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    Waterloo, IA
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    Waterloo, IA Apartment Buildings for Sale

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    Cedar Falls, IA Evansdale, IA Elk Run Heights, IA Washburn, IA Dewar, IA Raymond, IA Gilbertville, IA Hudson, IA
    17-Unit Apartment Building
    Updated: Sep 30
    17-Unit Apartment Building

    1009 Thorndale, Waterloo, IA 50701

    $675,000
    8,064 sqft
    17 apartment units
    100% occupancy
    New roof and siding
    Built in 1976
    1009 Thorndale, Waterloo, IA 50701
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    48-Unit Apartment Community
    Updated: Aug 10
    48-Unit Apartment Community

    765-791 Russell Road, Waterloo, IA 50701

    $2,725,000
    35,660 sqft
    48 units in two apartment buildings
    35,660 SF across two two‑story buildings
    Unit mix includes 23 one‑bedroom, 20 two‑bedroom, and 5 three‑bedroom units
    Three boilers replaced in 2023
    Water heaters replaced in 2025/2026
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    Mixed-Use Investment Building
    Mixed-Use Investment Building

    501-505 W 4th Street, Waterloo, IA 50701

    $249,900
    7,552 sqft

    Mixed-use property with three main-level office or retail suites and five residential apartments above, plus private off-street parking.

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    See hot listings in Waterloo

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

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    48-Unit Apartment Building
    48-Unit Apartment Building

    765 Russell Road, Waterloo, IA 50701

    Contact for pricing

    Apartment property offered for sale in Waterloo, Iowa.

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    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 4 Active listings in Waterloo, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Mixed-Use Downtown Storefront and Apartments
    Mixed-Use Downtown Storefront and Apartments

    122 & 120 E Bremer Avenue, Waverly, IA 50677

    $440,000
    14,900 sqft

    Two side-by-side historic buildings offer storefront commercial units with six apartment units above and additional vacant space on the third floor.

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    Apartment Building with Central Air
    Apartment Building with Central Air

    2222 Walnut Street, Cedar Falls, IA 50613

    $480,000
    0.20 AC lot

    R-3-zoned apartment property near UNI campus with public utilities and separately metered tenant services.

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    Historic Mixed-Use Downtown Buildings
    Historic Mixed-Use Downtown Buildings

    122 & 120 E Bremer Avenue, Waverly, IA 50677

    $440,000
    0.14 AC lot

    Two adjoining brick structures combine commercial suites with six upper-level apartments.

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    19-Unit Apartment Building with Covered Garage
    19-Unit Apartment Building with Covered Garage

    2609 Olive Street, Cedar Falls, IA 50613

    Contact for pricing
    36,220 sqft

    Masonry construction includes in-unit laundry and separately metered utilities.

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    Off-Market Properties in Waterloo, IA

    Consider similar Off-Market properties in Waterloo, IA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    335 Cedar St
    HIGH-RISE APARTMENTS

    335 Cedar St, Waterloo, IA 50701-1359

    Estimated value:
    $3,845,000
    59,565 sqft 0.28 AC lot
    View details

    Waterloo, IA Apartment Buildings Market Trends and Statistics

    Explore 5 apartment buildings for sale in Waterloo, IA, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 51,276 square feet of properties for sale, with an estimated market value of $3,649,900.

    Sale prices for apartment complexes in Waterloo, IA start at $249,900, averaging $1,216,633, and reaching up to $2,725,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 77K
    Population Growth (5Y) -3.2%
    Median Household Income $58,650
    College Educated 16.5%

    High-Yield Neighborhoods for Investment

    Identify Waterloo submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    50701 $1.2M

    Taxes & Financing

    Tax Rate (average for all types) 3.42%
    Property Tax per SF $40.72 per SF
    Tax Rate vs County Average 0.32 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Black Hawk County

    New Delisted

    How Realmo verifies these figures

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    Most Searched ZIP Codes in Waterloo, IA

    • 50701

    Featured Waterloo Real Estate Agencies

    Realmo connects you with licensed Waterloo CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    TEAM A.W., LLC
    129 Plaza Circle Waterloo, IA 50701
    Phone: (319) 269-2477
    www.amywienands.com/
    Berkshire Hathaway HomeServices One Realty Centre
    1118 Ansborough Ave Waterloo, IA 50701
    Phone: (319) 233-7000
    www.berkshirehathawayhs.com/One-Realty-Centre-IA302
    RE/MAX Home Group
    3731 Pheasant Lane Waterloo, IA 50701
    Phone: (319) 232-7100
    www.remaxhomegroup.com
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