911 Lafayette St, Waterloo, IA, 50703
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
Somewhat Walkable
Some Transit
Very BikeableSchools
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
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Strong Wind
- Tornado
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Iowa Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,365 | $16,380 |
| Home Insurance * | $474 | $5,688 |
| Property Taxes | $299 | $3,588 |
| Electricity | $270 | $3,251 |
| Total | $2,408 | $28,896 |
Income You'd Need if You Spent...
Iowa FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-02-06 | Listed for sale | $270,000 |
| 2026-02-06 | Listing removed | $270,000 |
| 2025-08-01 | Price change | $270,000 |
| 2025-05-23 | Listed for sale | $280,000 |
| 2023-07-13 | Sold | $207,000 |
| 2023-05-27 | Pending sale | $214,900 |
| 2023-05-25 | Price change | $214,900 |
| 2023-05-22 | Listed for sale | $219,900 |
| 2023-05-21 | Pending sale | $219,900 |
| 2023-05-01 | Listed for sale | $219,900 |
| 2022-04-15 | Sold | $205,000 |
| 2020-05-15 | Listing removed | $525 |
| 2020-04-27 | Price change | $525 |
| 2020-03-06 | Listed for rent | $550 |
| 2018-10-03 | Listing removed | $475 |
| 2018-09-18 | Listed for rent | $475 |
For Sale by Agent
View on Zillow