Courtesy: Martin Inc. Realtors
319-235-6553
Well managed 17-plex! Occupancy is currently 100%, gross rent/Mo is a healthy $7,700. New roof, new siding.
Courtesy: AWRE, EXP Realty, LLC
319-269-2477
Opportunities like this don't come along often: a spacious duplex property with income potential, a massive tree-filled lot, and the flexibility to make it work for the way you live. Tucked away on a massive corner lot with a Waterloo address in the Cedar Falls School District, this unique property is surrounded by mature trees and beautiful landscaping. The expansive yard creates a tucked-away, secluded feel while still being close to everything you need. The property features two living spaces, one larger side and a separate smaller unit, making it ideal for multigenerational living, housing a parent or college-age child, accommodating guests, or generating additional rental income. The outdoor spaces are just as inviting, with a front patio for each living area and a large, private concrete patio surrounded by mature landscaping and featuring a covered area—perfect for entertaining, relaxing, or enjoying your own peaceful retreat. Inside, multiple living areas provide plenty of room to spread out, the main level also consists of an updated kitchen, two generously sized bedrooms, a full bathroom, and main floor laundry. The unfinished basement offers additional potential for living space, bedrooms, storage, or hobbies. An open office space could easily be converted to another bedroom if desired. The smaller unit includes an open concept kitchen and living room, as well as a main floor bedroom and full bathroom. Recent updates including windows, siding, roof, and gutters provide added peace of mind, while the detached triple garage offers incredible space for vehicles, storage, hobbies, or a workshop. Unique, versatile, and full of character, this is a property that can adapt to the way you live—whether that means bringing multiple generations together, creating a private space for family, or enjoying the opportunity for additional income.
Courtesy: Berkshire Hathaway Home Serv
319-233-7000
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 vacant lot — perfect for future development or added yard space. With consistent rental income already in place and room to expand or enhance, this is an ideal opportunity for investors looking to grow their portfolio in a high-demand area. Schedule your showing today and discover the possibilities this multi-parcel property has to offer! Property is being sold "as is"
Courtesy: Skogman Realty
563-920-9194
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.
Courtesy: Berkshire Hathaway Home Serv
319-233-7000
Both units feature modern, refreshed kitchens with newer cabinets, updated countertops, flooring, and appliances. The main floors offer new dining room flooring and fresh carpet in the living rooms, creating warm and inviting spaces. Upstairs, each unit includes two spacious bedrooms with oversized closets and a newly updated full bath featuring a new tub/shower, toilet, vanity, and flooring. Basements are clean, dry, and equipped with washers and dryers. Enjoy ample off-street parking and peace of mind with major updates already completed: new wiring, all new windows, furnace and A/C (approx. 6 years old), and newer water heaters. Roof and siding were replaced in 2018. This duplex is truly turnkey—ideal for an owner-occupant or investor looking for a well-maintained, updated property.
Courtesy: Oakridge Real Estate
319-277-5005
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.
Courtesy: Four Seasons Realtors
319-274-8080
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
Courtesy: Realty ONE Group Movement
319-243-3425
93 unit Senior Housing Community - Downtown Waterloo IA Located in the heart of downtown Waterloo, this well maintained apartment community offer investors a stabilized asset with a strong historical occupancy and consistent cash flow. Walnut Court Senior Housing Pro-forma available.
Courtesy: Berkshire Hathaway Home Serv
319-233-7000
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 units New high-efficiency furnace in one unit Updated bathroom fixtures, including a new toilet and shower City-approved, newly built deck servicing the two upper units This property is being sold “As Is”, presenting a turnkey investment with immediate rental income in place. Whether you're a seasoned investor or just entering the market, this is a rare opportunity to secure a well-maintained asset in a desirable, high-demand location. Schedule your private showing today—opportunities like this don’t last long!
Courtesy: EPM, Iowa
319-560-3543
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 paying electric, gas, water, and sewer. Landlord responsibility is limited to trash, lawn care, and snow removal, making this an exceptionally easy property to manage. The property also includes on-site garages, providing additional value and rental upside. These buildings are clean, simple, and operate efficiently. With strong rental history, desirable unit layouts, and minimal owner involvement, this is a high-yield, low-effort investment opportunity that would be a solid addition to any portfolio.
Courtesy: EPM, Iowa
319-560-3543
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 tenants. Tenant Responsibilities: Electric, water, gas, and sewer bills, ensuring efficient cost management. Landlord Responsibilities: Trash, lawn care, and snow removal, providing added convenience for tenants. This prime location offers easy access to local amenities, schools, hospitals, and transportation. Don't miss out on this exceptional investment opportunity. Contact us today to schedule a viewing!
Waterloo is located in Iowa. Waterloo, Iowa has a population of 67,695. Waterloo is less family-centric than the surrounding county with 26.4% of the households containing married families with children. The county average for households married with children is 28.79%.
The median household income in Waterloo, Iowa is $49,430. The median household income for the surrounding county is $57,191 compared to the national median of $69,021. The median age of people living in Waterloo is 36.8 years.
The average high temperature in July is 83.4 degrees, with an average low temperature in January of 8.4 degrees. The average rainfall is approximately 35.7 inches per year, with 33.9 inches of snow per year.
