For sale

$3,600,000

315 Walnut St, Waterloo, IA 50703

--beds

--baths

--sqft

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Apartment

Built in 1922

-- sqft lot

$-- Zestimate^®

$--/sqft

$-- HOA

What's special

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.

105 days

161

4

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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: 106 days
Lease term: Other
Tenant pays: None
Road surface type: Hard Surface Road

Estimated market value

Not available

Estimated sales range

Not available

$908/mo

Price history

Date	Event	Price
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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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.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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Climate risks

Neighborhood: Walnut

Getting around

71 / 100

Very Walkable

36 / 100

Some Transit

68 / 100

Bikeable

Nearby schools

GreatSchools rating

3/10
Cunningham School
Grades: PK-5Distance: 0.8 mi
1/10
Central Middle School
Grades: 6-8Distance: 3.3 mi
3/10
West High School
Grades: 9-12Distance: 2.4 mi

Schools provided by the listing agent

Elementary: Cunningham
Middle: Central
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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