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1129 South Street, Waterloo, IA 50702

Waterloo
Local realty services provided by:CENTURY 21 BW Preferred, Inc.
1129 South Street,Waterloo, IA 50702
$159,000
  • - Beds
  • - Baths
  • 912 sq. ft.
  • Multi-family
  • Active
Listed by: justin finn
Office: four seasons realtors inc
MLS#:20254900
Source:IA_NEIMLS

Price summary

  • Price:$159,000
  • Price per sq. ft.:$174.34

About this home

Investor Alert! 1129 South St, Waterloo, IA 50702 Turnkey income opportunity with recent updates throughout! This duplex-style property offers two self-contained units ready to rent or occupy. The main-level unit features 1 bedroom, 1 bath, and a full kitchen, while the upper unit includes 2 bedrooms, 1 bath, a spacious living room, and a full kitchen — perfect for maximizing returns or house hacking. Enjoy peace of mind with a new roof installed in 2020, plus a new deck and patio area ideal for tenants or outdoor entertaining. With modern updates, separate living spaces, and a prime location near schools, parks, and downtown Waterloo, this property stands out as a strong, low-maintenance investment. Solid rental demand, great curb appeal, and reliable cash flow potential — don’t miss this updated Waterloo duplex! Property can be sold together in a package along with 408/410 E 8th St, 827 W 7th St, and 1310 South St. in a package deal

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Home facts

  • Year built:1899
  • Listing ID #:20254900
  • Added:224 day(s) ago
  • Updated:May 19, 2026 at 02:59 PM

Rooms and interior

  • Basement:Yes
  • Basement Description:Stone/Rock
  • Living area:912 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Central air:Yes

Structure and exterior

  • Roof:Tile
  • Year built:1899
  • Building area:912 sq. ft.
  • Lot area:0.16 Acres
  • Construction Materials:Vinyl Siding

Schools

  • High school:West High
  • Middle school:Bunger
  • Elementary school:Lowell

Utilities

  • Water:Water in Rent

Finances and disclosures

  • Price:$159,000
  • Price per sq. ft.:$174.34
  • Tax amount:$2,436

Parking

  • Parking description:Over 1 Space

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