Discover an exceptional investment opportunity downtown Waterloo, IA. This multifamily property features (6) units with 2 bedrooms and 2.5 bathrooms per unit. Each unit welcomes you with an inviting open living space on the main level. Amenities include both front and rear entrances, in-unit laundry, gated parking on the rear of the building, fenced in patios, and a two-stall garage per unit. The property is located within walking distance to multiple restaurants, shopping, entertainment, and easy access to public transit and major highways.
Sold for $1,150,000 on 04/09/25
$1,150,000
301-311 E 3rd St, Waterloo, IA 50701
--beds
--baths
8,544sqft
Apartment
Built in 2014
-- sqft lot
$1,156,000 Zestimate®
$135/sqft
$-- Estimated rent
Home value
$1,156,000
$1.03M - $1.31M
Not available
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: April 09, 2025 at 03:19pm
Listed by:
Phillip Shirk 319-239-4446,
AWRE - Commercial & Development,
Lindsey Mcenaney 563-419-7644,
AWRE - Commercial & Development
Bought with:
Lynette D Sorensen, S614510
RE/MAX Concepts - Cedar Falls
Source: Northeast Iowa Regional BOR,MLS#: 20250663
Facts & features
Interior
Cooling
- Gas
Appliances
- Laundry: Gas Dryer Hookup, Washer Hookup
Features
- Basement: Interior Entry
Interior area
- Total structure area: 8,544
- Total interior livable area: 8,544 sqft
- Finished area above ground: 706
- Finished area below ground: 0
Property
Parking
- Parking features: Garage, Detached
Lot
- Size: 0.41 Acres
- Dimensions: 150.4 x 119.3
Details
- Parcel number: 891324353016
- Zoning: R-1
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Apartment
Materials
- Brick
- Roof: Flat
Condition
- Year built: 2014
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Other
Community & neighborhood
Location
- Region: Waterloo
Price history
| Date | Event | Price |
|---|---|---|
| 4/9/2025 | Sold | $1,150,000-11.5%$135/sqft |
Source:  Northeast Iowa Regional BOR #20250663 | ||
| 4/1/2025 | Pending sale | $1,300,000$152/sqft |
Source: Northeast Iowa Regional BOR #20250663 | ||
| 2/18/2025 | Listed for sale | $1,300,000$152/sqft |
Source: Northeast Iowa Regional BOR #20250663 | ||
Public tax history
Tax history is unavailable.
Neighborhood: Franklin Gateway
Nearby schools
GreatSchools rating
- 3/10Cunningham SchoolGrades: PK-5Distance: 1 mi
- 1/10Central Middle SchoolGrades: 6-8Distance: 3.2 mi
- 3/10West High SchoolGrades: 9-12Distance: 2.2 mi
Schools provided by the listing agent
- Elementary: Cunningham
- Middle: Central
- High: West 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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