c.1910 Iowa Colonial Revival Style Home For Sale Under $140K

$139,500

Overflowing with authentic appeal, this stunning Iowa Colonial Revival home is a true classic. From its traditional wood siding, welcoming front porch, and signature crown-molded window to a sweeping curved front roof, every exterior detail tells a story. Outside, you’ll also find a fenced-in backyard, a carport, and a unique one-car garage with a sliding door. Inside, magnificent oak wood floors flow gracefully across the entire main level, creating a warm, seamless aesthetic (with practical tile or flooring in the kitchen and bath).

Realtor Comments

Upstairs, you will find pine wood flooring; this level also offers an enclosed porch area off one of the bedrooms, with a separate outside entrance. Throughout the house, you will also notice beautiful stained glass, which accentuates this home from the inside and outside. Inside, you will appreciate the original woodwork, the craftsman work that has been maintained over the years, and some of the original light fixtures. The basement level is clean and has a lot of potential. Since purchasing this property, the owner has installed a new roof, three mini A/C splits, a new boiler, added a new bathroom on the main floor, and installed some new windows. This charming property has 3 bedrooms and 2 bathrooms, and it is located near the river and the Waverly Ball Diamond field. This property is move-in ready. Call to schedule a showing.

3bd
1.5ba
1,769sqft
7,405sqft lot
Circa 1910

More Iowa Properties

407 3rd St SE, Waverly, IA 50677

If interested in a property, pleases contact the realtor whose link is provided in the post below, or contact an agent of your own choosing. Independent verification of details and status is recommended.

-Contact Realtor: Romeo Djoumessi

Brokered by RE MAX Concepts – Waverly

-Google Maps

-Niche

The Pros

Exceptional Safety & Low Crime: Crime rates in Waverly are significantly lower than both the state and national averages, making it a place where residents widely report feeling secure walking alone and letting kids play outside.
Top-Tier Public Schools: The Waverly-Shell Rock school district is exceptionally well-regarded, boasting high graduation rates and continuous investments in modern facilities (including updated elementary and middle schools).
Wartburg College Influence: Having a private liberal arts college right in town brings unexpected cultural perks for a small community—including theater productions, art exhibits, music concerts, lectures, and diverse employment opportunities.
Outdoor Recreation & Natural Beauty: Straddled by the Cedar River, Waverly features an abundance of parks, beautiful walking/biking trails, and water recreation. It punches well above its weight class for a nature lover.
Robust Infrastructure & Utilities: Uniquely for a small town, Waverly Utilities is an award-winning leader in green energy and reliability, and the city boasts advanced fiber-optic internet availability (great for remote workers).
Proximity to Larger Hubs: While it has its own hospital (Waverly Health Center), grocery stores, and local downtown shopping on Bremer Avenue, it is just a short drive away from Waterloo and Cedar Falls if you ever need big-box retail or a major airport.

The Cons

Higher Cost of Living & Housing: While generally affordable compared to major U.S. metros, Waverly is more expensive than many other rural Iowa towns. Housing prices and property taxes can stretch budgets, and demand for nice homes is high.
Lack of Diversity: Demographically, the town lacks racial and ethnic diversity, which can feel isolating for residents who are used to multicultural metropolitan environments.
Classic Midwest Winters: Winters are harsh, cold, and bring plenty of snow, which can limit outdoor activities for several months out of the year and make commuting tricky during storms.
Limited Public Transit: Public transportation options inside the city are practically non-existent, meaning owning a reliable car is an absolute must for daily life.
Quiet Nightlife / Small Town Pacing: While there are local coffee shops, bars, and restaurants, entertainment options wind down early. If you crave a bustling late-night city scene, clubbing, or extensive fashion shopping, you will have to travel to a larger city.