325 E  Park Ave #151, Waterloo, IA 50703
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OFF MARKET
  • Studio
  • 1 Bath

325 E Park Ave #151, Waterloo, IA 50703

Franklin Gateway

Home Highlights

Apartment

Local Information

  • Map ViewExplore the area around 325 E Park Ave #151.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

2 MONTHS FREE WITH A 12 MONTH LEASE

Units are going quick, don't miss out on this deal

Urban lofts with charm.

Units at the The Temple will occupy multiple "stories" in order to retain the feeling of openness in the renovated spaces. Much of the character of this building is defined by the original steel bridge trusses, which remain exposed within the multi-story lofts. The exposed brick and original steel bring character unmatched in Downtown Waterloo.

Historic renovation.

As an existing historic building, the Masonic Temple occupies a significant architectural and contextual place in the story of Waterloo, Iowa. The craft and durability of its construction remain clear: fine brickwork and intricate detailing plus a mysterious tradition filled with symbolism. This historic renovation brings this character to life in the individual apartments and community spaces.

Space to thrive.

Being a century-old four-story building presents opportunities to maximize the existing space with exciting tenant amenities. The Temple renovation was designed to offer an array of community areas, we are proud to partner with community non profits to offer them a home within this historic space!
325 E Park Ave #151, Waterloo, IA 50703 is a studio, 1 bathroom apartment in Franklin Gateway. More recently, it was listed as a rental in December 2025. That rental listing was removed on February 12, 2026. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate rent is $709/month.
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Home Details for 325 E Park Ave #151

Interior Features

Heating & Cooling
Heating: Natural GasHeating Fuel: Natural Gas
Appliances & Utilities
DishwasherMicrowaveRefrigerator

Property Information

Property Type / Style
Property Type: Apartment

Rental Terms, Policies & Fees

Lease Term: Contact For Details

Exterior Features

Exterior Home Features
Lawn

Building

Community rooms
Fitness Center

Comparable Sales for 325 E Park Ave #151

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1.45
Apartment
$130,000
01/07/26
1
1
1,352 sqft
2.36
Apartment
$200,000
04/03/26
2
1
824 sqft
3.85
Apartment
$265,000
09/25/25
2
1
900 sqft
Home facts updated by county records

Nearby homes

Get a sense of prices in the area by checking nearby homes.
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Rental Market Trends in Franklin Gateway

Last updated Sep 2026
Trulia Rent Estimate$709/mo
Average rent
$750
Available listings
11
View rental market trends in Waterloo, IA

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

Price and Tax history

DateEventPrice
Feb 12, 2026
Source: Zillow Rentals
ListingRemoved
Dec 17, 2025
Source: Zillow Rentals
Listed For Rent

Frequently asked questions about 325 E Park Ave #151

  • 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.
  • What are the closest schools to 325 E Park Ave #151?
    The closest schools to 325 E Park Ave #151 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 325 E Park Ave #151 have a fitness center?
    Yes, 325 E Park Ave #151 in Waterloo, IA has a fitness center.

Homes for rent near 325 E Park Ave #151

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Affordability

TIP:Try to keep your rent within a third of your gross household income. Learn why in our Renter's Guide.
For this property
PER YEAR
is the suggested income
Win over prospective landlords with your smart budgeting. As a good rule of thumb, ideally you would have at least three times your monthly rent in combined household income.
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