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1434 Rainbow Drive, Waterloo, IA 50701

Waterloo
Local realty services provided by:CENTURY 21 BW Preferred, Inc.
1434 Rainbow Drive,Waterloo, IA 50701
$234,900
  • 5 Beds
  • 2 Baths
  • - sq. ft.
  • Single family
  • Active
Listed by: lance bertram
Office: fischels residential group
MLS#:20260663
Source:IA_NEIMLS

Price summary

  • Price:$234,900

About this home

Welcome to 1434 Rainbow Drive in Waterloo! This spacious 5-bedroom, 2-bath home offers a wonderful blend of comfort, updates, and location. Fresh paint throughout gives the home a clean, modern feel, while two fireplaces provide warmth and character in multiple living spaces. Enjoy peaceful views of the forest and pond right from your backyard, with a walking trail just steps away. Conveniently located off Greenhill Road with excellent access to shopping, schools, and major routes, including the new Waterloo school currently under development just minutes away. With many recent updates and a setting that’s hard to beat, this home is ready for its next chapter.

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Home facts

  • Year built:1952
  • Listing ID #:20260663
  • Added:63 day(s) ago
  • Updated:April 23, 2026 at 11:13 AM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:2
  • Full bathrooms:2
  • Dining Description:Eat-In Kitchen
  • Bathrooms Description:Tub/Shower
  • Kitchen Description:Appliances Negotiable
  • Bedroom Description:Master Bedroom w/ Closet
  • Basement:Yes
  • Basement Description:Block, Partially Finished

Heating and cooling

  • Cooling:Central Air
  • Heating:Forced Air
  • Central air:Yes

Structure and exterior

  • Roof:Asphalt
  • Year built:1952
  • Lot area:0.86 Acres
  • Lot Features:Bluff, Hillside, Lake View, Wooded
  • Construction Materials:Vinyl Siding
  • Exterior Features:Deck

Schools

  • High school:East High
  • Middle school:Central
  • Elementary school:Fred Becker Elementary

Finances and disclosures

  • Price:$234,900
  • Tax amount:$4,337

Features and amenities

  • Laundry features:Lower Level
  • Amenities:Ceiling Fan(s), Ceiling-Cove

Parking

  • Parking description:2 Stall
  • Carport spaces:2

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