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About This Home
This 4-bedroom, 2-bathroom residential multi family at 1721 & 1723 Falls Avenue in Waterloo, IA is listed for $186,500. Built in 1913, on a 0.11 acres lot.
Don't miss this well-maintained side-by-side duplex located in a convenient west Waterloo neighborhood near University Avenue. Each unit offers approximately 900 square feet of comfortable living space, featuring 2 bedrooms and 1 bathroom-ideal for tenants or owner occupancy.
Both units include spacious layouts with large bedrooms, great kitchens, and full basements-perfect for storage or additional usable space. Tenants will appreciate the convenience of washer/dryer hookups, central air, and off-street parking. Recent updates include newer carpet on both sides, newer furnace/ AC units, and new water heaters.
The property also benefits from separate utilities, helping maximize investment potential. Situated close to shopping, dining, schools, and local attractions, this duplex offers strong rental appeal in a steady market. Whether you're looking to expand your investment portfolio or live in one unit while renting the other, this property is a smart and versatile opportunity.
Key Features
- Built in 1913
- 0.12 acre lot
- 2 stories
Property Details
Amenities
Monthly Cost Estimate
$997/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1721 & 1723 Falls Avenue
Waterloo, IA 50701
Features & Amenities
Exterior Features
Property Details
Construction
Pool Features
Heating
Cooling
Questions & Answers
This 4-bedroom, 2-bathroom residential multi family at 1721 & 1723 Falls Avenue is listed at $186,500. The estimated monthly payment is $808 based on 20% down at 6.5% interest.
Key features include: Built in 1913, 0.12 acre lot, 2 stories. Exterior Features: Patio.
This property is listed by Jordan Porter and can be reached at 4147045511 or porterjo1218@gmail.com.