Waterloo, IA
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Property Types
    1
    • Retail
    • Office
    • Residential Income
    • Restaurants
    • Industrial
    • Mixed-Use
    • Hospitality
    • Health Care
    • Sports & Entertainment
    • Land
    • Agricultural
    • Specialty
    Price
    Price
    $
    $

    Waterloo, IA Residential Income Properties for Sale

    Notify Me
    List
    Map
    Cedar Falls, IA Elk Run Heights, IA Evansdale, IA
    9 results
    One-Level Triplex with Detached Garages
    $549,900
    1.20 Acres

    One-Level Triplex with Detached Garages

    5309-5311 Blue Bonnet Drive, Waterloo, IA 50702

    Well-kept triplex in Waterloo with separately metered units, in-unit laundry, and detached garage spaces for each home.

    • One‑level triplex with 2 bed/2 bath units; each unit includes separate laundry, walk‑in closets, and pantry space.
    • All units are separately metered.
    • Detached garage parking: 5311 Blue Bonnet includes a double, detached heated garage space.
    • Detached garage parking: 5309 includes a single detached garage space.
    • Detached garage parking: 3216 Thistle Down includes a double detached garage space.
    Updated: Jun 3
    View details
    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
    View details
    Turnkey Duplex Investment Property
    $264,900
    0.34 Acres

    Turnkey Duplex Investment Property

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

    203-205 N Hackett Road, Waterloo, IA 50701
    View details
    Well-Maintained Duplex in Waterloo, IA
    $186,500
    900 SF

    Well-Maintained Duplex in Waterloo, IA

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

    1721 & 1723 Falls Avenue, Waterloo, IA 50701
    View details
    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
    View details
    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
    View details
    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
    View details
    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
    View details
    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
    View details
    Based on your search, we've compiled 27 Potential Opportunities for your consideration. Besides 9 Active listings in Waterloo, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 10 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
    View details
    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
    View details
    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.

    Waterloo Land Opportunity
    Contact for pricing
    0.16 Acres

    Waterloo Land Opportunity

    Land available in Waterloo, Iowa, with future potential.

    Bates Street, Waterloo, IA 50703
    View details
    Corner Lot in Waterloo, IA
    Contact for pricing
    0.32 Acres

    Corner Lot in Waterloo, IA

    Corner lot in Waterloo, Iowa, sized 100 X 140.

    Webster Street lot: 11 & 12, Waterloo, IA 50703
    View details
    Residential Land with Garage
    Contact for pricing
    0.45 Acres

    Residential Land with Garage

    Three lots with garage for storage while building.

    1018 Fairview Avenue, Waterloo, IA 50703
    View details
    Waterloo Land Parcel For Sale
    Contact for pricing
    0.19 Acres

    Waterloo Land Parcel For Sale

    Residential land parcel available in Waterloo, Iowa.

    Madison, Waterloo, IA 50703
    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
    Marnie Ave
    Land
    Value Estimation by Request
    Marnie Ave

    0 Marnie Ave, Waterloo, IA 50701

    View details
    Bluegrass Cir
    Land
    Lot: 2.20 Acres
    Value Estimation by Request
    Bluegrass Cir

    0 Bluegrass Cir, Waterloo, IA 50613

    View details
    Cyclone Dr
    Land
    Lot: 2.00 Acres
    Value Estimation by Request
    Cyclone Dr

    0 Cyclone Dr, Waterloo, IA 50701

    View details
    Huntington Rd
    Land
    Lot: 8.12 Acres
    Value Estimation by Request
    Huntington Rd

    0 Huntington Rd, Waterloo, IA 50701

    View details
    4700 Twin Pines Dr
    Land
    Value Estimation by Request

    4700 Twin Pines Dr, Waterloo, IA 50701

    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 Residential Income Properties Investment Opportunities Market Analysis

    Explore 19 residential income properties for sale in Waterloo, IA, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 9,352 square feet of properties for sale, with an estimated market value of $706,400.

    Sale prices for residential income properties in Waterloo, IA start at $186,500, averaging $235,466, and reaching up to $270,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Top Commercial Asset Segments

    Multifamily properties 9
    Duplexes 4
    Apartment buildings 2
    Triplexes 2
    Quadplexes 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%

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings