Don’t miss the chance to own a fully operational 9-unit apartment complex —a strong indicator of consistent demand with full occupancy. This well-maintained property offers excellent ROI. Ideal for investors seeking stable cash flow and long-term value. Financials available by request.
CondoProperty Type
1910Year Built
8,400 sq ftLot Size
$188Est. Price/Sq.Ft.
Listed by Brianna Weekley• Realty ONE Group Movement
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
70 ft.
Lot depth
120 ft.
Lot size
—
Year renovated
—
Sq. Ft.
—
Year built
—
Style
Multi-Family (5+ Unit)
County
Black Hawk County
APN
891326253004
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 2, 2025.
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
Parking
Parking/Garage Information
Parking Features: On Street, None
Interior
Heating & Cooling
Has Cooling
Cooling: Electric
Has Heating
Heating: Electric
Room Information
Laundry Features: Lower Level
Has Basement
Basement Details: Block
Unit Type 1 Information
# of Bedrooms: 2
# of Bathrooms: 1
Actual Rent: $750
Unit Type 2 Information
# of Bedrooms: 2
# of Bathrooms: 1
Actual Rent: $750
Unit Type 3 Information
# of Bedrooms: 3
# of Bathrooms: 1
Actual Rent: $800
Unit Type 4 Information
# of Bedrooms: 2
# of Bathrooms: 1
Actual Rent: $700
Unit Type 5 Information
# of Bedrooms: 2
# of Bathrooms: 1
Actual Rent: $750
Exterior
Exterior Features
Exterior Features: Balcony
Patio And Porch Features: Deck
Roof: Rubber
Building Information
Above Grade Finished Area: 3,021
Below Grade Finished Area: 3,021
Construction Materials: Stucco
Property Information
Property Type: Residential Income
Property Sub Type: Apartment
Raw Mls Property Sub Type: Apartment
Lot Information
Lot Features: Level
Road Surface Type: Paved
Lot Size Dimensions: 70 x 120
Zoning: R-4
Zoning Description: R-4
Financial
Tax Information
Tax Annual Amount: $11,170.15
Utilities
Utility Information
Water Source: Public
Utilities: Other
Sewer: Public Sewer
Location
Schools Information
Elementary School: Irving Elementary
Middle Or Junior School: Central MS - Waterloo CSD
High School: West High
Community Information
Community Features: Sidewalks
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (5+ Unit)
Year Built: —
Year Renovated: —
County: Black Hawk County
APN: 891326253004
Home facts updated by county records on Jul 2, 2025
Other
Listing Information
List AOR: neirbr
Around this home
Schools
K - 12
Preschool & daycare
Irving Elementary School
Public K-5 • Assigned • 0.4mi
5/10
Central Middle School
Public 6-8 • Assigned • 2.7mi
2/10
West High School
Public 9-12 • Assigned • 1.6mi
3/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
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 • 50701
Average low and high temperatures (°F)
27
11
34
17
55
32
62
42
73
51
82
63
84
68
80
62
79
56
67
47
48
33
33
18
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.