Townhomes for Sale in Common Grounds, Waterloo

Common Grounds in Waterloo is a neighborhood characterized by its strong sense of community and cultural diversity. Residents actively participate in local houses of worship and nonprofits, fostering a close-knit environment. The area features affordable homes, typically two-bedroom bungalows and Foursquare styles built between 1900 and 1950, attracting families, first-time homebuyers, and investors. Practical amenities include quick commutes to downtown Waterloo, just a mile away, and major employers like John Deere. Dining options are plentiful, with local favorites such as D & K Hickory House for ribs, Park Road Inn, and Tortas y Tacos DelValle for takeout. Downtown eateries like Morg’s diner and Screaming Eagle bar are also nearby. Sullivan Memorial Park is a central recreational spot with a baseball diamond, playground, and picnic areas, and it hosts annual events like the Juneteenth celebration and the Back to School Bash. Scenic river views and outdoor activities are accessible at Joe Staub Memorial Field and Cedar Valley Lakes Trail. The neighborhood is served by U.S. Route 63 and bus line 3, facilitating easy commutes. Despite its many positives, parts of Common Grounds are at an elevated flood risk, particularly near Cedar River. The area is also home to the recently opened All-In Grocers, which includes a community center offering various support programs.