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For sale
  • Price cut: $2.5K (6/5)
    $112,500

    516 Upton Ave, Waterloo, IA 50701

    2beds
    616sqft
    : 
    Single Family Residence
    Built in 1929
    4,356 Square Feet Lot
    $107,700 Zestimate®
    $183/sqft
    $-- HOA

    What's special

    Investor's dream! This 2-bedroom, 1-bathroom single-family home offers steady rental income from reliable tenants and includes basement bonus room—ideal for use as a non-conforming third bedroom, home office, or flex space. This property is ideal for investors seeking a turnkey rental with immediate income. Conveniently located near Ansborough and University, this is a fantastic opportunity to expand your portfolio in a strong rental market.
    15 days
    on Zillow
    |
    669
    |
    29
    |

    Zillow last checked: 7 hours ago

    Listing updated: June 07, 2025 at 04:01am

    Listed by:

    Lindsey Bierman 319-560-0460,

    Epique Realty

    Source: Northeast Iowa Regional BOR,MLS#: 20252401MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 516 Upton Ave.

    Next available tour time:Tuesday at 9am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Rooms
    • Room types: 1st Floor Entry
    Other
    • Level: Upper
    Other
    • Level: Main
    Other
    • Level: Lower
    Kitchen
    • Level: Main
    Living room
    • Level: Main
    Heating
    • Natural Gas
    Cooling
    • Ceiling Fan(s), Central Air
    Appliances
    • Included: Humidifier, Free-Standing Range, Refrigerator
    • Laundry: Lower Level
    Features
    • Basement: Block,Unfinished
    • Has fireplace: No
    • Fireplace features: None
    Interior area
    • Total interior livable area: 616 sqft
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: None
    Lot
    • Size: 4,356 Square Feet
    • Dimensions: 40x110
    Details
    • Parcel number: 891322155009
    • Zoning: R1-SF
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Hardboard Siding
    • Roof: Asphalt
    Condition
    • Year built: 1929

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Security: Smoke Detector(s)
    Location
    • Region: Waterloo

    Financial & listing details

    • Price per square foot: $183/sqft
    • Tax assessed value: $67,590
    • Annual tax amount: $1,167
    • Date on market: 5/24/2025
    • Total actual rent: 975
    • Road surface type: Alley Paved, Hard Surface Road
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