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About This Home

This 2-bedroom, 1-bathroom townhouse at 1237 W Mullan Avenue in Waterloo, IA is listed for $49,500 ($57 per sqft). Built in 1949, the home offers 864 sqft of living space on a 0.07 acres lot.

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.

Key Features

  • Built in 1949
  • 0.07 acre lot

Property Details

1 full
1949

Amenities

A/C

Monthly Cost Estimate

$265/mo

20% down · 6.5% · 30 years

Principal$36
Interest$215
Insurance$14

Estimates only. Actual payments may vary.

Location

1237 W Mullan Avenue

Waterloo, IA 50701

Property Details

Construction

Vinyl Siding

Heating

Forced Air

Cooling

Central Air

Questions & Answers

This 2-bedroom, 1-bathroom townhouse at 1237 W Mullan Avenue is listed at $49,500 ($57/sqft). The estimated monthly payment is $215 based on 20% down at 6.5% interest.

Key features include: Built in 1949, 0.07 acre lot.

This property is listed by Michael Taylor and can be reached at 3192393659 or mjt1825@aol.com.

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MT

Michael Taylor

Agent at Lockard Realty Company

(319) 239-3659

Listed by Lockard Realty Company · View on Broker Site

MLS# 20255975· Source: listhub· Updated 116 days ago

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.

1237 W Mullan Avenue, Waterloo, IA 50701

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