Waterloo, IA Multifamily Homes & Duplexes for Sale

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

Smart Investment Opportunity This duplex is move-in ready and full of potential! Each side offers 2 bedrooms and 1 bath, making it an ideal income-producing property or house-hack opportunity for an owner-occupant. Both units have seen some cosmetic updates. One unit is currently vacant, the other rented. Could be sold as a package along with 1129 South St (duplex), 827 W 7th St, and 1310 South

Justin Finn Four Seasons Realtors Inc

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

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

Each unit in this well-maintained property features 1 bedroom and 1 bathroom, perfect for investors or first-time buyers. Located in a convenient neighborhood, the property offers easy access to schools, shopping, and public transportation. Great rental potential with steady occupancy history. Don’t miss this chance to add a reliable income-producing property to your portfolio!

Kurt Clements ListWithFreedom.com

This charming 6-unit apartment building is located in the heart of Waterloo, IA, just minutes from downtown amenities. Built in 1904, the property spans 2 floors and offers a solid investment opportunity for rental income. Each unit features functional layouts suitable for tenants, and the building sits on a 0.15-acre lot. Perfect for investors looking to expand their multi-family portfolio in a

Kurt Clements ListWithFreedom.com

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

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

Leeann Sires EPM, Iowa

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

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

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

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