You will love the feel of this super clean, nicely updated, 2 bedroom, 1 1/2 bath unit! Both floors boast plenty of natural light through the newer vinyl windows. The upstairs has a wide open layout, with plenty of room for family and friends. It also has an ample kitchen with room for a dining table, as well as a 1/2 bath for guests. Off the living room is a deck overlooking the serene, wooded backyard. Downstairs are two updated bedrooms, a full bathroom, and laundry. There is also a one-stall attached garage. This is one of the nicest rental units you will find, located only a block from Lou Henry Elementary and Hoover Middle School. *Available February 1st. Tenants pay all utilities. No smoking allowed
Renter pays all utilities. No smoking allowed.
Potential reduction in rent for taking care of the mowing.
Sold for $325,000
$325,000
416 Colby Rd, Waterloo, IA 50701
2beds
1,273sqft
Apartment
Built in ----
-- sqft lot
$318,300 Zestimate®
$255/sqft
$1,588 Estimated rent
Home value
$318,300
$290,000 - $344,000
$1,588/mo
Zestimate® history
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What's special
Zillow last checked: 10 hours ago
Listing updated: February 02, 2026 at 11:26am
Source: Zillow Rentals
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Microwave, Oven, Refrigerator, Washer
- Laundry: In Unit
Features
- Flooring: Tile
Interior area
- Total interior livable area: 1,273 sqft
Property
Parking
- Parking features: Attached
- Has attached garage: Yes
- Details: Contact manager
Features
- Exterior features: Heating system: Forced Air, No Utilities included in rent
Details
- Parcel number: 881304253002
Construction
Type & style
- Home type: Apartment
- Property subtype: Apartment
Community & neighborhood
Location
- Region: Waterloo
HOA & financial
Other fees
- Deposit fee: $1,500
Other
Other facts
- Available date: 02/01/2026
Price history
| Date | Event | Price |
|---|---|---|
| 2/17/2026 | Listing removed | $1,450$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/1/2026 | Price change | $1,450-3.3%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/5/2026 | Listed for rent | $1,500+3.4%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/18/2024 | Listing removed | $1,450-3.3%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/2/2024 | Listed for rent | $1,500-5.1%$1/sqft |
Source: Zillow Rentals Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,825 +6.5% | $191,370 |
| 2023 | $3,592 +2.7% | $191,370 +17% |
| 2022 | $3,497 +6.5% | $163,550 |
Find assessor info on the county website
Neighborhood: 50701
Nearby schools
GreatSchools rating
- 3/10Lou Henry Elementary SchoolGrades: K-5Distance: 0.3 mi
- 6/10Hoover Middle SchoolGrades: 6-8Distance: 0.2 mi
- 3/10West High SchoolGrades: 9-12Distance: 0.6 mi
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