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211 Madison Street, Waterloo, IA 50703

Waterloo
Local realty services provided by:CENTURY 21 Signature Real Estate
211 Madison Street,Waterloo, IA 50703
$1,650,000
  • - Beds
  • - Baths
  • 408 sq. ft.
  • Multi-family
  • Active
Listed by: tyler rasmussen
Office: epm, iowa
MLS#:20244370
Source:IA_NEIMLS

Price summary

  • Price:$1,650,000
  • Price per sq. ft.:$4,044.12

About this home

Discover a lucrative investment opportunity with this 32-unit property in Waterloo. Ideal for investors seeking a stable income stream, this well-maintained complex offers spacious two-bedroom, one-bathroom units with full basements. 32 Rental Units: Solid history of 95%+ occupancy Two-Bedroom, One-Bathroom Units: Comfortable and practical layouts. Full Basements: Additional storage space for tenants. Tenant Responsibilities: Electric, water, gas, and sewer bills, ensuring efficient cost management. Landlord Responsibilities: Trash, lawn care, and snow removal, providing added convenience for tenants. This prime location offers easy access to local amenities, schools, hospitals, and transportation. Don't miss out on this exceptional investment opportunity. Contact us today to schedule a viewing!

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Home facts

  • Year built:1950
  • Listing ID #:20244370
  • Added:528 day(s) ago
  • Updated:March 12, 2026 at 05:33 PM

Rooms and interior

  • Basement:Yes
  • Basement Description:Block, Entrance-Outside
  • Living area:408 sq. ft.

Heating and cooling

  • Cooling:Ceiling Fan(s)
  • Heating:Forced Air

Structure and exterior

  • Roof:Rubber
  • Year built:1950
  • Building area:408 sq. ft.
  • Lot area:1.53 Acres
  • Lot Features:Corner Lot
  • Construction Materials:Stucco EIFS

Schools

  • High school:West High
  • Middle school:George Washington Carver Academy
  • Elementary school:Highland Elementary

Utilities

  • Water:Water - Multiple Meters

Finances and disclosures

  • Price:$1,650,000
  • Price per sq. ft.:$4,044.12
  • Tax amount:$32,163

Features and amenities

  • Laundry features:Lower Level

Parking

  • Parking description:Parking Space

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