Don’t miss this exceptional opportunity to own a fully occupied, income-producing fourplex, just minutes from downtown Waterloo’s vibrant shopping, dining, and amenities. Each of the four 2-bedroom, 1-bath units offers approximately 900 sq. ft. of living space. Significant capital improvements have already been completed, making this a strong investment option: Updated LVP flooring in multiple units New high-efficiency furnace in one unit Updated bathroom fixtures, including a new toilet and shower City-approved, newly built deck servicing the two upper units This property is being sold “As Is”, presenting a turnkey investment with immediate rental income in place. Whether you're a seasoned investor or just entering the market, this is a rare opportunity to secure a well-maintained asset in a desirable, high-demand location. Schedule your private showing today—opportunities like this don’t last long!
For sale
$280,000
911 Lafayette St, Waterloo, IA 50703
--beds
--baths
3,632sqft
Est.:
Quadruplex
Built in 1904
-- sqft lot
$268,300 Zestimate®
$77/sqft
$-- HOA
What's special
City-approved newly built deckNew high-efficiency furnaceUpdated bathroom fixtures
- 18 days
- on Zillow |
- 164 |
- 4 |
Zillow last checked: 7 hours ago
Listing updated: May 28, 2025 at 04:01am
Listed by:
Brandie White 319-415-1414,
Berkshire Hathaway Home Services One Realty Centre
Source: Northeast Iowa Regional BOR,MLS#: 20252379

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Heating
- Forced Air
Cooling
- Window Unit(s)
Appliances
- Laundry: None
Features
- Basement: Stone/Rock
Interior area
- Total structure area: 3,632
- Total interior livable area: 3,632 sqft
- Finished area above ground: 1,816
- Finished area below ground: 1,816
Property
Parking
- Total spaces: 4
- Parking features: On Street, None
- Uncovered spaces: 4
Features
- Levels: Two
Lot
- Size: 6,000 Square Feet
- Dimensions: 50x120
Details
- Parcel number: 891325130016
- Zoning: R-M
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Vinyl Siding
- Roof: Asphalt
Condition
- Year built: 1904
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Paid by Individual, Garbage Pd by Individual, Gas Individual Meters
Community & HOA
Location
- Region: Waterloo
Financial & listing details
- Price per square foot: $77/sqft
- Tax assessed value: $111,670
- Annual tax amount: $1,893
- Date on market: 5/23/2025
- Lease term: Other
- Tenant pays: Electricity, Trash Collection, Gas, Heat
- Road surface type: Hard Surface Road
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