Occupied Two-Unit
For Sale
$89,900
723 Randolph Street, Waterloo, IA 50702
Residential Income, Waterloo, IA
Property SizeContact for details
Lot Size0.10 Acres
Days on Market139
Property Features for 723 Randolph Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R-1
Bedrooms
4
Rooms
Bedroom 4, Bedroom 1, Bedroom 2, Bedroom 3
Parking features
On Street
Elementary school
Lowell
Middle school
Bunger
High school
West High
Standard status
Active
APN
891326403014
Lot size
0.10 Acres
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Description
DOES ADDITION SW 70 FT LOT 9 BLK 14
Tax Annual Amount
1489
Legal Description
DOES ADDITION SW 70 FT LOT 9 BLK 14
Utilities
Sewer type
Public Sewer
Cooling system
Window Unit(s)
Water source
Public
Building Details
Year built
1896
Number of units
2
Building materials
Stucco EIFS, Vinyl Siding
Roof type
Asphalt
Listing Agency:
Oakridge Real Estate
(319) 277-5005
Listed By:
Bethany Benner
(319) 551-4010
Added: Jun 11
Changed: Oct 25
Last Checked: Oct 27 at 3:06PM
MLS# 20262628
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.
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Investment Insights
Based on property information with market context.
This two-unit residential property includes a three-bedroom residence on the main level and a one-bedroom unit above. The building dates to 1896 and uses stucco EIFS and vinyl siding, with an asphalt roof and window-unit cooling. Both units are occupied by long-term tenants, providing an established rental configuration.
The property encompasses 0.1 acres in Waterloo, Iowa, and is zoned R-1. Public water and public sewer serve the building. Parking is provided along the street, and the address is 723 Randolph Street. The unit mix offers distinct layouts within a compact duplex format, with four bedrooms across the property.
The property encompasses 0.1 acres in Waterloo, Iowa, and is zoned R-1. Public water and public sewer serve the building. Parking is provided along the street, and the address is 723 Randolph Street. The unit mix offers distinct layouts within a compact duplex format, with four bedrooms across the property.
Key Highlights
- Two‑unit duplex with a three‑bedroom main‑level unit and one‑bedroom upper unit
- 100% occupied with long‑term tenants
- 0.1 acres zoned R‑1
Property Analytics
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Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,129
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Two residential units include a three-bedroom main-level layout and a one-bedroom upper-level apartment.
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 $89,900.
What are key features of this property?
This property features: Two‑unit duplex with a three‑bedroom main‑level unit and one‑bedroom upper unit; 100% occupied with long‑term tenants; 0.1 acres zoned R‑1
