310 E 2nd St
Waterloo, IA 50703
Franklin Gateway
Studio
2,072 sqft
$108,000
Last Sold: Aug 29, 2025
10% below list $120K
$52/sqft
$108,000
Last Sold: Aug 29, 2025
10% below list $120K
$52/sqft
Studio
2,072 sqft
Homes for sale near 310 E 2nd St
Selvedina Samardzic, Vine Valley Real Estate, Northeast Iowa Regional BOR as distributed by MLS GRID- Brandie White, Berkshire Hathaway Home Services One Realty Centre, Northeast Iowa Regional BOR as distributed by MLS GRID
- Leeann Sires, EPM, Iowa, Northeast Iowa Regional BOR as distributed by MLS GRID
- Justin Finn, Four Seasons Realtors Inc, Northeast Iowa Regional BOR as distributed by MLS GRID
- Marty Stoakes, Martin Inc., Realtors, Northeast Iowa Regional BOR as distributed by MLS GRID
- Kelly Jo Fretto, Pinnacle Realty, Northeast Iowa Regional BOR as distributed by MLS GRID
- Derick Rogers, Realty ONE Group Movement, Northeast Iowa Regional BOR as distributed by MLS GRID
- Lance Bertram, Fischels Residential Group, Northeast Iowa Regional BOR as distributed by MLS GRID
- 0.29 ACRESRon Garris, Crb,Crs, AWRE - Commercial & Development, Northeast Iowa Regional BOR as distributed by MLS GRID
- 1.16 ACRESRichard Lockard, Realty ONE Group Movement, Northeast Iowa Regional BOR as distributed by MLS GRID
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Local Information
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Description
Opportunity knocks with this cash-flowing 5-plex located just minutes from the heart of downtown Waterloo. Four of the five units are already leased to tenants, with one vacant unit ready for you to fill. Each unit features 1 bedroom and 1 bathroom. Whether you're a seasoned investor or just getting started, this property is primed and ready to generate income from day one. Don't miss your chance to own a multi-family investment in one of Waterloo’s most convenient locations!
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 August 30, 2025
Home Highlights
Parking
5 Open Spaces
Outdoor
No Info
HOA
None
Price/Sqft
$52/sqft
Listed
180+ days ago
Home Details for 310 E 2nd St
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Interior Details Basement: Exterior Entry |
Dimensions and Layout Living Area: 2072 Square Feet |
Appliances & Utilities Utilities: Electric in Rent, Garbage in Rent, Gas in Rent, Water in RentLaundry: None |
Heating & Cooling No CoolingAir Conditioning: None |
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Exterior Home Features Roof: Asphalt |
Parking & Garage Open Parking Spaces: 5Has Open ParkingParking Spaces: 5Parking: Parking Pad,None |
Water & Sewer Sewer: Public Sewer |
Finished Area Finished Area (above surface): 1064 Square FeetFinished Area (below surface): 1008 Square Feet |
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Cumulative Days on Market: 49 |
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Year Built Year Built: 1893 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Apartment |
Building Construction Materials: Vinyl Siding |
Property Information Parcel Number: 891324353005 |
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Price List Price: $120,000Price Per Sqft: $52/sqft |
Status Change & Dates Off Market Date: Wed Jul 16 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: 2072 Square Feet |
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Lot Area: 6534 sqft |
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Special Conditions: Standard |
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Expense Tenant Pays: None |
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BasementMls Number: 20252457Above Grade Unfinished Area: 1064 |
Last check for updates: about 21 hours ago
Listed by Bethany Benner, (319) 551-4010
Oakridge Real Estate
Bought with: Jo A Johnson, (319) 231-4887, RE/MAX Concepts - Waterloo
Source: Northeast Iowa Regional BOR as distributed by MLS GRID, MLS#20252457
Price History for 310 E 2nd St
| Date | Price | Event | Source |
|---|---|---|---|
| 08/29/2025 | $108,000 | Sold | Northeast Iowa Regional BOR as distributed by MLS GRID #20252457 |
| 07/17/2025 | $120,000 | Pending | Northeast Iowa Regional BOR as distributed by MLS GRID #20252457 |
| 05/28/2025 | $120,000 | Listed For Sale | Northeast Iowa Regional BOR as distributed by MLS GRID #20252457 |
| 04/14/2017 | $68,000 | Sold | Northeast Iowa Regional BOR as distributed by MLS GRID #20170299 |
| 03/04/2017 | $73,000 | Pending | Agent Provided |
| 01/21/2017 | $73,000 | PriceChange | Agent Provided |
| 10/19/2016 | $75,000 | Listed For Sale | Agent Provided |
| 05/31/2013 | $45,000 | Sold | N/A |
| 10/12/2012 | $425 | ListingRemoved | Agent Provided |
| 08/15/2012 | $425 | Listed For Sale | Agent Provided |
| 03/28/2012 | $450 | ListingRemoved | Agent Provided |
| 02/15/2012 | $450 | Listed For Sale | Agent Provided |
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Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $1,494 |
| Assessment | $80,830 |
Home facts updated by county records
Comparable Sales for 310 E 2nd St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.01 | Multi-Family Home | $65,000 | 09/05/25 | - | 2,336 | ||
0.05 | Multi-Family Home | $85,000 | 06/20/25 | - | 1,684 | ||
0.32 | Multi-Family Home | $80,000 | 12/08/25 | - | 2,656 | ||
0.13 | Multi-Family Home | $50,000 | 10/10/25 | - | 3,212 | ||
0.60 | Multi-Family Home | $70,000 | 12/08/25 | - | 1,948 | ||
0.51 | Multi-Family Home | $75,000 | 01/16/26 | - | 1,848 | ||
0.60 | Multi-Family Home | $147,000 | 10/15/25 | 4 | 2 | 1,728 | |
0.53 | Multi-Family Home | $70,000 | 11/07/25 | - | 1,558 | ||
0.77 | Multi-Family Home | $54,000 | 11/24/25 | - | 1,986 |
Assigned Schools
These are the assigned schools for 310 E 2nd St.
- Cunningham School
- PK-5
- Public
- 376 Students
3/10GreatSchools RatingParent Rating Averagethese people be mean and they need more adults watchin them kids. My niece be crying and stuff.Its okay but they can do betterOther Review11y ago - West High School
- 9-12
- Public
- 1652 Students
3/10GreatSchools RatingParent Rating AverageBorn and raised in Waterloo, Currently 21. Went to Kittrell, Orange, Hoover middle, West High, Hawkeye CC, and currently University of Northern Iowa. West High school will more than prepare your child for their future. They offer a excellent education in whatever your child may seek interest in, as well as superb sports teams. They as well have a detached Career Center building where your child can earn college credits and save money in the process. Teachers are amazing and your child will love it. As my classmates and i did. Police officers keep the peace, multiple counselors and Principals so your children will always be heard. AP classes and more available.Other Review3y ago - Central Middle School
- 6-8
- Public
- 471 Students
1/10GreatSchools RatingParent Rating Averagecares about the education of my child. Issuesa arise becasue often teachers and administrators hands are tied because of district rules making it impossible to get kids who are disruptive and aren't ready for learning out of the classroom - alternative seats are very limited. The teachers and staff work very hard to make every student feel welcome and part of the school. Interesting to read parent complaints when very few parents are involved in anything other than extra-curricular activites. Yes - some teachers could challenge kids more but parents need to be ready to support learning at home.Parent Review12y ago 
Check out schools near 310 E 2nd St.
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
Learn more about our methodology.
LGBTQ Local Legal Protections
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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 2026-05-07 16:12:27 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 2026-05-07 16:12:27 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 310 E 2nd St
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Off Market Homes Near 310 E 2nd St
- SOLDMAY 6, 2026Elke M Gerdes, Structure Real Estate, Northeast Iowa Regional BOR as distributed by MLS GRID
- SOLDMAY 4, 2026Luann Moran, Realty ONE Group Movement, Northeast Iowa Regional BOR as distributed by MLS GRID
- SOLDMAY 1, 2026Jodi A Hulin, Soltice Station Real Estate, Northeast Iowa Regional BOR as distributed by MLS GRID
- SOLDAPR 30, 2026Jessica E Schoof, Structure Real Estate, Northeast Iowa Regional BOR as distributed by MLS GRID
- SOLDAPR 30, 2026Gordie Sorensen, RE/MAX Concepts - Cedar Falls, Northeast Iowa Regional BOR as distributed by MLS GRID
- SOLDAPR 30, 2026Gordie Sorensen, RE/MAX Concepts - Cedar Falls, Northeast Iowa Regional BOR as distributed by MLS GRID
- SOLDAPR 30, 2026Peggy Feltus, Cedar Valley Property Solutions-Charles City, Northeast Iowa Regional BOR as distributed by MLS GRID
- SOLDAPR 30, 2026Troy Olson, Oakridge Real Estate, Northeast Iowa Regional BOR as distributed by MLS GRID
- SOLDAPR 30, 2026Mersiha Mustedanagic, Oakridge Real Estate, Northeast Iowa Regional BOR as distributed by MLS GRID
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310 E 2nd St, Waterloo, IA 50703 is a studio, 2,072 sqft multi-family built in 1893. 310 E 2nd St is located in Franklin Gateway, Waterloo. This property is not currently available for sale. 310 E 2nd St was last sold on Aug 29, 2025 for $108,000 (10% lower than the asking price of $120,000).