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Duplex with Central Air
For Sale
$199,900
Pending

1043-1045 Minnesota Street, Waterloo, IA 50702

MULTI_FAMILY - Waterloo, IA

Property SizeContact for details
Lot Size0.17 Acres
Days on Market77

Property Features for 1043-1045 Minnesota Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning R-1
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 4, Bedroom 2, Bedroom 3, Bathroom 1, Bathroom 2, Bedroom 1
Parking features Garage
Basement Block
Elementary school Lou Henry
Middle school Hoover Intermediate
High school West High
Standard status Pending
APN 891336327005
Lot size 0.17 Acres

Taxes and HOA fees

Tax Description GOLDEN GARDENS ADDITION S 99.5 FT N 189.5 FT LOT 1 BLK 12
Tax Annual Amount 4186
Legal Description GOLDEN GARDENS ADDITION S 99.5 FT N 189.5 FT LOT 1 BLK 12

Utilities

Sewer type Public Sewer
Heating system Forced Air, Natural Gas
Cooling system Central Air
Water source Public

Amenities

laundry area
basement storage

Building Details

Year built 1972
Floors in Building 1
Number of units 2
Building materials Aluminum Siding
Roof type Asphalt
Listing Agency: EXP Realty, LLC
Listed By: Chris Carter · License #S60381
Added: Jun 15 Changed: Aug 13 Last Checked: Aug 30 at 5:06AM
MLS# 20262684

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 duplex at 1043-1045 Minnesota Street, built in 1972, includes two residential units. Each unit offers a spacious living room, a functional kitchen and dining area, two bedrooms, and a full bathroom. Both units also feature full unfinished basements that provide storage space and an area for laundry.

The property is heated with natural gas forced air and cooled with central air. Updates include updated HVAC systems and separately metered utilities, which can simplify property management and tenant billing. Parking is available via a garage, and the home is supported by public water and public sewer.

Exterior materials include aluminum siding with an asphalt roof. Set on a 0.1676-acre lot, the duplex is zoned R-1.

Key Highlights

  • Duplex with central air and natural gas forced‑air heating
  • Each unit features two bedrooms, a full bathroom, and a living room plus kitchen and dining
  • Full unfinished basements per unit for storage and laundry space

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage HVAC Service Accounting Firm (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

312
Businesses Nearby

Demographics for 50702, IA

20,447
Population
9,722
Households
2.1
Avg Household Size
37
Median Age
21%
College-Educated
89%
High-School Grad
9.8 sq mi
ZIP Area
2,086
Density / Sq Mi
$59,784
Median Household Income
$38,826
Median Earnings
$926
Median Rent
$145,800
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - R-1 duplex with central air, updated HVAC, and separately metered utilities for straightforward tenant billing
Where is this duplex located?
The property is located at 1043-1045 Minnesota Street Waterloo, IA.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: Duplex with central air and natural gas forced‑air heating; Each unit features two bedrooms, a full bathroom, and a living room plus kitchen and dining; Full unfinished basements per unit for storage and laundry space
More about this property
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