Waterloo, IA Triplexes for sale

Updated: Jun 3

One-Level Triplex with Detached Garages

5309-5311 Blue Bonnet Drive, Waterloo, IA 50702

$549,900

1.20 AC lot

One‑level triplex with 2 bed/2 bath units; each unit includes separate laundry, walk‑in closets, and pantry space.
All units are separately metered.
Detached garage parking: 5311 Blue Bonnet includes a double, detached heated garage space.
Detached garage parking: 5309 includes a single detached garage space.
Detached garage parking: 3216 Thistle Down includes a double detached garage space.

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Updated: Jun 11

Triplex with Detached 3-Car Garage

810 W 2nd Street, Waterloo, IA 50701

$100,000

0.18 AC lot

Triplex built in 1915 with stucco EIFS exterior and asphalt roof
Unit mix: 1 main‑floor unit with 3 bedrooms and 1 bath plus two additional 1‑bedroom, 1‑bath units
Two units currently vacant and ready for occupancy
Public utilities: public water and public sewer
Cooling: window unit(s)

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Fully Rented Triplex Investment

314 Lester Street, Waterloo, IA 50703

$85,000

0.18 AC lot

Three separately metered units with recent interior updates and ongoing owner-paid exterior services.

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Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Waterloo, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

New Multifamily Property in Hiawatha

225 Clymer Road, Hiawatha, IA 52233

$850,000

5,250 sqft · 0.22 AC lot

Newly constructed triplex with immediate income and strong hold potential.

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Grinnell Triplex with Income Potential

1221 Main Street, Grinnell, IA 50112

$299,000

2,891 sqft · 0.28 AC lot

Three-unit property in Grinnell, ideal for investors or owner-occupants.

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Grinnell Triplex Investment Opportunity

1604 5th Avenue, Grinnell, IA 50112

$133,500

2,435 sqft · 0.35 AC lot

Triplex near downtown Grinnell and college, great investment potential.

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Multifamily Triplex in Hiawatha

225 Clymer Rd, Hiawatha, IA 52233

$850,000

5,250 sqft

Multifamily property featuring three units in Hiawatha, Iowa.

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Waterloo, IA Triplexes Market Trends and Statistics

Explore 3 triplexes for sale in Waterloo, IA, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $734,900.

Sale prices for three-family homes in Waterloo, IA start at $85,000, averaging $244,966, and reaching up to $549,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
50703	$85K
50701	$100K
50702	$549.9K

Neighborhood

Average Price

50703

$85K

50701

$100K

50702

$549.9K