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911 Lafayette St, Waterloo, IA, 50703

--beds
--baths
3,632sqft
$270,000
$74price/sqft
$2,408/moest. monthly cost
$96,320/yrincome needed

About This Home

Don’t miss this exceptional opportunity to own a fully occupied, income-producing fourplex, just minutes from downtown Waterloo’s vibrant shopping, dining, and amenities. Each of the four 2-bedroom, 1-bath units offers approximately 900 sq. ft. of living space. Significant capital improvements have already been completed, making this a strong investment option: Updated LVP flooring in multiple units New high-efficiency furnace in one unit Updated bathroom fixtures, including a new toilet and shower City-approved, newly built deck servicing the two upper units This property is being sold “As Is”, presenting a turnkey investment with immediate rental income in place. Whether you're a seasoned investor or just entering the market, this is a rare opportunity to secure a well-maintained asset in a desirable, high-demand location. Schedule your private showing today—opportunities like this don’t last long!

Getting Around

70
WalkingSomewhat Walkable
36
TransitSome Transit
79
BikeVery Bikeable

Schools

3/10
Lowell Elementary SchoolGrades PK-50.8 mi
1/10
Central Middle SchoolGrades 6-83.5 mi
3/10
West High SchoolGrades 9-122.1 mi

Construction

Condition

  • Year built: 1904

Materials

  • Roof: Asphalt
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Quadruplex

Interior

Appliances

  • Laundry features: None

Basement

  • Has basement: Yes
  • Basement: Stone/Rock

Features

  • Finished area below ground: 1,816
  • Finished area above ground: 1,816

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Window Unit(s)

Interior Area

  • Total structure area: 3,632
  • Total interior livable area: 3,632 sqft

Property

Details

  • Parcel number: 891325130016
  • Zoning: R-M
  • Special condition: Standard

Features

  • Levels: Two

Lot

  • Lot size: 6,000 sqft
  • Lot size dimensions: 50x120

Parking

  • Total spaces: 4
  • Parking features: On Street,None
  • Has uncovered spaces: Yes
  • Uncovered spaces: 4