Movoto Real Estate
Sold on 02/22/2026
Michael Taylor of Lockard Realty Company
  • Exterior
  • Bath
  • Other

627 Downing Ave, Waterloo, IA 50701

$51,250

Last sold 02/22/2026 after 72 Days

  • 2

    bed

  • 1

    bath

  • 651

    Sqft ($79/Sqft)

House not for sale

About 627 Downing Ave

Property type House
Year built 1929
HOA fee $0/month
Lot size 0.49 Acre
Rental estimate
Property description
Welcome to this affordable and well-located 2-bedroom, 1-bathroom home, offering comfort, convenience, and excellent potential for both owner-occupants and investors alike. Situated in a central location close to schools, parks, shopping, and major routes, this property delivers everyday ease at a price that’s hard to find. Whether you’re looking for a budget-friendly home or a reliable investment opportunity, this property checks all the boxes.
Listed by
Listing Agent - Michael Taylor
Listing Agent Contact: 319-277-8000
Listing Office - Lockard Realty Company
Source: Northeast Iowa Regional BOR mls logo
MLS#20255914 • last updated 7 months ago
Movoto checked Northeast Iowa Regional BOR for data 5 minutes ago
Overview
Cooling/AC Ceiling Fan(s)
Heating Natural Gas
Type Residential
Lot Size (Acres) 0.49
Year Built 1929
Interior
# Full Baths 1
# Bedrooms 2
Basement Block
Fireplace None
Exterior
Construction Wood Siding
# Carport Spaces 1
Amenities / Utilities
Sewer/ Septic Public Sewer
Water Source Public
Location
County Black Hawk
Elementary School Fred Becker Elementary
High School East High
Middle School Central Intermediate
Zoning A-1
Lot/ Land Details
Road Surface Other
Rental est.: $739/month
Gross rent multiplier: 5.8 - Great
  • Mar 2026
    mls logo MLS # 20255914
  • Mar 23, 2026 Sold
    $51,250 (-14.4%)
  • Feb 22, 2026 Pending
    —
  • Dec 30, 2025 Price Change
    $59,900 (-7.7%)
  • Dec 12, 2025 Listed
    $64,900
  • Year Property taxes Tax assessment
  • 2023
    $1,278 +5.6%
    $63,950
  • 2022
    $1,210 +2.7%
    $63,950 +16.02%
  • 2021
    $1,179 +17.4%
    $55,120
  • 2020
    $1,004 +0.8%
    $55,120 +24.37%
  • 2018
    $996 +0.8%
    $44,320
  • 2017
    $988 -2.9%
    $44,320
  • 2016
    $1,018 +1.2%
    $44,320
  • 2015
    $1,006 -1.8%
    $44,320
  • 2014
    $1,024
    —
  • 627 Downing Ave
    $51.2K
  • —
  • 50701
    $232K +3% y/y
  • Waterloo
    $193K +4% y/y
No chart available
Statistics calculated by Movoto
Est. value Bed/bath Sqft mi
705 Downing Ave, Waterloo, IA 50701 $150,000 2/1 832 0.01
623 Downing Ave, Waterloo, IA 50701 $133,000 2/1 768 0.02
709 Downing Ave, Waterloo, IA 50701 $152,000 2/1 792 0.02
1240 Evergreen Ave, Waterloo, IA 50701 $122,000 2/1 720 0.03
1241 Evergreen Ave, Waterloo, IA 50701 $159,000 2/1 1,206 0.03
1236 Evergreen Ave, Waterloo, IA 50701 $138,000 3/1 836 0.03
609 Downing Ave, Waterloo, IA 50701 $126,000 2/1 780 0.04
715 Downing Ave, Waterloo, IA 50701 $163,000 3/1 964 0.04

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.

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5/10
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Source: GreatSchools.org © 2026. All rights reserved.

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