Duplex with Triple
New
For Sale
$335,000
3306 Midway Drive, Waterloo, IA 50701
Residential Income, Waterloo, IA
Property SizeContact for details
Lot Size0.60 Acres
Days on Market5
Property Features for 3306 Midway Drive
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R-1
Bedrooms
3
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 3, Bedroom 2, Bedroom 1, Bathroom 2, Bathroom 1
Parking features
Garage
Basement
Partially Finished
Elementary school
Cedar Heights Elementary
Middle school
Peet Junior High
High school
Cedar Falls High
Standard status
Active
APN
891320255001
Lot size
0.60 Acres
Taxes and HOA fees
Tax Description
CEDARLOO PARK LOT W-1 EXC N 30 FT LOT W-2
Tax Annual Amount
6134
Legal Description
CEDARLOO PARK LOT W-1 EXC N 30 FT LOT W-2
Utilities
Sewer type
Public Sewer
Cooling system
Central Air
Water source
Public
Amenities
front patio
private covered patio
main floor laundry
Building Details
Year built
1951
Number of units
2
Building materials
Vinyl Siding
Roof type
Asphalt
Listing Agency:
AWRE, EXP Realty, LLC
(319) 269-2477
Listed By:
Amy Wienands · License #B34553
(319) 240-7247
Added: Sep 23
Changed: Sep 27
Last Checked: Sep 27 at 12:06PM
MLS# 20264599
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.
Investment Insights
Based on property information with market context.
This duplex includes a larger residence and a separate smaller unit, offering two distinct living spaces within one property. The main residence has an updated kitchen, two bedrooms, a full bathroom, main-floor laundry, several living areas, and an unfinished basement. An office area provides additional flexibility. The secondary unit features an open kitchen and living room, one bedroom, and a full bathroom. Each residence has its own front patio, while a larger covered concrete patio provides additional outdoor space.
Set on a 0.6-acre corner lot in Waterloo, the property has mature trees, established landscaping, and a private outdoor setting. Recent improvements include windows, vinyl siding, the asphalt roof, and gutters. A detached triple garage adds vehicle, storage, hobby, or workshop capacity. The property uses public water and public sewer, with central air and R-1 zoning. Its Waterloo address is within the Cedar Falls School District.
Set on a 0.6-acre corner lot in Waterloo, the property has mature trees, established landscaping, and a private outdoor setting. Recent improvements include windows, vinyl siding, the asphalt roof, and gutters. A detached triple garage adds vehicle, storage, hobby, or workshop capacity. The property uses public water and public sewer, with central air and R-1 zoning. Its Waterloo address is within the Cedar Falls School District.
Key Highlights
- Duplex with two separate living spaces
- 0.6‑acre corner lot with mature trees and established landscaping
- Main residence includes 2 bedrooms, full bathroom, updated kitchen, laundry, and unfinished basement
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
553
Businesses Nearby
Explore this area
Business Placement
Demographics for 50701, IA
29,806
Population
14,530
Households
2.1
Avg Household Size
39
Median Age
30%
College-Educated
95%
High-School Grad
79.1 sq mi
ZIP Area
377
Density / Sq Mi
$62,857
Median Household Income
$41,464
Median Earnings
$846
Median Rent
$183,400
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Duplex - Flexible two-unit property with updated systems, private outdoor areas, and a substantial corner lot.
Where is this duplex located?
The property is located at 3306 Midway Drive Waterloo, IA.
What is the asking price?
The asking price for this property is $335,000.
What are key features of this property?
This property features: Duplex with two separate living spaces; 0.6‑acre corner lot with mature trees and established landscaping; Main residence includes 2 bedrooms, full bathroom, updated kitchen, laundry, and unfinished basement
