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Sold on 07/21/2024
Kendra Bumblauskas of Structure Real Estate

157-159 Dearborn Ave, Waterloo, IA 50703

  • $82,000

    Last sold 07/21/2024 after 33 Days

  • —

    bed

  • —

    bath

Multi-family not for sale
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About 157-159 Dearborn Ave

Property type Multi-family
Year built 1935
HOA fee $0/month
Lot size 8,520 Sqft
Rental estimate
Property description
This parcel includes two single family homes that are one bedroom/one bath each. Both units are currently rented. 157 is 440 sf; while 159 is 480 sf and includes a detached garage. Great opportunity for a turn-key cash flow property. P&L are available for the past three years upon request.
Listed by
Listing Agent - Kendra Bumblauskas
Listing Office - Structure Real Estate
Source: Northeast Iowa Regional BOR mls logo
MLS#20242585 • last updated 1 year ago
Movoto checked Northeast Iowa Regional BOR for data 24 minutes ago
Overview
Cooling/AC None
Type Residential Income
Lot Size (Acres) 0.2
Year Built 1935
Interior
Basement Block
Laundry Dryer Hookup-Gas, Washer Hookup
Exterior
Construction Vinyl Siding
# Open Parking Spaces 1
Amenities / Utilities
Sewer/ Septic City Sewer
Utilities Cable Paid By Individual, Elec Individual Meters, Garbage Pd By Individual, Gas Individual Meters, Separate Meters, Water - Multiple Meters
Water Source City
Location
County Black Hawk
Elementary School Highland Elementary
High School East High
Middle School George Washington Carver Academy
Zoning R-2
Multifamily Details
Tenant Pays Electricity, Garbage Pick-up, Gas, Heat, Lawn Care, Snow Removal, Trash Collection, Water
Rental est.: $784/month
Gross rent multiplier: 8.7 - Good
  • Aug 2024
    mls logo MLS # 20242585
  • Aug 29, 2024 Sold
    $82,000 (-8.8%)
  • Jul 22, 2024 Pending
    —
  • Jul 2, 2024 Listed
    —
  • Jun 24, 2024 Pending
    —
  • Jun 18, 2024 Listed
    $89,950
  • 157-159 Dearborn Ave
    $82K
  • —
  • 50703
    $104K +5% y/y
  • Waterloo
    $188K -5% y/y
No chart available
Statistics calculated by Movoto

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4/10
Highland Elementary School
public Grades PK, K-5
Waterloo Community School District
2/10
East High School
public Grades 9-12
Waterloo Community School District
Source: GreatSchools.org © 2026. All rights reserved.

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