3306 Midway Dr, Waterloo, IA 50701
Property image
Property image
FOR SALE
0.6 ACRES

$340,000

Original price: $350,000
  • Studio
  • 3,948 sqft (on 0.60 acres)

3306 Midway Dr, Waterloo, IA 50701

Est. Mortgage $2,255/mo*
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Home Highlights

Multi-Family
Built in 1951
0.6 acre lot
$86/sqft
Garage

Local Information

  • Map ViewExplore the area around 3306 Midway Dr.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

Situated on a spacious corner lot with a Waterloo address in the Cedar Falls School District, this duplex offers space, flexibility, and endless possibilities. Enjoy the massive yard filled with mature trees, beautiful landscaping, and a large patio perfect for entertaining or relaxing outdoors. Recent updates include the windows, siding, roof, and gutters for added peace of mind. Inside, multiple living areas provide room to spread out, while the unfinished basement offers potential for additional family space or bedrooms. The open office can easily be converted into another bedroom. The second unit is a vacant attached suite, ideal for multigenerational living, guests, a nanny, college student, private office, or rental income. Car enthusiasts and hobbyists will love the detached triple garage, offering ample space for vehicles, storage, or a workshop.
Last check for updates: about 22 hours ago
Listing courtesy of Phillip D Shirk, (319) 239-4446
AWRE-Commercial & Development
Source: Northeast Iowa Regional BOR as distributed by MLS GRID, MLS#20263461
Also Listed on Northeast Iowa Regional BOR as distributed by MLS GRID.

Home Details for 3306 Midway Dr

Interior Features

Interior Details
Basement: Partially Finished
Dimensions and Layout
Living Area: 3948 Square Feet
Appliances & Utilities
Utilities: Cable Paid by IndividualLaundry: Lower Level
Heating & Cooling
Has CoolingAir Conditioning: Central Air

Exterior Features

Exterior Home Features
Roof: Asphalt
Parking & Garage
Open Parking Spaces: 10GarageHas Open ParkingParking Spaces: 10Parking: Attached,Garage,Parking Pad,Paved,Multiple
Water & Sewer
Sewer: Public Sewer
Finished Area
Finished Area (above surface): 2164 Square FeetFinished Area (below surface): 1784 Square Feet

Days on Market

Cumulative Days on Market: 28Days on Market: 50

Property Information

Year Built
Year Built: 1951
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Duplex
Building
Construction Materials: Vinyl Siding
Property Information
Parcel Number: 891320255001

Price & Status

Price
List Price: $340,000Price Per Sqft: $86

Active Status

MLS Status: ACTIVE

Location

Direction & Address
City: Waterloo
School Information
Elementary School: Cedar Heights ElementaryJr High / Middle School: Peet Junior HighHigh School: Cedar Falls High

Agent Information

Listing Agent
Listing ID: 20263461

Building

Building Area
Building Area: 3948 Square Feet

Lot Information

Lot Area: 0.60 acres

Listing Info

Special Conditions: Standard

Business

Expense
Tenant Pays: Electricity, Trash Collection, Gas, Heat, Water

Miscellaneous

BasementMls Number: 20263461Above Grade Unfinished Area: 2164

Around this home

What Locals Say about Waterloo

At least 264 Trulia users voted on each feature.

  • 89 % Say car is needed

  • 83 % Say yards are well-kept

  • 80 % Say parking is easy

  • 77 % Say it's dog friendly

  • 70 % Say there's holiday spirit

  • 66 % Say kids play outside

  • 64 % Say there are sidewalks

  • 48 % Say it's quiet

  • 47 % Say neighbors are friendly

  • 47 % Say people would walk alone at night

  • 44 % Say streets are well-lit

  • 42 % Say there's wildlife

  • 42 % Say they plan to stay for at least 5 years

  • 33 % Say it's walkable to grocery stores

  • 29 % Say it's walkable to restaurants

  • 20 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Misslindsayb
    "Centrally located, traffic can be heavy/frustrating. You can make good time if you hit the stoplights just right, which is hard to do most days. "
    0
    Flag
  • Susanward13
    "Consider this a safe neighborhood and there are lots of kids living here. A policeman lives on the street."
    0
    Flag
  • Jovanti Rucker
    "It is very busy most of the time the light are a headache. They’re a lot of lights to go through to get to where I need to go."
    0
    Flag
  • Dontreal3
    "It’s ok. It’s not the worst but it’s also not the best. "
    0
    Flag
  • Trulia User
    "Peacefully quiet neighborhood. neighbors keep to themselves mostly. Alot of dogs throughout the whole area, which is nice to know, it's a pet friendly area to live in. "
    4
    Flag
  • Trulia User
    "I’ve lived here for years mostly everybody that lives in the neighborhood is really nice & friendly but I live with my dad & trying to find my own apartment right now. "
    4
    Flag
  • Susan.wirtjes
    "This is a safe and friendly neighborhood. Kids play outside. We are close to good schools. Shopping is close by. "
    8
    Flag
  • Dominique K. .
    " The community is really good if you get into people like that. There is not a lot to do around here unless you have money. There are a lot of trains around. People have dogs around here a lot and I hear gunshots a lot. I grew up here so I don’t find it very exciting. Most people got to work come home and stay away from each other. "
    2
    Flag
  • Tali S.
    "Very quiet neighborhood other than the occasional car driving by & faint sound of trains. Great neighbors, mostly homeowners with kids & elderly."
    1
    Flag
  • Lache S.
    "... I don’t know I been here only a year and aside from the bad I seen few good most people stay to they self "
    0
    Flag
  • Holly W.
    "schools are over crowded and children are often let slip through the cracks in the education system here "
    1
    Flag
  • Charles A.
    "15 minutes to work. Waterloo is easy to get around and not a lot of traffic .... zzzz xxdrc then. Gyyhbb"
    1
    Flag
  • Lamont S.
    "Lots of retirees here now. Mixed bag for the rest. I had seen several first time owners buying in. Plenty of remodeling and renovations going on now too."
    4
    Flag
  • Trulia User
    "it has some nice people, with sketchy people mixed in. it's too loud with harleys speeding hard through here and people thumping music too loud at all hours. I would not recommend this neighborhood to a young professional person. "
    0
    Flag
  • Kimmy21920
    "Convenient location and traffic is not as congested as the big city. Used to be a great place, but not so much anymore."
    1
    Flag
  • Mkesterson79
    "Listening to gun shots and train whistles at night to fall asleep to. Creates a uniquely unpleasant experience. "
    0
    Flag
  • Trulia User
    "Would love a dog park close by, or even respectful owners who pick up after their dog when they walk them"
    6
    Flag
  • Chris Wright
    "I lived in neighborhood for ten years as a kid, I always love the area, would love to own a house in that again, hope in very near future."
    1
    Flag
  • Mary Sue Adams
    "Safe streets, quality neighbors,clean, near a park,rural feeling- plenty of room between everyone. Lots of family and open spaces, but still near shopping and eats."
    3
    Flag
  • Kathy Cox White Dickerson
    "I moved to this neighborhood last summer and love it. I feel safe and secure,and neighbors are very nice."
    0
    Flag
  • Aley S.
    "Is a small neighborhood and quite and seems like a very lovely place to have a family and there are a lot of kid in the neighborhood "
    2
    Flag
  • Aschot12
    "It's better than north Waterloo for crime and lots of shade trees. It's nice to be near to 4th street for convenience even with traffic noise. "
    0
    Flag

Market trends in Waterloo

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

Home Value

Trulia Estimate
$326K
Since last month
Decreased$17K (-4.9%)
Since last year
Increased$9K (+3%)
Since last sale
Increased$111K (+51.5%)
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 increased by +46% in the last 10 years
MonthEstimated value
2026
September 2026$326K
August 2026$325K
July 2026$343K
June 2026$323K
May 2026$324K
April 2026$318K
March 2026$319K
February 2026$311K
January 2026$303K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

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
203-205 N Hackett Rd, Waterloo, IA
0.70
Multi-Family Home
$275,575
07/10/26
4
2
2,880
1110 Doreen Ave, Waterloo, IA
1.27
Multi-Family Home
$750,000
07/22/26
-
10,773
8001 University Ave, Cedar Falls, IA
2.51
Multi-Family Home
$260,000
11/25/25
-
3,304
8009-8011 University Ave, Cedar Falls, IA
2.54
Multi-Family Home
$310,000
09/29/25
-
2,688
1821 Clay St, Cedar Falls, IA
2.37
Multi-Family Home
$230,000
07/10/26
4
2
1,537
608-610 Martin Rd, Waterloo, IA
2.41
Multi-Family Home
$175,000
03/12/26
4
2
1,920
2007 College St, Cedar Falls, IA
2.69
Multi-Family Home
$305,000
09/04/26
7
-
2,880
222 W Wellington St, Waterloo, IA
2.84
Multi-Family Home
$182,500
03/06/26
6
2
2,492

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
3236 Midway Dr, Waterloo, IA 50701
0.04
$224,900
2
1
1,574
For Sale
3412 Midway Dr, Waterloo, IA 50701
0.06
$227,200
2
2
1,875
Off Market
3314 Scenic Dr, Cedar Falls, IA 50613
0.09
$220,000
3
1
1,225
Recently Sold
3306 Scenic Dr, Cedar Falls, IA 50613
0.09
$204,100
4
2
1,537
Off Market
3852 Jay Ln, Waterloo, IA 50701
0.09
$220,000
3
2
1,602
Recently Sold
456 Loma St, Waterloo, IA 50701
0.11
$215,000
3
1
1,586
Recently Sold
3844 Jay Ln, Waterloo, IA 50701
0.10
$260,100
3
2.5
1,728
Off Market
3824 Jay Ln, Waterloo, IA 50701
0.14
$189,800
2
1.5
1,050
Off Market
3816 Jay Ln, Waterloo, IA 50701
0.15
$196,900
2
1.5
1,050
Off Market
3119 Cadillac Dr, Cedar Falls, IA 50613
0.18
$289,900
3
2
2,092
Recently Sold
206 Loma St, Waterloo, IA 50701
0.18
$254,500
4
2
1,942
Recently Sold

Price and Tax history

DateEventPrice
Aug 17, 2026
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20263461
PriceChange
$340,000
Price decreased by 3%
Jul 24, 2026
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20263461
Listed For Sale
$350,000
Jan 28, 2016
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20155107
Sold
$215,500
Jun 13, 2005
Source: N/A
Sold
$225,000

LGBTQ Local Legal Protections

Phillip D Shirk, AWRE-Commercial & Development
Agent Phone: (319) 239-4446
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 2026-09-12 00:17:34 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

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Frequently asked questions about 3306 Midway Dr

  • What is the estimated monthly payment for 3306 Midway Dr?
    Based on a $340,000 list price with 20% down at today's rates, the estimated monthly payment for 3306 Midway Dr in Waterloo, IA is approximately $2,311 (about $1,842 principal & interest, $394 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • How does the list price for 3306 Midway Dr compare to homes in Waterloo?
    3306 Midway Dr in Waterloo, IA is listed at $340,000, about 81% above the $188K median sale price in Waterloo.
  • What do residents say about Waterloo?
    Residents describe Waterloo, IA as well-kept, easy to park in, and dog-friendly. Most residents say you need a car. See homes for sale in Waterloo, IA.
  • What are the closest schools to 3306 Midway Dr?
    The closest schools to 3306 Midway Dr in Waterloo, IA are Cedar Falls High School (rated 6/10), Cedar Heights Elementary School (Pre-K, rated 4/10), Peet Junior High School (rated 8/10).
  • Does 3306 Midway Dr have air conditioning?
    Yes, 3306 Midway Dr in Waterloo, IA has air conditioning.
  • Does 3306 Midway Dr have laundry facilities?
    Yes, 3306 Midway Dr in Waterloo, IA has laundry facilities.
3306 Midway Dr, Waterloo, IA 50701 is a studio, 3,948 sqft multi-family built in 1951. This property is currently available for sale and was listed by Northeast Iowa Regional BOR as distributed by MLS GRID on Jul 24, 2026. The MLS # for this home is MLS# 20263461.