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!
For sale
$120,000
310 E 2nd St, Waterloo, IA 50703
--beds
--baths
2,072sqft
Est.:
MultiFamily
Built in 1893
-- sqft lot
$117,000 Zestimate®
$58/sqft
$-- HOA
What's special
- 11 days
- on Zillow |
- 148 |
- 11 |
Zillow last checked: 7 hours ago
Listing updated: June 02, 2025 at 04:01am
Listed by:
Bethany Benner 319-551-4010,
Oakridge Real Estate
Source: Northeast Iowa Regional BOR,MLS#: 20252457
Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
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 Square Feet
- Dimensions: 43x150
Details
- Parcel number: 891324353005
- Zoning: C-2
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
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 & HOA
Location
- Region: Waterloo
Financial & listing details
- Price per square foot: $58/sqft
- Tax assessed value: $80,830
- Annual tax amount: $1,376
- Date on market: 5/28/2025
- Tenant pays: None
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