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Waterloo 12-Unit Apartment Complex
For Sale
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Pending

1110 DOREEN AVE, Waterloo, IA 50701

Well-maintained 12-unit apartment complex in Waterloo, Iowa.

Property Size10,773 SF
Days on Market105

Property Features for 1110 DOREEN AVE

General Information

Standard status Pending
Size 10,773 SF
Property subtype Multifamily

Building Details

Year Built 1969
Stories 3
Units 12
Tenancy Single
Listing Agency: Realty ONE Group Movement
Listed By: Richard Lockard · License #IA B43648000
Source: Crexi
Added: May 20 Changed: Aug 8 Last Checked: Jul 24 at 9:46AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Realty ONE Group Movement

Investment Insights

Based on property information with market context.

This well-maintained 12-unit apartment complex is located on a quiet cul-de-sac in Waterloo. The property is in good condition and offers a stable investment opportunity in a desirable setting. Currently, 10 of the 12 units are leased, providing immediate income with upside potential. The property size is 10773 square feet. Financial information is available upon request to qualified buyers.

Key Highlights

  • Stable investment opportunity with immediate income from 10 of 12 units leased.
  • Well‑maintained 12‑unit apartment complex.
  • Located on a quiet cul‑de‑sac.

Property Analytics

Current Use

Alabar Plaza Apartment Complex

Suggested Use

Top Pick Law Firm Dental Office Real Estate Agency Gym & Fitness Center Pharmacy (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.

Location Intelligence

Trade Area within ½ mile

541
Businesses Nearby

Demographics for 50701, IA

29,806
Population
14,530
Households
2.1
Avg Household Size
39
Median Age
30%
College-Educated
95%
High-School Grad
79.1 sq mi
ZIP Area
377
Density / Sq Mi
$62,857
Median Household Income
$41,464
Median Earnings
$846
Median Rent
$183,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Apartment building - Well-maintained 12-unit apartment complex in Waterloo, Iowa.
Where is this apartment building located?
The property is located at 1110 DOREEN AVE Waterloo, IA.
What is the asking price?
The asking price for this property is $745,000.
What are key features of this property?
This property features: Stable investment opportunity with immediate income from 10 of 12 units leased.; Well‑maintained 12‑unit apartment complex.; Located on a quiet cul‑de‑sac.
(319) 939-3678 Call to check price and availability
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