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1721 & 1723 Falls Avenue, Waterloo, IA 50701

Waterloo
Local realty services provided by:CENTURY 21 BW Preferred, Inc.
1721 & 1723 Falls Avenue,Waterloo, IA 50701
$186,500
  • - Beds
  • - Baths
  • 896 sq. ft.
  • Multi-family
  • Active
Listed by: jordan porter
Office: berkshire hathaway home services one realty centre
MLS#:20261435
Source:IA_NEIMLS

Price summary

  • Price:$186,500
  • Price per sq. ft.:$208.15

About this home

Don’t miss this well-maintained side-by-side duplex located in a convenient west Waterloo neighborhood near University Avenue. Each unit offers approximately 900 square feet of comfortable living space, featuring 2 bedrooms and 1 bathroom—ideal for tenants or owner occupancy. Both units include spacious layouts with large bedrooms, great kitchens, and full basements—perfect for storage or additional usable space. Tenants will appreciate the convenience of washer/dryer hookups, central air, and off-street parking. Recent updates include newer carpet on both sides, newer furnace/ AC units, and new water heaters. The property also benefits from separate utilities, helping maximize investment potential. Situated close to shopping, dining, schools, and local attractions, this duplex offers strong rental appeal in a steady market. Whether you’re looking to expand your investment portfolio or live in one unit while renting the other, this property is a smart and versatile opportunity.

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Home facts

  • Year built:1913
  • Listing ID #:20261435
  • Added:1 day(s) ago
  • Updated:April 09, 2026 at 04:43 PM

Rooms and interior

  • Basement:Yes
  • Basement Description:Block, Concrete, Floor Drain
  • Living area:896 sq. ft.

Heating and cooling

  • Cooling:Ceiling Fan(s), Central Air
  • Heating:Forced Air
  • Central air:Yes

Structure and exterior

  • Roof:Asphalt
  • Year built:1913
  • Building area:896 sq. ft.
  • Lot area:0.11 Acres
  • Construction Materials:Vinyl Siding
  • Exterior Features:Patio

Schools

  • High school:West High
  • Middle school:Central
  • Elementary school:Irving Elementary

Finances and disclosures

  • Price:$186,500
  • Price per sq. ft.:$208.15
  • Tax amount:$2,747

Features and amenities

  • Laundry features:Dryer Hookup-Gas, Lower Level, Washer Hookup

Parking

  • Parking description:Over 1 Space, Parking Space, Paved

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