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Pending
  • $70,000

    303 Lafayette St, Waterloo, IA 50703

    --beds
    --baths
    2,336sqft
    : 
    Quadruplex
    Built in 1909
    -- sqft lot
    $-- Zestimate®
    $30/sqft
    $-- HOA

    What's special

    Investor Special – Value-Add Fourplex with Huge Upside! Opportunity knocks with this value-add fourplex! Located in a solid rental area, this property needs some TLC but offers incredible cash flow potential for the right investor. With a bit of vision and elbow grease, this fixer-upper could shine as a high-performing rental property or a lucrative flip project. Each unit offers its own layout and entrance, giving you flexibility for improvements and future tenant arrangements. Whether you're looking to expand your investment portfolio or take on your next renovation project, this one has the bones to become a cash-generating asset. This motivated seller has it priced to sell and full of opportunity—don’t miss your chance to build equity and income with this property.
    69 days
    on Zillow
    |
    17
    |
    0
    |

    Zillow last checked: 7 hours ago

    Listing updated: July 22, 2025 at 06:52am

    Listed by:

    Blake Keating 319-480-4213,

    AWRE - Commercial & Development

    Source: Northeast Iowa Regional BOR,MLS#: 20252728MLS Logo
    Travel times

    Facts & features

    Interior

    Cooling
    • None
    Appliances
    • Laundry: Lower Level
    Features
    • Basement: Concrete
    Interior area
    • Total structure area: 2,336
    • Total interior livable area: 2,336 sqft
    • Finished area above ground: 1,168
    • Finished area below ground: 1,168

    Property

    Parking
    • Total spaces: 3
    • Parking features: Parking Pad, Attached
    • Uncovered spaces: 3
    Lot
    • Size: 4,158 Square Feet
    • Dimensions: 54x77
    Details
    • Parcel number: 891324353004
    • Zoning: C-2
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    Materials
    • Wood Siding
    • Roof: Asphalt
    Condition
    • Year built: 1909

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Other

    Community & HOA

    Location
    • Region: Waterloo

    Financial & listing details

    • Price per square foot: $30/sqft
    • Tax assessed value: $83,080
    • Annual tax amount: $1,100
    • Date on market: 6/12/2025
    • Lease term: Other
    • Tenant pays: Electricity, Trash Collection, Gas, Heat, Grounds Care, Snow Removal, Water, None
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