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Explore Similar Apartments Within 2 Miles of Edison, IA

  • /6

    $105,000

    • 3 Beds
    • 2 Baths
    • 976 Sq Ft

    102 South St, Waterloo, IA 50701

    Great investment opportunity! Lower unit features two bedrooms and one bathroom. Upstairs unit offers one bedroom and one bathroom.

    Leeann Sires EPM, Iowa

    102 South St, Waterloo, IA 50701
  • /3

    $49,900

    • 793 Sq Ft

    114 Allen St, Waterloo, IA 50701

    Great cash flow on this duplex! Fully occupied and ready to go! Downstairs unit is a 1 bedroom, and the back/upstairs is a 2 bedroom

    Lindsey Bierman Epique Realty

    114 Allen St, Waterloo, IA 50701
  • /2

    $64,900

    • 768 Sq Ft

    206 Randolph St, Waterloo, IA 50701

    Great cash flow on this duplex! Fully occupied and ready to go! Downstair is a 2 bedroom, and the upstairs is a 1 bedroom

    Lindsey Bierman Epique Realty

    206 Randolph St, Waterloo, IA 50701
  • /3

    $390,000

    • 2,552 Sq Ft

    211 Fereday Ct, Waterloo, IA 50701

    ATTENTION INVESTORS!! Come look at this traditional 8 plex. Tired of only seeing cobbled up conversions! This one is for you. Plenty of opportunity here to grow your business. Rents are consistently over $4600.00 per month. Currently $4750.00 plus any pet rents. 8 one bed one bath units. Most of them have been freshly painted in the last 12 months and some have new flooring and minor

    James Snider Premier Farm Realty Group

    211 Fereday Ct, Waterloo, IA 50701
  • /12

    $1,800,000

    • 4,357 Sq Ft

    611 Johnson St, Waterloo, IA 50702

    This is the kind of asset every investor is looking for—24 fully occupied, low-maintenance units in a prime Waterloo location. Located at 611 & 619 Johnson Avenue, this multifamily package features two 12-unit buildings, each comprised entirely of 2 bed / 1 bath units with in-unit laundry—a key amenity that drives tenant demand and reduces turnover. Each unit is individually metered, with

    Tyler Rasmussen EPM, Iowa

    611 Johnson St, Waterloo, IA 50702
  • /18

    $100,000

    • 2 Beds
    • 1,068 Sq Ft

    1103 Jefferson St, Waterloo, IA 50702

    Turnkey triplex in Waterloo, Iowa – vacant and ready for tenants! Live in one unit and rent out the others. Separate electric and gas meters. Previously rented for $2,000/month when fully occupied. Opportunity for extra income with laundry

    Jared Hottle Berkshire Hathaway Home Services One Realty Centre

    1103 Jefferson St, Waterloo, IA 50702
  • /5

    $270,000

    • 1,816 Sq Ft

    911 Lafayette St Unit 913, Waterloo, IA 50703

    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

    Brandie White Berkshire Hathaway Home Services One Realty Centre

    911 Lafayette St Unit 913, Waterloo, IA 50703
  • /20

    $280,000

    • 1,154 Sq Ft

    1113 Rainbow Dr, Waterloo, IA 50701

    Great cash flow rental property located in quiet neighborhood in west Waterloo. TWO separate duplexes on the property create a combined gross rent of $2825 per month. The house is split into two units, a two bedroom on the first floor and a one bedroom on the upper floor. The newer duplex building situated in the back part of the property was constructed as a duplex and both units are one bed one

    Bond Shymansky Skogman Realty

    1113 Rainbow Dr, Waterloo, IA 50701
  • /11

    $80,000

    • 4 Beds
    • 2 Baths
    • 1,064 Sq Ft

    73 Lafayette St, Waterloo, IA 50703

    Duplex for sale. 2 bedroom, 1 bath units, very spacious and kept in great condition. Great investor property. Come check it out and you will be very satisfied.

    Abigail Matamoros Berkshire Hathaway Home Services One Realty Centre

    73 Lafayette St, Waterloo, IA 50703
  • /2

    $150,000

    • 4 Beds
    • 2 Baths
    • 864 Sq Ft

    1116 Mulberry St, Waterloo, IA 50703

    Excellent Investment Opportunity! Well-maintained duplex featuring two spacious 2-bedroom units. The lower unit is owner-occupied, while the upper unit generates steady rental income at $800/month. Each unit includes a full kitchen, a full bath, a generous living area, and plenty of storage space. Utilities are efficient with separate gas and electric meters; water and garbage are shared. Enjoy

    Rosalinda Rodriguez Silva Oakridge Real Estate

    1116 Mulberry St, Waterloo, IA 50703
  • /2

    $80,000

    • 974 Sq Ft

    1113 Mulberry St Unit 1115, Waterloo, IA 50703

    Located in the heart of downtown Waterloo, this triplex offers a solid investment opportunity at an unbeatable price per unit. The property features two main floor units and one upper-level unit, with two of the three currently rented. When fully occupied, it brings in over $1,600 per month in gross rent. Owner currently pays all utilities. While the property could use some TLC, there’s plenty

    Jared Hottle Berkshire Hathaway Home Services One Realty Centre

    1113 Mulberry St Unit 1115, Waterloo, IA 50703
  • /2

    $110,000

    • 1,328 Sq Ft

    303 Logan Ave, Waterloo, IA 50703

    This large, income-producing property generates nearly $2,400 in monthly rent. All units are currently occupied, offering immediate cash flow. Potential to increase income by separately metering utilities and adding coin-operated laundry. While the property could use some updates, opportunities like this at this price point are hard to find—don’t miss out!

    Jared Hottle Berkshire Hathaway Home Services One Realty Centre

    303 Logan Ave, Waterloo, IA 50703

Why Live in Edison

Edison, a neighborhood in Waterloo, is located just 2 miles from downtown. Known for its modest-sized homes dating from the 1910s to the 1960s, Edison features a mix of Minimal Traditional and shotgun homes, with some Dutch Colonials and Colonial Revivals. Recently, the site of the former Edison Elementary School has been developed into 32 new homes, with plans for a park that will include a playground, shelter, and basketball court. The neighborhood is family-friendly and well-connected to the Cedar Valley area. Recreational opportunities are abundant, with Hope Martin Memorial Park offering fishing, hiking trails, and sledding in the winter, while Galloway Park provides athletic fields and a playground. Local businesses such as Steamboat Gardens and Fat Cup Coffee Company add to the community's charm. For shopping, University Avenue leads to College Square Mall, which includes a Hy-Vee Grocery Store and various retailers. Maple Lanes Bowling Center offers seasonal leagues and a pinball arcade. The National Cattle Congress hosts an annual fair with rides and live music, drawing visitors from across the state. Downtown attractions, including the Waterloo Urban Farmers Market and Cinema on the Cedar, are easily accessible. Edison is a short commute to the John Deere manufacturing complex, a major local employer. U.S. Route 218 and University Avenue provide convenient routes for commuting and accessing amenities. However, some areas near these roads may experience traffic noise, and certain pockets of the neighborhood have a higher risk of flooding.

Home Trends in Edison, IA

Housing Trends

Median Sale Price
$119,000
Median Single Family Sale Price
$133,250
Average Price Per Sq Ft
$161
Number of Homes for Sale
13
Last 12 months Home Sales
25
Months of Supply
6.20
Median List Price
$135,711
Median Change From 1st List Price
6%
Median Home Sale Price YoY Change
-6%
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