701 W 7th St Waterloo, IA 50702
Does NeighborhoodEstimated payment $677/month
About This Home
This charming 6-unit apartment building is located in the heart of Waterloo, IA, just minutes from downtown amenities. Built in 1904, the property spans 2 floors and offers a solid investment opportunity for rental income. Each unit features functional layouts suitable for tenants, and the building sits on a 0.15-acre lot. Perfect for investors looking to expand their multi-family portfolio in a growing market. Unit 6 Details: 1 Bedroom & 1 Full Bath Monthly Income: N/A Rented: No Lease End Date: N/A No parking W/D Hookup
Listing Agent
ListWithFreedom.com Brokerage Phone: 855-456-4945 License #B71805000 Listed on: 09/22/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1904
Lot Details
- 6,534 Sq Ft Lot
- Lot Dimensions are 20x60x20x60
Home Design
- Flat Roof Shape
- Brick Exterior Construction
- Block Foundation
Bedrooms and Bathrooms
- 18 Bedrooms
- 5 Bathrooms
Parking
- No Garage
- On-Street Parking
Schools
- Lowell Elementary School
- Bunger Middle School
- West High School
Additional Features
- Washer and Gas Dryer Hookup
- Window Unit Cooling System
Community Details
- 6 Units
- Does Addition Subdivision
Listing and Financial Details
- Assessor Parcel Number 891326434001
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 | $517 | $25,430 | $2,360 | $23,070 |
| 2024 | $476 | $23,840 | $2,360 | $21,480 |
| 2023 | $632 | $23,840 | $2,360 | $21,480 |
| 2022 | $616 | $28,800 | $2,360 | $26,440 |
| 2021 | $586 | $28,800 | $2,360 | $26,440 |
| 2020 | $578 | $25,900 | $1,860 | $24,040 |
| 2019 | $578 | $25,900 | $1,860 | $24,040 |
| 2018 | $578 | $25,900 | $1,860 | $24,040 |
| 2017 | $594 | $25,900 | $1,860 | $24,040 |
| 2016 | $588 | $25,900 | $1,860 | $24,040 |
| 2015 | $588 | $25,900 | $1,860 | $24,040 |
| 2014 | $598 | $25,900 | $1,860 | $24,040 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/22/2025 09/22/25 | For Sale | $120,000 | -- | $173 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $118,000 | None Available | |
| Interfamily Deed Transfer | $130,000 | None Available | |
| Contract Of Sale | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $118,000 | Credit Line Revolving |
Source: Northeast Iowa Regional Board of REALTORS®
MLS Number: NBR20254662
APN: 8913-26-434-001
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