301-311 E 3rd St
Waterloo, IA 50701
Franklin Gateway- Studio
- 8,544 sqft (on 0.41 acres)
Studio
8,544 sqft
(on 0.41 acres)
Local Information
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Description
Discover an exceptional investment opportunity downtown Waterloo, IA. This multifamily property features (6) units with 2 bedrooms and 2.5 bathrooms per unit. Each unit welcomes you with an inviting open living space on the main level. Amenities include both front and rear entrances, in-unit laundry, gated parking on the rear of the building, fenced in patios, and a two-stall garage per unit. The property is located within walking distance to multiple restaurants, shopping, entertainment, and easy access to public transit and major highways.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from April 09, 2025
Home Highlights
Parking
Garage
Outdoor
No Info
A/C
Has Cooling
HOA
None
Price/Sqft
No Info
Listed
180+ days ago
Home Details for 301-311 E 3rd St
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Interior Details Basement: Interior Entry |
Dimensions and Layout Living Area: 8544 Square Feet |
Appliances & Utilities Utilities: OtherLaundry: Gas Dryer Hookup,Washer Hookup |
Heating & Cooling Has CoolingAir Conditioning: Gas |
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Exterior Home Features Roof: Flat |
Parking & Garage GarageParking: Garage,Detached |
Water & Sewer Sewer: Public Sewer |
Finished Area Finished Area (above surface): 706 Square Feet |
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Cumulative Days on Market: 78 |
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Year Built Year Built: 2014 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Apartment |
Building Construction Materials: Brick |
Property Information Parcel Number: 891324353016 |
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Price List Price: $1,300,000 |
Status Change & Dates Off Market Date: Sat Mar 29 2025 |
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MLS Status: Closed |
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Direction & Address City: Waterloo |
School Information Elementary School: CunninghamJr High / Middle School: CentralHigh School: West High |
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Building Area Building Area: 8544 Square Feet |
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Lot Area: 0.41 acres |
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Special Conditions: Standard |
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Expense Tenant Pays: Electricity, Gas, Heat, Trash Collection, Water |
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Lease Term: Over 9 Months |
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BasementMls Number: 20250663Above Grade Unfinished Area: 706 |
Last check for updates: about 5 hours ago
Listed by Phillip Shirk, (319) 239-4446
AWRE - Commercial & Development
Lindsey Mcenaney, (563) 419-7644
AWRE - Commercial & Development
Bought with: Lynette D Sorensen, (319) 504-2789, RE/MAX Concepts - Cedar Falls
Source: Northeast Iowa Regional BOR as distributed by MLS GRID, MLS#20250663

Price History for 301-311 E 3rd St
| Date | Price | Event | Source |
|---|---|---|---|
| 04/09/2025 | $1,150,000 | Sold | Northeast Iowa Regional BOR as distributed by MLS GRID #20250663 |
| 04/01/2025 | $1,300,000 | Pending | Northeast Iowa Regional BOR as distributed by MLS GRID #20250663 |
| 02/18/2025 | $1,300,000 | Listed For Sale | Northeast Iowa Regional BOR as distributed by MLS GRID #20250663 |
Comparable Sales for 301-311 E 3rd St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.22 | Multi-Family Home | $550,000 | 03/20/26 | - | 23,910 | ||
0.70 | Multi-Family Home | $550,000 | 10/01/25 | 11 | 5 | 9,063 | |
0.05 | Multi-Family Home | $108,000 | 08/29/25 | - | 2,072 | ||
0.16 | Multi-Family Home | $50,000 | 10/10/25 | - | 3,212 | ||
0.05 | Multi-Family Home | $65,000 | 09/05/25 | - | 2,336 | ||
0.10 | Multi-Family Home | $85,000 | 06/20/25 | - | 1,684 | ||
0.36 | Multi-Family Home | $80,000 | 12/08/25 | - | 2,656 | ||
0.47 | Multi-Family Home | $14,643 | 12/08/25 | - | 3,340 | ||
1.33 | Multi-Family Home | $310,000 | 04/08/26 | - | 8,160 | ||
0.55 | Multi-Family Home | $70,000 | 12/08/25 | - | 1,948 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 301-311 E 3rd St.
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.
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Homes for sale near 301-311 E 3rd St
Off Market Homes Near 301-311 E 3rd St

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 2026-05-22 06:12:18 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
Based on information submitted to the MLS GRID as of 2026-05-22 06:12:18 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
Homes for rent near 301-311 E 3rd St
301-311 E 3rd St, Waterloo, IA 50701 is a studio, 8,544 sqft multi-family built in 2014. 301-311 E 3rd St is located in Franklin Gateway, Waterloo. This property is not currently available for sale. 301-311 E 3rd St was last sold on Apr 9, 2025 for $1,150,000 (12% lower than the asking price of $1,300,000). The current Trulia Estimate for 301-311 E 3rd St is $1,153,700.

