314 Lester Street, Waterloo, IA

$85,000

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1,380

Square feet

0.18

Acres

About 314 Lester Street

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.

Features of 314 Lester Street

MLS® # 20262962
Price $85,000
Square Footage 1,380
Acres 0.18
Year Built 1916
Type Residential Income
Sub-Type Triplex
Status Active

Community Information

Address 314 Lester Street
City Waterloo
County Black Hawk
State IA
Zip Code 50703

Amenities

Utilities Cable Paid by Individual, Elec Individual Meters
Parking Spaces 4
Parking Gravel, None
Is Waterfront No

Interior

Heating Forced Air, Natural Gas
Cooling Window Unit(s)
Fireplace No

Exterior

Roof Asphalt
Construction Vinyl Siding

School Information

Elementary Cunningham
Middle George Washington Carver Academy
High East High

Additional Information

Date Listed June 30th, 2026
Days on Market 5
Zoning R-2
Short Sale No
RE / Bank Owned No

Listing Details

AgentDave Woods
OfficeOakridge Real Estate

Listing Map

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