Fourplex Residential Income
237 Miriam Drive Waterloo, IA 50702
For Sale
$149,900
Pending
MULTI_FAMILY - Waterloo, IA
Lot Size0.15 Acres
Days on Market47
Property Features for 237 Miriam Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Quadruplex
- Zoning
- R-1
- Bedrooms
- 8
- Rooms
- Bedroom 3, Bedroom 8, Bedroom 1, Bedroom 5, Bedroom 4, Bedroom 6, Bedroom 7, Bedroom 2
- Standard status
- Pending
- APN
- 891335157010
- Lot size
- 0.15 Acres
Taxes and HOA fees
- Tax Description
- MILLERS REPLAT OF LOT 26 OF AUDITOR FRANCIS REITZEL LAT WLOO W 60 FT E 130.33 FT S 104.5 DR LOR 6
- Tax Annual Amount
- 3118
Utilities
- Sewer type
- Public Sewer
- Cooling system
- Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1963
- Number of units
- 4
- Building materials
- Brick, Vinyl Siding
- Roof type
- Asphalt
Listing Agency:
Oakridge Real Estate
(319) 277-5005
Listed By:
Bethany Benner · License #S67248
(319) 551-4010
Added: Jun 11
Changed: Jul 17
Last Checked: Jul 27 at 7:06AM
MLS# 20262635
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 residential income property is a fourplex configured for four separate rental units. Three of the four units are currently occupied, providing immediate rental occupancy in-place. The seller notes that some flooring has already been updated, which can reduce near-term interior refresh needs for an owner or investor. With the remaining unit available, the property also supports use as a mix of rental and owner-occupancy depending on the buyer’s preference.
The property is located at 237 Miriam Drive in Waterloo, Iowa, within Black Hawk County. It sits on a 0.15-acre lot and is zoned R-1. The listed address places it in the established residential area of Waterloo, where buyers often look for manageable, income-oriented housing.
For tenants, this setup can offer straightforward, independent unit living within a small multifamily structure. For buyers, the four-unit configuration and existing occupancy present a practical path to either stabilize rents across all units or tailor the living arrangement by adding a tenant to the remaining unit or occupying it while collecting income from the others. The partially completed flooring updates are a concrete improvement noted with the property.
The property is located at 237 Miriam Drive in Waterloo, Iowa, within Black Hawk County. It sits on a 0.15-acre lot and is zoned R-1. The listed address places it in the established residential area of Waterloo, where buyers often look for manageable, income-oriented housing.
For tenants, this setup can offer straightforward, independent unit living within a small multifamily structure. For buyers, the four-unit configuration and existing occupancy present a practical path to either stabilize rents across all units or tailor the living arrangement by adding a tenant to the remaining unit or occupying it while collecting income from the others. The partially completed flooring updates are a concrete improvement noted with the property.
Key Highlights
- 4‑plex with 3 of 4 units currently occupied
- Some flooring updates already completed
- Window unit cooling
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
FAQs
What type of property is this?
Quadplex - Well-maintained fourplex with three occupied units and partial flooring updates in a R-1 zoning setting.
Where is this quadplex located?
The property is located at 237 Miriam Drive Waterloo, IA.
What is the asking price?
The asking price for this property is $149,900.
What are key features of this property?
This property features: 4‑plex with 3 of 4 units currently occupied; Some flooring updates already completed; Window unit cooling
