Skip main navigation
For sale
    • $85,000

    314 Lester St, Waterloo, IA 50703

    --beds
    --baths
    1,380sqft
    : 
    $650/mo
    Get pre-qualified
    Triplex
    Built in 1916
    -- sqft lot
    $79,700 Zestimate®
    $62/sqft
    $-- HOA

    What's special

    Newer flooring
    Great cash flow investment opportunity directly across from Gates Park! Fully rented triplex provides immediate cashflow. Unit 1-1 bed 1 bath with stove and refrigerator $475/mo. Unit 2-1 bed 1 bath with stove and refrigerator $525/mo. Unit 3-1 bed 1 bath with stove and refrigerator $375/mo. Each unit has its own electric meter. Owner currently pays water, snow removal & lawn care. Seller has proactively maintained units with multiple updates including: newer flooring, paint, cabinets, countertop, shower.
    43 days
    |
    154
    |
    20
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    David Woods 319-242-2720,

    Oakridge Real Estate

    Source: Northeast Iowa Regional BOR as distributed by MLS GRID,MLS#: 20262962MLS Logo

      Facts & features

      Interior

      Heating
      • Forced Air, Natural Gas
      Cooling
      • Window Unit(s)
      Appliances
      • Laundry: None
      Features
      • Basement: Block
      Interior area
      • Total structure area: 1,380
      • Total interior livable area: 1,380 sqft
      • Finished area above ground: 852
      • Finished area below ground: 732

      Property

      Parking
      • Total spaces: 4
      • Parking features: Gravel, None
      • Uncovered spaces: 4
      Features
      • Levels: Two
      Lot
      • Size: 7,840 Square Feet
      • Dimensions: 54x144
      Details
      • Parcel number: 891313328004
      • Zoning: R-2
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Triplex
      Materials
      • Vinyl Siding
      • Roof: Asphalt
      Condition
      • Year built: 1916

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Paid by Individual, Elec Individual Meters

      Community & HOA

      Location
      • Region: Waterloo

      Financial & listing details

      • Price per square foot: $62/sqft
      • Tax assessed value: $56,990
      • Annual tax amount: $1,044
      • Date on market: 7/1/2026
      • Cumulative days on market: 136 days
      • Lease term: Over 9 Months
      • Tenant pays: Electricity, Gas, Heat, Trash Collection
      • Road surface type: Hard Surface Road

        Estimated market value

        $79,700

        $76,000 - $84,000

        $976/mo

        Price history

        DateEventPrice
        7/1/2026Listed for sale$85,000$62/sqft
        Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20262962 Report a problem
        7/1/2026Listing removed$85,000$62/sqft
        Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20261233 Report a problem
        4/30/2026Price change$85,000-5.6%$62/sqft
        Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20261233 Report a problem
        3/30/2026Listed for sale$90,000+33.3%$65/sqft
        Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20261233 Report a problem
        7/7/2023Sold$67,500-3.6%$49/sqft
        Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20232101 Report a problem
        6/8/2023Pending sale$70,000$51/sqft
        Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20232101 Report a problem
        5/31/2023Listed for sale$70,000+7.9%$51/sqft
        Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20232101 Report a problem
        9/23/2022Listing removed--
        Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20222277 Report a problem
        7/18/2022Listed for sale$64,900$47/sqft
        Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20222277 Report a problem
        6/16/2022Pending sale$64,900$47/sqft
        Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20222277 Report a problem
        5/25/2022Listed for sale$64,900-8.6%$47/sqft
        Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20222277 Report a problem
        7/29/2019Listing removed$71,000$51/sqft
        Source: Pregler, Properties #20190221 Report a problem
        1/14/2019Listed for sale$71,000+16.4%$51/sqft
        Source: Pregler, Properties #20190221 Report a problem
        1/16/2018Listing removed$500
        Source: Pregler Properties LLC Report a problem
        1/12/2018Listed for rent$500+56.3%
        Source: Pregler Properties LLC Report a problem
        9/20/2017Listing removed$320
        Source: Martin Realtors Report a problem
        8/23/2017Listed for rent$320
        Source: Martin Realtors Report a problem
        7/28/2016Listing removed$61,000$44/sqft
        Source: RE/MAX HOME GROUP #20154922 Report a problem
        1/28/2016Price change$61,000-4.7%$44/sqft
        Source: RE/MAX HOME GROUP #20154922 Report a problem
        7/28/2015Listed for sale$64,000-24.7%$46/sqft
        Source: RE/MAX HOME GROUP #20154922 Report a problem
        2/14/2007Sold$85,000$62/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,044 +12.6%$56,990 +18.4%
        2024$928 +18.6%$48,140 +3.7%
        2023$782 +2.7%$46,420 +30.3%
        2022$762 -5.6%$35,620
        2021$807 +1.6%$35,620
        2020$794 -0.9%$35,620
        2019$801 +0.8%$35,620
        2018$794 +0%$35,620
        2017$794 -1.7%$35,620
        2016$808 $35,620
        2015$808 +0.7%$35,620
        2014$802 -4.4%$35,620 -10.4%
        2012$839 -24.4%$39,740
        2011$1,110 +1.5%$39,740 -25.8%
        2010$1,094 +2.8%$53,580 -1.7%
        2009$1,064 +2.2%$54,530
        2008$1,041 +113.6%$54,530 +7%
        2007$488 -0.5%$50,960 +110.1%
        2006$490 +0.5%$24,260
        2005$488 +5.8%$24,260 +18.1%
        2003$461 +1.7%$20,550
        2002$453 +10.8%$20,550 +18%
        2001$409 $17,410
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.
        Get pre-qualified

        Climate risks

        Neighborhood: Roosevelt

        Getting around

        41 / 100
        Car-Dependent
        19 / 100
        Minimal Transit
        35 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Cunningham
        • Middle: George Washington Carver Academy
        • 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.

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts

        Similar homes

              Nearby cities

              Nearby neighborhoods

              Nearby zip codes

              Other Waterloo Topics

                Search
                Updates
                Favorites
                Plan
                Inbox