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    701 W 7Th St Waterloo, IA 50702

    For Sale
    $120,000

    MULTI_FAMILY - Waterloo, IA

    Type:Apartment
    Lot size:
    0.15 Acres
    Days on Market:
    70
    Last Refresh:
    Dec 5 at 4:06 pm

    Property Features for 701 W 7Th St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Apartment
    Standard status
    Active
    Zoning
    R-1
    Rooms
    Bedroom 15, Bathroom 1, Bedroom 6, Bedroom 7, Bedroom 12, Bathroom 4, Bedroom 4, Bathroom 3, Bedroom 10, Bathroom 5, Bedroom 17, Bedroom 1, Bedroom 2, Bedroom 16, Bedroom 9, Bedroom 8, Bedroom 11, Bedroom 13, Bathroom 2, Bedroom 3, Bedroom 5, Bedroom 18, Bedroom 14
    Bedrooms
    18
    APN
    891326434001
    Parking features
    On Street
    Basement
    Block
    Lot size
    0.15 Acres

    Utilities

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

    Building Details

    Year built
    1904
    Number of units
    6
    Building materials
    Brick
    Roof type
    Flat

    LISTWITHFREEDOM.COM INC (855) 456-4945 [email protected]

    Listing agent Kurt Clements (855) 456-4945

    Listing date Sep 27, 2025

    MLS# 20254662 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 6-unit apartment building is located in Waterloo, Iowa, near downtown amenities. Constructed in 1904, the property includes two floors. Situated on a 0.15-acre lot, this property offers an investment opportunity for rental income. The units feature functional layouts. One of the units includes one bedroom and one full bath, with washer and dryer hookups, and no parking. The property is zoned R-1.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Waterloo
    County
    Black Hawk
    State
    Iowa
    Longitude
    -92.341224
    Latitude
    42.488899

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    FAQs

    What type of property is this?
    Apartment building - Six-unit apartment building in Waterloo, Iowa, for sale.
    Where is this apartment building located?
    The property is located at 701 W 7Th St Waterloo, IA.
    What is the asking price?
    The asking price for this property is $120,000.
    What are key features of this property?
    This property features: - Solid investment opportunity for rental income in a growing market.; - Located in the heart of Waterloo, IA, minutes from downtown amenities.; - Six-unit apartment building.
    (855) 456-4945
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    Waterloo, IA 50702
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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
    701 W 7Th St Waterloo, IA 50702
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