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$149,900 Just Listed
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Property Description
3-unit multifamily property featuring three 1 bed/1 bath apartments and shared basement laundry. Located in a prime downtown Waterloo area, this property offers strong investment potential. Currently generating $1,965/month with rents below market value, providing opportunity for increased cash flow. Property is being sold as-is and requires significant repairs, including structural, roof, and interior work. Priced accordingly, this is an ideal opportunity for investors looking to add value, build equity, and expand their portfolio. *May not qualify for conventional financing, but a great opportunity for commercial, construction loans or cash.*
Full Property Details
Full Property Details for 173 N Monroe St
General
- Price: $149,900
- Taxes: $1,435 (2025)
- Status: Active
- Type: Apartment
- Source: Wirex_South_Central_Wisconsin_MLS_Corporation_SCW
- MLS ID: 2019379
- Updated: 3/30/2026
- Added to Site: 1 day(s) ago
Parking
- Parking Features: No Parking
Location
- Municipality: Waterloo
- County: Jefferson
- Driving Directions: N on Hwy 89, W on E Madison st, Right onto N Monroe.
School Information
- School District: Waterloo
- Elementary School: Waterloo
- Middle School: Waterloo
- High School: Waterloo
Heating & Cooling
- Heating Fuel: Electric
- Heating/Cooling: Radiant/Electric
Utilities
- Water/Sewer: Municipal Water, Municipal Sewer
- Utility Description: Separate Electric Meters, Separate Water Meters
Structural Information
- Description/Design: Apartment Building, 2 Stories
- Exterior Const.: Other
- Basement Desc.: Full
- Year Built: 1870
Unit Information
- Units in Building: 3
Unit 1
- Square Feet: 466
- Bedrooms: 1
Unit 2
- Square Feet: 479
- Bedrooms: 1
- Primary Bedroom: Main Level, 11 x 10
- Living Room: Main Level, 13 x 15,
- Kitchen: Main Level, 14 x 11,
Unit 3
- Bedrooms: 1
Lot Features
- Lot Size Source: Assessor/Public Record
- Zoning: RES
Financial Considerations
- Tax Amount: $1,435
- Tax Year: 2025
Disclosures and Reports
- Exclusions: Seller and Tenant's Personal Property
- Inclusions: 3 Stoves/Ovens, 3 Refrigerators, Washer, Dryer
Listed by Elevate Estates Realty Co.
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Schools
Schools serving 173 N Monroe St
School District:Waterloo School District
| Name | Grades | Distance |
|---|---|---|
Waterloo Elementary School 785 North Monroe Street, Waterloo, WI 53594 | PK-4 | 0.5 mi |
Waterloo Middle School 865 North Monroe Street, Waterloo, WI 53594 | 7-8 | 0.5 mi |
Waterloo High School, Waterloo, WI 865 North Monroe Street, Waterloo, WI 53594 | 9-12 | 0.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 173 N Monroe St
Date
Details
Price
Change
Source
3/30/2026
Listed
$149,900
328.29%
MLS
10/25/2016
Sold
$35,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 173 N Monroe St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,631
18%
$89,000
—
2024
$1,387
24%
$89,000
53%
2023
$1,115
6%
$58,000
—
2022
$1,055
-2%
$58,000
—
2021
$1,072
-56%
$58,000
-41%
2020
$2,450
-1%
$99,100
—
2019
$2,465
2%
$99,100
—
2018
$2,415
4%
$99,100
—
2017
$2,325
-2%
$99,100
-2%
2016
$2,369
-2%
$101,100
—
2015
$2,420
2%
$101,100
—
2014
$2,365
1%
$101,100
—
2013
$2,345
—
$101,100
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 173 N Monroe St
173 N Monroe Street, Waterloo, WI 53594 (MLS# 2019379) is a Apartment property with 0 bedrooms and 0 full bathrooms. 173 N Monroe Street is currently listed for $149,900 and was received on March 30, 2026. Want to learn more about 173 N Monroe Street? Do you have questions about finding other Apartment real estate for sale in Waterloo? You can browse all Waterloo real estate or contact a Coldwell Banker agent to request more information.

