704 W 1st Street, Waterloo, IA

$76,900

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1,604

Square feet

About 704 W 1st Street

Up-and-down duplex with charming wood Craftsman features throughout. Each unit includes 1 bedroom, 1 bathroom, and a spacious living room. Total monthly rent is $1,345, with the lower unit renting for $595 and the upper unit renting for $750. Tenants pay utilities, while the landlord covers water, averaging $278 per quarter. Both units feature newer appliances. With rents well above the 1% rule, this is a strong investment opportunity and a must-see property.

Features of 704 W 1st Street

MLS® # 20261867
Price $76,900
Square Footage 1,604
Year Built 1915
Type Residential Income
Sub-Type Duplex
Status Active

Community Information

Address 704 W 1st Street
City Waterloo
County Black Hawk
State IA
Zip Code 50701

Amenities

Utilities Separate Meters
Parking Spaces 4
Parking On Street, None
Is Waterfront No

Interior

Heating Forced Air
Cooling Central Air
Fireplace No

Exterior

Lot Description Multiple Houses
Roof Asphalt
Construction Vinyl Siding

School Information

Elementary Irving Elementary
Middle Central MS - Waterloo CSD
High West High

Additional Information

Date Listed May 1st, 2026
Days on Market 21
Zoning R-1
Short Sale No
RE / Bank Owned No

Listing Details

AgentDerick Rogers
OfficeRealty ONE Group Movement

Listing Map

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