314 Lester Street, Waterloo, IA 50703
- Added:
- Jul 1, 2026
- Days on Market:
- 3
- Last Refresh:
- Jul 3 at 5:06 am
Property Features for 314 Lester Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R-2
- Basement
- Block
- Standard status
- Active
- APN
- 891313328004
- Lot size
- 0.18 Acres
Taxes and HOA fees
- Tax Description
- MANSONS THIRD ADDITION E 3 FT LOT 3 BLK 2 LOT 4 BLK 2
- Tax Annual Amount
- 1044
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Forced Air
- Cooling system
- Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1916
- Floors in Building
- 2
- Number of units
- 3
- Building materials
- Vinyl Siding
- Roof type
- Asphalt
Listing agent Dave Woods (319) 242-2720
Listing office Oakridge Real Estate 3313 Terrace Drive, Cedar Falls, IA (319) 277-5005
Listing date Jul 1, 2026
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.
HighLights
- Fully rented triplex (3 units) directly across from Gates Park
- Each unit is 1 bed / 1 bath and includes a stove and refrigerator
- Monthly rent: Unit 1 $475, Unit 2 $525, Unit 3 $375
- Each unit has its own electric meter
- Owner currently pays water, snow removal, and lawn care
- Updates include newer flooring, paint, cabinets, countertop, and shower
Overview
The triplex is located at 314 Lester Street in Waterloo, Iowa, on a 0.18-acre lot. The property is described as directly across from Gates Park.
For investors seeking an owner-managed residential income asset, this configuration offers three individual units with separate electric metering and in-unit appliances. The documented maintenance and updates may help reduce immediate interior refresh needs, while the existing structure of owner-paid services supports steady operational responsibility for the exterior items noted in the listing.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Waterloo
- County
- Black Hawk
- State
- Iowa
- Longitude
- -92.330408
- Latitude
- 42.518039