Welcome to this affordable and well-located 2-bedroom, 1-bathroom home, offering comfort, convenience, and excellent potential for both owner-occupants and investors alike. Situated in a central location close to schools, parks, shopping, and major routes, this property delivers everyday ease at a price that’s hard to find. Whether you’re looking for a budget-friendly home or a reliable investment opportunity, this property checks all the boxes.
For sale
$64,900
627 Downing Ave, Waterloo, IA 50701
2beds
0baths
651sqft
Est.:
Single Family Residence
Built in 1929
0.49 Acres Lot
$-- Zestimate®
$100/sqft
$-- HOA
What's special
- 5 days |
- 204 |
- 14 |
Zillow last checked: 8 hours ago
Listing updated: 17 hours ago
Listed by:
Michael Taylor 319-239-3659,
Lockard Realty Company
Source: Northeast Iowa Regional BOR,MLS#: 20255914
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 0
- Full bathrooms: 1
Other
- Level: Upper
Other
- Level: Main
Other
- Level: Lower
Heating
- Natural Gas
Cooling
- Ceiling Fan(s)
Features
- Basement: Block
- Has fireplace: No
- Fireplace features: None
Interior area
- Total interior livable area: 651 sqft
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: 1 Stall
- Carport spaces: 1
Lot
- Size: 0.49 Acres
- Dimensions: 72.00 x 297.00
Details
- Parcel number: 891327151009
- Zoning: A-1
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Roof: Asphalt
Condition
- Year built: 1929
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Waterloo
Financial & listing details
- Price per square foot: $100/sqft
- Tax assessed value: $72,510
- Annual tax amount: $1,387
- Date on market: 12/12/2025
- Cumulative days on market: 5 days
- Road surface type: Other
Estimated market value
Not available
Estimated sales range
Not available
$850/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/12/2025 | Listed for sale | $64,900+549%$100/sqft |
Source:  Northeast Iowa Regional BOR #20255914 Report a problem | ||
| 4/4/1988 | Sold | $10,000$15/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,278 +5.6% | $63,950 |
| 2023 | $1,211 +2.7% | $63,950 +16% |
| 2022 | $1,179 +17.4% | $55,120 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$353/mo
Principal & interest
$252
Property taxes
$78
Home insurance
$23
Climate risks
Neighborhood: 50701
Nearby schools
GreatSchools rating
- 5/10Fred Becker Elementary SchoolGrades: PK-5Distance: 0.7 mi
- 1/10Central Middle SchoolGrades: 6-8Distance: 1.3 mi
- 2/10East High SchoolGrades: 9-12Distance: 2.4 mi
Schools provided by the listing agent
- Elementary: Fred Becker Elementary
- Middle: Central Intermediate
- High: East 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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