24

Investment - Homes for Sale in Waterloo, IA

Section Image
  • /4

    $139,900

    • 2 Beds
    • 1.5 Baths
    • 1,488 Sq Ft

    912 Prairie Meadow Ct, Waterloo, IA 50701

    Welcome to low-maintenance living in this two-story condo located in one of Waterloo's established HOA communities. This foreclosure offers a fantastic opportunity for homeowners, investors, or buyers looking to build equity. The home is in decent condition and provides a functional layout with plenty of potential to make it your own. Enjoy the convenience of HOA living with access to community

    Edita Begic Vine Valley Real Estate

    912 Prairie Meadow Ct, Waterloo, IA 50701
  • /20

    $1,650,000

    $180K PRICE DROP
    • 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
  • /18

    $94,900

    $5K PRICE DROP
    • 2 Beds
    • 1 Bath
    • 1,104 Sq Ft

    499 Columbia St, Waterloo, IA 50703

    Whether you're searching for your first home or looking to add another property to your investment portfolio, this one is worth a look. Inside, you'll find a spacious kitchen with plenty of cabinet and counter space, making meal prep or tackling your weekly grocery haul a whole lot easier. The eat in kitchen flows into the large living room, creating an open and comfortable space for everyday

    Paige Peyton Oakridge Real Estate

    499 Columbia St, Waterloo, IA 50703
  • /24

    $134,900

    $5K PRICE DROP
    • 2 Beds
    • 1 Bath
    • 972 Sq Ft

    1005 Forest Ave, Waterloo, IA 50702

    Discover comfort and convenience with this charming home that blends classic character with everyday functionality. Nestled on a quiet, tree-lined street, this property offers a welcoming atmosphere from the moment you arrive. Inside, you’ll find a bright and inviting layout with spacious living areas, ideal for both relaxing and entertaining. Large windows fill the home with natural light, while

    Andrew Wilson Oakridge Real Estate

    1005 Forest Ave, Waterloo, IA 50702
  • /22

    $79,000

    • 4 Beds
    • 2 Baths
    • 1,288 Sq Ft

    2227 E 4th St, Waterloo, IA 50703

    Affordable space, flexible living, and a convenient location combine in this 4-bedroom, 2-bath Waterloo, IA home. With over 1,288 square feet of finished living space plus a fully enclosed front porch, there's plenty of room to spread out both inside and out. The main floor features a spacious living room, dining area, and kitchen, along with a desirable main-floor bedroom suite addition complete

    Rachel Cheeney, Owner / Broker Pro Resource Realty

    2227 E 4th St, Waterloo, IA 50703
  • /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
  • /26

    $85,000

    • 852 Sq Ft

    314 Lester St, Waterloo, IA 50703

    Great cash flow investment opportunity directly across from Gates Park! Fully rented triplex provides immediate cashflow. Unit 1-1 bed 1 bath with stove and refrigerator $475/mo. Unit 2-1 bed 1 bath with stove and refrigerator $525/mo. Unit 3-1 bed 1 bath with stove and refrigerator $375/mo. Each unit has its own electric meter. Owner currently pays water, snow removal & lawn care. Seller has

    Dave Woods Oakridge Real Estate

    314 Lester St, Waterloo, IA 50703
  • /4

    $15,000

    $5K PRICE DROP
    • Land
    • 6,860 Sq Ft
    • $95,248 per Acre

    Lot 13, 14, 15 Gable St, Waterloo, IA 50703

    Three identical well-sized residential lots provide a great setting for building a beautiful home. With plenty of room for a house, garage, and outdoor space, these lots offer flexibility for a variety of home designs. Whether you're planning to build immediately or hold as an investment, this property presents potential. Three separate parcels.

    Brianna Weekley Realty ONE Group Movement

    Lot 13, 14, 15 Gable St, Waterloo, IA 50703
  • /2

    $65,000

    $10K PRICE DROP
    • 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
  • /8

    $50,000

    $20K PRICE DROP
    • 2 Beds
    • 1 Bath
    • 1,020 Sq Ft

    418 Oaklawn Ave, Waterloo, IA 50701

    Welcome home to this inviting 2-bedroom, 1-bath townhouse in Waterloo — offering comfort, convenience, and low-maintenance living in a great location. Step inside to a bright and functional main level featuring a spacious living area perfect for relaxing or entertaining. The adjoining kitchen offers ample cabinet space and a practical layout that makes everyday living easy. Upstairs, you’ll find

    Chase Lyons Oakridge Real Estate

    418 Oaklawn Ave, Waterloo, IA 50701
  • /2

    $99,900

    • Land
    • 14,373 Sq Ft
    • $302,744 per Acre

    Dixon Drive Unit Residential Lot, Waterloo, IA 50701

    This 0.33-acre R-4 zoned lot presents a solid opportunity for higher-density residential development, including multi-family or townhome use (subject to city approval). The property offers convenient access to major roadways, nearby amenities, and employment centers, supporting strong long-term investment potential.

    Phillip Shirk AWRE - Commercial & Development

    Dixon Drive Unit Residential Lot, Waterloo, IA 50701
  • /12

    $1,750,000

    $50K PRICE DROP
    • 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 tenants

    Tyler Rasmussen EPM, Iowa

    611 Johnson St, Waterloo, IA 50702
  • /6

    $85,000

    • Land
    • 40,075 Sq Ft
    • $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
  • /18

    $159,999

    • 721 Sq Ft

    425 & 425 1/2 Webster St, Waterloo, IA 50703

    Investors Alert!! Looking for a investment property this could be the 1. Located in a quiet neighborhood with nice neighbors this property has huge potential. 2 bedroom 1 bath in each unit. Located perfectly for access to multiple jobs in the area.

    Ken Draine Skogman Realty

    425 & 425 1/2 Webster St, Waterloo, IA 50703
  • /2

    $55,000

    • 4 Beds
    • 1 Bath
    • 1,182 Sq Ft

    436 Bratnober St, Waterloo, IA 50703

    Great opportunity to own a nice investment or inexpensive place to call home. New furnace in 2025.

    Martin Stokes Martin Inc., Realtors

    436 Bratnober St, Waterloo, IA 50703
  • /12

    $184,999

    $5K PRICE DROP
    • 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
  • /21

    $189,900

    $5K PRICE DROP
    • 4 Beds
    • 2 Baths
    • 896 Sq Ft

    1721 & 1723 Falls Ave, Waterloo, IA 50701

    Don’t miss this well-maintained side-by-side duplex located in a convenient west Waterloo neighborhood near University Avenue. Each unit offers approximately 900 square feet of comfortable living space, featuring 2 bedrooms and 1 bathroom—ideal for tenants or owner occupancy. Both units include spacious layouts with large bedrooms, great kitchens, and full basements—perfect for storage or

    Jordan Porter Berkshire Hathaway Home Services One Realty Centre

    1721 & 1723 Falls 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
  • /2

    $59,900

    $10K PRICE DROP
    • 1 Bed
    • 1 Bath
    • 956 Sq Ft

    400 Poplar Ave, Waterloo, IA 50703

    Whether you’re looking for your first home or a smart investment property, this well-maintained 1 bedroom, 1 bathroom home is full of potential.This charming home offers the perfect blend of comfort, simplicity, and value. Don’t miss your chance to own an affordable property with plenty of possibilities!

    Mike Taylor Lockard Realty Company

    400 Poplar Ave, Waterloo, IA 50703
  • /6

    $100,000

    • 4 Beds
    • 1,000 Sq Ft

    723 Randolph St, Waterloo, IA 50702

    Add to your investment portfolio with this Waterloo duplex featuring a 3 bedroom main level unit and a 1 bedroom upper unit. Long term tenants and 100% occupied. The versatile layout appeals to a variety of tenants and provides excellent income producing potential.

    Bethany Benner Oakridge Real Estate

    723 Randolph St, Waterloo, IA 50702
  • /10

    $160,000

    • Land
    • 26,254 Sq Ft
    • $265,458 per Acre

    406 Litchfield Ave, Waterloo, IA 50703

    Excellent opportunity to own a commercially zoned property in a convenient Waterloo location. Situated at 406 Litchfield Ave, this property offers great potential for a variety of business or investment uses. With easy access to main roads and surrounding neighborhoods, it provides both visibility and functionality. Ideal for entrepreneurs or investors looking to establish or expand.

    Steven Jordan Oakridge Real Estate

    406 Litchfield Ave, Waterloo, IA 50703
  • /6

    $100,000

    $5K PRICE DROP
    • 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
  • /26

    $154,900

    • 3 Beds
    • 1 Bath
    • 1,484 Sq Ft

    1149 Virginia St, Waterloo, IA 50703

    Fresh updates, a flexible layout, and a spacious backyard to enjoy! Welcome to 1149 Virginia Street, where the work has already been done so you can move right in. Filled with natural light, the main level offers a comfortable living space; the bright, functional kitchen with newer stainless steel appliances, including the refrigerator, range, microwave, and dishwasher; and offers two refreshed

    Kelsey Jorgensen Vine Valley Real Estate

    1149 Virginia St, Waterloo, IA 50703
  • /17

    $75,000

    • 2 Beds
    • 1 Bath
    • 660 Sq Ft

    846 Dawson St, Waterloo, IA 50703

    Great investment opportunity! Welcoming you in is the covered porch that leads you into the living room. The living room boasts great character that you are sure to love! The kitchen offers nice white appliances and great prep space. Completing the main floor are two bedrooms and a full bathroom to share. The lower level is great for storage. Outside you will find a BRAND NEW ROOF, rear deck, and

    Amy Wienands AWRE, EXP Realty, LLC

    846 Dawson St, Waterloo, IA 50703

Home Price Trends

Median Sale Price
$139,000
Median Single Family Sale Price
$144,900
Median Townhouse Sale Price
$55,000
Median 2 Bedroom Sale Price
$98,875
Median 1 Bedroom Sale Price
$68,500
Average Price Per Sq Ft
$146
Number of Homes for Sale
88
Last 12 months Home Sales
449
Months of Supply
2.40
Median List Price
$149,900
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
2%
How to Buy a Home How to Finance a Home How to Sell a Home