Beautiful triplex opportunity. Well kept, unique, one level triplex units featuring 2 bedrooms and 2 bathrooms in each unit, large square footage, great storage, separate laundry in each unit, walk in closets, pantry space, and all metered separately. 5311 Blue Bonnet has a double, detached, heated garage space. 5309 has a single detached garage space, and 3216 Thistle Down has a double, detached garage space. Great potential. Schedule your showing today.
Pending
$549,900
5309-5311 Blue Bonnet Dr #5309-5311/3216, Waterloo, IA 50702
6beds
4baths
1,544sqft
Triplex
Built in 1978
-- sqft lot
$514,600 Zestimate®
$356/sqft
$-- HOA
What's special
Great storageWalk in closetsPantry spaceSingle detached garage space
- 88 days
- 28
- 1
Zillow last checked:
Listing updated:
Listed by:
Carissa L Holton 319-830-3598,
EXP Realty, LLC
Source: Northeast Iowa Regional BOR as distributed by MLS GRID,MLS#: 20262461
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
Heating
- Electric, Heat Pump
Cooling
- Central Air, Electric, Heat Pump
Appliances
- Laundry: 1st Floor, Laundry Room
Features
- Basement: Radon Mitigation System,Slab
Interior area
- Total structure area: 1,544
- Total interior livable area: 1,544 sqft
- Finished area above ground: 5,144
- Finished area below ground: 0
Property
Parking
- Total spaces: 6
- Parking features: Garage, Parking Pad, Detached
- Uncovered spaces: 6
Features
- Levels: One
Lot
- Size: 1.2 Acres
Details
- Has additional parcels: Yes
- Parcel number: 881218104006
- Zoning: R-3
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Materials
- Wood Siding
- Roof: Asphalt
Condition
- Year built: 1978
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Paid by Individual, Elec Individual Meters, Separate Meters, Water - Multiple Meters
Community & HOA
Community
- Subdivision: Timothy Ridge Addition
Location
- Region: Waterloo
Financial & listing details
- Price per square foot: $356/sqft
- Tax assessed value: $607,000
- Annual tax amount: $11,519
- Date on market: 6/3/2026
- Cumulative days on market: 88 days
- Lease term: Over 9 Months
- Tenant pays: Electricity, Trash Collection, Heat, Water
Estimated market value
$514,600
$489,000 - $540,000
$1,013/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/29/2026 | Pending sale | $549,900$356/sqft |
Source: eXp Realty #20262461 Report a problem | ||
| 6/3/2026 | Listed for sale | $549,900$356/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 50702
Nearby schools
Schools provided by the listing agent
- Elementary: Orange Elementary
- Middle: Hoover Intermediate
- High: West 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.




