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Sold for $70,000 on 12/08/25
  • $70,000

    1113 Mulberry St, Waterloo, IA 50703

    --beds
    --baths
    1,948sqft
    Triplex
    Built in 1897
    -- sqft lot
    $70,000 Zestimate®
    $36/sqft
    $744 Estimated rent

    Home value

    $70,000

    $67,000 - $74,000

    $744/mo

    Zestimate® history
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    $744/mo

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    Rent Zestimate®

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    $381/mo

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    $381/mo

    Est. payment

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    What's special

    Located in the heart of downtown Waterloo, this triplex offers a solid investment opportunity at an unbeatable price per unit. The property features two main floor units and one upper-level unit, with two of the three currently rented. When fully occupied, it brings in over $1,600 per month in gross rent. Owner currently pays all utilities. While the property could use some TLC, there’s plenty of upside for a buyer ready to make improvements and raise rents. With its central location and value-add potential, this is a great option for both investors and handy owner-occupants. Don't miss your chance to build equity and cash flow in a growing downtown corridor!

    Zillow last checked: 8 hours ago

    Listing updated: December 09, 2025 at 10:33am

    Listed by:

    Jared Hottle 319-288-5382,

    Berkshire Hathaway Home Services One Realty Centre

    Bought with:

    Jared Hottle, S68688000

    Berkshire Hathaway Home Services One Realty Centre

    Source: Northeast Iowa Regional BOR,MLS#: 20253848MLS Logo

    Facts & features

    Interior

    Cooling
    • Ceiling Fan(s)
    Appliances
    • Laundry: None
    Features
    • Basement: Stone/Rock
    Interior area
    • Total structure area: 1,948
    • Total interior livable area: 1,948 sqft
    • Finished area above ground: 974
    • Finished area below ground: 974

    Property

    Parking
    • Parking features: On Street, None
    Lot
    • Size: 5,340 sqft
    • Dimensions: 11x60, 39x120
    Details
    • Parcel number: 891325135014
    • Zoning: R-3
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex
    Materials
    • Aluminum Siding
    • Roof: Asphalt
    Condition
    • Year built: 1897

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Other

    Community & neighborhood

    Location
    • Region: Waterloo

    Price history

    DateEventPrice
    12/8/2025Sold$70,000-12.5%$36/sqft
    Source: Northeast Iowa Regional BOR #20253848
    9/26/2025Pending sale$80,000$41/sqft
    Source: Northeast Iowa Regional BOR #20253848
    8/8/2025Listed for sale$80,000+17.7%$41/sqft
    Source: Northeast Iowa Regional BOR #20253848
    4/25/2023Sold$67,950$35/sqft
    Source: Northeast Iowa Regional BOR #20224395
    2/27/2023Pending sale$67,950$35/sqft
    Source: Northeast Iowa Regional BOR #20224395

    Public tax history

    Tax history is unavailable.

    Neighborhood: Cedar River

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Lowell Elementary
    • Middle: Central
    • High: East High

    Source: Northeast Iowa Regional BOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    An equal housing lender. NMLS #10287.