516 Upton Ave Waterloo, IA 50701
Edison NeighborhoodEstimated payment $596/month
Highlights
- Central Air
- Ceiling Fan
- 5-minute walk to Edison Park
- Humidifier
About This Home
Investor's dream! This 2-bedroom, 1-bathroom single-family home offers steady rental income from reliable tenants and includes basement bonus room—ideal for use as a non-conforming third bedroom, home office, or flex space. This property is ideal for investors seeking a turnkey rental with immediate income. Conveniently located near Ansborough and University, this is a fantastic opportunity to expand your portfolio in a strong rental market.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,167
Year Built
- Built in 1929
Lot Details
- 4,535 Sq Ft Lot
- Lot Dimensions are 40x110
- Property is zoned R1-SF
Parking
- No Garage
Home Design
- Block Foundation
- Asphalt Roof
- Hardboard
Interior Spaces
- 616 Sq Ft Home
- Ceiling Fan
- Fire and Smoke Detector
- Free-Standing Range
- Laundry on lower level
- Unfinished Basement
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Schools
- Fred Becker Elementary School
- Central Middle School
- East High School
Utilities
- Central Air
- Humidifier
Listing and Financial Details
- Assessor Parcel Number 891322155009
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| 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 | $1,268 | $67,590 | $12,140 | $55,450 |
| 2024 | $1,268 | $58,410 | $12,140 | $46,270 |
| 2023 | $1,042 | $58,410 | $12,140 | $46,270 |
| 2022 | $1,016 | $47,480 | $12,140 | $35,340 |
| 2021 | $970 | $47,480 | $12,140 | $35,340 |
| 2020 | $954 | $42,810 | $7,470 | $35,340 |
| 2019 | $954 | $42,810 | $7,470 | $35,340 |
| 2018 | $1,159 | $42,810 | $7,470 | $35,340 |
| 2017 | $788 | $42,810 | $7,470 | $35,340 |
| 2016 | $774 | $42,810 | $7,470 | $35,340 |
| 2015 | $774 | $42,810 | $7,470 | $35,340 |
| 2014 | $788 | $42,810 | $7,470 | $35,340 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/21/2025 11/21/25 | Price Changed | $94,900 | -5.0% | $154 / Sq Ft |
| 08/18/2025 08/18/25 | Price Changed | $99,900 | -8.3% | $162 / Sq Ft |
| 07/01/2025 07/01/25 | Price Changed | $109,000 | -3.1% | $177 / Sq Ft |
| 06/05/2025 06/05/25 | Price Changed | $112,500 | -2.2% | $183 / Sq Ft |
| 05/23/2025 05/23/25 | For Sale | $115,000 | -- | $187 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $47,000 | None Listed On Document | |
| Warranty Deed | $20,000 | None Listed On Document | |
| Warranty Deed | -- | Beecher Law Firm |
Source: Northeast Iowa Regional Board of REALTORS®
MLS Number: NBR20252401
APN: 8913-22-155-009
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