Sold for $117,500 on 04/15/24
$117,500
1524 W 5th St, Waterloo, IA 50702
--beds
--baths
1,962sqft
Duplex
Built in 1915
-- sqft lot
$128,700 Zestimate®
$60/sqft
$825 Estimated rent
Home value
$128,700
$116,000 - $142,000
$825/mo
Zestimate® history
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Owner options
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What's special
A rare opportunity to own a duplex in a prime location in Waterloo. Both units are spacious and have functional layouts, each featuring 2 bedrooms and 1 bath, a living room, dining room and kitchen, as well as separate entrances. This house boasts many updates including newer roof on house and garage, low maintenance vinyl siding, some new flooring, light fixtures, some electrical updates and various cosmetic touches. Laundry facilities are shared and are available to each unit in the basement. All appliances included. There is ample amount of street parking plus a detached double garage in the rear. Could easily be converted to single family residence with an interior staircase connecting both units. Close to schools, shopping and easy access to major highways. Don't miss your opportunity on this cash flowing investment property. Currently rented for $700 up and $675 down but has potential for MUCH MORE! Both units have their own furnace & AC unit, utilities are individualized per unit and paid by the tenants. Seller pays for water/sewer/garbage. A must see!
Zillow last checked: 8 hours ago
Listing updated: August 05, 2024 at 01:18pm
Listed by:
Kara Bartels 319-939-1611,
RE/MAX Alliance
Bought with:
Monica Benz, S7160200
Oakridge Real Estate
Source: Northeast Iowa Regional BOR,MLS#: 20240953
Facts & features
Interior
Cooling
- Central Air
Appliances
- Laundry: Lower Level
Features
- Basement: Partially Finished
Interior area
- Total structure area: 1,962
- Total interior livable area: 1,962 sqft
- Finished area above ground: 981
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Garage, On Street, Detached
- Uncovered spaces: 2
Lot
- Size: 4,356 sqft
- Dimensions: 40x106
Details
- Parcel number: 891326358014
- Zoning: R-2
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Vinyl Siding
- Roof: Asphalt
Condition
- Year built: 1915
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Elec Individual Meters, Gas Individual Meters
Community & neighborhood
Location
- Region: Waterloo
Price history
| Date | Event | Price |
|---|---|---|
| 4/15/2024 | Sold | $117,500-5.9%$60/sqft |
Source: | ||
| 3/17/2024 | Pending sale | $124,900$64/sqft |
Source: | ||
| 3/13/2024 | Listed for sale | $124,900+60.1%$64/sqft |
Source: | ||
| 12/7/2021 | Listing removed | -- |
Source: Zillow Rental Manager | ||
| 11/29/2021 | Listed for rent | $700 |
Source: Zillow Rental Manager | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,070 +14% | $103,570 |
| 2023 | $1,816 +3.1% | $103,570 +25.3% |
| 2022 | $1,762 +0.9% | $82,670 +0.3% |
Find assessor info on the county website
Neighborhood: Church Row Historic
Nearby schools
GreatSchools rating
- 2/10Irving Elementary SchoolGrades: K-5Distance: 0.3 mi
- 1/10Central Middle SchoolGrades: 6-8Distance: 2.4 mi
- 3/10West High SchoolGrades: 9-12Distance: 1 mi
Schools provided by the listing agent
- Elementary: Irving Elementary
- Middle: Central
- High: West High
Source: Northeast Iowa Regional BOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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