Opportunity knocks with this cash-flowing 5-plex located just minutes from the heart of downtown Waterloo. Four of the five units are already leased to tenants, with one vacant unit ready for you to fill. Each unit features 1 bedroom and 1 bathroom. Whether you're a seasoned investor or just getting started, this property is primed and ready to generate income from day one. Don't miss your chance to own a multi-family investment in one of Waterloo’s most convenient locations!
Sold for $108,000
$108,000
310 E 2nd St, Waterloo, IA 50703
--beds
--baths
2,072sqft
Apartment
Built in 1893
-- sqft lot
$-- Zestimate®
$52/sqft
$1,480 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,480/mo
Zestimate® history
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Owner options
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$1,480/mo
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Rent Zestimate®
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$582/mo
Est. payment
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See today's rates$582/mo
Est. payment
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List your homeWhat's special
Zillow last checked: 7 hours ago
Listing updated: August 30, 2025 at 04:01am
Listed by:
Bethany Benner 319-551-4010,
Oakridge Real Estate
Bought with:
Jo A Johnson, S64774000
RE/MAX Concepts - Waterloo
Source: Northeast Iowa Regional BOR as distributed by MLS GRID,MLS#: 20252457
Facts & features
Interior
Cooling
- None
Appliances
- Laundry: None
Features
- Basement: Exterior Entry
Interior area
- Total structure area: 2,072
- Total interior livable area: 2,072 sqft
- Finished area above ground: 1,064
- Finished area below ground: 1,008
Property
Parking
- Total spaces: 5
- Parking features: Parking Pad, None
- Uncovered spaces: 5
Lot
- Size: 6,534 sqft
- Dimensions: 43x150
Details
- Parcel number: 891324353005
- Zoning: C-2
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Apartment
Materials
- Vinyl Siding
- Roof: Asphalt
Condition
- Year built: 1893
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electric in Rent, Garbage in Rent, Gas in Rent, Water in Rent
Community & neighborhood
Location
- Region: Waterloo
Price history
| Date | Event | Price |
|---|---|---|
| 8/29/2025 | Sold | $108,000-10%$52/sqft |
Source:  Northeast Iowa Regional BOR as distributed by MLS GRID #20252457 Report a problem | ||
| 7/17/2025 | Pending sale | $120,000$58/sqft |
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20252457 Report a problem | ||
| 5/28/2025 | Listed for sale | $120,000+76.5%$58/sqft |
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20252457 Report a problem | ||
| 4/14/2017 | Sold | $68,000-6.8%$33/sqft |
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20170299 Report a problem | ||
| 3/4/2017 | Pending sale | $73,000$35/sqft |
Source: Oakridge Realtors #20170299 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,494 +8.5% | $80,830 +17.4% |
| 2024 | $1,376 +22.5% | $68,860 |
| 2023 | $1,124 -12.8% | $68,860 +34.6% |
Find assessor info on the county website
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 as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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