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    102 NW 9Th Ave Waverly, IA 50677

    For Sale
    $247,500

    MULTI_FAMILY - Waverly, IA

    Type:Apartment
    Lot size:
    0.60 Acres
    Days on Market:
    64
    Last Refresh:
    Dec 5 at 3:06 am

    Property Features for 102 NW 9Th Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Apartment
    Standard status
    Active
    Zoning
    R-3
    APN
    0535301003
    Parking features
    On Street
    Patio and Porch features
    Patio
    Exterior features
    Patio
    Lot size
    0.60 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air
    Cooling system
    Wall Unit(s), Ceiling Fan(s)
    Water source
    Public

    Building Details

    Year built
    1895
    Floors in Building
    2
    Number of units
    5
    Building materials
    Wood Siding
    Roof type
    Asphalt, Rubber

    Century 21 Signature Real Estate (319) 239-1281 [email protected]

    Listing agent Timothy Lalk (319) 352-1157

    Listing date Oct 3, 2025

    MLS# 20253337 Listing URL

    Copyright © 2025 Northeast Iowa Regional Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Waverly Multifamily Income Property

    This five-unit income property in Waverly, Iowa, presents an opportunity for generating income, with the potential to add a sixth unit. Situated on a 0.6-acre lot, the property includes over 4,300 square feet of living space. The property is located near the bike trail and river. The property is located in Bremer County.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Waverly
    County
    Bremer
    State
    Iowa
    Longitude
    -92.47237
    Latitude
    42.734624

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    FAQs

    What type of property is this?
    Apartment building - Five-unit income property with potential for a sixth unit.
    Where is this apartment building located?
    The property is located at 102 NW 9Th Ave Waverly, IA.
    What is the asking price?
    The asking price for this property is $247,500.
    What are key features of this property?
    This property features: - Immediate income-generating 5-unit property with potential for a 6th unit.; - Large 26,136 sq ft lot with over 4,300 sq ft of living space.; - Ideal for 'house hacking' - live in one unit while renting out the others.
    (319) 352-1157
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    102 NW 9Th Ave Waverly, IA 50677
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    Waverly, IA 50677
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    102 NW 9Th Ave Waverly, IA 50677
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