Login

611-619 Johnson Avenue, Waterloo, IA 50702

Local realty services provided by:CENTURY 21 BW Preferred, Inc.
611-619 Johnson Avenue,Waterloo, IA 50702
$1,800,000
  • - Beds
  • - Baths
  • 4,357 sq. ft.
  • Multi-family
  • Active
Listed by: tyler rasmussen
Office: epm, iowa
MLS#:20254153
Source:IA_NEIMLS

Price summary

  • Price:$1,800,000
  • Price per sq. ft.:$413.13

About this home

This is the kind of asset every investor is looking for—24 fully occupied, low-maintenance units in a prime Waterloo location. Located at 611 & 619 Johnson Avenue, this multifamily package features two 12-unit buildings, each comprised entirely of 2 bed / 1 bath units with in-unit laundry—a key amenity that drives tenant demand and reduces turnover. Each unit is individually metered, with tenants paying electric, gas, water, and sewer. Landlord responsibility is limited to trash, lawn care, and snow removal, making this an exceptionally easy property to manage. The property also includes on-site garages, providing additional value and rental upside. These buildings are clean, simple, and operate efficiently. With strong rental history, desirable unit layouts, and minimal owner involvement, this is a high-yield, low-effort investment opportunity that would be a solid addition to any portfolio.

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an independent agent affiliated with the CENTURY 21®  brand to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an independent agent affiliated with the CENTURY 21®  brand is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , Coldwell Banker® , Corcoran® , ERA® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:2003
  • Listing ID #:20254153
  • Added:152 day(s) ago
  • Updated:January 26, 2026 at 02:18 PM

Rooms and interior

  • Living area:4,357 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Forced Air

Structure and exterior

  • Roof:Asphalt
  • Year built:2003
  • Building area:4,357 sq. ft.
  • Lot area:1.01 Acres

Schools

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

Finances and disclosures

  • Price:$1,800,000
  • Price per sq. ft.:$413.13
  • Tax amount:$40,527

New listings near 611-619 Johnson Avenue