918-920 W 4th St, Waterloo, IA, 50702
About This Home
Don't miss out on this excellent investment opportunity in Waterloo! This unique property includes three parcels totaling 0.47 acres, offering both immediate income and long-term potential. Two fully occupied rental units with separate entrances generating steady income: Unit 1: $700/month and Unit 2: $825/month. Recently built a 2-stall garage with garage door openers. Includes an additional vacant lot — perfect for future development or added yard space. With consistent rental income already in place and room to expand or enhance, this is an ideal opportunity for investors looking to grow their portfolio in a high-demand area. Schedule your showing today and discover the possibilities this multi-parcel property has to offer! Property is being sold "as is"
Getting Around
Very Walkable
Some Transit
BikeableSchools
Construction
Condition
- Year built: 1950
Materials
- Roof: Asphalt
- Construction materials: Vinyl Siding
Type & Style
- Home type: MultiFamily
- Property subType: Duplex
Interior
Appliances
- Laundry features: Lower Level
Basement
- Has basement: Yes
- Basement: Block
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 1
Features
- Finished area below ground: 1,152
- Finished area above ground: 1,542
Heating & Cooling
- Heating features: Forced Air,Natural Gas
- Cooling features: Central Air
Interior Area
- Total structure area: 1,152
- Total interior livable area: 1,152 sqft
Property
Details
- Parcel number: 891326328038
- Zoning: R-4
- Special condition: Standard
Features
- Levels: One
Lot
- Lot size: 10,070 sqft
- Lot size dimensions: Irregular
Parking
- Total spaces: 6
- Parking features: Parking Space,Detached
- Has uncovered spaces: Yes
- Uncovered spaces: 6
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
- Winter Weather
- Hail
- Tornado
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 | $935 | $11,220 |
| Home Insurance * | $156 | $1,872 |
| Property Taxes | $205 | $2,460 |
| Electricity | $121 | $1,452 |
| Total | $1,417 | $17,004 |
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)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-03-24 | Price change | $184,999 |
| 2025-10-03 | Listed for sale | $189,999 |
| 2024-03-29 | Sold | $130,000 |
| 2024-02-27 | Pending sale | $132,750 |
| 2024-02-21 | Listed for sale | $132,750 |
For Sale by Agent
View on Zillow