1740 Rainbow Dr, Waterloo, IA 50701
OFF MARKET

1740 Rainbow Dr
Waterloo, IA 50701

  • 3 Beds
  • 1 Bath
  • 1,064 sqft

$187,400

Trulia Estimate
as of Jun 12, 2026
Est. Refi. Payment $1,232/mo*
Refinance Your Home

$187,400

Trulia Estimate
as of Jun 12, 2026
Est. Refi. Payment $1,232/mo*
Refinance Your Home
3 Beds
1 Bath
1,064 sqft

Local Information

Map showing home location
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Description

This single-family home is located at 1740 Rainbow Dr, Waterloo, IA. 1740 Rainbow Dr is in Waterloo, IA and in ZIP code 50701. This property has 3 bedrooms, 1 bathroom and approximately 1,064 sqft of floor space. This property has a lot size of 10115 sqft and was built in 1967.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources.

Home Highlights

Parking
Garage
Outdoor
Deck
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
Less than a day ago

Home Details for 1740 Rainbow Dr

Interior Features

Heating & Cooling
Heating: Other, OtherAir ConditioningCooling System: OtherHeating Fuel: Other
Levels, Entrance, & Accessibility
Stories: 1Floors: Carpet, Linoleum Vinyl
Interior Details
Number of Rooms: 5

Exterior Features

Exterior Home Features
Roof: AsphaltDeckExterior: OtherFoundation Type: Concrete Block
Parking & Garage
GarageParking: Garage Detached

Property Information

Year Built
Year Built: 1967
Property Type / Style
Property Type: Single Family HomeArchitecture: A-frame

Lot Information

Lot Area: 10115 sqft

Market trends in Waterloo

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$176K
$20.75KMoM
Sale-to-List Price
97.9%
0.3%MoM
Price per sq ft
$121
$9MoM
Available listings
221
11MoM
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Property Tax and Assessment

Year2025
Tax$3,680
Assessment$194,310
Home facts updated by county records

Homeowner tools

Estimated monthly rent$1,132/mo
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Homes for rent near 1740 Rainbow Dr

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Comparable Sales for 1740 Rainbow Dr

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1823 Rainbow Dr, Waterloo, IA
0.07
Single-Family Home
$190,000
10/15/25
3
2
1,198
211 Desoto Ave, Waterloo, IA
0.12
Single-Family Home
$135,000
06/27/25
2
1
920
205 S Hackett Rd, Waterloo, IA
0.13
Single-Family Home
$172,400
12/10/25
3
1
1,120
216 Desoto Ave, Waterloo, IA
0.12
Single-Family Home
$182,500
07/11/25
2
1
1,488
1712 Rainbow Dr, Waterloo, IA
0.06
Single-Family Home
$198,500
03/13/26
3
2
1,514
208 Desoto Ave, Waterloo, IA
0.13
Single-Family Home
$200,000
04/16/26
2
1
1,504
115 Helen Rd, Waterloo, IA
0.29
Single-Family Home
$196,000
07/28/25
3
1.5
1,996
1817 Rainbow Dr, Waterloo, IA
0.06
Single-Family Home
$224,900
12/22/25
4
2
1,512
1946 Rainbow Dr, Waterloo, IA
0.18
Single-Family Home
$254,900
05/14/26
3
2
1,456
1918 Castle St, Waterloo, IA
0.18
Single-Family Home
$160,000
09/29/25
3
1.5
1,642

Nearby homes

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Assigned Schools

These are the assigned schools for 1740 Rainbow Dr.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

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

  • 43 % 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

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Homes for sale near 1740 Rainbow Dr

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Off Market Homes Near 1740 Rainbow Dr

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1740 Rainbow Dr, Waterloo, IA 50701 is a 3 bedroom, 1 bathroom, 1,064 sqft single-family home built in 1967. This property is not currently available for sale. The current Trulia Estimate for 1740 Rainbow Dr is $187,400.