213-223 E  5th St, Waterloo, IA 50703
Property image
Property image
SOLD
MAR 20, 2026

$562,900

Trulia Estimate
  • Studio
  • 23,910 sqft

213-223 E 5th St, Waterloo, IA 50703

Franklin Gateway
Est. Refi. Payment $3,778/mo*
Refinance Your Home
Currently Off Market - Sold Mar 20, 2026 for $550,000 (27% below list price)

Home Value

Trulia Estimate
$563K
Since last month
Increased$2K (+0.4%)
Since last year
Decreased$130K (-18.7%)
Since last sale
Increased$13K (+2.4%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value decreased by -19% in the last 10 years
MonthEstimated value
2026
September 2026$563K
August 2026$561K
July 2026$558K
June 2026$552K
May 2026$550K
April 2026$549K
March 2026$550K
February 2026$693K

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.70
Multi-Family Home
$550,000
10/01/25
11
5
9,063
0.28
Multi-Family Home
$14,643
12/08/25
-
3,340
0.32
Multi-Family Home
$50,000
10/10/25
-
3,212
0.35
Multi-Family Home
$147,000
10/15/25
4
2
1,728
0.35
Multi-Family Home
$70,000
12/08/25
-
1,948
0.28
Multi-Family Home
$75,000
01/16/26
-
1,848
0.29
Multi-Family Home
$70,000
11/07/25
-
1,558
0.56
Multi-Family Home
$80,000
12/08/25
-
2,656
1.28
Multi-Family Home
$310,000
04/08/26
-
8,160

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.19
$270,000
Studio
-
3,632
For Sale
0.22
$1,189,200
Studio
-
8,544
Off Market
0.27
$67,200
Studio
-
2,336
Off Market
0.27
-
Studio
-
2,072
Off Market
0.28
$75,000
Studio
-
1,848
Recently Sold
0.28
$14,643
Studio
-
3,340
Recently Sold
0.28
$169,900
3
1.5
2,282
Off Market
0.29
$72,200
Studio
-
1,558
Off Market
0.31
$88,000
Studio
-
1,684
Off Market
0.32
$51,700
Studio
-
3,212
Off Market

Local Information

  • Map ViewExplore the area around 213-223 E 5th St.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Multi-Family
Built in 1910
23,910 sqft
$23/sqft

About this House

27 units- 24 apartments 3 stoore fronts
213-223 E 5th St, Waterloo, IA 50703 is a studio, 23,910 sqft multi-family in Franklin Gateway, built in 1910. It last sold for $550,000 on Mar 20, 2026 (27% below the $749,900 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $562,900, with a rent estimate of $779/month.
Last check for updates: about 2 hours ago
Listed by Michael Taylor, (319) 239-3659
Lockard Realty Company
Bought with: Derick Rogers, (319) 504-2162, Realty ONE Group Movement
Source: Northeast Iowa Regional BOR as distributed by MLS GRID, MLS#20255899

Home Details for 213-223 E 5th St

Interior Features

Interior Details
Basement: Concrete
Dimensions and Layout
Living Area: 23910 Square Feet
Appliances & Utilities
Utilities: Electric in RentLaundry: 1st Floor
Heating & Cooling
Has CoolingAir Conditioning: Wall Unit(s)

Exterior Features

Exterior Home Features
Roof: Membrane
Parking & Garage
Parking: On Street,None
Water & Sewer
Sewer: Public Sewer
Finished Area
Finished Area (above surface): 7970 Square FeetFinished Area (below surface): 7970 Square Feet

Days on Market

Cumulative Days on Market: 25

Property Information

Year Built
Year Built: 1910
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Apartment
Building
Construction Materials: Brick
Property Information
Parcel Number: 891325103004

Price & Status

Price
List Price: $749,900Price Per Sqft: $23/sqft
Status Change & Dates
Off Market Date: Tue Jan 06 2026

Active Status

MLS Status: Closed

Location

Direction & Address
City: Waterloo
School Information
Elementary School: Highland ElementaryJr High / Middle School: George Washington Carver AcademyHigh School: East High

Building

Building Area
Building Area: 23910 Square Feet

Lot Information

Lot Area: 10080 sqft

Listing Info

Special Conditions: Standard

Business

Expense
Tenant Pays: None

Miscellaneous

BasementMls Number: 20255899Above Grade Unfinished Area: 7970

Price and Tax history

DateEventPrice
Mar 20, 2026
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20255899
Sold
$550,000
Jan 6, 2026
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20255899
Pending
$749,900
Dec 30, 2025
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20255899
PriceChange
$749,900
Price decreased by 6%
Dec 12, 2025
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20255899
Listed For Sale
$799,900

Market trends in Waterloo

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$188K
$6K
MoM
Sale-to-List Price
99.0%
0.1%
MoM
Price per sq ft
$122
$3
MoM
Available listings
257
15
MoM

Around this home

The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Franklin Gateway

At least 1 Trulia users voted on each feature.
  • 100 % Say it's walkable to grocery stores

  • 100 % Say car is needed

  • 100 % Say there are sidewalks

  • 100 % Say yards are well-kept

  • 83 % Say parking is easy

  • 67 % Say it's dog friendly

  • 67 % Say there's holiday spirit

  • 67 % Say it's walkable to restaurants

  • 67 % Say kids play outside

  • 57 % Say they plan to stay for at least 5 years

  • 50 % Say there are community events

  • 50 % Say streets are well-lit

  • 50 % Say neighbors are friendly

  • 40 % Say people would walk alone at night

  • 33 % Say it's quiet

Sourced by Trulia users. Learn more about our methodology.

LGBTQ Local Legal Protections

IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.
Based on information submitted to the MLS GRID as of 2026-09-25 00:37:14 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information

Frequently asked questions about 213-223 E 5th St

  • What is 213-223 E 5th St estimated to be worth?
    Trulia's estimated value for 213-223 E 5th St in Waterloo, IA is $562,900.
  • What is the price history for 213-223 E 5th St?
    213-223 E 5th St in Waterloo, IA last sold for $550,000 in March 2026.
  • Is Waterloo a buyer's or seller's market?
    Waterloo is currently a balanced market, based on recent for-sale activity.
  • What's the median sale price in Waterloo?
    The median sale price in Waterloo is $188K. That is down $6K from the prior month.
  • Does 213-223 E 5th St have air conditioning?
    Yes, 213-223 E 5th St in Waterloo, IA has air conditioning.
  • Does 213-223 E 5th St have laundry facilities?
    Yes, 213-223 E 5th St in Waterloo, IA has laundry facilities.

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