Affordable Homes for Sale in Waterloo, IA under $131,000

• 

  

  /2

  $2,950

  • Land
  • 6,969 Sq Ft
  • $18,438 per Acre

  0 Bates St, Waterloo, IA 50703

  Bargain priced and a great opportunity to own a lot to build on, garden or have for an asset with future potential. There are some nice homes on Bates St. and close by. Other lots available for a package investment. Located in a convenient location quick to downtown and with access to medical, shopping, restaurant's, etc. Less than 5 miles to the Waterloo Regional Airport.

  

  Rick Bauer

  RE/MAX Concepts - Cedar Falls

  0 Bates St, Waterloo, IA 50703
• Explore Waterloo

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  /2

  $7,950

  • Land
  • 0 Sq Ft

  0 Plain View St Unit NBR20261276, Waterloo, IA 50707

  Great opportunity with this Corner lot in City View 61'x135' There are some nice well maintained homes in the neighborhood!

  

  Rick Bauer

  RE/MAX Concepts - Cedar Falls

  0 Plain View St Unit NBR20261276, Waterloo, IA 50707
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  /8

  $13

  • Land
  • 34,412 Sq Ft
  • $16 per Acre

  Outlot C E Ridgeway Ave Unit Outlot C, Waterloo, IA 50702

  Excellent outlot development opportunity within Crossing Point Plaza on E Ridgeway Avenue. Available parcels range from 0.79 to 1.15 acres, providing flexibility for a variety of retail uses. The sites offer excellent visibility along the heavily trafficked East San Marnan Drive, just minutes from the I-380 / US-218 interchange, delivering strong accessibility and exposure. The outlots are

  Lindsey McEnaney AWRE - Commercial & Development

  Outlot C E Ridgeway Ave Unit Outlot C, Waterloo, IA 50702
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  /9

  $64,900

  • Land
  • 17,424 Sq Ft
  • $162,250 per Acre

  Lot 2 Red Tail Dr, Waterloo, IA 50701

  AWESOME Location! Red Tail is the newest housing development in Waterloo. Don't miss out on your chance to be part of this exciting new community on Red Tail Drive! This modern new construction home site is an amazing spot to build your dream home. Several contemporary homes are setting the pace stylistically for this development. You will love the location, situated in Audubon Park and close to

  Amy Wienands AWRE, EXP Realty, LLC

  Lot 2 Red Tail Dr, Waterloo, IA 50701
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  /2

  $59,900

  • 2 Beds
  • 1 Bath
  • 981 Sq Ft

  523 Columbia St, Waterloo, IA 50703

  Welcome to this well-priced 2-bedroom, 1-bathroom home offering outstanding potential for both first-time homebuyers and savvy investors. With a garage for secure parking and extra storage, this property checks all the boxes for comfort, function, and value. With this home currenly rented, don't miss your chance to build your rental portfolio.

  Mike Taylor Lockard Realty Company

  523 Columbia St, Waterloo, IA 50703
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  /2

  $9

  • Land
  • 1.2 Acres
  • $8 per Acre

  Lot 1 San Marnan Dr, Waterloo, IA 50701

  Office/Industrial development lot available in San Marnan Business Park. Multiple prime location sites offering a convenient location for your business. Available at $9.00 PSF. Regional water detention available. Listing agent is related to owner.

  Chris Fischels Fischels Commercial Group

  Lot 1 San Marnan Dr, Waterloo, IA 50701
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  /13

  $124,900

  • 3 Beds
  • 1 Bath
  • 848 Sq Ft

  419 Charles St, Waterloo, IA 50703

  You'll be impressed! From the gorgeous custom kitchen with cabinets galore including a pantry with pullout draws, to the sunny living room with a bay window, new flooring throughout, updated windows, freshly painted walls, 3 bedrooms & a updated bathroom. Lower level has the laundry & plenty of room for storage or expanded living space, double detached garage and a huge backyard. Move right in &

  Colleen Tierney RE/MAX Concepts - Cedar Falls

  419 Charles St, Waterloo, IA 50703
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  /18

  $99,900

  • 2 Beds
  • 1 Bath
  • 1,104 Sq Ft

  499 Columbia St, Waterloo, IA 50703

  Whether you're searching for your first home or looking to add another property to your investment portfolio, this one is worth a look. Inside, you'll find a spacious kitchen with plenty of cabinet and counter space, making meal prep or tackling your weekly grocery haul a whole lot easier. The eat in kitchen flows into the large living room, creating an open and comfortable space for everyday

  Paige Peyton Oakridge Real Estate

  499 Columbia St, Waterloo, IA 50703
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  /2

  $7

  • Land
  • 2.3 Acres
  • $3 per Acre

  2.30 acres San Marnan Dr, Waterloo, IA 50701

  Best value commercial lot with average daily traffic counts of 22,000 along San Marnan Drive. This 2.3 acres Lot available in prime Waterloo Business Park setting. Located between US Hwy 20 and major arterial San Marnan Drive in Waterloo. Utilities available, City TIF Incentives available, and great Hwy 20 visibility. Priced at $7.75/SF.

  Matthew Miehe Miehe Commercial Real Estate

  2.30 acres San Marnan Dr, Waterloo, IA 50701
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  /2

  $8

  • Land
  • 1.62 Acres
  • $5 per Acre

  Lot 3 San Marnan Dr, Waterloo, IA 50701

  Office/Industrial development lot available in San Marnan Business Park. Multiple prime location sites offering a convenient location for your business. Available at $8.00 PSF. Regional water detention available. Listing agent is related to owner.

  Chris Fischels Fischels Commercial Group

  Lot 3 San Marnan Dr, Waterloo, IA 50701
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  /4

  $3

  • Land
  • 0 Sq Ft

  Lot 4 Marnie Ave, Waterloo, IA 50701

  Awesome opportunity for a customizable sized lot! Situated in Waterloo, these lots are conveniently located with easy access to the interstate and close to the industrial park! City tax incentives available. Check these out today!

  Phillip Shirk AWRE - Commercial & Development

  Lot 4 Marnie Ave, Waterloo, IA 50701
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  /28

  $124,000

  $11K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,049 Sq Ft

  500 Johnson St, Waterloo, IA 50702

  Check out this charming 3-bedroom, 1-bathroom home nestled in a quiet neighborhood! Built in 1939, this inviting property features deep blue vinyl siding that adds curb appeal and character. Inside, you’ll find a cozy layout with plenty of potential to make it your own. The attached garage offers everyday convenience, while the spacious basement provides ample storage. Whether you’re a first-time

  Ellen Fowler Pinnacle Realty

  500 Johnson St, Waterloo, IA 50702
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  /8

  $13

  • Land
  • 39,204 Sq Ft
  • $14 per Acre

  Outlot B E Ridgeway Ave Unit Outlot B, Waterloo, IA 50702

  Excellent outlot development opportunity within Crossing Point Plaza on E Ridgeway Avenue. Available parcels range from 0.79 to 1.15 acres, providing flexibility for a variety of retail uses. The sites offer excellent visibility along the heavily trafficked East San Marnan Drive, just minutes from the I-380 / US-218 interchange, delivering strong accessibility and exposure. The outlots are

  Lindsey McEnaney AWRE - Commercial & Development

  Outlot B E Ridgeway Ave Unit Outlot B, Waterloo, IA 50702
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  /2

  $6

  • Land
  • 27,312 Sq Ft
  • $10 per Acre

  0 Provision Pkwy, Waterloo, IA 50701

  194' x 141 commercial lot for sale in a rapidly developing area of Waterloo. Situated right off of W Ridgeway Ave., this space will be near high traffic counts, and will provide great signage possibilities. Available for $6.50 PSF.

  Chris Fischels Fischels Commercial Group

  0 Provision Pkwy, Waterloo, IA 50701
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  /10

  $114,000

  $11K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 713 Sq Ft

  330 Black Hawk Rd, Waterloo, IA 50701

  Move in ready! This freshly painted 3 bedroom features an oak kitchen, with appliances included, along with an eating peninsula. One bedroom on the main floor and 2 bedrooms up with one being 10 x 8'1 and the other 9'11 x 9'7 ,both with built in storage. Remodeled bath with tiled shower/ tub. Oversized single garage (352 sq ft) was built in 2003. Most all windows are vinyl replacements and

  Sue Scarbrough,CRS Berkshire Hathaway Home Services One Realty Centre

  330 Black Hawk Rd, Waterloo, IA 50701
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  /7

  $76,900

  $3K PRICE DROP

  • 892 Sq Ft

  704 W 1st St, Waterloo, IA 50701

  Up-and-down duplex with charming wood Craftsman features throughout. Each unit includes 1 bedroom, 1 bathroom, and a spacious living room. Total monthly rent is $1,345, with the lower unit renting for $595 and the upper unit renting for $750. Tenants pay utilities, while the landlord covers water, averaging $278 per quarter. Both units feature newer appliances. With rents well above the 1% rule,

  Derick Rogers Realty ONE Group Movement

  704 W 1st St, Waterloo, IA 50701
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  /10

  $84,000

  $8K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,272 Sq Ft

  407 Locust St, Waterloo, IA 50701

  Charming 3-bedroom, 1-bathroom house with approximately 1,272 square feet of living space. It features beautiful woodwork, built-in bookshelves in the dining room/library area, and includes a stove, refrigerator, washer, and dryer. You'll love the bathroom with all new fixtures, new windows, and new paint and flooring throughout. Call for an easy showing today!

  Martin Stokes Martin Inc., Realtors

  407 Locust St, Waterloo, IA 50701
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  /2

  $6

  • Land
  • 1.23 Acres
  • $5 per Acre

  Lot 1 Crossroads Blvd, Waterloo, IA 50702

  Multiple retail development sites available in prime location along Crossroads Blvd. Lots available for $6 PSF. Owner is willing to divide site with lots from 1 acre. Highly desirable location with strong traffic and visibility. Chris Fischels is a licensed agent in the state of Iowa and has partial ownership in owning LLC.

  Chris Fischels Fischels Commercial Group

  Lot 1 Crossroads Blvd, Waterloo, IA 50702
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  /2

  $11,000

  • Land
  • 7,840 Sq Ft
  • $61,111 per Acre

  0 Monroe St Unit Parcel 891230129032, Waterloo, IA 50703

  Each lot has sewer and water that run to the lot line.

  Kami Kirkland EXP Realty, LLC

  0 Monroe St Unit Parcel 891230129032, Waterloo, IA 50703
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  /8

  $49,500

  • 2 Beds
  • 1 Bath
  • 864 Sq Ft

  1227 W Mullan Ave, Waterloo, IA 50701

  Welcome to this affordable townhouse community, offering excellent investment potential. Each townhouse features a functional 2-bedroom, 1-bath layout and has a rental history ranging from $550–$650 per month per unit. A solid opportunity for investors seeking steady rental income in a practical, easy-to-maintain property or first time homebuyer.

  Mike Taylor Lockard Realty Company

  1227 W Mullan Ave, Waterloo, IA 50701
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  /22

  $79,000

  • 4 Beds
  • 2 Baths
  • 1,288 Sq Ft

  2227 E 4th St, Waterloo, IA 50703

  Affordable space, flexible living, and a convenient location combine in this 4-bedroom, 2-bath Waterloo, IA home. With over 1,288 square feet of finished living space plus a fully enclosed front porch, there's plenty of room to spread out both inside and out. The main floor features a spacious living room, dining area, and kitchen, along with a desirable main-floor bedroom suite addition complete

  Rachel Cheeney, Owner / Broker Pro Resource Realty

  2227 E 4th St, Waterloo, IA 50703
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  /4

  $3

  • Land
  • 0 Sq Ft

  Lot 1 Marnie Ave, Waterloo, IA 50701

  Awesome opportunity for a customizable sized lot! Situated in Waterloo, these lots are conveniently located with easy access to theinterstate and close to the industrial park! City tax incentives available. Check these out today!

  Phillip Shirk AWRE - Commercial & Development

  Lot 1 Marnie Ave, Waterloo, IA 50701
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  /29

  $109,000

  • 1,070 Sq Ft

  406-408 Gladys St, Waterloo, IA 50702

  Investor and home renovator opportunity here! This home is ready to reno! This home was previously a duplex and could still be, but is also in the process of being converted into a single family home. Newer Windows and doors, new siding, two new fuse boxes, and new electrical ran through half the house. Come take a look at a great project home! Sold AS-IS

  Justin Finn Four Seasons Realtors Inc

  406-408 Gladys St, Waterloo, IA 50702
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  /5

  $129,900

  • Land
  • 26,950 Sq Ft
  • $209,961 per Acre

  0 Kimberly Ln Unit Lot 3, Waterloo, IA 50701

  Tremendous opportunity to create your best lifestyle! Luxury building sites in West Waterloo are situated to overlook Sunnyside Country Club. These wooded building sites offer stunning views and a private drive off of Westchester Road. This outstanding offering is not to be missed! Act quickly to secure your lot in Magnolia Hills!

  Amy Wienands AWRE, EXP Realty, LLC

  0 Kimberly Ln Unit Lot 3, Waterloo, IA 50701
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  /2

  $6

  • Land
  • 4.62 Acres
  • $1 per Acre

  Lot 4 Crossroads Blvd, Waterloo, IA 50702

  Multiple retail development sites available in prime location along Crossroads Blvd. Lots available for $6 PSF. Owner is willing to divide site with lots from 1 acre. Highly desirable location with strong traffic and visibility. Chris Fischels is a licensed agent in the state of Iowa and has partial ownership in owning LLC.

  Chris Fischels Fischels Commercial Group

  Lot 4 Crossroads Blvd, Waterloo, IA 50702
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  /3

  $16

  • Land
  • 37,896 Sq Ft
  • $18 per Acre

  0 Ridgeway Ave Unit Corner Lot, Waterloo, IA 50701

  Positioned at the signalized corner of Ansborough Avenue and W. Ridgeway Avenue, this ±0.87-acre parcel offers a strong commercial development opportunity with exposure to approximately 23,000 vehicles per day. The site features excellent visibility, convenient access, and prominent frontage in a well-established corner with close proximity to Highway 20, surrounding businesses, and residential

  Phillip Shirk AWRE - Commercial & Development

  0 Ridgeway Ave Unit Corner Lot, Waterloo, IA 50701
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  /2

  $8

  • Land
  • 1.49 Acres
  • $5 per Acre

  Lot 10 San Marnan Dr, Waterloo, IA 50701

  Office/Industrial development lot available in San Marnan Business Park. Multiple prime location sites offering a convenient location for your business. Available at $8.00 PSF. Listing agent is related to owner.

  Chris Fischels Fischels Commercial Group

  Lot 10 San Marnan Dr, Waterloo, IA 50701
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  /4

  $15,000

  $5K PRICE DROP

  • Land
  • 6,860 Sq Ft
  • $95,248 per Acre

  Lot 13, 14, 15 Gable St, Waterloo, IA 50703

  Three identical well-sized residential lots provide a great setting for building a beautiful home. With plenty of room for a house, garage, and outdoor space, these lots offer flexibility for a variety of home designs. Whether you're planning to build immediately or hold as an investment, this property presents potential. Three separate parcels.

  Brianna Weekley Realty ONE Group Movement

  Lot 13, 14, 15 Gable St, Waterloo, IA 50703
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  /4

  $29,999

  • Land
  • 20,249 Sq Ft
  • $64,531 per Acre

  0 Plainview & Shirley St Unit NBR20262383, Waterloo, IA 50707

  This lot is located in a quiet family oriented neighborhood. Its a block away from the Cityview Park. Its a little short of a half acre. Zoned R2 big enough for two nice size homes or 2 Duplexes. Anyone looking to build in a nice area should definitely consider this area.

  Ken Draine Skogman Realty

  0 Plainview & Shirley St Unit NBR20262383, Waterloo, IA 50707
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  /27

  $109,900

  $5K PRICE DROP

  • 3 Beds
  • 1.5 Baths
  • 1,240 Sq Ft

  706 Kern St, Waterloo, IA 50703

  Come on over and check out this 3 bedroom, 1.5 bath home offering comfortable living space and endless possibilities. The main level features 2 decent-sized bedrooms along with a full bath, while upstairs you will find a spacious third bedroom with plenty of closet space and its own convenient half bath. The unfinished basement offers great potential for additional living space, storage, hobby

  Karmen Schwake Oakridge Real Estate

  706 Kern St, Waterloo, IA 50703
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  /8

  $60,000

  $12K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 1,392 Sq Ft

  821 W Mullan Ave, Waterloo, IA 50701

  This is a 1925-built, 2-bedroom, 1-bath single-family residence well-suited for first-time buyers or income-oriented investors. The home offers generously proportioned bedrooms with oversized closets, a formal dining room accented by original woodwork, and an enclosed sleeping porch that provides flexible additional space. With a practical floor plan, no HOA restrictions, this vacant property is

  Chase Lyons Oakridge Real Estate

  821 W Mullan Ave, Waterloo, IA 50701
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  /38

  $93,300

  Open Mon 5PM - 6PM

  • 2 Beds
  • 1 Bath
  • 1,096 Sq Ft

  523 Cutler St, Waterloo, IA 50703

  Cute bungalow home with lots of updates and renovations done. Features 2 Bedrooms and 1 new Bathroom. Kitchen was updated and all new flooring complete this home. Move in Ready, so don't delay and come take a look.

  Gerald Sorensen RE/MAX Concepts - Cedar Falls

  523 Cutler St, Waterloo, IA 50703
• 

  

  /8

  $49,500

  • 2 Beds
  • 1 Bath
  • 432 Sq Ft

  1223 W Mullan Ave, Waterloo, IA 50701

  Welcome to this affordable townhouse community, offering excellent investment potential. Each townhouse features a functional 2-bedroom, 1-bath layout and has a rental history ranging from $550–$700 per month per unit. A solid opportunity for investors seeking steady rental income in a practical, easy-to-maintain property.

  Mike Taylor Lockard Realty Company

  1223 W Mullan Ave, Waterloo, IA 50701
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  /13

  $87,000

  • 3 Beds
  • 2 Baths
  • 1,572 Sq Ft

  118 Reber Ave, Waterloo, IA 50701

  Here is a great home for a first time buyer or an investor. Home has refinished hardwood floors in the formal dining area and living room. Newer hickory Kitchen cabinets that is open to the breakfast nook. All appliances stay with the property including washer & dryer. There is a 2 car garage and a single garage as well with 2 driveways. The Seller is selling this property in AS IS Where Is

  Arleen Kugler,SRES,ABR,CRS Berkshire Hathaway Home Services One Realty Centre

  118 Reber Ave, Waterloo, IA 50701
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  /9

  $94,500

  • 2 Beds
  • 1 Bath
  • 1,189 Sq Ft

  736 Sherman Ave, Waterloo, IA 50703

  Charming and full of potential, this 2-bedroom, 1-bath home offers affordable and comfortable living with room to grow. The main level features a functional layout with inviting living space, two well-sized bedrooms, and a full bathroom. Natural light fills the home, creating a warm and welcoming atmosphere throughout. The unfinished basement provides excellent storage or the opportunity to

  Nicolas Moran Realty ONE Group Movement

  736 Sherman Ave, Waterloo, IA 50703
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  /2

  $8

  • Land
  • 1.24 Acres
  • $6 per Acre

  Lot 12 San Marnan Dr, Waterloo, IA 50701

  Office/Industrial development lot available in San Marnan Business Park. Multiple prime location sites offering a convenient location for your business. Available at $8.00 PSF. Regional water detention provided. Listing agent is related to owner.

  Chris Fischels Fischels Commercial Group

  Lot 12 San Marnan Dr, Waterloo, IA 50701
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  /8

  $4

  • Land
  • 8.57 Acres

  8.57 Acres E Tower Park Dr, Waterloo, IA 50702

  8.57 acres commercial land on corner lot with pond view/access and visibility from Hwy. 20. Endless possibilities for commercial business development. Ideal location next to Farmer State Bank office building in the area of the San Marnan business park corridor.

  Chris Fischels Fischels Commercial Group

  8.57 Acres E Tower Park Dr, Waterloo, IA 50702
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  /2

  $65,000

  $10K PRICE DROP

  • 4 Beds
  • 2 Baths
  • 852 Sq Ft

  915 W 5th St, Waterloo, IA 50702

  Great investment property to add to your portfolio or a fun fix and flip. Motivated seller. Property being sold AS IS seller to make no repairs.

  Kelly Jo Fretto Pinnacle Realty

  915 W 5th St, Waterloo, IA 50702
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  /36

  $109,900

  $15K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 864 Sq Ft

  434 Belmont Ave, Waterloo, IA 50701

  Tucked into a Waterloo neighborhood where daily life feels simple and manageable, this thoughtfully renovated townhouse offers a practical layout paired with comfortable outdoor space. From the moment you arrive, the home presents an easygoing lifestyle—one designed for low maintenance and everyday convenience. Stepping through the front door, the main level unfolds into a welcoming living room

  Lynette Sorensen RE/MAX Concepts - Cedar Falls

  434 Belmont Ave, Waterloo, IA 50701
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  /18

  $54,900

  $10K PRICE DROP

  • 1 Bed
  • 1 Bath
  • 679 Sq Ft

  143 Chicago St, Waterloo, IA 50701

  Calling all Investors!! This one bed, one bath home comes with an oversized three stall garage. Whether you're looking to take on a renovation project, or looking for storage this home presents a solid opportunity. Schedule your showing today!

  Amy Wienands AWRE, EXP Realty, LLC

  143 Chicago St, Waterloo, IA 50701

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