Don’t miss the chance to own a fully operational 9-unit apartment complex —a strong indicator of consistent demand with full occupancy. This well-maintained property offers excellent ROI. Ideal for investors seeking stable cash flow and long-term value. Financials available by request.
Sold for $550,000 on 10/01/25
Zestimate®
$550,000
618-620 W 3rd St, Waterloo, IA 50701
11beds
5baths
9,063sqft
Apartment
Built in 1910
-- sqft lot
$550,000 Zestimate®
$61/sqft
$861 Estimated rent
Home value
$550,000
$523,000 - $578,000
$861/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: October 01, 2025 at 08:33am
Listed by:
Brianna Weekley 913-515-3402,
Realty ONE Group Movement
Bought with:
Linda Curran, S57992000
Oakridge Real Estate
Source: Northeast Iowa Regional BOR,MLS#: 20253139
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 11
- Bathrooms: 5
Heating
- Electric
Cooling
- Electric
Appliances
- Laundry: Lower Level
Features
- Basement: Block
Interior area
- Total structure area: 9,063
- Total interior livable area: 9,063 sqft
- Finished area above ground: 3,021
- Finished area below ground: 3,021
Property
Parking
- Parking features: On Street, None
Features
- Levels: Two or More Stories
- Patio & porch: Deck
- Exterior features: Balcony
Lot
- Size: 8,400 sqft
- Dimensions: 70 x 120
- Features: Level
Details
- Parcel number: 891326253004
- Zoning: R-4
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Apartment
Materials
- Synthetic Stucco
- Roof: Rubber
Condition
- Year built: 1910
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Other
Community & neighborhood
Community
- Community features: Sidewalks
Location
- Region: Waterloo
Other
Other facts
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 10/1/2025 | Sold | $550,000-8.2%$61/sqft |
Source:  Northeast Iowa Regional BOR #20253139 | ||
| 8/26/2025 | Pending sale | $599,000$66/sqft |
Source: Northeast Iowa Regional BOR #20253139 | ||
| 7/3/2025 | Listed for sale | $599,000$66/sqft |
Source: Northeast Iowa Regional BOR #20253139 | ||
Public tax history
Tax history is unavailable.
Neighborhood: Church Row Historic
Nearby schools
GreatSchools rating
- 2/10Irving Elementary SchoolGrades: K-5Distance: 0.4 mi
- 1/10Central Middle SchoolGrades: 6-8Distance: 2.7 mi
- 3/10West High SchoolGrades: 9-12Distance: 1.6 mi
Schools provided by the listing agent
- Elementary: Irving Elementary
- 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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