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.

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"Based on information submitted to Northeast Iowa Regional Board of REALTORS as of July 8, 2026 7:54 AM UTC . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing."

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Property Details of 611-619 Johnson Avenue

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Skogman Realty

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Property Details of 611-619 Johnson Avenue

Property Details

Basic Information

Building

Location

Finance

Interior Features

Basement

Utilities and Appliances

Utilities and Appliances

Community

Schools

Map Location

Hi there! How can we help you?

Hi there! How can we help you?

Hi there! How can we help you?

Skogman Realty