$129,900
Multi-Use Investment Opportunity in the Heart of Waterloo! Two parcels, endless potential! This unique multi-use property sits on the main stretch of town and offers a rare blend of commercial visibility and residential income. The first parcel is commercially zoned and includes a versatile outbuilding previously used for business with 200 amp service—ready to be reimagined for your next venture. The second parcel is residential, featuring both a main home (100amp service and city water and a smaller secondary home (100 amp service/ well water), each currently tenant-occupied on month-to-month leases with renters who would love to stay. While the property could use some updates, it’s already income-producing and brimming with opportunity—perfect for the investor, entrepreneur, or live-work dreamer. Priced to sell at just $129,900 — all offers will be considered! Prime location on Waterloo’s main drag, high visibility, and strong potential for future growth. Seize your chance to own a piece of Waterloo’s main corridor and turn potential into profit!
I69 N from Fort Wayne, IN to SR 6(E)- toward Waterloo. Turn Left on CR-24 to N Wayne Street- Turn right and property is on your left.
MLS # | 202540529 |
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Date Listed | 2025-10-06 |
Status | Active |
Property Type | Residential |
Property SubType | Site-Built Home |
Square Feet | 1342 sqft |
New Construction | No |
Style | One and Half Story |
Type | Site-Built Home |
Bedrooms | 3 |
Bathrooms | 1 |
Annual Taxes | $1,326.00 |
Year Taxes Payable | 2025 Payable 2026 |
Year Built | 1900 |
Virtual Tour | propertypanorama.com » |
Days on Market | 3 |
Design | Traditional |
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Cooling | Window |
Heating | Gas, Baseboard, Forced Air |
Main Level Laundry | Yes |
Outbuilding | Pole/Post Building |
Master Bedroom | 10 × 10 | Main Level |
2nd Bedroom | 10 × 9 | Upper Level |
3rd Bedroom | 10 × 9 | Upper Level |
Full Baths | 1 Main |
Construction | Site-Built Home |
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Exterior | Vinyl |
Lot Size | 15,600 sq ft |
Acreage | 0.36 Acres |
Lot Dimensions | 120x130 |
Parking | Yes |
Out Buildings | Pole/Post Building |
Sewer | City |
Water | City |
Fence | None |
Area | Dekalb County |
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County | Dekalb |
Subdivision | None |
Township | Grant |
City | Waterloo |
State | IN |
Zip | 46793 |
School District | Dekalb Central United |
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Elementary | Waterloo |
Middle School | Dekalb |
High School | Dekalb |
Financing Terms | Cash, Conventional |
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Assoc. Dues | $0.00 Not Applicable |
MLS# 202540529
IDX information provided by the Indiana Regional MLS.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
Listing Provided Courtesy of Christine Kroft
CENTURY 21 Bradley Realty, Inc
Listing updated October 9, 2025 at 8:45 am
Last checked 8 minutes ago