Waterloo, IA
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    Waterloo, IA Multifamily Properties for Sale

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    Cedar Falls, IA Elk Run Heights, IA Evansdale, IA
    7 results
    Waterloo Fourplex Investment Opportunity
    $270,000
    900 SF

    Waterloo Fourplex Investment Opportunity

    911 Lafayette Street, Waterloo, IA 50703

    Fully occupied fourplex near downtown Waterloo with recent upgrades.

    • Fully occupied fourplex providing immediate rental income.
    • Located minutes from downtown Waterloo's shopping, dining, and amenities.
    • Significant capital improvements completed, including updated LVP flooring, a new high‑efficiency furnace, and updated bathroom fixtures.
    • City‑approved, newly built deck servicing the two upper units.
    • Each unit features 2 bedrooms and 1 bath with approximately 900 sq. ft. of living space.
    Updated: Feb 6
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    Well-Maintained Duplex in Waterloo, IA
    $186,500
    900 SF

    Well-Maintained Duplex in Waterloo, IA

    1721 & 1723 Falls Avenue, Waterloo, IA 50701

    Side-by-side duplex in a convenient Waterloo neighborhood.

    • Well‑maintained duplex near University Avenue, offering convenient access to amenities.
    • Each unit features approximately 900 sq ft with 2 bedrooms and 1 bathroom.
    • Recent updates include newer carpet, furnace/AC units, and new water heaters.
    • Separate utilities for each unit maximize investment potential.
    • Spacious layouts with large bedrooms, great kitchens, and full basements provide ample living and storage space.
    Updated: Apr 9
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    Waterloo Duplex: Investor Opportunity
    $224,900
    0.22 Acres

    Waterloo Duplex: Investor Opportunity

    Well-maintained duplex in desirable location with strong rental history.

    1405-1407 Columbus Drive, Waterloo, IA 50702
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    Waterloo Triplex Investment Opportunity
    $85,000
    0.18 Acres

    Waterloo Triplex Investment Opportunity

    Fully rented triplex near Gates Park, offering immediate cash flow.

    314 Lester Street, Waterloo, IA 50703
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    Waterloo Multifamily Investment Opportunity
    $184,999
    0.23 Acres

    Waterloo Multifamily Investment Opportunity

    Multifamily property with income potential and development opportunity in Waterloo.

    918-920 W 4th Street, Waterloo, IA 50702
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    Waterloo 12-Unit Apartment Complex
    $745,000
    10,773 SF

    Waterloo 12-Unit Apartment Complex

    Well-maintained 12-unit apartment complex in Waterloo, Iowa.

    1110 DOREEN AVE, Waterloo, IA 50701
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    Mixed-Use Investment Opportunity
    $249,900
    7,552 SF

    Mixed-Use Investment Opportunity

    Mixed-use property with office/retail spaces and residential units.

    501 W 4th St, Waterloo, IA 50701
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    Based on your search, we've compiled 20 Potential Opportunities for your consideration. Besides 7 Active listings in Waterloo, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 5 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Mixed-Use Asset Near Wartburg College
    $755,000
    0.21 Acres

    Mixed-Use Asset Near Wartburg College

    High-visibility mixed-use property with residential units and commercial potential.

    805 W Bremer Avenue, Waverly, IA 50677
    View details
    Cedar Falls Duplex Investment Opportunity
    $160,000
    0.20 Acres

    Cedar Falls Duplex Investment Opportunity

    Duplex with updated unit, garage, fenced yard, new roof.

    1622 Franklin Street, Cedar Falls, IA 50613
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    Waverly Duplex: Investment Opportunity
    $189,000
    0.20 Acres

    Waverly Duplex: Investment Opportunity

    Fully leased duplex near Wartburg College with income potential.

    303 NW 3rd Street, Waverly, IA 50677
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    Cedar Falls Multifamily Investment Property
    $499,900
    0.20 Acres

    Cedar Falls Multifamily Investment Property

    Investment property near College Hill with signed leases.

    2222 Walnut Street, Cedar Falls, IA 50613
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Des Moines Development Land Available
    $1,013,600
    28.96 Acres

    Des Moines Development Land Available

    29 acres of development land near Fleur Dr and SW 9th.

    01 County Line Road, Des Moines, IA 50320
    View details
    Lake Thunderhead Camper Lot
    $127,900
    0.34 Acres

    Lake Thunderhead Camper Lot

    Camper lot at Lake Thunderhead, steps from water and amenities.

    24114 Arrow Wood Court, Unionville, MO 63565
    View details
    Improved Residential Lot Ready-to-Go
    Contact for pricing

    Improved Residential Lot Ready-to-Go

    Affordable, improved corner lot in Davis City, Iowa.

    SE Corner W High Street, Davis City, IA 50065
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    Wooded Lot in Bollig Estates
    $35,000
    2.45 Acres

    Wooded Lot in Bollig Estates

    Buildable 2.45-acre wooded lot near Nekoosa and Rainbow Casino.

    Lot 2 Bollig Court, Nekoosa, WI 54457
    View details

    Off-Market Properties in Waterloo, IA

    Consider similar Off-Market properties in Waterloo, IA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1531 Sager Ave
    MOBILE HOME PARK, TRAILER PARK
    Lot: 2.54 Acres
    Value Estimation by Request

    1531 Sager Ave, Waterloo, IA 50701

    View details
    2947 Independence Ave
    MOBILE HOME PARK, TRAILER PARK
    Lot: 9.44 Acres
    Value Estimation by Request

    2947 Independence Ave, Waterloo, IA 50707

    View details
    2141 And 4
    Multifamily properties
    58,700 SF
    Value Estimation by Request

    2141 And 4, Waterloo, IA 50703

    View details
    335 Cedar St
    HIGH-RISE APARTMENTS
    59,565 SF Lot: 0.28 Acres
    Estimated value
    $3,845,000

    335 Cedar St, Waterloo, IA 50701-1359

    View details
    Waterloo, IA 50701
    MOBILE HOME PARK, TRAILER PARK
    Lot: 2.00 Acres
    Value Estimation by Request

    Waterloo, IA 50701

    View details

    Waterloo, IA Multifamily Properties Investment Opportunities Market Analysis

    Explore 12 multifamily properties for sale in Waterloo, IA, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 20,125 square feet of properties for sale, with an estimated market value of $1,451,400.

    Sale prices for multifamily properties in Waterloo, IA start at $186,500, averaging $362,850, and reaching up to $745,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Duplexes 3
    Apartment buildings 2
    Quadplexes 1
    Triplexes 1

    Demographics Overview

    Population 77K
    Population Growth (5Y) -3.2%
    Median Household Income $58,650
    College Educated 16.5%

    High-Yield Neighborhoods for Investment

    Identify Waterloo submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    50703 $177.5K
    50702 $204.9K
    50701 $393.8K

    Taxes & Financing

    Tax Rate (average for all types) 3.42%
    Property Tax per SF $40.72 per sq ft
    Tax Rate vs County Average 0.32 pp above county avg
    Average Loan-to-Value 65.0%

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