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1721 & 1723 Falls Avenue, Waterloo, IA, 50701
Side-by-Side Duplex

1721 & 1723 Falls Avenue Waterloo, IA 50701

For Sale
$189,900

MULTI_FAMILY - Waterloo, IA

Lot Size0.12 Acres
Days on Market53

Property Features for 1721 & 1723 Falls Avenue

General Information

Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R-2
Bedrooms
4
Bathrooms
2
Rooms
Bedroom 1, Bathroom 1, Bedroom 4, Bedroom 3, Bathroom 2, Bedroom 2
Patio and Porch features
Patio
Exterior features
Patio
Basement
Block, Concrete
Standard status
Active
APN
891322387021
Lot size
0.12 Acres

Taxes and HOA fees

Tax Description
HAGERMAN PLACE LOT 7 BLK 2
Tax Annual Amount
2747

Utilities

Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Cooling system
Ceiling Fan(s), Central Air
Water source
Public

Building Details

Year built
1913
Floors in Building
2
Number of units
2
Building materials
Shingle Siding, Vinyl Siding
Roof type
Asphalt
Listing Agency: Berkshire Hathaway Home Services One Realty Centre
Listed By: Jordan Porter · License #B66586000
Added: Jun 5 Changed: Jul 17 Last Checked: Jul 27 at 5:06AM
MLS# 20262519

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 well-maintained side-by-side duplex offers two mirrored units, each with about 900 square feet of living space, including 2 bedrooms and 1 bathroom. Both units include spacious layouts with large bedrooms, kitchen space, and full basements that can support additional storage or usable area. Tenant conveniences include washer/dryer hookups, central air, and off-street parking. Recent property updates include a new roof, new siding, and new gutters, along with newer carpet, newer furnace/AC units, and new water heaters. The duplex also features separate utilities for each unit.

Located in a convenient west Waterloo neighborhood near University Avenue, the property at 1721 & 1723 Falls Avenue offers proximity to shopping, dining, schools, and local attractions.

The configuration supports a variety of occupancy options, including renting both units or living in one unit while renting the other. With basements for extra storage and off-street parking for day-to-day convenience, the property is well suited to tenants seeking in-unit laundry hookups and climate control, as well as buyers looking for a straightforward two-unit residential income setup under R-2 zoning.

Key Highlights

  • Well‑maintained side‑by‑side duplex built in 1913, with each unit featuring 2 bedrooms and 1 bathroom
  • Each unit offers approximately 900 SF of living space and includes a full basement for storage or additional usability
  • Recent exterior and system updates include a new roof, new siding, and new gutters

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Dental Office Daycare Center Building Supply Real Estate Agency Gym & Fitness Center Pharmacy Furniture & Home Goods Cafe & Coffee Shop Grocery & Convenience Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Well-maintained R-2 duplex with updated exterior, full basements, and separate utilities for owner-occupant or rental use.
Where is this duplex located?
The property is located at 1721 & 1723 Falls Avenue Waterloo, IA.
What is the asking price?
The asking price for this property is $189,900.
What are key features of this property?
This property features: Well‑maintained side‑by‑side duplex built in 1913, with each unit featuring 2 bedrooms and 1 bathroom; Each unit offers approximately 900 SF of living space and includes a full basement for storage or additional usability; Recent exterior and system updates include a new roof, new siding, and new gutters
More about this property
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