Waterloo, IA Multifamily Homes & Duplexes for Sale

Located just one block from Sunnyside Country Club in a quiet, desirable neighborhood, this well-maintained duplex is a rare find. Each unit offers 2 spacious bedrooms, 1 full bathroom, a private patio, and a convenient 1-stall attached garage. Recent updates include a new driveway in 2024, along with newer windows, roof, and siding—ensuring low maintenance for years to come. Perfect for

Matthew Miehe Miehe Commercial Real Estate

Great cash flow on this duplex! Fully occupied and ready to go! Downstairs unit is a 1 bedroom, and the back/upstairs is a 2 bedroom

Lindsey Bierman Epique Realty

Great cash flow on this duplex! Fully occupied and ready to go! Downstair is a 2 bedroom, and the upstairs is a 1 bedroom

Lindsey Bierman Epique Realty

Well cared-for West Waterloo side-by-side duplex (2bd/1ba -2bd/1ba) with Gross Rent of $1,425/mo. Tenants pay own utilities (Owner pays water). This is a great opportunity to own a profitable investment. Call today for more info and easy showing.

Martin Stokes Martin Inc., Realtors

ATTENTION INVESTORS!! Come look at this traditional 8 plex. Tired of only seeing cobbled up conversions! This one is for you. Plenty of opportunity here to grow your business. Rents are consistently over $4600.00 per month. Currently $4750.00 plus any pet rents. 8 one bed one bath units. Most of them have been freshly painted in the last 12 months and some have new flooring and minor

James Snider Premier Farm Realty Group

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

Turnkey triplex in Waterloo, Iowa – vacant and ready for tenants! Live in one unit and rent out the others. Separate electric and gas meters. Previously rented for $2,000/month when fully occupied. Opportunity for extra income with laundry

Jared Hottle 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

Investor and home renovator opportunity here! This home is ready to reno! This home was previously a duplex and could still be, but is also in the process of being converted into a single family home. Newer Windows and doors, new siding, two new fuse boxes, and new electrical ran through half the house. Come take a look at a great project home! Sold AS-IS

Justin Finn Four Seasons Realtors Inc

Great cash flow rental property located in quiet neighborhood in west Waterloo. TWO separate duplexes on the property create a combined gross rent of $2825 per month. The house is split into two units, a two bedroom on the first floor and a one bedroom on the upper floor. The newer duplex building situated in the back part of the property was constructed as a duplex and both units are one bed one

Bond Shymansky Skogman Realty

Duplex for sale. 2 bedroom, 1 bath units, very spacious and kept in great condition. Great investor property. Come check it out and you will be very satisfied.

Abigail Matamoros Berkshire Hathaway Home Services One Realty Centre

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

Located in the heart of downtown Waterloo, this triplex offers a solid investment opportunity at an unbeatable price per unit. The property features two main floor units and one upper-level unit, with two of the three currently rented. When fully occupied, it brings in over $1,600 per month in gross rent. Owner currently pays all utilities. While the property could use some TLC, there’s plenty

Jared Hottle Berkshire Hathaway Home Services One Realty Centre

This large, income-producing property generates nearly $2,400 in monthly rent. All units are currently occupied, offering immediate cash flow. Potential to increase income by separately metering utilities and adding coin-operated laundry. While the property could use some updates, opportunities like this at this price point are hard to find—don’t miss out!

Jared Hottle Berkshire Hathaway Home Services One Realty Centre