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Separately Metered Duplex
For Sale
$205,000
Pending

1052 Dundee Avenue, Waterloo, IA 50701

Updated two-unit property with individual electric meters, refreshed finishes, and a fenced yard in West Waterloo.

Property SizeContact for details
Days on Market19

Property Features for 1052 Dundee Avenue

General Information

Standard status Pending
Property subtype Residential Income
Zoning R-2
Lease Term 6 Months

Units

Unit Mix 1 x 3BR/1BA, 1 x 1BR/1BA
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $2,904

Amenities

fenced-in yard

Building Details

Year Built 1951
Tenancy Single
Listing Agency: Berkshire Hathaway Home Services One Realty Centre
Listed By: Brandie White · License #S68887000
Source: Brandiewhite.idxbroker
Added: Aug 12 Changed: Aug 26 Last Checked: Aug 29 at 5:52AM

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 Berkshire Hathaway Home Services One Realty Centre

Investment Insights

Based on property information with market context.

This West Waterloo duplex offers a 3-bedroom, 1-bath unit alongside a 1-bedroom, 1-bath unit. Improvements include a steel roof installed in 2022, new siding and gutters from 2026, electrical upgrades with separate meters for each unit, and a water heater replaced in 2023. Additional updates include select windows, flooring, paint, and appliances. Both residences have tub and shower combinations, while the 1052 side includes main-floor laundry.

The larger unit is leased, and the one-bedroom residence previously operated as a furnished rental; furnishings are negotiable. A fenced yard adds outdoor space, and the property is located at 1052 Dundee Avenue in Waterloo, Iowa. Built in 1951 and zoned R-2, the duplex provides two distinct residential units for an owner-occupant or rental operation.

Key Highlights

  • Two‑unit layout with a 3‑bedroom, 1‑bath unit and a 1‑bedroom, 1‑bath unit
  • Steel roof installed in 2022
  • New siding and gutters from 2026

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Dental Office (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Locksmith Daycare Center

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
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

516
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
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Frequently Asked Questions

What type of property is this?
Duplex - Updated two-unit property with individual electric meters, refreshed finishes, and a fenced yard in West Waterloo.
Where is this duplex located?
The property is located at 1052 Dundee Avenue Waterloo, IA.
What is the asking price?
The asking price for this property is $205,000.
What are key features of this property?
This property features: Two‑unit layout with a 3‑bedroom, 1‑bath unit and a 1‑bedroom, 1‑bath unit; Steel roof installed in 2022; New siding and gutters from 2026
More about this property
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