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Gates Park Homes for Sale

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  • 2421 E 4th St, Waterloo, IA 50703
    2421 E 4th St, Waterloo, IA 50703
    2421 E 4th St, Waterloo, IA 50703
    /10

    $85,000

    • 2 Beds
    • 2 Baths
    • 908 Sq Ft

    2421 E 4th St, Waterloo, IA 50703

    Welcome to your new home! This 2-bedroom, 1.75-bath residence offers a perfect blend of comfort and convenience. The spacious living area features windows that fill the space with natural light. The home includes a 3/4 bath, and an additional full bath with walk in tub. The home is just a short distance from Gates Park. At this price and little paint, you can transform this to your starter home

    Rick Schmidt RE/MAX Concepts - Cedar Falls

    2421 E 4th St, Waterloo, IA 50703
  • 626 Boston Ave, Waterloo, IA 50703
    626 Boston Ave, Waterloo, IA 50703
    626 Boston Ave, Waterloo, IA 50703
    /17

    $95,000

    • 2 Beds
    • 1 Bath
    • 1,382 Sq Ft

    626 Boston Ave, Waterloo, IA 50703

    Welcome to 626 Boston Ave — a well-kept, move-in ready home that offers plenty of space and potential at a great value. The main level features two bedrooms, a full bath, and hardwood floors throughout the living, dining, and bedroom areas. The kitchen includes stainless-steel appliances with original cabinetry and charm, offering both function and character.Downstairs, the partially finished

    Travis Ferguson KW Advantage

    626 Boston Ave, Waterloo, IA 50703
  • 2727 E 4th St, Waterloo, IA 50703
    2727 E 4th St, Waterloo, IA 50703
    2727 E 4th St, Waterloo, IA 50703
    /9

    $69,999

    • 2 Beds
    • 1 Bath
    • 951 Sq Ft

    2727 E 4th St, Waterloo, IA 50703

    Investor Alert !!! 2 bedroom 1 bath home with huge potential. New roof added in 2024. Looking for a rental this could be the one. Located in a neighborhood with lots amenities. Walking distance from the newly built Gates Park & Golf Course definitely don't over this 1.

    Ken Draine Skogman Realty

    2727 E 4th St, Waterloo, IA 50703
  • 2207 E 4th St, Waterloo, IA 50703
    2207 E 4th St, Waterloo, IA 50703
    2207 E 4th St, Waterloo, IA 50703
    /19

    $99,500

    • 4 Beds
    • 1 Bath
    • 2,124 Sq Ft

    2207 E 4th St, Waterloo, IA 50703

    Spacious 4-Bedroom Home with Over 2,000 Sq Ft—Across from the Park! Welcome to this charming 4-bedroom, 1-bathroom home offering over 2,000 square feet of comfortable living space, perfectly located just steps from a scenic park. Inside, you'll find a spacious and flexible layout featuring a formal dining room—ideal for hosting family gatherings or dinner parties. The recently updated kitchen

    Justin Finn Four Seasons Realtors Inc

    2207 E 4th St, Waterloo, IA 50703
Iowa Black Hawk County Waterloo Gates Park

Real Estate & Homes for Sale in Gates Park, Waterloo

Why Live in Gates Park
Gates Park in Waterloo is a neighborhood known for its affordability and convenience, located less than 2 miles from downtown. The area is undergoing significant development, including new apartment units, gyms, and a Taco Bell. The neighborhood features modest-sized homes from the 1940s and 1950s, with lawns often filled with children's play equipment. Gates Park is adjacent to Allen Hospital, which offers a range of medical services. U.S. Route 63 runs along the neighborhood, providing easy access to major manufacturers and downtown Waterloo, which is 1.5 miles away. The neighborhood is also served by bus lines 3 and 4. Renovations at Gates Park include transforming an old pool into a splash pad, playground, amphitheater, skating rink, and soccer fields. In the meantime, Virden Creek Park and Sullivan Memorial Park offer playgrounds, basketball courts, and baseball fields. Golf enthusiasts can enjoy the nearby Gates Park Golf Course and Red Carpet Golf Course. Local dining options include East China, D & K Hickory House, and Flip’s, with downtown restaurants like Morg’s diner just a short drive away. All-In Grocers, opened in 2023, provides fresh produce and after-school programs. The neighborhood is home to single-family homes priced between $45,000 and $120,000, attracting investors and first-time buyers. Gates Park has a history of flooding, with significant improvements made since the 2008 flood. The annual Juneteenth celebration is a notable event, featuring a march, food vendors, live music, and kids' activities.
Learn more about living in Gates Park

Frequently Asked Questions

Is Gates Park a good place to live?
Gates Park is a good place to live. Gates Park is considered car-dependent and somewhat bikeable with minimal transit options. Gates Park has 3 parks for recreational activities. It is somewhat dense in population with 7.2 people per acre and a median age of 39. The average household income is $46,549 which is below the national average. College graduates make up 16.5% of residents. A majority of residents in Gates Park are home owners, with 47.6% of residents renting and 52.4% of residents owning their home. A local real estate agent serving Gates Park can help you decide if this neighborhood is the right one for you. Learn more on our Gates Park neighborhood guide.
How much do you need to make to afford a house in Gates Park?
The median home price in Gates Park is $95,000. If you put a 20% down payment of $19,000 and had a 30-year fixed mortgage with an interest rate of 6.3%, your estimated principal and interest payment would be $470 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $20K a year to afford the median home price in Gates Park. The average household income in Gates Park is $47K.
What are the best public schools in Gates Park?
The best public schools that serve Gates Park are:
What are the best private schools in Gates Park?
The best private schools that serve Gates Park are:
What are the most popular zip codes in Gates Park, Waterloo, IA?
The most popular zip codes in Gates Park, Waterloo, IA include 50703, 50707, 50701, 50702 and 50613.
What are the most popular neighborhoods near Gates Park, Waterloo, IA?
The most popular neighborhoods near Gates Park, Waterloo, IA are Common Grounds, Maples, We Care, Good Shepherd and Riverfront.

Home Trends in Gates Park, IA

On average, homes in Gates Park, Waterloo sell after 53 days on the market compared to the national average of 52 days. The median sale price for homes in Gates Park, Waterloo over the last 12 months is $91,250, up 7% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price
$91,250
Median Single Family Sale Price
$95,000
Average Price Per Sq Ft
$95
Number of Homes for Sale
4
Last 12 months Home Sales
6
Months of Supply
8.00
Median List Price
$95,000
Median Change From 1st List Price
9%
Median Home Sale Price YoY Change
7%
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