OFF MARKET

Off market jan 2024 for $69K

—

Est. refi paymentEst. refi $492/mo

•

2.5 ba

•

1,721

sq ft

521 Locust St, Waterloo, IA 50702

About this home

Attention Investors! This is the perfect opportunity for those looking to build their portfolio. Located just a short walk away from Irving Elementary School, this duplex holds immense potential. Impressively, it has been under the same ownership since 1996, demonstrating its reliability and stability. Additionally, the property boasts a full basement, providing ample storage space for your convenience. A shared front porch adds to the charm and appeal of this gem. Don't delay any further; secure this promising investment now!

Multi-familyProperty Type

1909Year Built

1,800 sq ftLot Size

$40Price/Sq.Ft.

Listed by Christopher Carter • EXP Realty, LLC

Bought with Derick Rogers • Structure Real Estate

Source:NEIRBR as distributed by MLS GRID #20233224

Redfin Estimate

Unfortunately, we don't have enough data to generate an accurate Estimate at this time.

Market trends in 50702, IA

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

98.9%

0.0% MoM

Median sale price

$162K

$20K MoM

Avg. days on market

1 days MoM

Recently sold homes

12 MoM

New listings for sale

OPEN SUN, 1PM TO 2PM
$265,000
4 beds2 baths2,374 sq ft
3251 Randolph St, Waterloo, IA 50702
NEW 11 HRS AGO
$60,000
3 beds1 bath1,057 sq ft
815 W 9th St, Waterloo, IA 50702
NEW 22 HRS AGO
$178,500
3 beds1 bath1,770 sq ft
1520 E Mitchell Ave, Waterloo, IA 50702
$209,900
3 beds2.5 baths1,378 sq ft
1615 Darby Dr, Waterloo, IA 50702
VIDEO TOUR
$96,000
2 beds1 bath940 sq ft
1181 Locke Ave, Waterloo, IA 50702
OPEN SUN, 4PM TO 5PM
$209,900
3 beds2 baths1,738 sq ft
1156 Lindner Dr, Waterloo, IA 50702
OPEN SUN, 12PM TO 1PM
$169,900
3 beds1 bath1,724 sq ft
1504 Lyon Ave, Waterloo, IA 50702
$129,950
2 beds1 bath640 sq ft
402 2nd St, Washburn, IA 50702
$89,000
3 beds1.5 baths858 sq ft
1014 W 6th St, Waterloo, IA 50702
$149,000
3 beds1 bath1,824 sq ft
1835 Plymouth Ave, Waterloo, IA 50702
See all

Provided by Redfin

Sale history for 521 Locust St

Date

Event

Price

Public Records

Jan 8, 2024

Sold

$69,000

$40/sq ft

BUILDIUM #1

Nov 9, 2023

Rental Removed

$625

$0/sq ft

Oct 20, 2023

Listed for Rent

$625

$0/sq ft

NEIRBR as distributed by MLS GRID #20233224

Sep 15, 2023

Sold

$68,000

$40/sq ft

Aug 30, 2023

Pending

—

Aug 9, 2023

Delisted

—

Aug 4, 2023

Pending

—

Aug 4, 2023

Relisted

—

Aug 3, 2023

Delisted

—

Aug 2, 2023

Listed

$69,900

$41/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$1,520 (+35.2%)

$4,190 + $74,980

$79,170

2024

$1,124 (+6.0%)

$4,190 + $74,980

$79,170

2023

$1,060 (+2.7%)

$4,190 + $65,860

$70,050

2022

$1,032 (+1.0%)

$4,190 + $52,020

$56,210

2021

$1,022 (+1.6%)

$4,190 + $44,060

$48,250

2020

$1,006 (−0.8%)

$4,190 + $40,920

$45,110

2019

$1,014 (+0.8%)

$4,190 + $40,920

$45,110

2018

$1,006 (−3.1%)

$4,190 + $40,920

$45,110

2017

$1,038 (+1.2%)

$4,190 + $40,920

$45,110

2016

$1,026 (+8.2%)

$4,190 + $41,050

$45,240

2014

$948

$4,190 + $37,890

$42,080

Tax history for 521 Locust St

Year

Property tax

Land + Additions

Assessment*

2025

$1,520 (+35.2%)

$4,190 + $74,980

$79,170

2024

$1,124 (+6.0%)

$4,190 + $74,980

$79,170

2023

$1,060 (+2.7%)

$4,190 + $65,860

$70,050

2022

$1,032 (+1.0%)

$4,190 + $52,020

$56,210

2021

$1,022 (+1.6%)

$4,190 + $44,060

$48,250

2020

$1,006 (−0.8%)

$4,190 + $40,920

$45,110

2019

$1,014 (+0.8%)

$4,190 + $40,920

$45,110

2018

$1,006 (−3.1%)

$4,190 + $40,920

$45,110

2017

$1,038 (+1.2%)

$4,190 + $40,920

$45,110

2016

$1,026 (+8.2%)

$4,190 + $41,050

$45,240

2014

$948

$4,190 + $37,890

$42,080

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Zoning

R-4

Multiple Residence District

The R-4 District is intended to provide for areas of the community which are suitable for low, medium and high density residential uses and professional offices 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
Day care facility
Hospital / medical center
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior
Housing-Student
Office
Medical office

Property details

Interior

Basement Information
Basement Sq. Ft: 768
Basement Type: Full

Bathroom Information
# of Full Baths: 2
# of 1/4 Baths: 1
# of Bathroom Fixtures: 7

Room Information
# of Rooms: 7

Exterior

Exterior Information
Foundation Type: Concrete Block
Exterior Wall: Vinyl
Roof Covering Type: Asphalt
Roof Shape Type: Hip
Building Type: Two Family

Property Information
Subdivision Name: JOHNSONS ADD
Living Sq. Ft: 1,721
Building Sq. Ft: 2,489
Legal Description: JOHNSONS ADDITION NW 30 FT LOT 7 BLK 1

Lot Information
# of Buildings: 1
Land Sq. Ft: 1,800
Legal Lot Number: 7
Legal Block Number: 1
Municipality Name: WATERLOO
Acres: 0.0413
Depth Footage: 60
Front Footage: 30
County Use Description: TWO-FAMILY CONVERSION

Financial

Assessor Information
Assessment Year: 2025

Public facts

Beds: 2
Baths: 2.5
Sq. Ft.: 1,721
Stories: —
Lot Size: 1,800 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1909
Year Renovated: —
County: Black Hawk County
APN: 891326332017

Home facts updated by county records on Aug 12, 2026

Around this home

Schools

Irving Elementary School

Public K-5 • Assigned • 0.1mi

5/10

Central Middle School

Public 6-8 • Assigned • 2.6mi

2/10

West High School

Public 9-12 • Assigned • 1.2mi

3/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

4/10 Flood Factor

Estimated 19-29% chance 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 • 50702

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 10.1 hours in June and 4 hours in December, which is comparable to the U.S. average for solar exposure.

10.1 hrs

4 hrs

JuneDecember

Provided by Shadowmap

Sell confidently with a local market expert in Waterloo. 3 minutes to get started.

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FOR SALE BY OWNER

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4 beds2 baths— sq ft

1721 Falls Ave, Waterloo, IA 50701

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2 beds1 bath2,694 sq ft

918-920 W 4th St, Waterloo, IA 50702

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6 beds— baths1,615 sq ft

2508 Olive St, Cedar Falls, IA 50613

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New listings for sale in 50702

OPEN SUN, 1PM TO 2PM

$265,000

4 beds2 baths2,374 sq ft

3251 Randolph St, Waterloo, IA 50702

NEW 11 HRS AGO

$60,000

3 beds1 bath1,057 sq ft

815 W 9th St, Waterloo, IA 50702

NEW 22 HRS AGO

$178,500

3 beds1 bath1,770 sq ft

1520 E Mitchell Ave, Waterloo, IA 50702

$209,900

3 beds2.5 baths1,378 sq ft

1615 Darby Dr, Waterloo, IA 50702

VIDEO TOUR

$96,000

2 beds1 bath940 sq ft

1181 Locke Ave, Waterloo, IA 50702

OPEN SUN, 4PM TO 5PM

$209,900

3 beds2 baths1,738 sq ft

1156 Lindner Dr, Waterloo, IA 50702

OPEN SUN, 12PM TO 1PM

$169,900

3 beds1 bath1,724 sq ft

1504 Lyon Ave, Waterloo, IA 50702

$129,950

2 beds1 bath640 sq ft

402 2nd St, Washburn, IA 50702

$89,000

3 beds1.5 baths858 sq ft

1014 W 6th St, Waterloo, IA 50702

Home values near 521 Locust St

Data from public records.

Address	Redfin Estimate
527 Locust Street, Waterloo, IA 4 Beds \| 4 Baths \| 2064 Sq. Ft.	$138,990
705 Locust Street, Waterloo, IA 2 Beds \| 1 Baths \| 688 Sq. Ft.	$51,438

Address	Redfin Estimate
526 Locust Street, Waterloo, IA 2 Beds \| 1 Baths \| 972 Sq. Ft.	$59,594
1010 West 5th Street, Waterloo, IA 3 Beds \| 1 Baths \| 1384 Sq. Ft.	$84,184

Address	Redfin Estimate
518 Locust Street, Waterloo, IA 3 Beds \| 2.5 Baths \| 1731 Sq. Ft.	$112,796
1112 West 5th Street, Waterloo, IA 2 Beds \| 1 Baths \| 672 Sq. Ft.	$53,630

Property information provided by undefined .

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Market trends in 50702, IA

Sale history for 521 Locust St

Tax history for 521 Locust St

Zoning

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 50702

Home values near 521 Locust St

More real estate resources