310 E 2nd St, Waterloo, IA 50703
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Property image
OFF MARKET

310 E 2nd St
Waterloo, IA 50703

Franklin Gateway
  • Studio
  • 2,072 sqft
Studio
2,072 sqft

Home Value

Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

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
303 Lafayette St, Waterloo, IA
0.01
Multi-Family Home
$65,000
09/05/25
-
2,336
303 Logan Ave, Waterloo, IA
0.32
Multi-Family Home
$80,000
12/08/25
-
2,656
303 Franklin St, Waterloo, IA
0.13
Multi-Family Home
$50,000
10/10/25
-
3,212
1113 Mulberry St, Waterloo, IA
0.60
Multi-Family Home
$70,000
12/08/25
-
1,948
408-410 E 8th St, Waterloo, IA
0.51
Multi-Family Home
$75,000
01/16/26
-
1,848
1116 Mulberry St, Waterloo, IA
0.60
Multi-Family Home
$147,000
10/15/25
4
2
1,728
1013 Mulberry St, Waterloo, IA
0.53
Multi-Family Home
$70,000
11/07/25
-
1,558
206 Randolph St, Waterloo, IA
0.77
Multi-Family Home
$54,000
11/24/25
-
1,986
1002-1004 Randolph St, Waterloo, IA
0.92
Multi-Family Home
$105,000
09/08/25
-
1,666

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
303 Lafayette St, Waterloo, IA 50703
0.01
$66,800
Studio
-
2,336
Off Market
301-311 E 3rd St, Waterloo, IA 50701
0.05
$1,184,300
Studio
-
8,544
Off Market
218 Mulberry St, Waterloo, IA 50703
0.05
$87,500
Studio
-
1,684
Off Market
128 Lafayette St, Waterloo, IA 50703
0.11
$144,200
Studio
-
2,920
Off Market
217 E 1st St, Waterloo, IA 50703
0.11
$66,800
3
2
1,698
Off Market
303 Franklin St, Waterloo, IA 50703
0.13
$51,300
Studio
-
3,212
Off Market
303 E Mullan Ave, Waterloo, IA 50703
0.17
-
4
2
2,302
Off Market
518 E 2nd St, Waterloo, IA 50703
0.16
$55,000
4
2
1,656
Recently Sold
73 Lafayette St, Waterloo, IA 50703
0.21
-
4
2
2,128
Off Market
71 Lafayette St, Waterloo, IA 50703
0.22
$56,900
4
1
1,392
Off Market

Local Information

  • Map ViewExplore the area around 310 E 2nd St.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Multi-Family
Year Built
1893
Living Area
2,072 sqft
Parking
5 Open Spaces

About this House

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!
310 E 2nd St, Waterloo, IA 50703 is a studio, 2,072 sqft multi-family in Franklin Gateway, built in 1893. It last sold for $108,000 on Aug 29, 2025 (10% below the $120,000 asking price). It is currently off market. The Trulia Estimate rent is $1,064/month.

Home Details for 310 E 2nd St

Interior Features

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

Exterior Features

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

Days on Market

Cumulative Days on Market: 49

Property Information

Year Built
Year Built: 1893
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Apartment
Building
Construction Materials: Vinyl Siding
Property Information
Parcel Number: 891324353005

Price & Status

Price
List Price: $120,000
Status Change & Dates
Off Market Date: Wed Jul 16 2025

Active Status

MLS Status: Closed

Location

Direction & Address
City: Waterloo
School Information
Elementary School: CunninghamJr High / Middle School: CentralHigh School: West High

Building

Building Area
Building Area: 2072 Square Feet

Lot Information

Lot Area: 6534 sqft

Listing Info

Special Conditions: Standard

Business

Expense
Tenant Pays: None

Miscellaneous

BasementMls Number: 20252457Above Grade Unfinished Area: 1064
Last check for updates: about 2 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 and Tax history

DateEventPrice
Aug 29, 2025
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20252457
Sold
$108,000
Jul 17, 2025
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20252457
Pending
$120,000
May 28, 2025
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20252457
Listed For Sale
$120,000
Apr 14, 2017
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20170299
Sold
$68,000
Mar 4, 2017
Source: Agent Provided
Pending
$73,000

Market trends in Waterloo

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$194K
$6KMoM
Sale-to-List Price
99.1%
0.1%MoM
Price per sq ft
$126
$0MoM
Available listings
242
5MoM
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Around this home

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

Apartments for Rent

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Explore by feature - Pet Friendly

70 pet-friendly rentals in Waterloo, IA

Explore by feature - Garage

33 rentals with a garage in Waterloo, IA

Explore by feature - Air Conditioning

47 rentals with air conditioning in Waterloo, IA

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Explore by feature - Outdoor Space

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Homes for sale near 310 E 2nd St

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Off Market Homes Near 310 E 2nd St

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Frequently asked questions about 310 E 2nd St

  • What is the price history for 310 E 2nd St?
    310 E 2nd St in Waterloo, IA last sold for $108,000 in August 2025.
  • Is Waterloo a buyer's or seller's market?
    Waterloo is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Waterloo?
    The median sale price in Waterloo is $194K. That is up $6K from the prior month.
  • What are the closest schools to 310 E 2nd St?
    The closest schools to 310 E 2nd St in Waterloo, IA are Central Middle School (rated 2/10), Cunningham School (Pre-K/Elementary, rated 2/10), West High School (rated 3/10).
  • Does 310 E 2nd St have parking?
    Yes, 310 E 2nd St in Waterloo, IA has on-site parking.
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 2026-08-15 04:22:38 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