About This Home

This 3-bedroom, 2-bathroom single family at 2030 Rainbow Drive in Waterloo, IA is listed for $244,900 ($187 per sqft). Built in 1950, the home offers 1,307 sqft of living space on a 0.43 acres lot.

Key Features

  • Built in 1950
  • 0.43 acre lot

Property Details

2 full
1950

Amenities

A/C
Listing Description

Beautifully Maintained Home with Modern Updates and Classic Charm! Welcome to this wonderful home situated on nearly half an acre, offering the perfect combination of modern updates, timeless 1950s character, and plenty of space to enjoy. Meticulously maintained and move-in ready, this home has so much to offer!

Recent improvements include a new roof and siding in 2026, new windows in 2022, and a new furnace and air conditioning system in 2019, along with updated appliances for added convenience and peace of mind. Inside, you'll find 3 bedrooms, 2 bathrooms, main-floor laundry, and a spacious eat-in kitchen perfect for everyday living and gathering with family and friends.

Additional flexible space includes a basement office or generous storage area, plus a finished attic that could serve as a game room, hobby space, or potential fourth bedroom. The attached garage offers room for two vehicles, along with an additional large storage area that could easily be transformed into a workshop.

Outside, enjoy the expansive front yard, or the privacy of the fenced backyard complete with a swing set and storage shed, providing plenty of room for play, relaxation, and outdoor entertaining. With its thoughtful updates, versatile living spaces, and classic charm, this home is ready for its next owner to move in and make it their own. Don't miss your opportunity to see all this wonderful property has to offer! Schedule your showing today! Subject to seller securing suitable property.

Monthly Cost Estimate

$1,310/mo

20% down · 6.5% · 30 years

Principal$177
Interest$1,061
Insurance$71

Estimates only. Actual payments may vary.

Location

2030 Rainbow Drive

Waterloo, IA 50701

AUDITOR WHITNEY ROAD PLAT CASTLE HILL WATERLOO ALL

Features & Amenities

Exterior Features

Fruit TreesDeck

Property Details

Construction

Vinyl Siding

Outdoor Features

Deck

Parking

Garage - AttachedGarageOpen

Heating

Electric (Heating)

Cooling

Central Air

Appliances

DishwasherDryerMicrowaveFree-Standing RangeRefrigeratorWasherElectric Water HeaterWater Softener Owned

Questions & Answers

This 3-bedroom, 2-bathroom single family at 2030 Rainbow Drive is listed at $244,900 ($187/sqft). The estimated monthly payment is $1,309 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1950, 0.43 acre lot. Exterior Features: Fruit Trees, Deck.

This property is listed by Carissa Holton.

CH

Carissa Holton

Agent at eXp Realty, LLC

Listed by eXp Realty, LLC · Broker phone: (833) 835-5566 · View on Broker Site

MLS# 20265189· Source: Northeast Iowa Regional Board of Realtors· 6 days on PropertySimple

Copyright © 2026 Northeast Iowa Regional Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

2030 Rainbow Drive, Waterloo, IA 50701

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