911 Lafayette St Unit 913 Waterloo, IA 50703
Cedar River NeighborhoodEstimated payment $1,722/month
About This Home
Don’t miss this exceptional opportunity to own a fully occupied, income-producing fourplex, just minutes from downtown Waterloo’s vibrant shopping, dining, and amenities. Each of the four 2-bedroom, 1-bath units offers approximately 900 sq. ft. of living space. Significant capital improvements have already been completed, making this a strong investment option: Updated LVP flooring in multiple units New high-efficiency furnace in one unit Updated bathroom fixtures, including a new toilet and shower City-approved, newly built deck servicing the two upper units This property is being sold “As Is”, presenting a turnkey investment with immediate rental income in place. Whether you're a seasoned investor or just entering the market, this is a rare opportunity to secure a well-maintained asset in a desirable, high-demand location. Schedule your private showing today—opportunities like this don’t last long!
Last Listed By
Berkshire Hathaway Home Services One Realty Centre License #S68887000 Listed on: 05/23/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,893
Year Built
- Built in 1904
Lot Details
- 6,000 Sq Ft Lot
- Lot Dimensions are 50x120
Home Design
- Asphalt Roof
- Vinyl Siding
Interior Spaces
- 2-Story Property
- Stone Basement
Parking
- 4 Open Parking Spaces
- No Garage
- On-Street Parking
Schools
- Lowell Elementary School
- Central Middle School
- West High School
Utilities
- Window Unit Cooling System
- Forced Air Heating System
Community Details
- 4 Units
- Water Sewer Expense $2,540
Listing and Financial Details
- Assessor Parcel Number 891325130016
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 |
|---|---|---|---|---|
| 2024 | $1,894 | $94,720 | $8,310 | $86,410 |
| 2023 | $2,166 | $94,720 | $8,310 | $86,410 |
| 2022 | $2,482 | $98,600 | $3,560 | $95,040 |
| 2021 | $2,458 | $98,600 | $3,560 | $95,040 |
| 2020 | $2,614 | $90,680 | $3,560 | $87,120 |
| 2019 | $2,614 | $87,120 | $0 | $87,120 |
| 2018 | $3,388 | $87,120 | $0 | $87,120 |
| 2017 | $3,018 | $87,120 | $0 | $87,120 |
| 2016 | $3,190 | $87,120 | $0 | $87,120 |
| 2015 | $3,190 | $87,120 | $0 | $87,120 |
| 2014 | $3,386 | $90,680 | $3,560 | $87,120 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/23/2025 05/23/25 | For Sale | $280,000 | +35.3% | $154 / Sq Ft |
| 07/13/2023 07/13/23 | Sold | $207,000 | -3.7% | $114 / Sq Ft |
| 05/27/2023 05/27/23 | Pending | -- | -- | -- |
| 05/25/2023 05/25/23 | Price Changed | $214,900 | -2.3% | $118 / Sq Ft |
| 05/22/2023 05/22/23 | For Sale | $219,900 | 0.0% | $121 / Sq Ft |
| 05/19/2023 05/19/23 | Pending | -- | -- | -- |
| 05/01/2023 05/01/23 | For Sale | $219,900 | -- | $121 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $207,000 | None Listed On Document | |
| Warranty Deed | $182,000 | Roberts & Eddy Pc | |
| Warranty Deed | $80,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $165,600 | New Conventional | |
| Previous Owner | $69,600 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $71,518 | Commercial |
Source: Northeast Iowa Regional Board of REALTORS®
MLS Number: NBR20252379
APN: 8913-25-130-016
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