Looking for value, space, and upside? Start here. This 3-bedroom, 1-bath home offers immediate livability with strong potential for both first-time homebuyers and investors. The interior features an open kitchen with breakfast bar and dining area with new flooring, natural woodwork, a spacious living room, and generously sized bedrooms. A covered front porch, enclosed mudroom, and large backyard provide functional and inviting outdoor space. The unfinished basement includes laundry hookups, ample storage, and room for future expansion. Conveniently located across from a church and just minutes from schools and local amenities, this property offers excellent value, consistent rental appeal, and long-term potential.
Affordable opportunity in Waterloo! This 3-bedroom, 1-bath home offers immediate functionality for first time home buyers or investors looking for their next portfolio add. Interior features include open kitchen with breakfast bar and dining with new flooring, natural woodwork, a spacious living area, large bedrooms. A covered front porch, enclosed mudroom, and large backyard provide inviting outdoor space. The unfinished basement includes laundry hookups, ample storage, and space for additional living area. Located across from a church and minutes from schools and amenities, this property offers consistent rental demand and long-term growth potential. A great option for investors or first-time homebuyers seeking affordability, space, and future potential.
NEIRBR as distributed by MLS GRID #3
Mar 17, 2026
Price Changed
$84,500
$84/sq ft
CRAAR, CDRMLS #2
Mar 17, 2026
Price Changed
$84,500
$84/sq ft
NEIRBR as distributed by MLS GRID #1
Feb 19, 2025
Price Changed
$119,500
$118/sq ft
CRAAR, CDRMLS #2108533
Feb 2, 2022
Sold
$47,500
$47/sq ft
Dec 21, 2021
Listed
$54,999
$54/sq ft
NEIRBR as distributed by MLS GRID #20215819
Jan 27, 2022
Sold
$47,500
$47/sq ft
Dec 21, 2021
Listed
$54,999
$54/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$1,186 (+8.6%)
$7,500 + $57,290
$64,790
2024
$1,092 (+19.2%)
$7,500 + $57,290
$64,790
2023
$916 (+30.9%)
$7,500 + $47,180
$54,680
2022
$700 (+2.6%)
$7,500 + $47,180
$54,680
2021
$682 (+2.4%)
$7,500 + $34,220
$41,720
2020
$666 (−1.8%)
$4,500 + $34,220
$38,720
2019
$678 (+1.5%)
$4,500 + $34,220
$38,720
2018
$668 (−3.7%)
$4,500 + $34,220
$38,720
2017
$694 (+2.1%)
$4,500 + $34,220
$38,720
2016
$680 (+1.2%)
$4,500 + $34,220
$38,720
2014
$672
$4,500 + $34,220
$38,720
Public record
Public record
Zoning
Beds
3
Baths
1
Stories
—
Lot width
60 ft.
Lot depth
140 ft.
Lot size
8,407 Sq. Ft.
Year renovated
—
Sq. Ft.
1,371
Year built
1899
Style
Single Family Residential
County
Black Hawk County
APN
891324181006
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 8, 2026.
R-2
One and Two Family Residence District
The R-2 District is intended to provide for areas of the community which are suitable for low density residential uses that are adjacent to residential, professional office or neighborhood commercial uses. Any outside storage of materials or equipment shall be limited and clearly incidental and accessory to the Principal Permitted Use, and shall not include the outside storage of junk or salvage material or similar debris. Outside storage of materials or equipment shall not be permitted in a front yard. This provision shall not restrict the outside storage of licensed and operable vehicles that are accessory and clearly incidental to the Principal Permitted Use.
Permitted uses
Include but are not limited to:
Community / recreation center
Housing-Single unit
Housing-Multiple units
Infrastructure
Public service
Educational/school
Recreation
Golf related
Cemetery
Park & open space
Property details
Parking
Parking/Garage Information
Parking Features: None
Interior
Bathroom Information
# of Full Bathrooms: 1
Heating & Cooling
Has Cooling
Cooling: Central Air
Has Heating
Heating: Natural Gas
Interior Features
Interior Features: Other, Breakfast Bar
Appliances: Refrigerator
Fireplace Features: None
Room Information
Has Basement
Basement Details: Block
Exterior
Building Information
Sq. Ft.: 1011.0
Above Grade Finished Area: 1,011
# of Stories Total: 1
Builder Name: NA
Construction Materials: Vinyl Siding, Frame
Foundation Details: Block
Property Information
Property Type: Residential
Property Sub Type: Single Family Residence
Raw Mls Property Sub Type: SingleFamilyResidence
Lot Information
Lot Size : 0.19
Lot Size Dimensions: 60 x 140
Lot Size Area: 0.19
Lot Size Units: Acres
Lot Size Acres: 0.19
Zoning: Residential
Financial
Tax Information
Tax Annual Amount: $1,186
Utilities
Utility Information
Water Source: Public
Sewer: Public Sewer
Location
HOA Information
Association Fee Frequency: Annually
Schools Information
Elementary School: Other
Middle Or Junior School: Other
High School: Other
Location Information
Directions: Use GPS Hwy 218 NW to W. 5th St take a right, slight left on 4th St, right on Sumner
Subdivision Name: Hammond &Hopkins Addition
Community Information
Community Features: None
Public facts
Beds: 3
Baths: 1.0
Sq. Ft.: 1,371
Stories: —
Lot Size: 8,407 square feet
Style: Single Family Residential
Year Built: 1899
Year Renovated: —
County: Black Hawk County
APN: 891324181006
Home facts updated by county records on Oct 8, 2026
Around this home
Schools
Cunningham School
Public PreK-5 • Assigned • 0.4mi
2/10
George Washington Carver Academy
Public 6-8 • Assigned • 1.1mi
2/10
East High School
Public 9-12 • Assigned • 0.4mi
2/10
Provided by GreatSchools
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 101° expected this year, 16 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Waterloo, IA • 50703
Average low and high temperatures (°F)
27
10
34
16
55
32
62
41
73
50
82
62
84
67
80
62
79
56
69
46
48
32
33
17
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
89/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.7 hrs
5 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$82,000 – $99,000
Sell confidently with a local market expert in Waterloo.