# 1721 & 1723 Falls Avenue, Waterloo, IA 50701

> **TL;DR:** 4bd/2ba residential multi family, $186,500, built 1913.
> A/C. Est. $808/mo. Listed 1 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $186,500 |
| Bedrooms | 4 |
| Bathrooms | 2 full |
| Year Built | 1913 |
| Lot Size | 5,009 sqft (0.11 acres) |
| Stories | 2 |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 1 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $808 |
| **Total** | **$808** |

## Nearby Schools

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

## Key Amenities

- A/C

## Property Highlights

- Built in 1913
- 0.12 acre lot
- 2 stories

## Description

### Agent Description
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.

## Location

- **Address:** 1721 & 1723 Falls Avenue, Waterloo, IA 50701
- **County:** Black Hawk
- **Coordinates:** 42.498559, -92.368115
- **Google Maps:** https://www.google.com/maps?q=42.498559,-92.368115

## Listing Agent

- **Name:** Jordan Porter
- **Brokerage:** Berkshire Hathaway Home Services One Realty Centre
- **Phone:** 4147045511
- **Email:** porterjo1218@gmail.com

## Primary Photo

![1721 & 1723 Falls Avenue - Primary Photo](http://lh.rdcpix.com/3a1a9607b2bdf8fdd41936abfac17bfel-f2083636593r.jpg)

*20 total photos available on [listing page](https://www.propertysimple.com/listing/1721-1723-falls-avenue-waterloo-ia-50701-20261435)*

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**MLS#:** 20261435 | **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/1721-1723-falls-avenue-waterloo-ia-50701-20261435)

---

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