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Waterloo Duplex Income Property

723 Randolph Street Waterloo, IA 50702

723 Randolph Street, Waterloo, IA, 50702
$100,000
For Sale
$100,000

MULTI_FAMILY - Waterloo, IA

Lot Size0.10 Acres
Days on Market42

Property Features for 723 Randolph Street

General Information

Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R-1
Bedrooms
4
Rooms
Bedroom 3, Bedroom 1, Bedroom 4, Bedroom 2
Parking features
On Street
Standard status
Active
APN
891326403014
Lot size
0.10 Acres

Taxes and HOA fees

Tax Description
DOES ADDITION SW 70 FT LOT 9 BLK 14
Tax Annual Amount
1489

Utilities

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

Building Details

Year built
1896
Number of units
2
Building materials
Stucco EIFS, Vinyl Siding
Roof type
Asphalt
Listing agency Oakridge Real Estate
Listed by Bethany Benner · License #S67248
Added: Jun 11 Updated: Jul 17 at 10:25AM Checked: Jul 22 at 6:06AM
MLS# 20262628

Copyright © 2026 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.


Investment Insights

Based on property information with market context.

This Waterloo duplex offers two rental units with a versatile, tenant-friendly configuration. The main level features a 3-bedroom unit, while the upper unit provides a 1-bedroom layout. The property is described as 100% occupied with long-term tenants in place.

The duplex is located at 723 Randolph Street in Waterloo, Iowa (50702) within Black Hawk County. The property is zoned R-1, supporting a residential income use.

For buyers looking for an owner-occupied or investment scenario, the unit mix can support a range of tenant needs, from households seeking additional bedrooms to those preferring a smaller footprint. With both units currently leased, the property may offer immediate rental continuity for qualified investors.

Key Highlights

  • Waterloo duplex built in 1896 with 2 separate units (3‑bedroom main level and 1‑bedroom upper unit)
  • 100% occupied with long‑term tenants
  • Public water and public sewer

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Skin Care Clinic (Bike/Boat/Book/etc) Store Locksmith Furniture & Home Goods Home Appliance Store Catering Service Acupuncture Storage Facility (Bike/Boat/Book/etc) Store Pet Grooming Service

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

FAQs

What type of property is this?
Duplex - Duplex with a 3-bedroom main unit and 1-bedroom upper unit, currently 100% occupied by long-term tenants.
Where is this duplex located?
The property is located at 723 Randolph Street Waterloo, IA.
What is the asking price?
The asking price for this property is $100,000.
What are key features of this property?
This property features: Waterloo duplex built in 1896 with 2 separate units (3‑bedroom main level and 1‑bedroom upper unit); 100% occupied with long‑term tenants; Public water and public sewer
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More about this property
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