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.
For sale
Price cut: $2.5K (6/5)
$112,500
516 Upton Ave, Waterloo, IA 50701
2beds
616sqft
Est.:
Single Family Residence
Built in 1929
4,356 Square Feet Lot
$107,700 Zestimate®
$183/sqft
$-- HOA
What's special
- 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#: 20252401

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
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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