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303 NW 3rd StreetWaverly, IA 50677

Multi-Family · 0.20 Acres
$183,900 ACTIVE

303 NW 3rd Street Overview

Time on Site:
37 days
Visits:
9

*Prime Investment Alert!!* Nestled on a quiet street moments from local shops, dining, and Wartburg College, this fully-leased duplex offers two updated units with high income potential and minimal overhead. Features include separate utilities, solid rental history, and a sought-after neighborhood ambiance. Whether you live in one unit and rent the other for an ideal owner-occupant scenario, or manage a high-demand rental, this property provides a solid opportunity for long-term equity growth. Turnkey income--schedule a showing today!

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303 NW 3rd Street Facts & Features

  • Type Multi-Family
  • Lot 0.20 Acres

Details

General

School Information

  • Elementary School: Waverly / Shellrock
  • Middle Or Junior School: Waverly / Shellrock
  • High School: Waverly / Shellrock

Income/Expenses

  • Water Sewer Expense: 0

Building Information

  • Year Built: 1897

Location/Region

  • County Or Parish: Bremer

Rent/Lease Information

  • Lease Term: Over 9 Months
  • Tenant Pays: Lawn Care,Snow Removal

Tax Information

  • Tax Annual Amount: 2922.1
  • Tax Assessed Value: 168260

General Information

  • Parcel Number: 0902109006
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Special Listing Conditions: Normal Sale
  • Zoning: R-2

Interior

Building Interior

  • Above Grade Finished Area: 1224
  • Below Grade Finished Area: 0

General Information

  • Basement: Entrance-Inside
  • Cooling: Central Air
  • Laundry Features: Dryer Hookup-Ele,Washer Hookup

Exterior

Parking Information

  • Open Parking Spaces: 4
  • Parking Features: Assigned,Garage,On Street,Detached

Lot Information

  • Additional Parcels: false
  • Lot Size Acres: 0.2
  • Lot Size Dimensions: 66x132
  • Lot Size Square Feet: 8712
  • Water Source: Public

Building Exterior/Construction

  • Construction Materials: Wood Siding
  • Roof: Rubber,Asphalt

General Information

  • Number Of Units Total: 2
  • Sewer: Public Sewer
  • Utilities: Elec Individual Meters,Garbage Pd by Individual,Gas Individual Meters,Separate Meters,Water - Multiple Meters

Unit Information

Unit 2 Details

  • Actual Rent: 775
  • Beds Total: 2
  • Baths Total: 1
  • Garage Spaces: 0

Unit 1 Details

  • Actual Rent: 850
  • Beds Total: 2
  • Baths Total: 1
  • Garage Spaces: 1

303 NW 3rd Street Neighborhood

Community

50677 (Waverly) Demographics

37
Median Age
99
Population Density (per sq. mile)
50%
College Educated
$70,554
Estimated Median Income
3,508
Estimated Total Home Owners
965
Estimated Total Renters
78% / 22%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

303 NW 3rd Street Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

303 NW 3rd Street Market Data

Based on the last 30 days in this zip code

$368,591
Average List Price
$8,964
Average Price per Square Foot
17
Properties Sold
81
Average Days on Market
68
Properties for Sale
Calculations provided by Reliance Network

303 NW 3rd Street History

Date Event Value Agent
6/9/2026Source: Northeast Iowa Regional MLS Price Reduction
$183,900 -2.7%
5/23/2026Source: Northeast Iowa Regional MLS Added to Database
May 23, 2026
Listing provided courtesy of RE/MAX Concepts - WaverlyNortheast Iowa Regional MLS- MLS# 20262280MLS Provider