Search
918-920 W 4th Street, Waterloo, IA, 50702
Waterloo Multifamily Investment Opportunity

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
Listed By: Brandie White · License #S68887000
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

Duplexes

Suggested Use

Top Pick Nail Salon Skin Care Clinic Spa & Massage Center Storage Facility Dental Office Furniture & Home Goods

Zoning and permitted uses should be independently verified with authorities.

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
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message