Investment - Homes for Sale in Waterloo, IA

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

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

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

Up-and-down duplex with charming wood Craftsman features throughout. Each unit includes 1 bedroom, 1 bathroom, and a spacious living room. Total monthly rent is $1,345, with the lower unit renting for $595 and the upper unit renting for $750. Tenants pay utilities, while the landlord covers water, averaging $278 per quarter. Both units feature newer appliances. With rents well above the 1% rule,

Derick Rogers Realty ONE Group Movement

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

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

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

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

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

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

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

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

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

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

Excellent investment opportunity in Waterloo! This triplex features a 3 bedroom, 1 bath main floor unit along with two additional 1 bedroom, 1 bath units. The property offers flexibility for investors, with two units currently vacant and ready for occupancy. One of the unit features great hardwood flooring and there are some nice updates in the main floor unit making them move in ready. A

Bethany Benner Oakridge Real Estate

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

Step into this charming, character-filled home where timeless details and everyday comfort come together beautifully! The inviting enclosed front porch creates the perfect spot to relax. Inside, you’ll be greeted by stunning original wood floors, rich natural trim, and a cozy brick fireplace that fills the spacious living room with warmth and charm. The living area flows seamlessly into the

Mersiha Mustedanagic Oakridge Real Estate

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

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

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

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

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

Great investment opportunity! Lower unit features two bedrooms and one bathroom. Upstairs unit offers one bedroom and one bathroom.

Leeann Sires EPM, Iowa

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

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

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

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

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