For Sale119d on market
1223 W Mullan Ave
Waterloo, IA, 50701 • Church Row Historic • Black Hawk County
$49,500
$115/sqft
Down payment assistance available
2Beds
1Baths
432Sqft
0.03 acLot
1949Built
Property DNA
Character Home
Built 1949 · 77 years of history
Market activity
Demand and pricing signals for this listing
57 views
People checking out this listing
3 saves
Buyers have saved this home
119 days on market
Established listing
$115/sqft
Price per square foot
About this home
Townhouse · Built 1949
Welcome to this affordable townhouse community, offering excellent investment potential. Each townhouse features a functional 2-bedroom, 1-bath layout and has a rental history ranging from $550–$700 per month per unit. A solid opportunity for investors seeking steady rental income in a practical, easy-to-maintain property.
Estimated monthly payment
Based on current rates
$323/month
Principal & Interest$257
Property Tax$50
Insurance$17
Down payment20% ($9,900)
3%50%
Est. 6.75% rate · 30yr fixed · $39,600 loan
Full calculator →At a glance
Key facts and listing details
TypeTownhouse
Year Built1949
HeatingForced Air
CoolingCentral Air
ParkingNone
Lot1,306 sqft
Days on Zillow119 Days
Price/sqft$115
Property
Home typeTownhouse
Sub-typeTownhouse
Year built1949
Systems
HeatingForced Air
CoolingCentral Air
RoofBuilt-Up
ConstructionVinyl Siding
Water / SewerPublic / Public Sewer
Parking & Outdoor
ParkingNone
BasementNone
Lot1,306 sqft
Location & Tax
NeighborhoodChurch Row Historic
ZoningR-3
Annual tax$706
Parcel891326159010
Bathrooms & Fees
Full baths1
Features & details
5 categories of property features
Interior Features
Heating
Forced Air
Cooling
Central Air
Fireplace
None
Exterior Features
Parking
None
Construction
Vinyl Siding
Room details
3 rooms detailed
Other
UpperOther
MainOther
LowerListing insights
Market data and value estimates
StatusFor Sale
Days on market119
Est. rent$642/mo
Tax rate1.39%
Price/sqft$115
On marketDec 17, 2025
PostedDec 17, 2025
MLS updatedDec 23, 2025
Tour days6
Views57
Favorites3
How are the schools in Waterloo?
3 schools rated nearby
Location
Waterloo, IA, 50701
Price history
14 events
DateEventPrice$/sqftSource
Dec 17, 2025Listed For Sale$49,500$115Northeast Iowa Regional BOR as distributed by MLS GRID
Nov 17, 2024Listing Removed$650$2Zillow Rentals
Nov 13, 2024Listed For Rent$650$2Zillow Rentals
May 22, 2020Listing Removed$550$1ABD Properties
Mar 27, 2020Listed For Rent$550$1ABD Properties
Mar 5, 2019Listing Removed$525$1ABD Properties
Jan 20, 2019Listed For Rent$525$1ABD Properties
Nov 3, 2018Listing Removed$525$1ABD Properties
Oct 20, 2018Listed For Rent$525$1ABD Properties
Mar 2, 2018Listing Removed$525$1ABD Properties
Jan 26, 2018Listed For Rent$525$1ABD Properties
Dec 11, 2017Listing Removed$500$1ABD Properties
Sep 18, 2017Price Change$500$1ABD Properties
Sep 7, 2017Listed For Rent$600$1ABD Properties
Listed For Sale$49,500
Dec 17, 2025•$115/sqft•Northeast Iowa Regional BOR as distributed by MLS GRID
Listing Removed$650
Nov 17, 2024•$2/sqft•Zillow Rentals
Listed For Rent$650
Nov 13, 2024•$2/sqft•Zillow Rentals
Listing Removed$550
May 22, 2020•$1/sqft•ABD Properties
Listed For Rent$550
Mar 27, 2020•$1/sqft•ABD Properties
Listing Removed$525
Mar 5, 2019•$1/sqft•ABD Properties
Listed For Rent$525
Jan 20, 2019•$1/sqft•ABD Properties
Listing Removed$525
Nov 3, 2018•$1/sqft•ABD Properties
Listed For Rent$525
Oct 20, 2018•$1/sqft•ABD Properties
Listing Removed$525
Mar 2, 2018•$1/sqft•ABD Properties
Listed For Rent$525
Jan 26, 2018•$1/sqft•ABD Properties
Listing Removed$500
Dec 11, 2017•$1/sqft•ABD Properties
Price Change$500
Sep 18, 2017•$1/sqft•ABD Properties
Listed For Rent$600
Sep 7, 2017•$1/sqft•ABD Properties
Tax history
23 years of records
YearTax paidAssessed value
Apr 15, 2025$737$40,010
Apr 15, 2024$679$33,960
Apr 15, 2023$592$33,960
Apr 15, 2022$576$26,960
Apr 15, 2021$667$26,960
Apr 15, 2020$656$29,440
Apr 15, 2019$662$29,440
Apr 15, 2018$656$29,440
Apr 15, 2017$656$29,440
Apr 15, 2016$668$29,440
Apr 15, 2015$668$29,440
Apr 15, 2014$536$23,810
Apr 15, 2012$584$27,660
Apr 15, 2011$812$27,660
Apr 15, 2010$786$39,200
Apr 15, 2009$765$39,200
Apr 15, 2008$749$39,200
Apr 15, 2007$736$36,630
Apr 15, 2006$740$36,630
Apr 15, 2005$664$36,630
Apr 15, 2003$845$27,990
Apr 15, 2002$831$37,660
Apr 15, 2001$750$31,910
Nearby homes
Neighborhood details
Local context around this listing
Waterloo, IA • Black Hawk County
Nearby neighborhoods
Cedar RiverChurch Row HistoricDoe'sFranklin GatewayGood ShepherdHurstLiberty ParkPark HavenRiverfrontUnity
Nearby cities
Cedar FallsDunkertonEvansdaleHudsonJanesvilleJesupLa Porte CityRaymond
Nearby zip codes
507015070250703507045070750799
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