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Two-Unit Duplex Property
For Sale
$95,000

723 Randolph Street, Waterloo, IA 50702

Fully occupied residential property with a three-bedroom main-level unit and a one-bedroom upper unit.

Property Size1,866 SF
Price / SF$50.91
Days on Market114

Property Features for 723 Randolph Street

General Information

Standard status Active
Size 1,866 SF
Property subtype Multi-Family
Zoning R-1
Occupancy 100%
Lease Term Over 9 Months

Units

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

Taxes and HOA fees

Annual Taxes $1,489

Amenities

Stone/Rock
Lower Level
1000
Public
60 x 70
0.1
Parking Space,On Street,None

Building Details

Year Built 1896
Tenancy Multi
Listing Agency: Koch Real Estate
Listed By: Sara Kruse
Source: Pinnaclerealtyia
Added: Jun 11 Changed: Sep 30 Last Checked: Oct 1 at 9:16AM

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 Koch Real Estate

Investment Insights

Based on property information with market context.

This duplex at 723 Randolph St in Waterloo, Iowa, contains 1,866 square feet and was built in 1896. The layout includes a three-bedroom residence on the main level and a one-bedroom unit upstairs, providing two distinct living spaces within the property.

Both units are occupied by long-term tenants, establishing a fully occupied configuration. The property is located in Waterloo, IA 50702.

Key Highlights

  • Two‑unit duplex with 1,866 square feet
  • Three‑bedroom main‑level unit
  • One‑bedroom upper unit

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Skin Care Clinic (Bike/Boat/Book/etc) Store Locksmith Furniture & Home Goods Catering Service Acupuncture

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
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,129
Businesses Nearby

Demographics for 50702, IA

20,447
Population
9,722
Households
2.1
Avg Household Size
37
Median Age
21%
College-Educated
89%
High-School Grad
9.8 sq mi
ZIP Area
2,086
Density / Sq Mi
$59,784
Median Household Income
$38,826
Median Earnings
$926
Median Rent
$145,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Fully occupied residential property with a three-bedroom main-level unit and a one-bedroom upper unit.
Where is this duplex located?
The property is located at 723 Randolph Street Waterloo, IA.
What is the asking price?
The asking price for this property is $95,000.
What are key features of this property?
This property features: Two‑unit duplex with 1,866 square feet; Three‑bedroom main‑level unit; One‑bedroom upper unit
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