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

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

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

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

This exceptionally well-maintained property offers a rare opportunity for comfortable multi-generational living, extended family or guests or an investment opportunity. From the moment you step inside, the pride of ownership is apparent in every space. The main floor unit welcomes you with a spacious living room filled with natural light and new flooring, creating a warm and inviting atmosphere

Amy Wienands AWRE, EXP Realty, LLC

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

Calling all investors and visionaries! This prime multi-unit property located at 60, 62, 64 Franklin St in Waterloo is now available for sale at $40,000. Situated in a convenient and established area, this triplex offers a unique opportunity for redevelopment or future improvement. With strong potential for those looking to add value, reimagine the space, or pursue a long-term investment

Selvedina Nuhanovic Vine Valley Real Estate

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

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 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

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

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

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 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

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

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

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

Charming Waterloo Bungalow: Investor and Renovation Opportunity. First Time on the Market Since 1983. This is a rare opportunity to own a home in a quiet, non-HOA Waterloo community. On the market for the first time since 1983, this property is perfect for investors or renovation enthusiasts looking for their next project. Home Features: · Three bedrooms with original wood floors · 1.25 bathrooms

Jeffrey Hagel Jeff Hagel Real Estate

Well maintained 12-unit apartment complex located on a quiet cul-de-sac in Waterloo, offering a stable investment opportunity in a desirable setting. The property is in good condition, with a strong occupancy-10 of the 12 units are currently leased, providing immediate income with upside potential. Financial available upon request to qualified buyers.

Richard Lockard 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

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

Turnkey investment property in West Waterloo offering strong rental potential. This 2-bedroom, 1-bath home was extensively remodeled approximately 9 years ago, featuring updated drywall, interior doors, kitchen, windows, furnace, and appliances—providing a modernized interior with major improvements already completed. Exterior highlights include a durable metal roof, a fenced yard, and an

Shane Frost Structure Real Estate