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1009 Thorndale , Waterloo, IA 50701

$645,000

5,376
sqft
1976
year built

Well managed 17-plex! Occupancy is currently 100%, gross rent/Mo is a healthy $7,700. New roof, new siding.

Highlights

  • Residential Income
  • Apartment
  • Built in 1976
  • 47 days on Market

  • Year Built
    1976
  • Architectural Style
    Two or More Stories
  • Construction Materials
    Vinyl Siding
  • Parking Features
    None
  • Living Area
    5376.0
  • Patio And Porch
    Covered
  • Cooling
    Wall Unit(s)
  • Heating
    Electric
  • Basement
    Block

  • Lot Features
    Irregular Lot
  • Water
    Public

  • County
    Black Hawk
  • City
    Waterloo
  • Zip Code
    50701
  • High School
    East High
  • Middle School
    Central MS - Waterloo CSD
  • Elementary School
    Fred Becker Elementary

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Frequently Asked Questions

How do I schedule a tour of 1009 Thorndale?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 1009 Thorndale.

They know residential incomes in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 1009 Thorndale?

Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $645,000. We can talk through recent upgrades, potential seller motivation, how this apartment compares to others in Waterloo, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 1009 Thorndale?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 1009 Thorndale at around $4,483. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 1009 Thorndale?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Black Hawk County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 1009 Thorndale?

In most cases, yes. Whether 1009 Thorndale is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Waterloo's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 1009 Thorndale?

We can handle that for you. Our preferred local agent specializes in residential incomes in Waterloo and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

What is the price per square foot for this home?

This home is listed at $645,000 with 5,376 sqft of space—that comes out to approximately $120 per square foot.

How long has this property been on the market?

1009 Thorndale was listed on September 28, 2026, which means it's been on the market for 47 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

When was this house built?

This home was built in 1976, making it approximately 50 years old.

What schools are assigned to this property?

Based on MLS info, this home is zoned for:

  • Elementary: Fred Becker Elementary
  • Middle: Central MS - Waterloo CSD
  • High: East High

Want to see how these schools compare? Check out our Black Hawk County School Guide to see ratings, reviews, and more for the schools in the area.

What are the property taxes for 1009 Thorndale?

The most recent public record shows annual property taxes for 1009 Thorndale were approximately $9,744. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.

Is 1009 Thorndale still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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Based on information submitted to the MLS GRID as of November 14, 2026 at 03:05PM 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.