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1129 South Street

Waterloo, IA 50702
  • $169,000
  • STATUS: Active
  • ON SITE: 159 Days
  • MLS #: 20254900
UPDATED: 78 min ago
$169,000
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1899
County:

School Information

Elementary School:
Middle School:
High School:

Description

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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Listings courtesy of Northeast Iowa Regional Board of REALTORS as distributed by MLS GRID. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MLS GRID or Vine Valley Real Estate. The use of the MLS GRID Data may be subject to an end user license agreement prescribed by Northeast Iowa Regional Board of REALTOR and may be amended from time to time. MLS Grid  logo Based on information submitted to the MLS GRID as of 2026-03-16T19:41:46.303 (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Click here for MLS GRID DMCA Notice
www.movewithvvre.com/homes/168613060
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1129 South Street Waterloo, IA 50702

  • Price: $169,000
  • Status: Active
  • On Site: 159 Days
  • Updated: 78 min ago
  • MLS #: 20254900
0
Beds
0
Baths
0
½ Baths
0.16
Acres
1899
Built
County:
Black Hawk
Elementary School:
Lowell
Middle School:
Bunger
High School:
West High
Property Description
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
Exterior Features

Construction Materials Vinyl Siding Lot Size Dimensions 49.00 x 140.00 Open Parking Spaces 3 Parking Features Over 1 SpaceNone Regular Irregular Reg Roof Tile Siding Vinyl

Interior Features

Above Grade Finished Area 912 Basement Stone/Rock Below Grade Finished Area 692 Cooling Central Air Laundry Features None Second Level Square Footage 846 Third Level Square Footage 0 Total Square Footage 1758

Property Features

Electric Separate By Unit No Flood Plain C/X - Not in Flood Plain For Sale Rent For Sale Fuel Type Natural Gas Heat Separate By Unit No Lease Term Other Property Sub Type Duplex Sewer Public Sewer Special Listing Conditions Normal Sale Tax Annual Amount 2435.56 Tenant Pays ElectricityGasHeat Utilities Garbage in RentWater in Rent Water Separate By Unit No Water Sewer Expense 0 Water Source Public Zoning R-4



Listings courtesy of Northeast Iowa Regional Board of REALTORS as distributed by MLS GRID. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MLS GRID or Vine Valley Real Estate. The use of the MLS GRID Data may be subject to an end user license agreement prescribed by Northeast Iowa Regional Board of REALTOR and may be amended from time to time. MLS Grid  logo Based on information submitted to the MLS GRID as of 2026-03-16T19:41:46.303 (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Click here for MLS GRID DMCA Notice
 
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Vine Valley Real Estate
808 E. 18th St.
Cedar Falls IA, 50613