Waterloo Multifamily Investment
918-920 W 4th Street Waterloo, IA 50702
For Sale
$184,999
MULTI_FAMILY - Waterloo, IA
Lot Size0.23 Acres
Days on Market300
Property Features for 918-920 W 4th Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R-4
Bedrooms
2
Bathrooms
1
Rooms
Bedroom 2, Bedroom 1, Bathroom 1
Basement
Block
Standard status
Active
APN
891326328038
Lot size
0.23 Acres
Taxes and HOA fees
Tax Description
LEAVITTS ADDITION LOT 3 BLK 4 AND NELY 27 FT 2 IN LOT 2 BLK 4 EXC NWLY 20 FT IN EVEN WIDTH OF SWLY 25 FT OF EVEN WIDTH OF NELY 27 FT 2 IN SAID LOT 2 BLK 4
Tax Annual Amount
1645
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air
Cooling system
Central Air
Water source
Public
Building Details
Year built
1950
Floors in Building
1
Number of units
2
Building materials
Vinyl Siding
Roof type
Asphalt
Listing Agency:
Berkshire Hathaway Home Services One Realty Centre
(319) 233-7000
Listed By:
Brandie White · License #S68887000
(319) 415-1414
Added: Oct 3, 2025
Changed: Jul 17
Last Checked: Jul 29 at 9:06PM
MLS# 20254849
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 multifamily property in Waterloo, Iowa, presents an investment opportunity with immediate income and long-term potential. The property includes three parcels totaling 0.47 acres. It features two fully occupied rental units with separate entrances, generating a combined monthly income of $1,525. Unit 1 rents for $700 per month, and Unit 2 rents for $825 per month. A recently constructed two-stall garage includes garage door openers. The property also includes an additional vacant lot suitable for future development or added yard space. The property is zoned R-4. The property is being sold "as is".
Key Highlights
- Three parcels totaling 0.47 acres, including an additional vacant lot
- Two fully occupied rental units with separate entrances
- Monthly rents: Unit 1 at $700/month and Unit 2 at $825/month
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Multifamily property with income potential and development opportunity in Waterloo.
Where is this duplex located?
The property is located at 918-920 W 4th Street Waterloo, IA.
What is the asking price?
The asking price for this property is $184,999.
What are key features of this property?
This property features: Three parcels totaling 0.47 acres, including an additional vacant lot; Two fully occupied rental units with separate entrances; Monthly rents: Unit 1 at $700/month and Unit 2 at $825/month