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$350,000
20251283 MLS
Welcome to the Gasser Building! Offering a unique blend of commercial and residential opportunities. This 9,344 SF building sits on .18 acres in the heart of downtown Waterloo. The building features (3) commercial units and (3) residential units. The commercial suites are roughly (+/-) 1,500 SF featuring historical touches throughout. One unit is currently leased and two units are ready to be white-boxed and re-leased. The three residential units include a mix of floorplans: Two units with (2) bedrooms and (2) bathrooms, and one unit with (2) bedrooms and (1) bathroom. Each unit features a beautiful historic fireplace, an in-unit washer and dryer, and original hardwood flooring throughout. The building’s central location provides easy access to local amenities, making it an ideal spot for tenants seeking visibility, foot traffic, and proximity to a surplus of retailers and restaurants. The property is located in the Downtown TIF district and opportunity zone with incentives available. With its rich history and modern upgrades, the Gasser Building presents a rare opportunity for a viable restoration project for the commercial units, and cash-flow on the residential units.

632 Sycamore Street, Waterloo

$279,000
3 Beds 2 Baths 20250890 MLS
Tucked into the heart of a new Waterloo neighborhood, this home sits where the former Edison Elementary once stood, bringing a fresh chapter to this familiar site. The thoughtfully designed floor plan includes three bedrooms, two bathrooms, and an unfinished lower level that’s ready to be transformed into whatever fits your needs. The home’s exterior has charming touches, and inside, quartz countertops and Aristokraft cabinets add a touch of quality and style to everyday living. This neighborhood feels like a true community, with a new park nearby, perfect for gathering with neighbors. Partial tax abatement from the City of Waterloo, it’s a great opportunity to settle into a vibrant, welcoming development.

124 Axlewood Drive, Waterloo

$286,500
3 Beds 2 Baths 20250888 MLS
Imagine starting each day in a home that effortlessly combines comfort with style, set right in the heart of Cedar Valley. This vibrant neighborhood, once the grounds of Edison Elementary, has been reimagined into a new community ready for memories waiting to be made. Step inside this brand-new residence and feel its potential—from three spacious bedrooms and two bathrooms to an unfinished lower level that invites your personal touch, whether for a cozy hideaway, creative studio, or lively entertainment space. Every detail has been carefully considered, from the distinctive exterior accents to the beautiful quartz countertops and sleek Aristokraft cabinetry. Outside, the neighborhood unfolds as more than a place to reside; it’s a community that fosters connection and camaraderie, with a new park serving as the perfect spot to gather and make memories with neighbors. Partial tax abatement in the City of Waterloo, this home offers not just a lifestyle but peace of mind. The next chapter of this community’s story could start with you.

118 Axlewood Drive, Waterloo

$179,900
20250649 MLS
IMPROVED PRICE - REDUCED!! TAKE ADVANTAGE!! Acquire a prime business opportunity in Oelwein, IA. This remodeled restaurant boasts a rich history of serving delicious homemade food, complemented by a fortunate ownership experience. Ample parking, easy accessibility and a friendly staff await. The cleanest restaurant in town; it features recent improvements and equipment less than 5 years old, ensuring mechanical soundness. Numerous additional amenities are available. Please inquire for a comprehensive list. Key features include office space, dual bathrooms, a spacious kitchen, storage room and a large shed for storage and materials, assessible from the rear alley. This turn-key business is ready for immediate operation. Schedule a tour today and enjoy a complementary cup of coffee while exploring this exceptional opportunity.

114 S Frederick, Oelwein

$214,900
4 Beds 2 Baths 20250616 MLS
Check out this new listing in the quaint town of Sumner! As soon as you walk in, you are greeted by a beautiful open floor plan featuring original woodwork and stunning original windows. The home was completely remodeled in 2018, transforming it into a spacious dining room that leads into a well-appointed living room, complete with a fireplace and a bar with built-in cabinets. The remodel included new wood flooring and new electrical wiring, while the gorgeous original woodwork remains throughout the home. The front entry serves nicely as a sunroom, allowing natural light to flood in. The master bedroom boasts a large walk-in closet, and there are full bathrooms on both levels for added convenience. Each level of the house has its own thermostat, ensuring your comfort in any season. The recent weatherization of the entire home includes a new furnace, water heater, and upgraded windows, along with brand-new insulation throughout. Enjoy your days and evenings in the large patio and fenced backyard. Also featuring a three deep garage with a door on each end for added convenience. Contact me today for your private showing!

208 W 6th St., Sumner

$1,650,000
20244370 MLS
Discover a lucrative investment opportunity with this 32-unit property in Waterloo. Ideal for investors seeking a stable income stream, this well-maintained complex offers spacious two-bedroom, one-bathroom units with full basements. 32 Rental Units: Solid history of 95%+ occupancy Two-Bedroom, One-Bathroom Units: Comfortable and practical layouts. Full Basements: Additional storage space for tenants. Tenant Responsibilities: Electric, water, gas, and sewer bills, ensuring efficient cost management. Landlord Responsibilities: Trash, lawn care, and snow removal, providing added convenience for tenants. This prime location offers easy access to local amenities, schools, hospitals, and transportation. Don't miss out on this exceptional investment opportunity. Contact us today to schedule a viewing!

211 Madison Street, Waterloo