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.
Pending
$70,000
303 Lafayette St, Waterloo, IA 50703
--beds
--baths
2,336sqft
Est.:
Quadruplex
Built in 1909
-- sqft lot
$-- Zestimate®
$30/sqft
$-- HOA
What's special
- 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#: 20252728

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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