USAIAWaterloo619-611-619 Johnson St
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619-611-619 Johnson St, Waterloo, IA

Condo

For Sale

Listed price in listed location currency (USD).
$1,800,000

000

MLS® 20254153

  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Residential Income
Size 4357 sqft
Garage Yes
HOA Fees 
Taxes $40,527
Days Active 251
Approx. Age 2003
Avg. Price Per Sqft $413
MLS® Number 20254153

Property Address: 619-611-619 Johnson St, Waterloo, IA, 50702-2207

Average square foot calculated using Size range provided by listing agent.

Description

This is the kind of asset every investor is looking for—24 fully occupied, low-maintenance units in a prime Waterloo location. Located at 611 & 619 Johnson Avenue, this multifamily package features two 12-unit buildings, each comprised entirely of 2 bed / 1 bath units with in-unit laundry—a key amenity that drives tenant demand and reduces turnover. Each unit is individually metered, with tenants paying electric, gas, water, and sewer. Landlord responsibility is limited to trash, lawn care, and snow removal, making this an exceptionally easy property to manage. The property also includes on-site garages, providing additional value and rental upside. These buildings are clean, simple, and operate efficiently. With strong rental history, desirable unit layouts, and minimal owner involvement, this is a high-yield, low-effort investment opportunity that would be a solid addition to any portfolio.
MLS® Number20254153
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry LevelIn Kitchen
Exposure
Exterior
GarageYes
Approx. Age2003
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Aug 26, 2025List Date
$1,800,000List Price
  • Commute

Commute

Starting Address
Destination Address
611-619 Johnson St, Waterloo, IA

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