Building Details

Stories 2

Listing Agency: The Fischels Group

Listed By: Mike Meaney · License #IA B42513

Source: Crexi

Added: Apr 11 Changed: Aug 16 Last Checked: Aug 31 at 12:35AM

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Investment Insights

Based on property information with market context.

This two-level duplex offers two separate units within a single building. The property is currently set up with one unit rented.

The address is listed as 1116–1118 W 2nd Street in Waterloo, Iowa.

As a residential income property, it provides an ownership structure that can support rental operations based on the existing occupancy.

Key Highlights

• Two‑level duplex
• One unit currently rented

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Electrical Service Furniture & Home Goods Auto Parts Store Nail Salon Catering Service (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

601

Businesses Nearby

Explore this area Business Placement

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

Questions? Ask Rey

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What type of property is this? Where is this duplexes located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Duplex - Two-level duplex with one unit currently rented.

Where is this duplex located?

The property is located at 1116-1118 W 2nd. Street Waterloo, IA.

What are key features of this property?

This property features: Two‑level duplex; One unit currently rented