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About This Home

This 0-bedroom, 0-bathroom residential multi family at 314 Lester Street in Waterloo, IA is listed for $90,000. Built in 1916, on a 0.18 acres lot.

Agent Description

Great cash flow investment opportunity directly across from Gates Park! Fully rented triplex provides immediate cashflow. Unit 1-1 bed 1 bath with stove and refrigerator $475/mo. Unit 2-1 bed 1 bath with stove and refrigerator $525/mo. Unit 3-1 bed 1 bath with stove and refrigerator $375/mo. Each unit has its own electric meter. Owner currently pays water, snow removal & lawn care. Seller has proactively maintained units with multiple updates including: newer flooring, paint, cabinets, countertop, shower.

Key Features

  • Built in 1916
  • 0.18 acre lot
  • 2 stories

Property Details

2 stories
1916

Amenities

A/C

Monthly Cost Estimate

$481/mo

20% down · 6.5% · 30 years

Principal$65
Interest$390
Insurance$26

Estimates only. Actual payments may vary.

Location

314 Lester Street

Waterloo, IA 50703

Property Details

Construction

Vinyl Siding

Heating

Natural GasForced Air

Cooling

Window Unit(s)

Questions & Answers

This 0-bedroom, 0-bathroom residential multi family at 314 Lester Street is listed at $90,000. The estimated monthly payment is $390 based on 20% down at 6.5% interest.

Key features include: Built in 1916, 0.18 acre lot, 2 stories.

This property is listed by Dave Woods and can be reached at 3192422720 or dave.woods@oakridge.net.

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DW

Dave Woods

Agent at Oakridge Real Estate

(319) 242-2720

Listed by Oakridge Real Estate

MLS# 20261233· Source: listhub· Updated 11 days ago

Copyright © 2026 Northeast Iowa Regional Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

314 Lester Street, Waterloo, IA 50703

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