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Investment - Homes for Sale in Waterloo, IA

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  • /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
  • /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
  • /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
  • /4

    $13,000

    $7K PRICE DROP
    • Land
    • 6,860 Sq Ft
    • $82,548 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
  • /8

    $50,000

    • 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

    $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
  • /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
  • /20

    $142,900

    $10K PRICE DROP
    • 4 Beds
    • 2 Baths
    • 1,464 Sq Ft

    2215 Falls Ave, Waterloo, IA 50701

    Welcome to this 4-bedroom, 1-bathroom single-family home offering comfortable living space and a convenient central location. The home features a spacious kitchen layout and plenty of potential to create a functional and inviting living space. Four bedrooms provide flexibility for family living, guests, a home office, or additional storage. Conveniently located near shopping, dining, schools,

    Samantha Mears Structure Real Estate

    2215 Falls Ave, Waterloo, IA 50701
  • /12

    $1,650,000

    $150K 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.

    Kenyatta Draine Skogman Realty

    425 & 425 1/2 Webster St, Waterloo, IA 50703
  • /30

    $149,900

    • 2 Beds
    • 1 Bath
    • 1,122 Sq Ft

    1301 W 11th St, Waterloo, IA 50702

    Welcome home! Updates you will appreciate include a brand new roof and siding as of 2026 as well as a new furnace and Air Conditioner installed in 2024. This charming two bedroom, one bathroom home is situated on a desirable corner lot in a convenient location. Enjoy easy access to nearby schools, shopping, dining, and everyday amenities. The corner lot provides added outdoor space and great curb

    Amy Wienands AWRE, EXP Realty, LLC

    1301 W 11th St, Waterloo, IA 50702
  • /16

    $179,900

    $5K PRICE DROP
    • 3 Beds
    • 1 Bath
    • 1,032 Sq Ft

    1103 Wisner Dr, Waterloo, IA 50702

    Welcome home to 1103 Wisner, Waterloo! This inviting 3-bedroom, 1-bath ranch offers a great combination of comfortable living spaces & plenty of opportunity to make it your own. The spacious kitchen provides room to gather and entertain, while the bonus sunroom is the perfect spot to place your kitchen table. Outside, you'll appreciate the fenced yard, offering space for pets, play, or outdoor

    Sara Wegmann Oakridge Real Estate

    1103 Wisner Dr, Waterloo, IA 50702
  • /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 Serv

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

    911 Lafayette St Unit 913, Waterloo, IA 50703
  • /6

    $95,000

    $5K PRICE DROP
    • 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
  • /17

    $69,900

    • 2 Beds
    • 1 Bath
    • 896 Sq Ft

    140 Argyle St, Waterloo, IA 50703

    Just listed 2 bedroom, 1 bathroom home. Home features a front covered porch, livingroom with formal diningroom. Basement is unfinished. Property has been used as an investment property for several years with long term tenant.

    Amy Schaefer Re/Max Concepts

    140 Argyle St, Waterloo, IA 50703
  • /13

    $125,000

    • 4 Beds
    • 0.5 Baths
    • 2,918 Sq Ft

    253 Prospect Ave, Waterloo, IA 50703

    Welcome to this spacious 4 bedroom, 1.5 bath home located in Waterloo’s desirable Highland District. With 2,918 square feet of living space, this home offers plenty of room to spread out, entertain, and make it your own. If you are looking for a great investment to build equity in you will want to take a look! The generous floor plan provides multiple living areas and ample space for bedrooms, a

    Chase Lyons Oakridge Real Estate

    253 Prospect Ave, Waterloo, IA 50703
  • /25

    $109,900

    $9K PRICE DROP
    • 3 Beds
    • 1 Bath
    • 1,053 Sq Ft

    516 Cutler St, Waterloo, IA 50703

    Simple, charming, and completely move-in ready! This well-maintained home offers the perfect blend of comfort, functionality, and major updates that give peace of mind. The main floor features two bedrooms, a cozy living room filled with natural light, a dining room, and your kitchen. Upstairs, you’ll find a spacious third bedroom ideal for a private primary bedroom, play room or home office. The

    Laurie Lynch Oakridge Real Estate

    516 Cutler St, Waterloo, IA 50703

Home Price Trends

Median Sale Price
$138,000
Median Single Family Sale Price
$144,950
Median Townhouse Sale Price
$49,750
Median 2 Bedroom Sale Price
$103,750
Median 1 Bedroom Sale Price
$40,750
Average Price Per Sq Ft
$145
Number of Homes for Sale
20
Last 12 months Home Sales
445
Months of Supply
2.60
Median List Price
$149,900
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
1%
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