Courtesy: Pinnacle Realty
319-393-0900
Don’t miss this incredible opportunity to own a versatile duplex—perfect for owner-occupants or investors! Live in one unit and rent out the other to help offset your mortgage. This well-maintained property has seen numerous updates in recent years, including the furnace, water heater, roof, fresh paint, appliances, and more—providing peace of mind for years to come. Offering an estimated 2,500 finished square feet between both units, this duplex delivers generous space and flexibility. Unit 222 features 2 bedrooms, 1 bathroom, and two separate living areas, while Unit 224 offers 4 bedrooms, 1 bathroom, and an additional living space. Buyers will have full access to Unit 222 and the entire basement during showings. Unit 224 is currently tenant-occupied, with showings available after an accepted offer, respecting tenant privacy. This is a rare chance to secure a spacious, updated duplex with strong income potential—schedule your showing today! All information per the assessor site and to be verified by buyer.
Courtesy: EXP Realty, LLC
833-835-5566
Well-maintained Waterloo duplex ideal for owner-occupants or investors. Two 2-bed, 1-bath units with approx. 960 sq ft each, in-unit laundry, dishwashers, and oversized single-stall garages. Upper unit rented for $850/month; lower unit vacant and move-in ready with recent updates including new refrigerator, stove, carpet, and shower/tub. Live in one unit and offset your mortgage or add a solid income-producing property.
Courtesy: Pinnacle Realty
319-393-0900
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.
Courtesy: Four Seasons Realtors Inc
319-274-8080
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 hacking. Enjoy peace of mind with a new roof installed in 2020, plus a new deck and patio area ideal for tenants or outdoor entertaining. With modern updates, separate living spaces, and a prime location near schools, parks, and downtown Waterloo, this property stands out as a strong, low-maintenance investment. Solid rental demand, great curb appeal, and reliable cash flow potential — don’t miss this updated Waterloo duplex! Property can be sold together in a package along with 408/410 E 8th St, 827 W 7th St, and 1310 South St. in a package deal
Courtesy: Berkshire Hathaway Home Services One Realty Centre
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: ListWithFreedom.com
855-456-4945
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!
Courtesy: ListWithFreedom.com
855-456-4945
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 growing market. Unit 6 Details: 1 Bedroom & 1 Full Bath Monthly Income: N/A Rented: No Lease End Date: N/A No parking W/D Hookup
Courtesy: AWRE - Commercial & Development
319-269-2477
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!
Courtesy: Epique Realty
319-540-1002
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
Courtesy: Premier Farm Realty Group
636-387-8317
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 improvements.
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: Berkshire Hathaway Home Services One Realty Centre
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: Four Seasons Realtors Inc
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: Berkshire Hathaway Home Services One Realty Centre
319-233-7000
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.
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.
