$3,600,000

Estimated payment $24,627/month

Total Views 7,010
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • 1.16 Acre Lot
  • Heating System Uses Steam
  • 2-minute walk to Boys & Girls Club
  • Laundry Room

About This Home

93 unit Senior Housing Community - Downtown Waterloo IA Located in the heart of downtown Waterloo, this well maintained apartment community offer investors a stabilized asset with a strong historical occupancy and consistent cash flow. Walnut Court Senior Housing Pro-forma available.

Listing Agent

Richard Lockard

Realty ONE Group Movement License #B43648000 Listed on: 02/27/2026

Realty ONE Group Movement

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $61,285

Year Built

  • Built in 1922

Lot Details

  • 1.16 Acre Lot
  • Lot Dimensions are 242 x 215 x 325

Home Design

  • Brick Exterior Construction
  • Membrane Roofing

Parking

  • 28 Open Parking Spaces
  • No Garage
  • On-Street Parking

Schools

  • Cunningham Elementary School
  • Central Middle School
  • East High School

Utilities

  • Window Unit Cooling System
  • Heating System Uses Steam

Additional Features

  • Laundry Room
  • Brick Basement

Listing and Financial Details

  • Assessor Parcel Number 891324309001

Community Details

Overview

  • 93 Units

Building Details

  • Electric Expense $70,102
  • Water Sewer Expense $32,957

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$61,285

Year Built

Built in 1922

Lot Details

1.16 Acres

Listing Details

  • Parcel Number: 891324309001
  • Year Built: 1922
  • Property Sub-Type: Apartment
  • PropertyType: Residential Income
  • ResoLaundryFeatures: Laundry Room
  • Lot Size Acres: 1.16
  • Road Frontage Type: Hard Surface Road
  • Co List Office Phone: 319-243-3425
  • MLS Status: ACTIVE
  • Reso Roof: Membrane
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Brick/Mortar

Exterior Features

  • Construction Type: Brick
  • Siding: Brick

Garage/Parking

  • Open Parking Spaces: 28
  • Parking Features: On Street, None

Utilities

  • Cooling: Window Unit(s)
  • Heating: Steam
  • Sewer: Public Sewer
  • Utilities: Cable Paid by Individual, Electric in Rent, Elec Individual Meters, Garbage in Rent, Gas in Rent, Gas Individual Meters, Water in Rent
  • Water Source: Public

Fee Information

  • Annual Water Sewer Expense: 32957

Schools

  • Elementary School: Cunningham
  • High School: East High
  • Middle Or Junior School: Central

Lot Info

  • Zoning: R-3
  • Lot Dimensions: 242 x 215 x 325
  • Lot Size Sq Ft: 250878
  • Additional Parcels: No

Rental Info

  • Tenant Pays: None
  • Lease Term: Other

Multi Family

  • Number Of Units Total: 93
  • Electric Expense: 70102

Tax Info

  • Tax Annual Amount: 61285

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $61,960 $2,836,070 $24,160 $2,811,910
2024 $61,960 $2,825,000 $24,160 $2,800,840
2023 $26,406 $2,825,000 $24,160 $2,800,840
2022 $26,550 $1,171,520 $24,160 $1,147,360
2021 $26,762 $1,171,520 $24,160 $1,147,360
2020 $26,330 $1,181,580 $34,220 $1,147,360
2019 $26,330 $1,181,580 $34,220 $1,147,360
2018 $26,344 $1,181,580 $34,220 $1,147,360
2017 $27,134 $1,181,580 $34,220 $1,147,360
2016 $26,806 $1,181,580 $34,220 $1,147,360
2015 $26,806 $1,181,580 $34,220 $1,147,360
2014 $27,320 $1,181,580 $34,220 $1,147,360
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/27/2026 02/27/26 For Sale $3,600,000 -- --
Source: Northeast Iowa Regional Board of REALTORS®

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20260804

Northeast Iowa Regional Board of REALTORS®
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