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$173,900
20255353 MLS
Infill Grants and Consolidated Urban Revitalization Area! 6 Parcels and 6 Acres of Beautiful Wooded Land – Could Subdivide Discover the ideal setting for your future home or small acreage development! This 6-acre wooded property offers privacy, space, and natural beauty — all within reach of modern conveniences. The parcels are located in the Consolidated Urban Revitalization Area, which provides tax abatement for new home construction on a 10-year graduated scale or a 3 year at 100% schedule. I have attached the application and FAQ sheet to give you more information about the program. The Maywood Neighborhood is also eligible for the infill housing grant of $7,500 per unit for new homes built with a Development Agreement. Property Highlights: •6 Acres of Mature Trees – Peaceful, shaded, and full of character. •Perfect for a Home Acreage – Create your dream retreat surrounded by nature. •City Utilities Available – Enjoy the comfort of city water, sewer, and power at the property line. •Flexible Options – Will subdivide if needed to fit your plans or multiple building sites. •Convenient Location – Close to town, schools, and main roads, yet tucked away for privacy. Whether you’re looking to build a single dream home, create multiple home sites, or invest in land with excellent potential, this property offers the best of both worlds — rural tranquility and city convenience. Don’t miss this opportunity! Contact today for more details or to schedule a tour of the property. Blake Keating: 319-480-4213

Maywood Avenue, Waterloo

$184,999
20254849 MLS
Don't miss out on this excellent investment opportunity in Waterloo! This unique property includes three parcels totaling 0.47 acres, offering both immediate income and long-term potential. Two fully occupied rental units with separate entrances generating steady income: Unit 1: $700/month and Unit 2: $825/month. Recently built a 2-stall garage with garage door openers. Includes an additional vacant lot — perfect for future development or added yard space. With consistent rental income already in place and room to expand or enhance, this is an ideal opportunity for investors looking to grow their portfolio in a high-demand area. Schedule your showing today and discover the possibilities this multi-parcel property has to offer! Property is being sold "as is"

918-920 W 4th Street, Waterloo

$65,000
3 Beds 2 Baths 20254658 MLS
2 story house with 3 bedrooms and 1.75 bathrooms. Full unfinished basement. All offers from interested buyers must be entered online at www.auction.com for the duration of the time that this property is in auction. Registration to bid is now available on the property's listing page on www.auction.com An offer management fee of $200 (plus sales tax, where applicable) is charged by Pyramid Platform in connection with the use of Propoffers.com. This fee will be paid at closing from the agent representing the buyer as selling agent or transaction broker. Subject to seller addendum For financed offers EMD to be 1% or $1000 whichever is greater and for cash/hardmoney offers EMD to be 5% or $5000 whichever is greater. EMD to be held by seller's title or attorney. All offers are subject to OFAC clearance. A viewing release must be signed and returned to our office before showing this property.

56 Lafayette Street, Waterloo

$995,000
20254448 MLS
This prime industrial warehouse is now available for immediate occupancy, offering a rare opportunity for an owner-user or investor to acquire a high-velocity logistics hub. Strategically positioned as a vital transfer station, the facility features an exceptional 30 loading dock doors, providing an incredible ratio for maximum operational efficiency and high-volume freight movement. The building encompasses a total of 11,880 square feet, including 10,530 sq. ft. of high-capacity warehouse space designed for rapid distribution and 1,350 sq. ft. of turnkey office space for administrative support. The property is situated on a generous 5.35-acre site with flexible M-2/P zoning, allowing for substantial outdoor storage, heavy trailer parking, or potential future expansion. Located in the established Midport Blvd industrial area of Waterloo, the facility ensures excellent regional connectivity with immediate access to Airline Highway and nearby Highway 20. With estimated operating expenses at a favorable $4.05 PSF, this site is perfectly positioned for a business looking to capitalize on a prime location with a massive real estate footprint.

2535 Midport Boulevard, Waterloo

$275,000
20254202 MLS
Positioned at a high-visibility intersection with an impressive 13,220 Average Daily Traffic Count (ADT), 701 Franklin Street offers a rare opportunity in Waterloo’s Central Business District. This versatile commercial space features a large sales floor/lobby, two private offices, and one bathroom, making it ideal for a variety of uses including automotive, retail, restaurant, or service-based businesses. The property includes an auto mechanic shop with two overhead doors (13’ x 10’), ideal for vehicle access or deliveries. Situated on three parcels with a large parking field, it provides ample space for customers and operations alike. Surrounded by key landmarks like Waterloo City Hall, the Black Hawk County Courthouse, and East High School, this location combines visibility, functionality, and central convenience.

701 Franklin St Street, Waterloo

$1,650,000
20254153 MLS
This is the kind of asset every investor is looking for—24 fully occupied, low-maintenance units in a prime Waterloo location. Located at 611 & 619 Johnson Avenue, this multifamily package features two 12-unit buildings, each comprised entirely of 2 bed / 1 bath units with in-unit laundry—a key amenity that drives tenant demand and reduces turnover. Each unit is individually metered, with tenants paying electric, gas, water, and sewer. Landlord responsibility is limited to trash, lawn care, and snow removal, making this an exceptionally easy property to manage. The property also includes on-site garages, providing additional value and rental upside. These buildings are clean, simple, and operate efficiently. With strong rental history, desirable unit layouts, and minimal owner involvement, this is a high-yield, low-effort investment opportunity that would be a solid addition to any portfolio.

611-619 Johnson Avenue, Waterloo

$375,000
3 Beds 2 Baths 20254111 MLS
Welcome to this brand-new Skogman Homes build in the desirable Lincolnshire Addition of Waterloo! This 3-bedroom, 2-bathroom ranch offers 1,514 square feet of thoughtfully designed living space with today’s most sought-after features. Step inside to find vaulted ceilings, luxury vinyl plank flooring, and upgraded cabinetry throughout. The open-concept kitchen boasts quartz countertops, ample storage, and a seamless flow into the dining and living areas—perfect for entertaining or relaxing at home. The spacious primary suite includes a private bath and walk-in closet, while two additional bedrooms provides flexibility for family, guests, or a home office. The lower level is unfinished but offers endless potential with roughed-in plumbing for a future bathroom. Outside, enjoy serene views as the backyard backs up to open fields, creating both privacy and a natural backdrop. A 2-stall attached garage provides convenience and storage. Located just minutes from shopping, restaurants, and Sunnyside Country Club, this home combines quiet surroundings with easy access to all Waterloo has to offer. Backed by the quality and reputation of Skogman Homes, this is a perfect opportunity to own new construction in a fantastic neighborhood. Don’t miss your chance to make this home yours!

3335 Lincolnshire Road, Waterloo

$366,000
2 Beds 2 Baths 20254110 MLS
Welcome to this brand-new Skogman Homes build in the desirable Lincolnshire Addition of Waterloo! This 2-bedroom, 2-bathroom ranch offers 1,351 square feet of thoughtfully designed living space with today’s most sought-after features. Step inside to find 9’ ceilings, luxury vinyl plank flooring, and upgraded cabinetry throughout. The open-concept kitchen boasts quartz countertops, ample storage, and a seamless flow into the dining and living areas—perfect for entertaining or relaxing at home. The spacious primary suite includes a private bath and walk-in closet, while an additional bedrooms provides flexibility for family, guests, or a home office. The lower level is unfinished but offers endless potential with roughed-in plumbing for a future bathroom. Outside, enjoy serene views as the backyard backs up to open fields, creating both privacy and a natural backdrop. A 2-stall attached garage provides convenience and storage. Located just minutes from shopping, restaurants, and Sunnyside Country Club, this home combines quiet surroundings with easy access to all Waterloo has to offer. Backed by the quality and reputation of Skogman Homes, this is a perfect opportunity to own new construction in a fantastic neighborhood. Don’t miss your chance to make this home yours!

3329 Lincolnshire Road, Waterloo

$366,000
3 Beds 2 Baths 20254109 MLS
Welcome to this brand-new Skogman Homes build in the desirable Lincolnshire Addition of Waterloo! This 3-bedroom, 2-bathroom ranch offers 1,488 square feet of thoughtfully designed living space with today’s most sought-after features. Step inside to find 9’ ceilings, luxury vinyl plank flooring, and upgraded cabinetry throughout. The open-concept kitchen boasts quartz countertops, ample storage, and a seamless flow into the dining and living areas—perfect for entertaining or relaxing at home. The spacious primary suite includes a private bath and walk-in closet, while two additional bedrooms provide flexibility for family, guests, or a home office. The lower level is unfinished but offers endless potential with roughed-in plumbing for a future bathroom. Outside, enjoy serene views as the backyard backs up to open fields, creating both privacy and a natural backdrop. A 2-stall attached garage provides convenience and storage. Located just minutes from shopping, restaurants, and Sunnyside Country Club, this home combines quiet surroundings with easy access to all Waterloo has to offer. Backed by the quality and reputation of Skogman Homes, this is a perfect opportunity to own new construction in a fantastic neighborhood. Don’t miss your chance to make this home yours!

3325 Lincolnshire Road, Waterloo

$122,000
20252941 MLS
Now you are at the right place, where everyone wants to know your name, why? Because you might have a reservation for dinner across the street at the infamous Hickory House!! The Park Road Inn is where you have been going for a very long time for your pre or post dinner gathering, fun times with family and friends can happen any day of the week with two times a week of Karaoke!! Surround your life with a great clientele list of regulars and make new friends when they come in. there have been plenty of updates at the Park Road Inn New Plumbing, security system, furnace, roof, siding, ac, flooring, kitchenette, updated seated and gaming room. There is an added Parcel for all the parking you'll need to handle your special events and what not.

306 Park Road, Waterloo

$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