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Duplex With Detached Garage
For Sale
$264,900
Pending

203-205 N Hackett Road, Waterloo, IA 50701

Two residential units include lower-level laundry and storage plus attached garages.

Property SizeContact for details
Days on Market59

Property Features for 203-205 N Hackett Road

General Information

Standard status Pending
Total Parking Spaces 4
Property subtype Residential Income
Zoning R-3
Occupancy 100%
Lease Term 6 Months

Units

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

Taxes and HOA fees

Annual Taxes $4,923

Amenities

washer/dryer
storage space
partially fenced lot

Building Details

Year Built 1981
Buildings 1
Listing Agency: Berkshire Hathaway Home Services One Realty Centre
Listed By: Brandie White · License #S68887000
Source: Brandiewhite.idxbroker
Added: Jul 3 Changed: Aug 29 Last Checked: Aug 29 at 1:54PM

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.

Built in 1981, this duplex contains two residential units with matching layouts. Each unit offers two bedrooms, one updated bathroom, a living room, dining area, and kitchen, along with lower-level laundry and storage. An attached garage serves each unit. The property sits on a large, partially fenced lot and includes a detached two-stall, double-deep garage currently used for owner storage.

Both units are occupied by long-term tenants, with current tenancy spanning 6+ years and 3+ years. The property is zoned R-3 and includes a clean, maintained configuration with additional detached garage space that could support storage use or rental income, subject to applicable requirements.

Key Highlights

  • Two‑unit duplex with 2 bedrooms and 1 bathroom per unit
  • Attached garage provided for each residential unit
  • Detached 2‑stall, double‑deep garage

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Dental Office Law Firm Building Supply Spa & Massage Center Restaurant Hair Salon

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
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

44
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 - Two residential units include lower-level laundry and storage plus attached garages.
Where is this duplex located?
The property is located at 203-205 N Hackett Road Waterloo, IA.
What is the asking price?
The asking price for this property is $264,900.
What are key features of this property?
This property features: Two‑unit duplex with 2 bedrooms and 1 bathroom per unit; Attached garage provided for each residential unit; Detached 2‑stall, double‑deep garage
More about this property
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