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Sold on 07/16/2025
Bethany Benner of Oakridge Real Estate

310 E 2nd St, Waterloo, IA 50703

  • $108,000

    Last sold 07/16/2025 after 49 Days

  • —

    bed

  • —

    bath

Multi-family not for sale
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About 310 E 2nd St

Property type Multi-family
Neighborhood
Year built 1893
HOA fee $0/month
Lot size 6,450 Sqft
Rental estimate
Property description
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!
Listed by
Listing Agent - Bethany Benner
Listing Office - Oakridge Real Estate
Source: Northeast Iowa Regional BOR mls logo
MLS#20252457 • last updated 9 months ago
Movoto checked Northeast Iowa Regional BOR for data 15 minutes ago
Overview
Cooling/AC None
Type Residential Income
Lot Size (Acres) 0.15
Year Built 1893
Interior
Basement Entrance-Outside
Laundry None
Exterior
Construction Vinyl Siding
# Open Parking Spaces 5
Amenities / Utilities
Sewer/ Septic Public Sewer
Utilities Electric In Rent, Garbage In Rent, Gas In Rent, Water In Rent
Water Source Public
Location
County Black Hawk
Elementary School Cunningham
High School West High
Middle School Central
Zoning C-2
Multifamily Details
Tenant Pays None
Expense: Water/ Sewer 470
Expense: Electricity 307
Rental est.: $744/month
Gross rent multiplier: 13.4
  • Jul 2025
    mls logo MLS # 20252457
  • Jul 17, 2025 Pending
    —
  • May 28, 2025 Listed
    $120,000 (+76.5%)
  • Apr 2017
    mls logo MLS # 20170299
  • Apr 14, 2017 Sold
    $68,000 (-6.8%)
  • Jan 20, 2017 Listed
    $73,000
  • 310 E 2nd St
    $108K
  • Franklin Gateway
    —
  • 50703
    $90K -24% y/y
  • Waterloo
    $189K -2% y/y
No chart available
Statistics calculated by Movoto

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3/10
Lowell Elementary School
public Grades PK, K-5
Waterloo Community School District
1/10
Central Middle School
public Grades 6-8
Waterloo Community School District
3/10
West High School
public Grades 9-12
Waterloo Community School District
Source: GreatSchools.org © 2026. All rights reserved.

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