Townhomes for Sale in Gates Park, Waterloo

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.