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Sold for $142,000 on 01/27/25
    • $142,000

    314 Locust St, Waterloo, IA 50701

    --beds
    0baths
    5,094sqft
    MultiFamily
    Built in 1904
    -- sqft lot
    $143,200 Zestimate®
    $28/sqft
    $826 Estimated rent

    Owner options

    List your home for rent

    $826/mo

    Rent Zestimate®

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    $826/mo

    Rent Zestimate®

    Refinance and save

    $772/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

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    $772/mo

    Est. payment

    What's special

    Great opportunity for investor with opportunity for an approx 26% cap rate. Current cap rate is approx 14%. Needs roof (price is appropriately priced) Great potential.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Other, Gas
    Cooling
    • Other
    Appliances
    • Included: Dishwasher, Dryer, Refrigerator
    Features
    • Flooring: Carpet, Hardwood, Linoleum / Vinyl
    • Basement: Finished
    Interior area
    • Total interior livable area: 5,094 sqft

    Property

    Parking
    • Total spaces: 6
    • Parking features: Garage - Detached
    Features
    • Exterior features: Wood
    Lot
    • Size: 8,407 sqft
    Details
    • Parcel number: 891326326004
    • Zoning: R-4

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Frame
    • Foundation: Concrete
    • Roof: Asphalt
    Condition
    • Year built: 1904

    Community & neighborhood

    Location
    • Region: Waterloo

    Other

    Other facts
    • Internet: Yes
    • Sale/Rent: For Sale
    • Status: ACTIVE
    • BASEMENT: Block
    • COOLING: Window Unit, Ceiling Fan
    • EXTERIOR AMENITIES: Porch-Enclosed, Curbs/Sidewalks, Deck, Porch-3 Season, Patio, Fenced Yard, Privacy Fence
    • FINANCE TYPE: Cash, Conventional, Insured Conventional
    • PARKING: Gravel, Garage, Assigned Parking, Parking Area
    • Flood: C/X - Not in Flood Plain
    • Water Type: City
    • Sewer Type: City
    • Fuel Type: Natural Gas
    • Reg/Irreg: Reg
    • Sale Type: Normal Sale
    • Electric Separate by Unit: Yes
    • Region: Waterloo South 1B
    • STORIES/STYLE: Over 2 Stories, Apartments (5+ Units)
    • DOCUMENTS ON FILE: Lead Paint Disclosure
    • ROOF TYPE: Asphalt
    • TENANT RESPONSIBLE: Electric, Gas
    • UTILITIES AVAILABLE: Elec Individual Meters, Electric in Rent, Garbage in Rent, Gas in Rent, Water in Rent, Cable Paid by Individual, Gas Individual Meters
    • Occupied By: Renter
    • TERMS OF TENANCY: Over 9 Months
    • Garage Type: Detached
    • Unit Stove 1: Yes
    • Unit Stove 2: Yes
    • Unit Refrig 1: Yes
    • Unit Refrig 2: Yes
    • Zoning: R-4
    • Unit Stove 3: Yes
    • Unit Stove 4: Yes
    • Unit Stove 5: Yes
    • Unit Refrig 3: Yes
    • Unit Refrig 4: Yes
    • Unit Refrig 5: Yes
    • How to Show: Appointment Only
    • ROAD FRONTAGE: Hard Surface Road
    • HEAT TYPE: Steam/Hot Water
    • Unit D/W 2: Yes
    • Unit D/W 3: Yes
    • EXTERIOR: Steel
    • SIDING: Steel
    • MLS Area: Black Hawk
    • LA1Agent Phone1 CountryId: United States (+1)
    • LA1Agent Phone2 CountryId: United States (+1)
    • LA1Agent Phone3 CountryId: United States (+1)
    • LO1OfficePhone1CountryId: United States (+1)
    • Transmit to Zillow: Yes
    • Parcel #: 891326326004
    • Legal Description: whitney and sedgwicks addition lot 3 blk 2

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