$189,999

Estimated payment $1,138/month

Total Views 2,023
2 Beds
1 Bath
1,542 Sq Ft
$123 Price per Sq Ft

About This Home

Don't miss out on this excellent investment opportunity in Waterloo! This unique property includes three parcels totaling 0.47 acres, offering both immediate income and long-term potential. Two fully occupied rental units with separate entrances generating steady income: Unit 1: $700/month and Unit 2: $825/month. Recently built a 2-stall garage with garage door openers. Includes an additional vacant lot — perfect for future development or added yard space. With consistent rental income already in place and room to expand or enhance, this is an ideal opportunity for investors looking to grow their portfolio in a high-demand area. Schedule your showing today and discover the possibilities this multi-parcel property has to offer! Property is being sold "as is"

Listing Agent

Brandie White

Berkshire Hathaway Home Services One Realty Centre License #S68887000 Listed on: 10/03/2025

Berkshire Hathaway Home Services One Realty Centre

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,645

Year Built

  • Built in 1950

Home Design

  • Duplex
  • Block Foundation
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Laundry on lower level

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Parking

  • 6 Open Parking Spaces
  • Parking Available

Schools

  • Irving Elementary School
  • Central Middle School
  • West High School

Additional Features

  • 10,070 Sq Ft Lot
  • Forced Air Heating and Cooling System

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 891326328038

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,645

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Parcel Number: 891326328038
  • Year Built: 1950
  • Property Sub-Type: Duplex
  • PropertyType: Residential Income
  • ResoLaundryFeatures: Lower Level
  • Road Frontage Type: Hard Surface Road
  • Co List Office Phone: 319-233-7000
  • MLS Status: ACTIVE
  • Above Grade Finished Sq Ft: 1542
  • Unit Levels: One
  • Reso Roof: Asphalt
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Block
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 1152

Exterior Features

  • Construction Type: Vinyl Siding
  • Siding: Vinyl

Garage/Parking

  • Open Parking Spaces: 6
  • Parking Features: Parking Space, Detached

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Sewer: Public Sewer
  • Utilities: Other
  • Water Source: Public

Schools

  • Elementary School: Irving Elementary
  • High School: West High
  • Middle Or Junior School: Central

Lot Info

  • Zoning: R-4
  • Lot Dimensions: Irregular
  • Lot Size Sq Ft: 10070

Rental Info

  • Tenant Pays: Electricity, Garbage Pick-up, Gas, Heat, Lawn Care, Snow Removal, Trash Collection, Water
  • Lease Term: Over 9 Months

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1644.6

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $1,644 $87,360 $8,700 $78,660
2024 $1,644 $75,810 $8,700 $67,110
2023 $1,538 $75,810 $8,700 $67,110
2022 $1,282 $59,970 $8,700 $51,270
2021 $1,488 $59,970 $8,700 $51,270
2020 $1,464 $65,670 $8,700 $56,970
2019 $1,464 $65,670 $8,700 $56,970
2018 $1,464 $65,670 $8,700 $56,970
2017 $1,508 $65,670 $8,700 $56,970
2016 $1,490 $65,670 $8,700 $56,970
2015 $1,490 $65,670 $8,700 $56,970
2014 $1,518 $65,670 $8,700 $56,970
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/03/2025 10/03/25 For Sale $189,999 -- $123 / Sq Ft
Source: Northeast Iowa Regional Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $130,000 None Listed On Document
Warranty Deed $109,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $104,000 Credit Line Revolving
Previous Owner $107,708 Purchase Money Mortgage
Source: Public Records

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20254849

Northeast Iowa Regional Board of REALTORS®

APN: 8913-26-328-038