Listing Agency: Fischels Residential Group c***@crfre.com Show Phone

Listed By: Joe Leehey · License #S44699 Show Phone

Source: Exprealty

Added: Aug 31 Changed: Sep 4 Last Checked: Sep 8 at 12:24PM

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Investment Insights

Based on property information with market context.

This duplex property is configured as two residential units and includes two separate utility meters. The building has been unoccupied for an extended period and requires comprehensive rehabilitation before reuse.

Key Highlights

• Duplex configuration with two residential units
• Two separate utility meters
• Requires comprehensive rehabilitation

Property Analytics

Property Profile

Current Use

Duplexes

Suggested Use

Top Pick Nail Salon Garden Center Skin Care Clinic Storage Facility (Bike/Boat/Book/etc) Store Furniture & Home Goods

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

Location Intelligence

Trade Area within ½ mile

1,000

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

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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-unit residential property with separate utility meters and substantial renovation needs.

Where is this duplex located?

The property is located at 419 Wellington St Waterloo, IA.

What are key features of this property?

This property features: Duplex configuration with two residential units; Two separate utility meters; Requires comprehensive rehabilitation