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Sold for $275,575
    • $275,575

    203-205 N Hackett Rd, Waterloo, IA 50701

    4beds
    2baths
    2,880sqft
    Duplex
    Built in 1981
    -- sqft lot
    $263,500 Zestimate®
    $96/sqft
    $937 Estimated rent

    Home value

    $263,500

    $250,000 - $277,000

    $937/mo

    Zestimate® history
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    $1,814/mo

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    $1,814/mo

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    What's special

    Excellent storage spaceUpdated bathroomTwo spacious unitsAttached garageLarge partially fenced lotDining areaFunctional kitchen layout
    Well-maintained and exceptionally clean duplex located in a highly desirable Waterloo location. This turnkey investment property features two spacious units, each offering 2 large bedrooms, 1 updated bathroom, a generous living room, dining area, and functional kitchen layout. Each unit also includes a lower level with washer and dryer and excellent storage space, along with an attached garage for added tenant convenience. Situated on a large, partially fenced lot, the property also includes a detached 2-stall, double-deep garage currently being utilized by the owner for storage. This space offers excellent potential for additional rental income or expanded tenant storage options. The duplex is fully occupied with long-term tenants who take great pride in their homes, with current tenancy spanning 6+ years and 3+ years. Strong rental history, quality tenants, and a clean, well-cared-for property make this an outstanding opportunity for both seasoned and first-time investors. A rare chance to own a low-maintenance, income-producing property in a strong rental location.

    Zillow last checked:

    Listing updated:

    Listed by:

    Danielle Morris 319-231-4175,

    Berkshire Hathaway Home Services One Realty Centre

    Bought with:

    Bryce Steiert, S73176000

    Lockard Realty Company

    Source: Northeast Iowa Regional BOR as distributed by MLS GRID,MLS#: 20262402MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    Heating
    • Forced Air
    Cooling
    • Ceiling Fan(s), Central Air
    Appliances
    • Laundry: Gas Dryer Hookup, Lower Level, Washer Hookup
    Features
    • Basement: Concrete,Interior Entry,Exterior Entry,Floor Drain
    Interior area
    • Total structure area: 2,880
    • Total interior livable area: 2,880 sqft
    • Finished area above ground: 1,056
    • Finished area below ground: 1,824

    Property

    Parking
    • Total spaces: 3
    • Parking features: Garage, Over 1 Space, Parking Pad, Attached
    • Uncovered spaces: 3
    Features
    • Levels: One,One and One Half
    Lot
    • Size: 0.34 Acres
    • Dimensions: 102x144
    Details
    • Additional structures: Outbuilding
    • Parcel number: 891317429012
    • Zoning: R-3
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex
    Materials
    • Vinyl Siding
    • Roof: Asphalt
    Condition
    • Year built: 1981

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Paid by Individual, Garbage Pd by Individual, Gas Individual Meters, Water - Multiple Meters

    Community & HOA

    Location
    • Region: Waterloo

    Financial & listing details

    • Price per square foot: $96/sqft
    • Tax assessed value: $248,240
    • Annual tax amount: $4,923
    • Date on market: 6/1/2026
    • Cumulative days on market: 1 day
    • Lease term: 6 Months
    • Tenant pays: Electricity, Trash Collection, Gas, Heat, Grounds Care, Water
    • Road surface type: Hard Surface Road

    Price history

    DateEventPrice
    7/10/2026Sold$275,575+4%$96/sqft
    Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20262402 Report a problem
    6/3/2026Pending sale$264,900$92/sqft
    Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20262402 Report a problem
    6/1/2026Listed for sale$264,900$92/sqft
    Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20262402 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 50701

    Nearby homes

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Fred Becker Elementary
    • Middle: Central MS - Waterloo CSD
    • High: East High

    Source: Northeast Iowa Regional BOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    An equal housing lender. NMLS #10287.

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