Wayne DePenning

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1233 W Mullan AvenueWaterloo, IA 50701

Condo/Townhouse · 2 Beds · 1 Full Bath · 0.05 Acres
$49,500 ACTIVE

1233 W Mullan Avenue Overview

Time on Site:
195 days
Visits:
0

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–$650 per month per unit. A solid opportunity for investors seeking steady rental income in a practical, easy-to-maintain property or first time homebuyer.

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1233 W Mullan Avenue Facts & Features

  • Type Condo/Townhouse
  • Lot 0.05 Acres

Details

General

Association/HOA

  • Association Fee: 0
  • Association Fee Frequency: N/A

School Information

  • Elementary School: Irving Elementary
  • Middle Or Junior School: Central Intermediate
  • High School: West High

Building Information

  • Year Built: 1949

Location/Region

  • County Or Parish: Black Hawk
  • Township: Blackhawk

Tax Information

  • Tax Annual Amount: 688.56
  • Tax Assessed Value: 37790

General Information

  • Parcel Number: 891326159005
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Special Listing Conditions: Normal Sale
  • Zoning: R-3

Interior

Beds/Baths

  • Bathrooms Full: 1
  • Bathrooms Half: 0
  • Bathrooms Three Quarter: 0
  • Bathrooms Total: 1
  • Bedrooms Total: 2

Building Interior

  • Below Grade Finished Area: 0

General Information

  • Appliances: Appliances Negotiable
  • Basement: Concrete
  • Cooling: Central Air
  • Fireplace Features: None
  • Heating: Forced Air,Natural Gas
  • Laundry Features: Dryer Hookup-Gas,Lower Level,Washer Hookup

Exterior

Parking Information

  • Parking Features: None

Lot Information

  • Additional Parcels: true
  • Lot Size Dimensions: 16X135
  • Lot Size Square Feet: 2160
  • Road Surface Type: Common
  • Water Source: Public

Building Exterior/Construction

  • Construction Materials: Vinyl Siding
  • Roof: Built-Up

General Information

  • Road Frontage Type: Hard Surface Road
  • Sewer: Public Sewer

Room Information

  • Level: Lower

  • Level: Main

  • Level: Upper

1233 W Mullan Avenue Neighborhood

Community

50701 (WATERLOO) Demographics

38
Median Age
368
Population Density (per sq. mile)
41%
College Educated
$53,348
Estimated Median Income
8,318
Estimated Total Home Owners
4,784
Estimated Total Renters
63% / 37%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1233 W Mullan Avenue Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1233 W Mullan Avenue Market Data

Based on the last 30 days in this zip code

$259,254
Average List Price
$3,165
Average Price per Square Foot
34
Properties Sold
83
Average Days on Market
131
Properties for Sale
Calculations provided by Reliance Network

1233 W Mullan Avenue History

Date Event Value Agent
12/16/2025Source: Northeast Iowa Regional MLS Added to Database
December 16, 2025
Listing provided courtesy of Lockard Realty CompanyNortheast Iowa Regional MLS- MLS# 20255973MLS Provider