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    2836 Independence Ave Waterloo, IA 50707

    Pending
    For Sale
    $125,000

    MULTI_FAMILY - Waterloo, IA

    Type:Apartment
    Lot size:
    0.41 Acres
    Days on Market:
    19
    Last Refresh:
    Dec 7 at 1:06 am

    Property Features for 2836 Independence Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Apartment
    Standard status
    Pending
    Zoning
    R-M
    APN
    891229226003
    Basement
    Crawl Space
    Lot size
    0.41 Acres

    Utilities

    Sewer type
    Public Sewer
    Cooling system
    Window Unit(s)
    Water source
    Public

    Building Details

    Year built
    1951
    Number of units
    5
    Building materials
    Vinyl Siding
    Roof type
    Asphalt

    Oakridge Real Estate (319) 277-5005 [email protected]

    Listing agent Whitney Jones (319) 277-5005

    Listing date Nov 19, 2025

    MLS# 20254550 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

    Waterloo Multifamily Investment Opportunity

    This multifamily property in Waterloo, Iowa, features five units. One unit offers two bedrooms, while the remaining four units are one-bedroom apartments. The property is zoned R-M and occupies a 0.41-acre lot.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Restaurant Building Supply Clothing Store Auto Repair Shop Wholesale Shop Auto Parts Store Bar & Pub Daycare Center Discount Store Convenience Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Waterloo
    County
    Black Hawk
    State
    Iowa
    Longitude
    -92.281859
    Latitude
    42.497933

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    FAQs

    What type of property is this?
    Apartment building - Five-unit multifamily property in Waterloo, Iowa, for sale.
    Where is this apartment building located?
    The property is located at 2836 Independence Ave Waterloo, IA.
    What is the asking price?
    The asking price for this property is $125,000.
    What are key features of this property?
    This property features: - 5-unit investment property; - Attractive mix of one 2-bedroom and four 1-bedroom apartments; - Vinyl siding construction
    (319) 277-5005
    Request Owner's contact information
    2836 Independence Ave Waterloo, IA 50707
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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
    2836 Independence Ave Waterloo, IA 50707
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