405 E 2nd St
Waterloo, IA 50703
Franklin Gateway
3 Beds
2 Baths
1,129 sqft
$54,300
as of Aug 13, 2026
$54,300
as of Aug 13, 2026
3 Beds
2 Baths
1,129 sqft
Home Value
Trulia Estimate
$54.3KSince last month
Decreased$1K (-1.8%)Since last year
Decreased$11K (-16.6%)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 +101% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $54K |
| July 2026 | $55K |
| May 2026 | $58K |
| April 2026 | $57K |
| March 2026 | $59K |
| February 2026 | $62K |
| January 2026 | $60K |
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 |
|---|---|---|---|---|---|---|---|
0.63 | Multi-Family Home | $147,000 | 10/15/25 | 4 | 2 | 1,728 | |
0.99 | Multi-Family Home | $30,000 | 11/06/25 | 3 | 2 | 1,569 | |
1.15 | Multi-Family Home | $65,000 | 12/23/25 | 3 | 2 | 1,950 | |
0.99 | Multi-Family Home | $182,500 | 03/06/26 | 6 | 2 | 2,492 | |
0.07 | Multi-Family Home | $65,000 | 09/05/25 | - | 2,336 | ||
0.06 | Multi-Family Home | $108,000 | 08/29/25 | - | 2,072 | ||
1.36 | Multi-Family Home | $100,000 | 01/23/26 | 3 | 1 | 1,215 | |
0.08 | Multi-Family Home | $50,000 | 10/10/25 | - | 3,212 | ||
0.26 | Multi-Family Home | $80,000 | 12/08/25 | - | 2,656 | ||
1.50 | Multi-Family Home | $194,900 | 06/26/26 | 4 | 2 | 1,799 |
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 |
|---|---|---|---|---|---|---|
0.03 | $87,500 | Studio | - | 1,684 | Off Market | |
0.06 | - | Studio | - | 2,072 | Off Market | |
0.07 | $66,800 | Studio | - | 2,336 | Off Market | |
0.08 | $51,300 | Studio | - | 3,212 | Off Market | |
0.11 | $1,184,300 | Studio | - | 8,544 | Off Market | |
0.11 | $55,000 | 4 | 2 | 1,656 | Recently Sold | |
0.12 | $144,200 | Studio | - | 2,920 | Off Market | |
0.13 | $66,800 | 3 | 2 | 1,698 | Off Market | |
0.15 | $3,200,000 | Studio | - | - | For Sale | |
0.17 | $170,400 | 3 | 1.5 | 2,282 | Off Market | |
0.16 | - | 4 | 2 | 2,302 | Off Market |
Local Information
- Map ViewExplore the area around 405 E 2nd St.
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Home Highlights
Property Type
Multi-Family
Year Built
1883
Living Area
1,129 sqft
Price/Sqft
$48
About this House
This multi-family home is located at 405 E 2nd St, Waterloo, IA. 405 E 2nd St is in the Franklin Gateway neighborhood in Waterloo, IA and in ZIP code 50703. This property has 3 bedrooms, 2 bathrooms and approximately 1,129 sqft of floor space. This property has a lot size of 4500 sqft and was built in 1883.
405 E 2nd St, Waterloo, IA 50703 is a 3 bedroom, 2 bathroom, 1,129 sqft multi-family in Franklin Gateway, built in 1883. It is currently off market. The Trulia Estimate is $54,300, with a rent estimate of $904/month.
Home Details for 405 E 2nd St
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Heating & Cooling Heating: OtherHeating Fuel: Other |
Levels, Entrance, & Accessibility Stories: 1.5Floors: Carpet, Linoleum Vinyl |
Interior Details Number of Rooms: 7 |
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Exterior Home Features Roof: AsphaltExterior: OtherFoundation Type: Stone |
|
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Year Built Year Built: 1883 |
Property Type / Style Property Type: Multi FamilyArchitecture: A-frame |
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Lot Area: 4500 sqft |
Price and Tax history
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $720 | $35,760 |
Home facts updated by county records
Market trends in Waterloo
Last updated July 2026
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
LGBTQ Local Legal Protections
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Homes for sale near 405 E 2nd St
Leeann Sires, EPM, Iowa, Northeast Iowa Regional BOR as distributed by MLS GRID
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Brandie J White, Berkshire Hathaway Home Serv, Northeast Iowa Regional BOR as distributed by MLS GRID
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Jordan Porter, Berkshire Hathaway Home Serv, Northeast Iowa Regional BOR as distributed by MLS GRID
Brandie J White, Berkshire Hathaway Home Serv, Northeast Iowa Regional BOR as distributed by MLS GRID
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NEW - 2 DAYS AGOJared Hottle, Berkshire Hathaway Home Serv, 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
David Woods, Oakridge Real Estate, Northeast Iowa Regional BOR as distributed by MLS GRID
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Off Market Homes Near 405 E 2nd St
SOLDAUG 11, 2026Bryce J Clark, Re/Max Concepts, Northeast Iowa Regional BOR as distributed by MLS GRID
SOLDAUG 7, 2026Lance Bertram, Fischels Residential Group, Northeast Iowa Regional BOR as distributed by MLS GRID
SOLDJUL 30, 2026Lydia Negan, Abr, Psa, Structure Real Estate, Northeast Iowa Regional BOR as distributed by MLS GRID
SOLDJUL 29, 2026Amy Schaefer, RE/MAX Concepts - Cedar Falls, Northeast Iowa Regional BOR as distributed by MLS GRID
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SOLDJUL 23, 2026Scott Seeley GRI, CRS, RE/MAX Concepts - Cedar Falls, Northeast Iowa Regional BOR as distributed by MLS GRID
SOLDJUL 23, 2026Rick Bauer, RE/MAX Concepts - Cedar Falls, Northeast Iowa Regional BOR as distributed by MLS GRID
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SOLDJUL 20, 2026Michael Taylor, Lockard Realty Company, Northeast Iowa Regional BOR as distributed by MLS GRID- SOLDJUL 17, 2026
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Frequently asked questions about 405 E 2nd St
- What is 405 E 2nd St estimated to be worth?Trulia's estimated value for 405 E 2nd St in Waterloo, IA is $54,300.
- 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 405 E 2nd St?The closest schools to 405 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).