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For sale
  • $3,600,000

    315 Walnut St, Waterloo, IA 50703

    --beds
    --baths
    --sqft
    : 
    Apartment
    Built in 1922
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    93 unit Senior Housing Community - Downtown Waterloo IA Located in the heart of downtown Waterloo, this well maintained apartment community offer investors a stabilized asset with a strong historical occupancy and consistent cash flow. Walnut Court Senior Housing Pro-forma available.
    29 days
    |
    769
    |
    11
    |

    Zillow last checked: 7 hours ago

    Listing updated: March 04, 2026 at 03:01am

    Listed by:

    Richard Lockard 319-939-3678,

    Realty ONE Group Movement

    Source: Northeast Iowa Regional BOR as distributed by MLS GRID,MLS#: 20260804MLS Logo

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      Facts & features

      Interior

      Heating
      • Steam
      Cooling
      • Window Unit(s)
      Appliances
      • Laundry: Laundry Room
      Features
      • Basement: Brick/Mortar
      Interior area
      • Total structure area: 0
      • Finished area above ground: 0
      • Finished area below ground: 0

      Property

      Parking
      • Total spaces: 28
      • Parking features: On Street, None
      • Uncovered spaces: 28
      Lot
      • Size: 1.16 Acres
      • Dimensions: 242 x 215 x 325
      Details
      • Parcel number: 891324309001
      • Zoning: R-3
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Apartment
      Materials
      • Brick
      • Roof: Membrane
      Condition
      • Year built: 1922

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Paid by Individual, Electric in Rent, Elec Individual Meters, Garbage in Rent, Gas in Rent, Gas Individual Meters, Water in Rent

      Community & HOA

      Location
      • Region: Waterloo

      Financial & listing details

      • Tax assessed value: $2,836,070
      • Annual tax amount: $61,285
      • Date on market: 2/27/2026
      • Cumulative days on market: 30 days
      • Lease term: Other
      • Tenant pays: None
      • Road surface type: Hard Surface Road
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        Estimated market value

        Not available

        Estimated sales range

        Not available

        $717/mo

        Price history

        Price history
        DateEventPrice
        2/27/2026Listed for sale$3,600,000+260%
        Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20260804 Report a problem
        6/5/2013Sold$1,000,000
        Source: Public Record Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2025$61,284 +8.5%$2,836,070 +0.4%
        2024$56,464 +119.5%$2,825,000
        2023$25,729 +2.7%$2,825,000 +141.1%
        2022$25,048 -6.4%$1,171,520
        2021$26,762 +1.6%$1,171,520 -0.9%
        2020$26,330 -0.9%$1,181,580
        2019$26,561 +0.8%$1,181,580
        2018$26,344 0%$1,181,580
        2017$26,344 -1.7%$1,181,580
        2016$26,806 $1,181,580
        2015$26,806 -43.8%$1,181,580
        2014$47,680 +3.8%$1,181,580 +6.9%
        2012$45,955 $1,105,070
        2011-- $1,105,070 -25.6%
        2006-- $1,485,740
        2005-- $1,485,740 +79.8%
        2003-- $826,130
        2002-- $826,130
        2001-- $826,130

        Find assessor info on the county website

        BuyAbility℠ payment

        Est. payment
        $22,735/mo
        Principal & interest
        $18565
        Property taxes
        $4170
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          Climate risks

          Neighborhood: Walnut

          Getting around

          71 / 100
          Very Walkable
          36 / 100
          Some Transit
          68 / 100
          Bikeable

          Nearby schools

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