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Investment - Homes for Sale in Waterloo, IA

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  • /2

    $3,750

    • Land
    • 0.16 Acre
    • $23,438 per Acre

    0 Bates St, Waterloo, IA 50703

    Bargain priced and a great opportunity to own a lot to build on, garden or have for an asset with future potential. There are some nice homes on Bates St. and close by. Other lots available for a package investment. Located in a convenient location quick to downtown and with access to medical, shopping, restaurant's, etc. Less than 5 miles to the Waterloo Regional Airport.

    Agent Photo

    Rick Bauer

    RE/MAX Concepts - Waterloo

    (319) 406-3094

    0 Bates St, Waterloo, IA 50703
  • /20

    $1,650,000

    • 408 Sq Ft

    211 Madison St, Waterloo, IA 50703

    Discover a lucrative investment opportunity with this 32-unit property in Waterloo. Ideal for investors seeking a stable income stream, this well-maintained complex offers spacious two-bedroom, one-bathroom units with full basements. 32 Rental Units: Solid history of 95%+ occupancy Two-Bedroom, One-Bathroom Units: Comfortable and practical layouts. Full Basements: Additional storage space for

    Tyler Rasmussen EPM, Iowa

    211 Madison St, Waterloo, IA 50703
  • /5

    $49,900

    • 3 Beds
    • 1 Bath
    • 1,386 Sq Ft

    236 Linwood Ave, Waterloo, IA 50702

    3 bedroom, 1 bath, 1 stall detached garage. Great starter home or investment property. Selling AS IS. Square footages approximate. Priced to sell!

    Kara Bartels RE/MAX Alliance

    236 Linwood Ave, Waterloo, IA 50702
  • /2

    $44,900

    • 1 Bed
    • 1.5 Baths
    • 578 Sq Ft

    340 W 13th St, Waterloo, IA 50702

    1 bedroom 1 1/2 bath, 2-1 stall garages. Great starter home or investment property. Selling AS IS. Square footages approximate. Priced to sell!

    Kara Bartels RE/MAX Alliance

    340 W 13th St, Waterloo, IA 50702
  • /11

    $189,900

    • 4 Beds
    • 2 Baths
    • 960 Sq Ft

    608-610 Martin Rd, Waterloo, IA 50701

    Great investment opportunity! This well-maintained duplex offers two spacious units, each with 960 sq ft, 2 bedrooms, 1 bath, a washer and dryer, dishwasher, and an oversized single-stall garage. The upper unit is currently leased and conveniently handles lawn care and snow removal. The lower unit features several recent updates including a new refrigerator, stove, carpet, and a newly installed

    Braidynn Bauman EXP Realty, LLC

    608-610 Martin Rd, Waterloo, IA 50701
  • /17

    $77,000

    • 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
  • /8

    $49,500

    • 2 Beds
    • 1 Bath
    • 864 Sq Ft

    1227 W Mullan Ave, Waterloo, IA 50701

    Welcome to this affordable townhouse community, offering excellent investment potential. Each townhouse features a functional 2-bedroom, 1-bath layout and has a rental history ranging from $550–$650 per month per unit. A solid opportunity for investors seeking steady rental income in a practical, easy-to-maintain property or first time homebuyer.

    Mike Taylor Lockard Realty Company

    1227 W Mullan Ave, Waterloo, IA 50701
  • /7

    $480,116

    • Land
    • 2 Acres
    • $240,058 per Acre

    Lot 4 (Lot 11) Marnie Ave, Waterloo, IA 50701

    Centrally located in the Cedar Valley, backing up to Highway 63 with over 3,000 vehicles / day, this commercially zoned lot is perfect for your business or investment opportunity. Seller is willing to put together a build to suit package for an owner / operator or investor.

    Trev Adair Pinnacle Realty

    Lot 4 (Lot 11) Marnie Ave, Waterloo, IA 50701
  • /7

    $109,500

    • 3 Beds
    • 1.5 Baths
    • 1,330 Sq Ft

    725 Lincoln St, Waterloo, IA 50703

    This home offers 3bed 1.5 bath compleatly renovated.Great investment opportunity with major updates already completed. This property features a brand new roof, new water heater, new carpet and updated tile shower. Main floor Landry. This home also offers a specious double stall garage with additional parking space, making it ideal for tenants or homeowners needing extra space.

    Sifeta Junuzovic Berkshire Hathaway Home Services One Realty Centre

    725 Lincoln St, Waterloo, IA 50703
  • /7

    $59,900

    • 2 Beds
    • 1 Bath
    • 1,421 Sq Ft

    400 Elm St, Waterloo, IA 50703

    Welcome to this affordable and well-located 3-bedroom, 1-bathroom home, offering comfort, convenience, and excellent potential for both owner-occupants and investors alike. Situated in a central location close to schools, parks, shopping, and major routes, this property delivers everyday ease at a price that’s hard to find. Whether you’re looking for a budget-friendly home or a reliable

    Mike Taylor Lockard Realty Company

    400 Elm St, Waterloo, IA 50703
  • /28

    $107,000

    • 3 Beds
    • 1 Bath
    • 1,248 Sq Ft

    610 Baltimore St, Waterloo, IA 50702

    Affordable and Convenient Living in Waterloo! This 3 bedroom, 1 bath two-story home is ready for its next owner! This property offers great potential with just over 1200 finished square feet of living space. The large front porch is perfect to sit and enjoy the late summer breeze, while out back you’ll find a lovely smaller back deck and a semi fenced in back yard, perfect gathering. The location

    Valerie Kolpek Oakridge Real Estate

    610 Baltimore St, Waterloo, IA 50702
  • /4

    $89,500

    • 3 Beds
    • 1 Bath
    • 974 Sq Ft

    1002 Mobile St, Waterloo, IA 50703

    Welcome to this charming 3-bedroom, 1-bath home full of character and opportunity. Inside, you’ll find a comfortable layout with a formal dining room, spacious living areas, and plenty of storage to keep things organized. The home is equipped with a newer furnace and central AC, giving you comfort and peace of mind year-round. Step outside and you’ll love the generous yard, a great space for

    James Snider Premier Farm Realty Group

    1002 Mobile St, Waterloo, IA 50703
  • /29

    $279,900

    • 3 Beds
    • 2.5 Baths
    • 2,028 Sq Ft

    612 Grindstone Cir, Waterloo, IA 50702

    Welcome to 612 Grindstone Circle Waterloo,IA! Nestled in the desirable Prairie Meadow Estates Condo Development, this stunning 3-bedroom, 2.5-bath home offers over 2,000 sq. ft. of thoughtfully designed living space. Step inside to discover an inviting open main level, perfect for entertaining, featuring a spacious living area that seamlessly flows into the dining space. The large slider door

    Jason Strelow Berkshire Hathaway Home Services One Realty Centre

    612 Grindstone Cir, Waterloo, IA 50702
  • /8

    $49,500

    • 2 Beds
    • 1 Bath
    • 432 Sq Ft

    1223 W Mullan Ave, Waterloo, IA 50701

    Welcome to this affordable townhouse community, offering excellent investment potential. Each townhouse features a functional 2-bedroom, 1-bath layout and has a rental history ranging from $550–$700 per month per unit. A solid opportunity for investors seeking steady rental income in a practical, easy-to-maintain property.

    Mike Taylor Lockard Realty Company

    1223 W Mullan Ave, Waterloo, IA 50701
  • /2

    $69,000

    • 4 Beds
    • 2 Baths
    • 852 Sq Ft

    915 W 5th St, Waterloo, IA 50702

    Great investment property to add to your portfolio or a fun fix and flip. Motivated seller. Property being sold AS IS seller to make no repairs.

    Kelly Jo Fretto Pinnacle Realty

    915 W 5th St, Waterloo, IA 50702
  • /30

    $110,000

    • 3 Beds
    • 2 Baths
    • 1,392 Sq Ft

    605 Washington St, Waterloo, IA 50701

    Charming and move-in ready, this 2-story Victor home delivers serious value at $110,000. Inside you’ll find 3 bedrooms, 2 baths, and hardwood floors paired with thoughtful updates for everyday comfort. The main level flows easily for living and dining, and the level backyard is great for play, pets, or a garden. A 1-car garage adds handy storage and off-street parking. Enjoy quiet small-town

    Aaron Healey Ruhl & Ruhl Realtors

    605 Washington St, Waterloo, IA 50701
  • /7

    $49,500

    • 2 Beds
    • 1 Bath
    • 864 Sq Ft

    1229 W Mullan Ave, Waterloo, IA 50701

    Welcome to this affordable townhouse community, offering excellent investment potential. Each townhouse features a functional 2-bedroom, 1-bath layout and has a rental history ranging from $550–$650 per month per unit. A solid opportunity for investors seeking steady rental income in a practical, easy-to-maintain property or first time homebuyer.

    Mike Taylor Lockard Realty Company

    1229 W Mullan Ave, Waterloo, IA 50701
  • /4

    $108,900

    • 3 Beds
    • 1 Bath
    • 1,455 Sq Ft

    827 W 7th St, Waterloo, IA 50702

    This solid 3-bedroom / 1-bath single-family home, with ~1,455 square feet of living space, is already income-producing — and ready for the next investor to take over. Why It Works as a Rental / Investment: Turnkey income stream — tenant in place Roomy layout — three full bedrooms and a full bathroom Detached garage + yard — extra perks tenants love Investor Snapshot: With stable rental

    Justin Finn Four Seasons Realtors Inc

    827 W 7th St, Waterloo, IA 50702
  • /8

    $49,500

    • 2 Beds
    • 1 Bath
    • 864 Sq Ft

    1235 W Mullan Ave, Waterloo, IA 50701

    Welcome to this affordable townhouse community, offering excellent investment potential. Each townhouse features a functional 2-bedroom, 1-bath layout and has a rental history ranging from $550–$650 per month per unit. A solid opportunity for investors seeking steady rental income in a practical, easy-to-maintain property or first time homebuyer.

    Mike Taylor Lockard Realty Company

    1235 W Mullan Ave, Waterloo, IA 50701
  • /6

    $100,000

    • 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
  • /10

    $62,000

    • 4 Beds
    • 1 Bath
    • 1,428 Sq Ft

    307 Baltimore St, Waterloo, IA 50701

    Welcome to this two-story 4 bedroom, 1 bathroom investment opportunity with a brand new roof, which is being sold As-Is. Located close to downtown Waterloo, this fixer-upper is perfect for an investor or house flipper! Motivated seller!

    Monica Benz Oakridge Real Estate

    307 Baltimore St, Waterloo, IA 50701
  • /16

    $79,900

    • 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
  • /17

    $288,500

    • 3 Beds
    • 2 Baths
    • 1,392 Sq Ft

    131 Axlewood Dr, Waterloo, IA 50701

    Welcome to Waterloo’s newest neighborhood—where history meets modern living. Nestled on the former site of Edison Elementary School, this vibrant community offers the perfect blend of charm and contemporary design. This brand-new home showcases the thoughtfully designed Easton floor plan, featuring three spacious bedrooms, two bathrooms, and an unfinished lower level brimming with possibilities.

    Emsad Begic Vine Valley Real Estate

    131 Axlewood Dr, 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
  • /5

    $49,900

    • 4 Beds
    • 2 Baths
    • 1,568 Sq Ft

    928 W 2nd St, Waterloo, IA 50701

    4 bedroom, 2 bath, 1 stall detached garage. Great starter home or investment property. Selling AS IS. Square footages approximate. Priced to sell!

    Kara Bartels RE/MAX Alliance

    928 W 2nd St, Waterloo, IA 50701
  • /6

    $85,000

    • Land
    • 0.92 Acre
    • $92,391 per Acre

    Lots Lakeside St, Waterloo, IA 50703

    Great development opportunity! 0.92 acres available in Waterloo neighborhood. Site can be split to create up to 6 single family lots. Ideal investment opportunity! Listing agent is partial owner of subject property.

    Chris Fischels Fischels Commercial Group

    Lots Lakeside St, Waterloo, IA 50703
  • /29

    $209,900

    • 3 Beds
    • 2.5 Baths
    • 1,516 Sq Ft

    4320 Mourning Dove Dr, Waterloo, IA 50702

    Welcome to 4320 Mourning Dove Drive Waterloo, IA! Nestled in the desirable Prairie Meadow Estates Condo Development, this stunning 3-bedroom, 2.5-bath home offers over 1500 sq. ft. of thoughtfully designed living space. Step inside to discover an inviting open main level, perfect for entertaining, featuring a spacious living area that seamlessly flows into the dining space. The large slider door

    Jason Strelow Berkshire Hathaway Home Services One Realty Centre

    4320 Mourning Dove Dr, Waterloo, IA 50702
  • /10

    $179,000

    • 912 Sq Ft

    1129 South St, Waterloo, IA 50702

    Investor Alert! 1129 South St, Waterloo, IA 50702 Turnkey income opportunity with recent updates throughout! This duplex-style property offers two self-contained units ready to rent or occupy. The main-level unit features 1 bedroom, 1 bath, and a full kitchen, while the upper unit includes 2 bedrooms, 1 bath, a spacious living room, and a full kitchen — perfect for maximizing returns or house

    Justin Finn Four Seasons Realtors Inc

    1129 South St, Waterloo, IA 50702
  • /39

    $535,000

    • 4 Beds
    • 2.5 Baths
    • 2,460 Sq Ft

    1416 Partridge Ln, Waterloo, IA 50701

    Introducing this stunning new construction 2-story home in Audubon Heights, situated on a large corner lot that backs up to rolling fields. The second floor boasts four spacious bedrooms, including a large master bedroom with a luxurious ensuite and walk-in closet. A convenient second-floor laundry room and an extra loft bonus space provide added functionality. The main floor features a versatile

    Justin Reuter Oakridge Real Estate

    1416 Partridge Ln, Waterloo, IA 50701
  • /8

    $49,500

    • 2 Beds
    • 1 Bath
    • 864 Sq Ft

    1237 W Mullan Ave, Waterloo, IA 50701

    Welcome to this affordable townhouse community, offering excellent investment potential. Each townhouse features a functional 2-bedroom, 1-bath layout and has a rental history ranging from $550–$650 per month per unit. A solid opportunity for investors seeking steady rental income in a practical, easy-to-maintain property or first time homebuyer.

    Mike Taylor Lockard Realty Company

    1237 W Mullan Ave, Waterloo, IA 50701
  • /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
  • /4

    $60,000

    • 2 Beds
    • 1 Bath
    • 520 Sq Ft

    1820 Falls Ave, Waterloo, IA 50701

    Welcome to this affordable and well-located 2-bedroom, 1-bathroom home, offering comfort, convenience, and excellent potential for both owner-occupants and investors alike. Situated in a central location close to schools, parks, shopping, and major routes, this property delivers everyday ease at a price that’s hard to find. Whether you’re looking for a budget-friendly home or a reliable

    Mike Taylor Lockard Realty Company

    1820 Falls Ave, Waterloo, IA 50701
  • /2

    $88,000

    • 2 Beds
    • 1 Bath
    • 936 Sq Ft

    523 Cutler St, 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

    523 Cutler St, Waterloo, IA 50703
  • /12

    $189,999

    • 2 Beds
    • 1 Bath
    • 1,542 Sq Ft

    918 W 4th St, Waterloo, IA 50702

    Don't miss out on this excellent investment opportunity in Waterloo! This unique property includes three parcels totaling 0.47 acres, offering both immediate income and long-term potential. Two fully occupied rental units with separate entrances generating steady income: Unit 1: $700/month and Unit 2: $825/month. Recently built a 2-stall garage with garage door openers. Includes an additional

    Brandie White Berkshire Hathaway Home Services One Realty Centre

    918 W 4th St, Waterloo, IA 50702
  • /11

    $64,900

    • 2 Beds
    • 1 Bath
    • 651 Sq Ft

    627 Downing Ave, Waterloo, IA 50701

    Welcome to this affordable and well-located 2-bedroom, 1-bathroom home, offering comfort, convenience, and excellent potential for both owner-occupants and investors alike. Situated in a central location close to schools, parks, shopping, and major routes, this property delivers everyday ease at a price that’s hard to find. Whether you’re looking for a budget-friendly home or a reliable

    Mike Taylor Lockard Realty Company

    627 Downing Ave, Waterloo, IA 50701
  • /32

    $245,000

    • 4 Beds
    • 2 Baths
    • 3,532 Sq Ft

    707 Lorraine Ave, Waterloo, IA 50702

    Welcome to this beautifully updated 1954 built one-level ranch nestled in the heart of the sought-after Waterloo neighborhood With approximately 2,566 sq ft of finished living space, this home boasts 4 bedrooms, 2 bathrooms, and sits on a stunning mature lot. Step inside to a spacious main-level which features a large fliving room, separate dining space, and 3 spacious bedrooms. The updated

    Justin Reuter Oakridge Real Estate

    707 Lorraine Ave, Waterloo, IA 50702
  • /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
  • /8

    $49,500

    • 2 Beds
    • 1 Bath
    • 864 Sq Ft

    1231 W Mullan Ave, Waterloo, IA 50701

    Welcome to this affordable townhouse community, offering excellent investment potential. Each townhouse features a functional 2-bedroom, 1-bath layout and has a rental history ranging from $550–$650 per month per unit. A solid opportunity for investors seeking steady rental income in a practical, easy-to-maintain property or first time homebuyer.

    Mike Taylor Lockard Realty Company

    1231 W Mullan Ave, Waterloo, IA 50701
  • /12

    $148,500

    • 1,728 Sq Ft

    1103-1107 Logan Ave, Waterloo, IA 50703

    Great investment opportunity in a ranch style duplex! Two bedroom, one bathroom, living room, kitchen, 12x14 concrete patio each unit. Nice corner lot location in a quiet neighborhood. 1103 rent is $660/month 1107 rent is $675/month, both section 8 tenants. Would make for a great investment! Schedule your showing today!

    Ron Garris, CRB,CRS AWRE - Commercial & Development

    1103-1107 Logan Ave, Waterloo, IA 50703
  • /13

    $107,900

    • 2 Beds
    • 2 Baths
    • 946 Sq Ft

    1727 Forest Ave, Waterloo, IA 50702

    Welcome to this charming three-bedroom, one-bath home, where potential meets opportunity! This cozy abode boasts a spacious layout, perfect for creating your own personal oasis. Basement has egress window. The two-car garage provides ample storage space or room for your hobbies. Inside, you'll find a warm living area filled with natural light, ready for your creative touch. The bedrooms each with

    Brian Wingert Structure Real Estate

    1727 Forest Ave, Waterloo, IA 50702

Showing Results 1 - 40, Page 1 of 2

Home Trends in Waterloo, IA

Housing Trends

Median Sale Price
$138,000
Median Single Family Sale Price
$136,500
Median Townhouse Sale Price
$49,500
Median 2 Bedroom Sale Price
$155,500
Median 1 Bedroom Sale Price
$77,500
Average Price Per Sq Ft
$144
Number of Homes for Sale
133
Last 12 months Home Sales
429
Months of Supply
3.70
Median List Price
$142,500
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
7%
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