Profitable 3 story, 12-plex investment property with recent updates to most units including laminate flooring, kitchens and bathrooms. Mechanical updates include P-TAC units (heat and A/C) in each unit, sewer lines and water heater. Two coin operated washers located in lower level for tenant use. Tenant is responsible for their own electric and gas (stove). Landlord is responsible for water, sewer, garbage and house electric. Neighboring lot is included: parcel 8913-26-328-021.
Multi-familyProperty Type
1907Year Built
5,950 sq ftLot Size
$27Price/Sq.Ft.
Listed by Christopher Fischels• Fischels Commercial Group
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
3
Lot width
70 ft.
Lot depth
85 ft.
Lot size
5,968 Sq. Ft.
Year renovated
—
Sq. Ft.
7,971
Year built
1907
Style
Other
County
Black Hawk County
APN
891326328020
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 8, 2026.
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: None, On Street
Interior
Heating & Cooling
Has Cooling
Cooling: Window Unit(s)
Has Heating
Heating: Natural Gas
Room Information
Laundry Features: Lower Level
Exterior
Exterior Features
Roof: Wood, Rubber
Building Information
Above Grade Finished Area: 2,657
Below Grade Finished Area: 2,657
Property Information
Property Type: Residential Income
Raw Mls Property Sub Type: Multi-Family 5+
Lot Information
Lot Size Dimensions: 70 x 85
Lot Size Acres: 0.274
Zoning Description: R-4
Financial
Tax Information
Tax Annual Amount: $5,047
Utilities
Utility Information
Water Source: Public
Sewer: Public Sewer
Location
Schools Information
Elementary School: Irving Elementary
Middle Or Junior School: Central
High School: West High
Public facts
Beds: —
Baths: —
Sq. Ft.: 7,971
Stories: 3.0
Lot Size: 5,968 square feet
Style: Other
Year Built: 1907
Year Renovated: —
County: Black Hawk County
APN: 891326328020
Home facts updated by county records on Oct 8, 2026
Around this home
Schools
Irving Elementary School
Public K-5 • Assigned • 0.2mi
5/10
Central Middle School
Public 6-8 • Assigned • 2.5mi
2/10
West High School
Public 9-12 • Assigned • 1.3mi
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)
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48
33
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18
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Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.
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