About This Home

This 0-bedroom, 0-bathroom residential multi family at 704 W 1st Street in Waterloo, IA is listed for $76,900. Built in 1915, on a 0.05 acres lot.

Key Features

  • Built in 1915
  • 0.05 acre lot
  • 2 stories

Property Details

2 stories
1915

Amenities

A/C
Listing Description

Up-and-down duplex with charming wood Craftsman features throughout. Each unit includes 1 bedroom, 1 bathroom, and a spacious living room. Total monthly rent is $1,345, with the lower unit renting for $595 and the upper unit renting for $750. Tenants pay utilities, while the landlord covers water, averaging $278 per quarter. Both units feature newer appliances. With rents well above the 1% rule, this is a strong investment opportunity and a must-see property.

Monthly Cost Estimate

$411/mo

20% down · 6.5% · 30 years

Principal$56
Interest$333
Insurance$22

Estimates only. Actual payments may vary.

Location

704 W 1st Street

Waterloo, IA 50701

Property Details

Construction

Vinyl Siding

Parking

On Street

Heating

Forced Air

Cooling

Central Air

Questions & Answers

This 0-bedroom, 0-bathroom residential multi family at 704 W 1st Street is listed at $76,900. The estimated monthly payment is $411 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1915, 0.05 acre lot, 2 stories.

This property is listed by Derick Rogers and can be reached at 3195042162.

DR

Derick Rogers

Agent at Realty ONE Group Movement

(319) 504-2162

Listed by Realty ONE Group Movement · View on Broker Site

MLS# 20261867· Source: listhub· 71 days on market

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.

704 W 1st Street, Waterloo, IA 50701

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