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Gates Park Homes for Sale

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  • 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
  • 1710 Logan Ave, Waterloo, IA 50703
    1710 Logan Ave, Waterloo, IA 50703
    1710 Logan Ave, Waterloo, IA 50703
    /24

    $129,900

    • 3 Beds
    • 1 Bath
    • 1,114 Sq Ft

    1710 Logan Ave, Waterloo, IA 50703

    Cute home in a convenient location! All of updates are done in this turnkey property, just move in and enjoy! Welcoming you is the cozy living room that is connected to the formal dining room. Just off this space is the kitchen, with beautiful quartz countertops and modern stainless appliances. Completing the main floor are two bedrooms and a full, updated bathroom, with a tile shower surround.

    Amy Wienands AWRE, EXP Realty, LLC

    1710 Logan Ave, Waterloo, IA 50703
  • 427 Hope Ave, Waterloo, IA 50703
    427 Hope Ave, Waterloo, IA 50703
    427 Hope Ave, Waterloo, IA 50703
    /32

    $134,900

    • 3 Beds
    • 1 Bath
    • 1,036 Sq Ft

    427 Hope Ave, Waterloo, IA 50703

    This three bedroom, one bathroom ranch offers comfortable main-floor living with fresh paint throughout. The front entry includes a convenient coat closet leading into the large open living room. The kitchen provides plenty of space for a kitchen table and features newly laid flooring. The unfinished basement offers great potential to easily add finished living space, storage or potential of a

    Laurie Lynch Oakridge Real Estate

    427 Hope Ave, Waterloo, IA 50703
  • 127 Sherman Ave, Waterloo, IA 50703
    127 Sherman Ave, Waterloo, IA 50703
    /2

    $78,000

    • 2 Beds
    • 1 Bath
    • 1,056 Sq Ft

    127 Sherman Ave, Waterloo, IA 50703

    Presenting a versatile real estate opportunity, this charming single-family home offers immense potential for both savvy investors seeking a reliable income stream and first-time homebuyers looking for an accessible entry point into homeownership. Currently operating as a sound rental property with a consistent history, it can be seamlessly maintained as an investment to immediately generate

    Gordon Sorensen RE/MAX Concepts - Cedar Falls

    127 Sherman Ave, Waterloo, IA 50703
  • 303 E Arlington St, Waterloo, IA 50703
    303 E Arlington St, Waterloo, IA 50703
    303 E Arlington St, Waterloo, IA 50703
    /16

    $73,900

    • 3 Beds
    • 1 Bath
    • 908 Sq Ft

    303 E Arlington St, Waterloo, IA 50703

    Welcome home to this charming three-bedroom, one-bath residence offering many recent updates and move-in ready convenience. This well-maintained home features a functional layout with comfortable living spaces, making it ideal for first-time homebuyers, downsizers, or investors. Conveniently located near schools, shopping, and local amenities, this home combines comfort, value, and location.

    Mike Taylor Lockard Realty Company

    303 E Arlington St, Waterloo, IA 50703
  • 617 Boston Ave, Waterloo, IA 50703
    617 Boston Ave, Waterloo, IA 50703
    617 Boston Ave, Waterloo, IA 50703
    /9

    $64,900

    • 2 Beds
    • 1 Bath
    • 864 Sq Ft

    617 Boston Ave, Waterloo, IA 50703

    Rented till July 2026. Updated floors.

    Alissa-Peyton Botts Century 21 Signature Real Estate - Cedar Falls

    617 Boston Ave, 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
  • 657 Sherman Ave, Waterloo, IA 50703
    657 Sherman Ave, Waterloo, IA 50703
    /2

    $80,000

    • 2 Beds
    • 1 Bath
    • 676 Sq Ft

    657 Sherman Ave, Waterloo, IA 50703

    Presenting a versatile real estate opportunity, this charming single-family home offers immense potential for both savvy investors seeking a reliable income stream and first-time homebuyers looking for an accessible entry point into homeownership. Currently operating as a sound rental property with a consistent history, it can be seamlessly maintained as an investment to immediately generate

    Gordon Sorensen RE/MAX Concepts - Cedar Falls

    657 Sherman Ave, 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.
Is Gates Park, IA a safe neighborhood?
Gates Park, IA is less safe than the average neighborhood in the United States. It received a crime score of 5 out of 10.
How much do you need to make to afford a house in Gates Park?
The median home price in Gates Park is $80,000. If you put a 20% down payment of $16,000 and had a 30-year fixed mortgage with an interest rate of 6.06%, your estimated principal and interest payment would be $390 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $17K a year to afford the median home price in Gates Park. Learn how much home you can afford with our Home Affordability Calculator. 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, 50701, 50702, 50707 and 50613.
What are the most popular neighborhoods near Gates Park, Waterloo, IA?
The most popular neighborhoods near Gates Park, Waterloo, IA are Riverfront, Gates Park, Unity, Good Shepherd and Church Row.
Are home prices dropping in Gates Park?
Yes, home prices in Gates Park are down 10% in the last 12 months.

Home Trends in Gates Park, IA

On average, homes in Gates Park, Waterloo sell after 47 days on the market compared to the national average of 53 days. The median sale price for homes in Gates Park, Waterloo over the last 12 months is $77,500, down 17% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price
$77,500
Median Single Family Sale Price
$80,000
Average Price Per Sq Ft
$97
Number of Homes for Sale
8
Last 12 months Home Sales
6
Months of Supply
16.00
Median List Price
$80,000
Median Change From 1st List Price
10%
Median Home Sale Price YoY Change
-17%
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