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.
For sale
$3,200,000
315 Walnut St, Waterloo, IA 50703
--beds
--baths
--sqft
Apartment
Built in 1922
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 198 days
- 129
- 2
Zillow last checked:
Listing updated:
Listed by:
Richard Lockard 319-939-3678,
Realty ONE Group Movement
Source: Northeast Iowa Regional BOR as distributed by MLS GRID,MLS#: 20260804
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: 199 days
- Lease term: Other
- Tenant pays: None
- Road surface type: Hard Surface Road
Estimated market value
Not available
Estimated sales range
Not available
$1,191/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/15/2026 | Price change | $3,200,000-11.1% |
Source:  Northeast Iowa Regional BOR as distributed by MLS GRID #20260804 Report a problem | ||
| 2/27/2026 | Listed for sale | $3,600,000+260% |
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20260804 Report a problem | ||
| 6/5/2013 | Sold | $1,000,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Walnut
Nearby schools
Schools provided by the listing agent
- Elementary: Cunningham
- Middle: Central MS - Waterloo CSD
- 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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