This home's estimate is 5.5% lower than the average sale price ($129K) of 6 comparable homes.
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5324 Gilbertville Road Rd, Waterloo, IA 50701
About this home
Incredible Riverfront Opportunity in Gilbertville! This unique offering includes three parcels totaling 1.06 acres, perched on a high bank overlooking the scenic Cedar River. Located on Gilbertville Road, the property provides a rare chance to own a beautiful riverfront setting with expansive views. The existing home on site is in poor condition and will require a full renovation or removal to make way for new construction. A 1,040 sq ft, three-stall shop is also included. While the shop needs work, it holds great potential to be restored and serve as a valuable addition to the property. Ideal as a potential building site, this property includes a well (unused for many years) and may have a septic system—though there are no records or known location of the tank. This is an as-is sale. Surrounded by well-maintained homes and with a setting that’s hard to beat, this property presents a rare and exciting opportunity to create something special.

Redfin Estimate
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Last updated August 2026
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Sale history for 5324 Gilbertville Road Rd
$126/sq ft
$139/sq ft
Tax history for 5324 Gilbertville Road Rd
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Property details
Parking
- Parking/Garage Information
- Has Carport
- # of Carport Spaces: 3
- Parking Features: Workshop in Garage
Interior
- Bathroom Information
- # of Full Bathrooms: 1
- Heating & Cooling
- Cooling: None
- Has Heating
- Heating: Natural Gas
- Interior Features
- Fireplace Features: None
- Room Information
- Has Basement
- Basement Details: Block, Concrete
Exterior
- Exterior Features
- Roof: Shingle, Asphalt
- Building Information
- Construction Materials: Wood Siding
- Property Features
- On Waterfront
- Waterfront Features: River Front
- Has View
- Property Information
- Property Type: Residential
- Property Sub Type: Single Family Residence
- Raw Mls Property Sub Type: Single Family Residence
- Lot Information
- Lot Features: Irregular Lot, Wooded
- Road Surface Type: Gravel
- Lot Size Dimensions:
- Lot Size Acres: 1.06
- Zoning Description: R-1
Financial
- Tax Information
- Tax Annual Amount: $2,003
Utilities
- Utility Information
- Sewer: Septic Tank
Location
- Schools Information
- Elementary School: Orange Elementary
- Middle Or Junior School: Bunger
- High School: East High
Public facts
- Beds: 2
- Baths: 1.0
- Sq. Ft.: 792
- Stories: —
- Lot Size: 0.5 acres
- Style: Single Family Residential
- Year Built: 1961
- Year Renovated: —
- County: Black Hawk County
- APN: 881222276008
Around this home
Schools
Public PreK-5 • Assigned • 6.8mi
Public 6-8 • Assigned • 4.3mi
Public 9-12 • Assigned • 7.7mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
Unlikely to be in a wildfire in next 30 years
7 days above 101° expected this year, 15 days in 30 years
Minor risk of severe winds over next 30 years
0 unhealthy days expected this year, 0 days in 30 years
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.
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Nearby similar homes
New listings for sale in 50701
Home values near 5324 Gilbertville Road Rd
| Address | Redfin Estimate |
|---|---|
3 Beds | 2 Baths | 1346 Sq. Ft. | $186,532 |
3 Beds | 2.5 Baths | 2126 Sq. Ft. | $309,442 |
| Address | Redfin Estimate |
|---|---|
2 Beds | 3 Baths | 2486 Sq. Ft. | $464,354 |
2 Beds | 3 Baths | 2108 Sq. Ft. | $324,575 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 1.5 Baths | 1610 Sq. Ft. | $253,113 |
3 Beds | 1 Baths | 896 Sq. Ft. | $184,294 |
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