911 Lafayette Street, Waterloo, IA 50703
Black Hawk County
Key Facts
Description
Don’t miss this exceptional opportunity to own a fully occupied, income-producing fourplex, just minutes from downtown Waterloo’s vibrant shopping, dining, and amenities. Each of the four 2-bedroom, 1-bath units offers approximately 900 sq. ft. of living space. Significant capital improvements have already been completed, making this a strong investment option: Updated LVP flooring in multiple units New high-efficiency furnace in one unit Updated bathroom fixtures, including a new toilet and shower City-approved, newly built deck servicing the two upper units This property is being sold “As Is”, presenting a turnkey investment with immediate rental income in place. Whether you're a seasoned investor or just entering the market, this is a rare opportunity to secure a well-maintained asset in a desirable, high-demand location. Schedule your private showing today—opportunities like this don’t last long!
Property Information
Property Type
Residential Income
Sub-Type
Quadruplex
Year Built
1904
Living Area
3,632 sq ft
Lot Size
6,000 sq ft
Lot Dimensions
50x120
Zoning
R-M
Days on Market
137
MLS® Listing#
20260493
Property Features
Cooling
Heating
Parking
Laundry
Construction
Roof
Sewer
Water Source
Schools
- Elementary:
- Lowell
- Middle:
- Central MS - Waterloo CSD
- High:
- West High
Financial Details
Annual Taxes
$1,893
Assessed Value
$111,670
Parcel Number
891325130016
Affordability Calculator
$54,000
Estimated monthly payment
$1,437/mo
Principal $216,000 · Est. interest $301,339 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Waterloo, IA
- 53
- Median Days on Market
- 1,433
- Median Sq Ft
- $126
- Median Price / Sq Ft
- 165
- Active Listings
- Its price per sq ft is 41% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Waterloo, IA.
Location
Points of Interest in Waterloo, IA
Showing the Waterloo area map.
Nearby Schools
East High School
Secondary · 0.4 mi away
Immanuel Lutheran School
School · 0.5 mi away
St John St Nicholas School
School · 0.6 mi away
Sacred Heart School
School · 0.8 mi away
Lowell Elementary
Elementary · 0.8 mi away
Cunningham School for Excellence Elementary School Waterloo Community School District
Elementary · 1.0 mi away
Irving Elementary School
Elementary · 1.1 mi away
Highland Elementary School
Elementary · 1.3 mi away
Expo Alternative Learning Center
School · 1.3 mi away
Kittrell Elementary School
Elementary · 1.7 mi away
George Washington Carver Academy
School · 1.7 mi away
St Edward School
School · 1.9 mi away
Active Minds Early Learning Academy
School · 1.9 mi away
Kingsley Elementary School
Elementary · 2.0 mi away
West High School
Secondary · 2.1 mi away
Edison Elementary School
Elementary · 2.1 mi away
Lincoln Elementary School
Elementary · 2.2 mi away
Columbus High School
Secondary · 2.3 mi away
Blessed Maria Assunta Pallotta Middle School
School · 2.3 mi away
Hoover Middle School
Elementary · 2.8 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 303 W 4th Street, Waterloo, IA | $189,900 | — | — | 1,797 |
| 106 E 9 Street, Waterloo, IA | $189,900 | — | — | 4,475 |
| 1721 & 1723 Falls Avenue, Waterloo, IA | $189,900 | — | — | 896 |
| 1223 Maxine Avenue, Waterloo, IA | $194,900 | 3 | 1 | 1,554 |
| 903 Kimball Avenue, Waterloo, IA | $198,000 | 4 | 1 | 1,751 |
| 100 Home Park Boulevard, Waterloo, IA | $199,000 | 3 | 2 | 1,260 |
Moving Cost Estimate
EXIT Agents in Waterloo
Listing Courtesy: Berkshire Hathaway Home Services One Realty Centre - 3192337000
Presented by: Brandie White