Triplex

Waterloo, IA Triplexes for Sale

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Evansdale, IA Cedar Falls, IA Elk Run Heights, IA Raymond, IA Dewar, IA Hudson, IA La Porte City, IA Dunkerton, IA
6 properties
R-3 One-Level Triplex with Separate Utilities
Updated: Jun 3
R-3 One-Level Triplex with Separate Utilities

5309-5311 Blue Bonnet Drive, Waterloo, IA 50702

$549,900
1.20 AC lot
Triplex with three one‑level units, each with two bedrooms and two bathrooms
Separate laundry in each unit and all utilities metered separately
Detached garage parking: 5311 has a double heated garage; 5309 has a single; 3216 has a double
Zoned R‑3 on 1.1977 acres
Built in 1978 with wood siding and an asphalt roof
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Triplex with Detached 3-Car Garage
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
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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Well-Kept Triplex with Detached Garages
Well-Kept Triplex with Detached Garages

5309-5311 Blue Bonnet Dr, Waterloo, IA 50702

$549,900
1,544 sqft

One-level triplex units feature separate laundry, walk-in closets, pantry space, and individually metered utilities.

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Fully Rented Triplex with Separate Meters
Fully Rented Triplex with Separate Meters

314 Lester St, Waterloo, IA 50703

$85,000
1,380 sqft

Triplex income property with three 1-bedroom units, each with its own electric meter and updated interiors.

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Historic Mixed-Use Building
Historic Mixed-Use Building

632 Sycamore Street, Waterloo, IA 50703

$350,000
9,344 sqft 0.18 AC lot

A 6-unit building offers three commercial suites and three residential units with in-unit washer and dryer hookups.

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Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 6 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.

Historic Triplex with Courtyard
Historic Triplex with Courtyard

1024 18th Street, Marion, IA 52302

$285,000
2,649 sqft 0.26 AC lot

Three residential units occupy a wood-frame home with original character, private outdoor space, and detached parking improvements.

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Victorian Triplex with Garage
Victorian Triplex with Garage

1024 18th Street, Marion, IA 52302

$285,000
2,649 sqft

Three separate units support residential income use or a multigenerational living arrangement.

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Updated Triplex Rental Property
Updated Triplex Rental Property

400 S Frederick, Oelwein, IA 50662

$165,000
2,589 sqft

Fully rented three-unit property with recent updates and a 1940 construction date.

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Two-Story Office Building
Two-Story Office Building

14 E Charles Street, Oelwein, IA 50662

$95,000
0.11 AC lot

Two-story office building in C1 zoning with reception, multiple offices, basement space, and water/public sewer.

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Waterloo, IA Triplexes Market Trends and Statistics

Explore 6 triplexes for sale in Waterloo, IA, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 12,268 square feet of properties for sale, with an estimated market value of $1,719,800.

Sale prices for three-family homes in Waterloo, IA start at $85,000, averaging $286,633, 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.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Duplexes 14
Apartment buildings 6
Triplexes 6
Quadplexes 1

Demographics Overview

Population 77K
Population Growth (5Y) -3.2%
Median Household Income $58,650
College Educated 16.5%

High-Yield Neighborhoods for Investment

Identify Waterloo submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
50701 $100K
50703 $215K
50702 $549.9K

Taxes & Financing

Tax Rate (average for all types) 3.42%
Property Tax per SF $40.72 per SF
Tax Rate vs County Average 0.32 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Black Hawk County

New Delisted

Total CRE Inventory on Market (SF)

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