$159,000

1129 South Street, Waterloo, IA 50702

  • 1,758 sqft
  • Property Icon Duplex
  • Property Year Built Icon Built in 1899
  • Property Lot Size Icon6,970sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $90/sqft
  • Property List Date Icon Listed 6 months ago

Property Description

Investor Alert! 1129 South St, Waterloo, IA 50702 Turnkey income opportunity with recent updates throughout! This duplex-style property offers two self-contained units ready to rent or occupy. The main-level unit features 1 bedroom, 1 bath, and a full kitchen, while the upper unit includes 2 bedrooms, 1 bath, a spacious living room, and a full kitchen — perfect for maximizing returns or house hacking. Enjoy peace of mind with a new roof installed in 2020, plus a new deck and patio area ideal for tenants or outdoor entertaining. With modern updates, separate living spaces, and a prime location near schools, parks, and downtown Waterloo, this property stands out as a strong, low-maintenance investment. Solid rental demand, great curb appeal, and reliable cash flow potential — don’t miss this updated Waterloo duplex! Property can be sold together in a package along with 408/410 E 8th St, 827 W 7th St, and 1310 South St. in a package deal

Listing Status:
Active
Data Last Updated:
April 5, 2026 at 6:19AM
Listing Office:
Four Seasons Realtors Inc : 319-274-8080
Listing Agent:
Justin Finn :
MLS ID:
20254900
  • Laundry: None
  • Basement: Stone/Rock
  • A/C: Central Air
  • Parking: Over 1 SpaceNoneParking spaces: 0
  • Roofing: Tile
  • Originating MLS: neirbr
  • County: Black Hawk
  • Zoning: R-4HAMMOND AND HURDS SUBDIVISION LOT 1 BLK 1891325307023
  • Utilities: Garbage in RentWater in Rent
  • Water: Public
  • Sewer: Public Sewer
  • Source: neirbr

This listing courtesy of Justin Finn , Four Seasons Realtors Inc

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

I

Irving Elementary School

1115 W 5th St, Waterloo, IA, 50702

Grades KG-5

0.56 miles away

E

Expo Alternative Learning Center

1410 Independence Ave, Waterloo, IA, 50703

Grades 6-12

1.71 miles away

W

Waterloo West High School

425 E Ridgeway Ave, Waterloo, IA, 50702

Grades 9-12

1.38 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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