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Investment opportunity!! This 1 1/2 story duplex is conveniently located in downtown Waterloo. Each unit consist of 2BR/1BA. Unit B was recently remodeled w/luxury vinyl flooring, carpet, interior freshly painted, light fixtures, bathroom vanity/toilet and light fixtures. Water heater in Unit "B" is approx. 6 months. Double hung vinyl windows. Basement only on Unit B side. Unit "A" main floor laundry. Unit "B" laundry in bsmt. 1 detached garage. Property is being sold "as is." Seller to make no repairs based on inspections.

Highlights

  • Residential Income
  • Multi Family
  • Built in 1890
  • 0.14 Acre Lot
  • 1 Car Garage
  • 116 days on Market

  • Year Built
    1890
  • Architectural Style
    Other
  • Construction Materials
    Aluminum Siding
  • Garage Spaces
    1.0
  • Parking Features
    Driveway, Garage, Detached
  • Living Area
    1396.0
  • Appliances
    Refrigerator, Range
  • Flooring
    Vinyl, Carpet
  • Cooling
    Central Air
  • Heating
    Forced Air
  • Basement
    Partial

  • Acres
    0.14
  • Lot Features
    City Lot
  • Water
    Public

  • County
    Monroe
  • City
    Waterloo
  • Neighborhood
    Waterloo
  • Zip Code
    62298
  • High School
    Waterloo
  • Middle School
    WATERLOO DIST 5
  • Elementary School
    WATERLOO DIST 5

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Frequently Asked Questions

How do I schedule a tour of 202 E 1st?

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 202 E 1st.

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 202 E 1st?

Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $200,000. We can talk through recent upgrades, potential seller motivation, how this multi family compares to others in Waterloo, and can even get you in to see the property quickly.

How do I get a virtual tour of 202 E 1st?

Yes! A virtual tour is available for 202 E 1st. Click here to view the full walkthrough and explore every room at your own pace. If you would like a guided virtual showing or have questions along the way, we can connect you with our local expert to walk you through it live.

How much is the monthly mortgage payment for 202 E 1st?

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 202 E 1st at around $1,455. 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 202 E 1st?

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 Monroe 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 202 E 1st?

In most cases, yes. Whether 202 E 1st 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 202 E 1st?

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 $200,000 with 1,396 sqft of space—that comes out to approximately $143 per square foot.

How long has this property been on the market?

202 E 1st was listed on July 17, 2026, which means it's been on the market for 116 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 1890, making it approximately 136 years old.

What is the lot size of this property?

202 E 1st sits on a 0.14-acre lot, which is 6,098 square feet.

What schools are assigned to this property?

Based on MLS info, this home is zoned for:

  • Elementary: WATERLOO DIST 5
  • Middle: WATERLOO DIST 5
  • High: Waterloo

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

What are the property taxes for 202 E 1st?

The most recent public record shows annual property taxes for 202 E 1st were approximately $3,808. 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 202 E 1st 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 10, 2026 at 01:12AM. 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.

Source: MARIS MLS | MLS#: 26045822