# 1235 W Mullan Avenue, Waterloo, IA 50701

> **TL;DR:** 2bd/1ba townhouse, $49,500 ($57/sqft), built 1949, 864 sqft.
> A/C. Est. $215/mo. Listed 116 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $49,500 |
| Price/sqft | $57 |
| Bedrooms | 2 |
| Bathrooms | 1 full |
| Square Feet | 864 |
| Year Built | 1949 |
| Lot Size | 2,178 sqft (0.05 acres) |
| Property Type | Townhouse (Townhouse) |
| Status | For Sale |
| Days on Market | 116 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $215 |
| **Total** | **$215** |

## Nearby Schools

- **Elementary:** Irving Elementary
- **Middle:** Central
- **High:** East High

## Key Amenities

- A/C

## Property Highlights

- Built in 1949
- 0.05 acre lot

## Description

### Agent Description
Welcome to this affordable townhouse community, offering excellent investment potential. Each townhouse features a functional 2-bedroom, 1-bath layout and has a rental history ranging from $550-$650 per month per unit. A solid opportunity for investors seeking steady rental income in a practical, easy-to-maintain property or first time homebuyer.

## Location

- **Address:** 1235 W Mullan Avenue, Waterloo, IA 50701
- **County:** Black Hawk
- **Coordinates:** 42.49282, -92.356089
- **Google Maps:** https://www.google.com/maps?q=42.49282,-92.356089

## Listing Agent

- **Name:** Michael Taylor
- **Brokerage:** Lockard Realty Company
- **Phone:** 3192393659
- **Email:** mjt1825@aol.com

## Primary Photo

![1235 W Mullan Avenue - Primary Photo](http://lh.rdcpix.com/0df55619e79663aaf7c28e534bc0fb31l-f1258536067r.jpg)

*8 total photos available on [listing page](https://www.propertysimple.com/listing/1235-w-mullan-avenue-waterloo-ia-50701-20255974)*

---

**MLS#:** 20255974 | **Updated:** 2026-04-24
**Source:** listhub

*Copyright © 2026 Northeast Iowa Regional Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/1235-w-mullan-avenue-waterloo-ia-50701-20255974)

---

## Structured Data

```json
{
  "@context": "https://schema.org",
  "@type": "RealEstateListing",
  "name": "1235 W Mullan Avenue, Waterloo, IA 50701",
  "description": "Welcome to this affordable townhouse community, offering excellent investment potential. Each townhouse features a functional 2-bedroom, 1-bath layout and has a rental history ranging from $550-$650 per month per unit. A solid opportunity for investors seeking steady rental income in a practical, easy-to-maintain property or first time homebuyer.",
  "url": "https://www.propertysimple.com/listing/1235-w-mullan-avenue-waterloo-ia-50701-20255974",
  "image": "http://lh.rdcpix.com/0df55619e79663aaf7c28e534bc0fb31l-f1258536067r.jpg",
  "datePosted": "2026-04-24",
  "price": 49500,
  "priceCurrency": "USD",
  "address": {
    "@type": "PostalAddress",
    "streetAddress": "1235 W Mullan Avenue",
    "addressLocality": "Waterloo",
    "addressRegion": "IA",
    "postalCode": "50701",
    "addressCountry": "US"
  },
  "geo": {
    "@type": "GeoCoordinates",
    "latitude": 42.49282,
    "longitude": -92.356089
  },
  "numberOfRooms": 2,
  "numberOfBathroomsTotal": 1,
  "floorSize": {
    "@type": "QuantitativeValue",
    "value": 864,
    "unitCode": "FTK"
  },
  "yearBuilt": 1949
}
```