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    Waverly, IA
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    Waverly, IA Apartment Buildings for Sale

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    Janesville, IA Shell Rock, IA Denver, IA
    Mixed-Use Building with Apartments
    Updated: Apr 17
    Mixed-Use Building with Apartments

    805 W Bremer Avenue, Waverly, IA 50677

    $755,000
    0.21 AC lot
    Prime location directly across from Wartburg College
    Mixed‑use property with potential for reimagining the main level
    Five residential units on the second floor providing steady rental income
    Major capital improvements: new rubber roof, updated windows, and new furnaces/central air
    Each apartment is separately metered
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    Mixed-Use Downtown Buildings
    Updated: Jun 15
    Mixed-Use Downtown Buildings

    122 & 120 E Bremer Avenue, Waverly, IA 50677

    $499,900
    0.14 AC lot
    Two side‑by‑side historic downtown commercial buildings at 120 and 122 E Bremer Avenue, offered as a combined sale.
    Main floor features multiple commercial units with storefront exposure along a busy downtown corridor.
    Second floor includes six apartment units for established residential rental income above the commercial spaces.
    Third floor offers vacant space ready for conversion into additional apartments, studios, event space, or other uses.
    Expansive basement level provides substantial usable space for storage, workshops, or future tenant amenities.
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    Waverly Multifamily Income Property
    Waverly Multifamily Income Property

    102 NW 9th Avenue, Waverly, IA 50677

    $237,500
    4,300 sqft · 0.60 AC lot

    Five-unit income property in Waverly, Iowa, with potential for six.

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

    122 & 120 E Bremer Avenue, Waverly, IA 50677

    $499,900
    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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    Class A Apartment Community
    Class A Apartment Community

    426 16th Street NW, Waverly, IA 50677

    Contact for pricing

    Turnkey 15-unit Class A building with in-unit laundry and elevator service, maintained to institutional standards.

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    Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 5 Active listings in Waverly, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Cedar Falls Multifamily Investment Property
    Cedar Falls Multifamily Investment Property

    2115 Walnut Street, Cedar Falls, IA 50613

    $419,000
    0.30 AC lot

    Six-unit rental property in Cedar Falls' college hill area.

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    Cash-Flowing Multifamily Near Campus
    Cash-Flowing Multifamily Near Campus

    2221 Olive Street, Cedar Falls, IA 50613

    $419,000
    0.15 AC lot

    Eight-unit multifamily property near campus with strong income potential.

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    Waterloo 12-Unit Apartment Complex
    Waterloo 12-Unit Apartment Complex

    1110 DOREEN AVE, Waterloo, IA 50701

    $745,000
    10,773 sqft

    Well-maintained 12-unit apartment complex in Waterloo, Iowa.

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    Mixed-Use Investment Opportunity
    Mixed-Use Investment Opportunity

    501 W 4th St, Waterloo, IA 50701

    $249,900
    7,552 sqft

    Mixed-use property with office/retail spaces and residential units.

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Prime Development Land, Springfield MO
    Prime Development Land, Springfield MO

    N West Bypass, Springfield, MO 65802

    $2,850,000
    29.20 AC lot

    29.2 acres of retail-zoned land for mixed-use development.

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    Norman Land For Luxury Condos
    Norman Land For Luxury Condos

    801 NW 36th Avenue, Norman, OK 73072

    $285,000
    0.74 AC lot

    Prime Norman land suitable for luxury condos development.

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    Buildable Lot for Luxury Condos
    Buildable Lot for Luxury Condos

    801 36th Ave NW, Norman, OK 73072

    $285,000
    0.74 AC lot

    0.74 acre buildable lot zoned for low-density apartments.

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    Asheville Development Opportunity: 5.94 Acres
    Asheville Development Opportunity: 5.94 Acres

    215 N Bear Creek Road, Asheville, NC 28806

    $2,500,000
    5.94 AC lot

    5.94-acre parcel zoned RM6, ideal for multi-family development.

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    Waverly, IA Apartment Buildings Market Trends and Statistics

    Explore 5 apartment buildings for sale in Waverly, IA, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 19,200 square feet of properties for sale, with an estimated market value of $737,400.

    Sale prices for two-family homes in Waverly, IA start at $237,500, averaging $368,700, and reaching up to $499,900 — 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 13K
    Population Growth (5Y) +2.7%
    Median Household Income $82,950
    College Educated 56.7%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    50677 $498.1K

    Taxes & Financing

    Tax Rate (average for all types) 2.54%
    Property Tax per SF $26.87 per SF
    Tax Rate vs County Average 0.15 pp above county avg
    Average Loan-to-Value 65.0%

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