157-159 Dearborn Ave, Waterloo, IA 50703
Property image
Property image
OFF MARKET

$90,400

Trulia Estimate
  • Studio
  • 440 sqft

157-159 Dearborn Ave, Waterloo, IA 50703

Est. Refi. Payment $650/mo*
Refinance Your Home
Currently Off Market - Sold Aug 29, 2024 for $82,000

Home Value

Trulia Estimate
$90.4K
Since last month
Decreased$1K (-1.4%)
Since last year
Increased$6K (+7.3%)
Since last sale
Increased$9K (+10.9%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +11% in the last 10 years
MonthEstimated value
2026
August 2026$91K
August 2026$90K
July 2026$92K
June 2026$89K
May 2026$82K
April 2026$91K
March 2026$83K
February 2026$83K
January 2026$83K
2025
2024

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1113 Mulberry St, Waterloo, IA
0.89
Multi-Family Home
$70,000
12/08/25
-
1,948
320 Ohio St, Waterloo, IA
0.97
Multi-Family Home
$162,000
08/28/26
2
-
1,440
1013 Mulberry St, Waterloo, IA
0.96
Multi-Family Home
$70,000
11/07/25
-
1,558
1116 Mulberry St, Waterloo, IA
0.90
Multi-Family Home
$147,000
10/15/25
4
2
1,728
408-410 E 8th St, Waterloo, IA
0.98
Multi-Family Home
$75,000
01/16/26
-
1,848
1007-1009 Mulberry St, Waterloo, IA
0.97
Multi-Family Home
$14,643
12/08/25
-
3,340
1002-1004 Randolph St, Waterloo, IA
1.43
Multi-Family Home
$105,000
09/08/25
-
1,666
303 Franklin St, Waterloo, IA
1.47
Multi-Family Home
$50,000
10/10/25
-
3,212
1607-1609 Randolph St, Waterloo, IA
1.46
Multi-Family Home
$150,000
05/20/26
-
1,269
303 Logan Ave, Waterloo, IA
1.68
Multi-Family Home
$80,000
12/08/25
-
2,656

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
262 Cottage Grove Ave, Waterloo, IA 50703
0.04
$128,400
2
2
1,324
Recently Sold
615 Indiana St, Waterloo, IA 50703
0.08
$163,800
3
2
2,000
Off Market
609 Indiana St, Waterloo, IA 50703
0.08
$140,500
3
1
1,378
Off Market
234 Cottage Grove Ave, Waterloo, IA 50703
0.06
$53,400
3
1
1,126
Off Market
239 Cottage Grove Ave, Waterloo, IA 50703
0.08
$70,600
3
1.5
1,464
Off Market
135 Dearborn Ave, Waterloo, IA 50703
0.04
$50,000
2
1
778
Recently Sold
142 Dearborn Ave, Waterloo, IA 50703
0.04
$117,900
3
1.5
1,210
Off Market
551 Indiana St, Waterloo, IA 50703
0.08
$61,400
3
1
1,264
Off Market
723 Indiana St, Waterloo, IA 50703
0.13
$78,100
2
1
732
Off Market
309 Dearborn Ave, Waterloo, IA 50703
0.12
$67,000
2
1
844
Off Market
2169 Lafayette St, Waterloo, IA 50703
0.08
$126,500
2
1
1,251
Off Market

Local Information

  • Map ViewExplore the area around 157-159 Dearborn Ave.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Multi-Family
Built in 1935
440 sqft
$205/sqft
Garage

About this House

This parcel includes two single family homes that are one bedroom/one bath each. Both units are currently rented. 157 is 440 sf; while 159 is 480 sf and includes a detached garage. Great opportunity for a turn-key cash flow property. P&L are available for the past three years upon request.
157-159 Dearborn Ave, Waterloo, IA 50703 is a studio, 440 sqft multi-family built in 1935. It last sold for $82,000 on Aug 29, 2024 (9% below the $89,950 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $90,400, with a rent estimate of $668/month.
Last check for updates: 1 day ago
Listed by Kendra Bumblauskas, (319) 229-0129
Structure Real Estate
Elke M Gerdes, (319) 240-3034
Structure Real Estate
Bought with: Leeann Sires, (319) 433-8850, EPM, Iowa
Source: Northeast Iowa Regional BOR as distributed by MLS GRID, MLS#20242585

Home Details for 157-159 Dearborn Ave

Interior Features

Interior Details
Basement: Block
Dimensions and Layout
Living Area: 440 Square Feet
Appliances & Utilities
Utilities: Cable Paid by Individual, Elec Individual Meters, Garbage Pd by Individual, Gas Individual Meters, Separate Meters, Water - Multiple MetersLaundry: Gas Dryer Hookup,Washer Hookup
Heating & Cooling
No CoolingAir Conditioning: None

Exterior Features

Exterior Home Features
Roof: Asphalt
Parking & Garage
Open Parking Spaces: 1GarageHas Open ParkingParking Spaces: 1Parking: Garage,Parking Space,Detached
Water & Sewer
Sewer: Public Sewer
Finished Area
Finished Area (above surface): 440 Square FeetFinished Area (below surface): 440 Square Feet

Days on Market

Cumulative Days on Market: 33

Property Information

Year Built
Year Built: 1935
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Duplex
Building
Construction Materials: Vinyl Siding
Property Information
Parcel Number: 891230302013

Price & Status

Price
List Price: $89,950
Status Change & Dates
Off Market Date: Sun Jul 21 2024

Active Status

MLS Status: Closed

Location

Direction & Address
City: Waterloo
School Information
Elementary School: Highland ElementaryJr High / Middle School: George Washington Carver AcademyHigh School: East High

Building

Building Area
Building Area: 440 Square Feet

Lot Information

Lot Area: 8712 sqft

Listing Info

Special Conditions: Standard

Business

Expense
Tenant Pays: Electricity, Trash Collection, Gas, Heat, Grounds Care, Snow Removal, Water

Miscellaneous

BasementMls Number: 20242585Above Grade Unfinished Area: 440

Price and Tax history

DateEventPrice
Aug 29, 2024
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20242585
Sold
$82,000
Jul 22, 2024
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20242585
Pending
$89,950
Jul 2, 2024
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20242585
PendingToActive
$89,950
Jun 25, 2024
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20242585
Pending
$89,950
Jun 19, 2024
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20242585
Listed For Sale
$89,950

Market trends in Waterloo

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$194K
$6KMoM
Sale-to-List Price
99.1%
0.1%MoM
Price per sq ft
$126
$0MoM
Available listings
242
5MoM

Around this home

What Locals Say about Waterloo

At least 264 Trulia users voted on each feature.

  • 89 % Say car is needed

  • 83 % Say yards are well-kept

  • 80 % Say parking is easy

  • 77 % Say it's dog friendly

  • 70 % Say there's holiday spirit

  • 66 % Say kids play outside

  • 64 % Say there are sidewalks

  • 48 % Say it's quiet

  • 47 % Say neighbors are friendly

  • 47 % Say people would walk alone at night

  • 44 % Say streets are well-lit

  • 42 % Say there's wildlife

  • 42 % Say they plan to stay for at least 5 years

  • 33 % Say it's walkable to grocery stores

  • 29 % Say it's walkable to restaurants

  • 20 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Misslindsayb
    "Centrally located, traffic can be heavy/frustrating. You can make good time if you hit the stoplights just right, which is hard to do most days. "
    0
    Flag
  • Susanward13
    "Consider this a safe neighborhood and there are lots of kids living here. A policeman lives on the street."
    0
    Flag
  • Jovanti Rucker
    "It is very busy most of the time the light are a headache. They’re a lot of lights to go through to get to where I need to go."
    0
    Flag
  • Dontreal3
    "It’s ok. It’s not the worst but it’s also not the best. "
    0
    Flag
  • Trulia User
    "Peacefully quiet neighborhood. neighbors keep to themselves mostly. Alot of dogs throughout the whole area, which is nice to know, it's a pet friendly area to live in. "
    4
    Flag
  • Trulia User
    "I’ve lived here for years mostly everybody that lives in the neighborhood is really nice & friendly but I live with my dad & trying to find my own apartment right now. "
    4
    Flag
  • Susan.wirtjes
    "This is a safe and friendly neighborhood. Kids play outside. We are close to good schools. Shopping is close by. "
    8
    Flag
  • Dominique K. .
    " The community is really good if you get into people like that. There is not a lot to do around here unless you have money. There are a lot of trains around. People have dogs around here a lot and I hear gunshots a lot. I grew up here so I don’t find it very exciting. Most people got to work come home and stay away from each other. "
    1
    Flag
  • Tali S.
    "Very quiet neighborhood other than the occasional car driving by & faint sound of trains. Great neighbors, mostly homeowners with kids & elderly."
    0
    Flag
  • Lache S.
    "... I don’t know I been here only a year and aside from the bad I seen few good most people stay to they self "
    0
    Flag
  • Holly W.
    "schools are over crowded and children are often let slip through the cracks in the education system here "
    1
    Flag
  • Charles A.
    "15 minutes to work. Waterloo is easy to get around and not a lot of traffic .... zzzz xxdrc then. Gyyhbb"
    1
    Flag
  • Lamont S.
    "Lots of retirees here now. Mixed bag for the rest. I had seen several first time owners buying in. Plenty of remodeling and renovations going on now too."
    4
    Flag
  • Trulia User
    "it has some nice people, with sketchy people mixed in. it's too loud with harleys speeding hard through here and people thumping music too loud at all hours. I would not recommend this neighborhood to a young professional person. "
    0
    Flag
  • Kimmy21920
    "Convenient location and traffic is not as congested as the big city. Used to be a great place, but not so much anymore."
    1
    Flag
  • Mkesterson79
    "Listening to gun shots and train whistles at night to fall asleep to. Creates a uniquely unpleasant experience. "
    0
    Flag
  • Trulia User
    "Would love a dog park close by, or even respectful owners who pick up after their dog when they walk them"
    6
    Flag
  • Chris Wright
    "I lived in neighborhood for ten years as a kid, I always love the area, would love to own a house in that again, hope in very near future."
    1
    Flag
  • Mary Sue Adams
    "Safe streets, quality neighbors,clean, near a park,rural feeling- plenty of room between everyone. Lots of family and open spaces, but still near shopping and eats."
    3
    Flag
  • Kathy Cox White Dickerson
    "I moved to this neighborhood last summer and love it. I feel safe and secure,and neighbors are very nice."
    0
    Flag
  • Aley S.
    "Is a small neighborhood and quite and seems like a very lovely place to have a family and there are a lot of kid in the neighborhood "
    2
    Flag
  • Aschot12
    "It's better than north Waterloo for crime and lots of shade trees. It's nice to be near to 4th street for convenience even with traffic noise. "
    0
    Flag

LGBTQ Local Legal Protections

IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.
Based on information submitted to the MLS GRID as of 2026-09-04 15:42:36 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information

Frequently asked questions about 157-159 Dearborn Ave

  • What is 157-159 Dearborn Ave estimated to be worth?
    Trulia's estimated value for 157-159 Dearborn Ave in Waterloo, IA is $90,400.
  • What is the price history for 157-159 Dearborn Ave?
    157-159 Dearborn Ave in Waterloo, IA last sold for $82,000 in August 2024.
  • Is Waterloo a buyer's or seller's market?
    Waterloo is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Waterloo?
    The median sale price in Waterloo is $194K. That is up $6K from the prior month.
  • Does 157-159 Dearborn Ave have laundry facilities?
    Yes, 157-159 Dearborn Ave in Waterloo, IA has laundry facilities.

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Off Market Homes Near 157-159 Dearborn Ave

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