301 E 3rd St Waterloo, IA 50703
Franklin Gateway NeighborhoodHighlights
- 17,729 Sq Ft lot
- Garage
- 3-minute walk to Lincoln Park
About This Home
As of April 2025Discover an exceptional investment opportunity downtown Waterloo, IA. This multifamily property features (6) units with 2 bedrooms and 2.5 bathrooms per unit. Each unit welcomes you with an inviting open living space on the main level. Amenities include both front and rear entrances, in-unit laundry, gated parking on the rear of the building, fenced in patios, and a two-stall garage per unit. The property is located within walking distance to multiple restaurants, shopping, entertainment, and easy access to public transit and major highways.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,827
Year Built
- Built in 2014
Lot Details
- 0.41 Acre Lot
- Lot Dimensions are 150.4 x 119.3
Parking
- Garage
Home Design
- Flat Roof Shape
- Brick Exterior Construction
Interior Spaces
- 706 Sq Ft Home
- Interior Basement Entry
- Washer and Gas Dryer Hookup
Schools
- Cunningham Elementary School
- Central Middle School
- West High School
Utilities
- Cooling System Powered By Gas
Community Details
- 6 Units
Listing and Financial Details
- Tenant pays for electricity, gas, heat, trash collection, water
- Assessor Parcel Number 891324353016
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/09/2025 04/09/25 | Sold | $1,150,000 | -11.5% | $1,629 / Sq Ft |
| 03/28/2025 03/28/25 | Pending | -- | -- | -- |
| 01/10/2025 01/10/25 | For Sale | $1,300,000 | 0.0% | $1,841 / Sq Ft |
| 10/08/2024 10/08/24 | Off Market | $1,400 | -- | -- |
| 09/26/2024 09/26/24 | For Rent | $1,400 | -- | -- |
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $1,972 | $98,620 | $3,470 | $95,150 |
| 2023 | $1,852 | $98,620 | $3,470 | $95,150 |
| 2022 | $2,031 | $84,300 | $3,470 | $80,830 |
| 2021 | $1,696 | $84,190 | $3,470 | $80,720 |
| 2020 | $1,668 | $74,870 | $1,490 | $73,380 |
| 2019 | $1,668 | $74,870 | $1,490 | $73,380 |
| 2018 | $34 | $74,870 | $1,490 | $73,380 |
| 2017 | $34 | $74,870 | $1,490 | $73,380 |
| 2016 | $1,058 | $74,870 | $1,490 | $73,380 |
| 2015 | $1,058 | $46,610 | $1,490 | $45,120 |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $656,250 | New Conventional |
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,150,000 | None Listed On Document | |
| Warranty Deed | $1,150,000 | None Listed On Document | |
| Warranty Deed | $875,000 | -- | |
| Warranty Deed | $875,000 | -- |
Source: Northeast Iowa Regional Board of REALTORS®
MLS Number: NBR20250663
APN: 8913-24-353-016
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