Multifamily

Waverly, IA Multifamily Properties for Sale

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Janesville, IA Shell Rock, IA Denver, IA Plainfield, IA Clarksville, IA Cedar Falls, IA New Hartford, IA Waterloo, IA
6 properties
Mixed-Use Downtown Buildings
Updated: Jun 15
Mixed-Use Downtown Buildings

122 & 120 E Bremer Avenue, Waverly, IA 50677

$499,900
0.14 AC lot
Two side‑by‑side historic commercial buildings at 120 and 122 E Bremer Avenue in downtown Waverly (combined sale).
Brick construction with centralized cooling and forced‑air heating using natural gas and electric heat.
Main floor includes multiple commercial units with storefront exposure along a busy downtown corridor.
Second floor has six apartment units above the commercial spaces for established residential income.
Third floor includes vacant space ready for conversion into additional apartments, studios, event space, or other uses.
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Mixed-Use Office and Residential Building
Updated: Apr 17
Mixed-Use Office and Residential Building

805 W Bremer Avenue, Waverly, IA 50677

$729,900
0.21 AC lot
Mixed‑use property built in 1968 with block construction and concrete flooring
Second floor has 5 residential units: four 2BR/1BA and one 1BR/1BA
Each apartment is separately metered; tenants have access to a shared coin‑operated laundry area
Heating includes natural gas, forced air, and radiant; cooling includes central air
Major improvements: new rubber roof (2024), updated windows (2019), and new furnaces plus central air units (2014)
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Updated Duplex with Separate Utilities
Updated Duplex with Separate Utilities

303 NW 3rd Street, Waverly, IA 50677

$183,900
0.20 AC lot

Fully-leased duplex with two updated units and separate utilities, offering straightforward rental management in Waverly.

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Waverly Multifamily Income Property
Waverly Multifamily Income Property

102 NW 9th Avenue, Waverly, IA 50677

$237,500
0.60 AC lot

Five-unit income property in Waverly, Iowa, with potential for six.

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Mixed-Use Downtown Storefront and Apartments
Mixed-Use Downtown Storefront and Apartments

122 & 120 E Bremer Avenue, Waverly, IA 50677

$499,900
14,900 sqft

Two side-by-side historic buildings offer storefront commercial units with six apartment units above and additional vacant space on the third floor.

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Class A Apartment Community
Class A Apartment Community

426 16th Street NW, Waverly, IA 50677

Contact for pricing

Turnkey 15-unit Class A building with in-unit laundry and elevator service, maintained to institutional standards.

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Based on your search, we've compiled 20 Potential Opportunities for your consideration. Besides 6 Active listings in Waverly, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 6 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.

Two-Unit Duplex with Off-Street Parking
Two-Unit Duplex with Off-Street Parking

920 W 2nd Street, Cedar Falls, IA 50613

$250,000
0.20 AC lot

Duplex income property with two separate units and paved off-street parking in Cedar Falls.

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Turnkey Duplex Investment Property
Turnkey Duplex Investment Property

203-205 N Hackett Road, Waterloo, IA 50701

$264,900
0.34 AC lot

Fully occupied duplex with two updated, spacious units and attached garages on a partially fenced lot.

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Fully Rented Triplex Investment
Fully Rented Triplex Investment

314 Lester Street, Waterloo, IA 50703

$85,000
0.18 AC lot

Three separately metered units with recent interior updates and ongoing owner-paid exterior services.

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Renovated Motor Lodge in Downtown
Renovated Motor Lodge in Downtown

122 Washington St, Cedar Falls, IA 50613

$1,495,000

Renovated 15-unit motor lodge with redevelopment potential.

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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.

Buildable Residential Lot with Pines
Buildable Residential Lot with Pines

Bollig Court lot: 2, Nekoosa, WI 54457

$35,000
2.45 AC lot

A wooded 2.45-acre lot with electric and fiber available at the lot line, suited for a home or cabin.

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Lakeshore Recreation Land Parcel
Lakeshore Recreation Land Parcel

Tripp, Fulda, MN 56131

$124,900
9.30 AC lot

Recreation residential shoreland acreage with gravel access and measured lakeshore for RV or seasonal campground plans.

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Commercial Development Land with Dirt Pads
Commercial Development Land with Dirt Pads

N 41st St, Bethany, MO 64424

$300,000
10.00 AC lot

10-acre commercial parcel with professionally constructed dirt pads and laid-out roadway, positioned for multi-unit rental development.

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Land For Sale, Lakemoor, IL
Land For Sale, Lakemoor, IL

27 Oyster Bay, Lakemoor, IL 60051

Contact for pricing
0.12 AC lot

Commercial land available in Lakemoor, Illinois.

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Off-Market Properties in Waverly, IA

Consider similar Off-Market properties in Waverly, 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.

2909 Bremer Ave
MOBILE HOME PARK, TRAILER PARK

2909 Bremer Ave, Waverly, IA 50677-4008

Value Estimation by Request
1.91 AC lot
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Bremer Ave
MOBILE HOME PARK, TRAILER PARK

Bremer Ave, Waverly, IA 50677

Value Estimation by Request
0.22 AC lot
View details
2901 Bremer Ave
MOBILE HOME PARK, TRAILER PARK

2901 Bremer Ave, Waverly, IA 50677

Value Estimation by Request
9.23 AC lot
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701 Cedar Ln Rd
MOBILE HOME PARK, TRAILER PARK

701 Cedar Ln Rd, Waverly, IA 50677

Value Estimation by Request
3.14 AC lot
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5th NW Ave
MOBILE HOME PARK, TRAILER PARK

5th NW Ave, Waverly, IA 50677

Value Estimation by Request
0.12 AC lot
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1267 205th St
MOBILE HOME PARK, TRAILER PARK

1267 205th St, Waverly, IA 50677-9699

Value Estimation by Request
31.50 AC lot
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Waverly, IA Multifamily Properties Market Trends and Statistics

Explore 12 multifamily properties for sale in Waverly, IA, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 14,900 square feet of properties for sale, with an estimated market value of $499,900.

Sale prices for multifamily properties in Waverly, IA start at $499,900, averaging $499,900, and reaching up to $499,900 — 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

Commercial property segments ranked by active listings on the market

Apartment buildings 5
Duplexes 1

Demographics Overview

Population 13K
Population Growth (5Y) +2.7%
Median Household Income $82,950
College Educated 56.7%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
50677 $435.2K

Taxes & Financing

Tax Rate (average for all types) 2.54%
Property Tax per SF $26.87 per SF
Tax Rate vs County Average 0.15 pp above county avg
Average Loan-to-Value 65.0%

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