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5309-5311 Blue Bonnet Drive 5309-5311 / 3216, Waterloo, IA 50702

Timothy Ridge Addition · Black Hawk County

Key Facts

1,544Sq Ft
1978Year Built
5Garage

Description

Beautiful triplex opportunity. Well kept, unique, one level triplex units featuring 2 bedrooms and 2 bathrooms in each unit, large square footage, great storage, separate laundry in each unit, walk in closets, pantry space, and all metered separately. 5311 Blue Bonnet has a double, detached, heated garage space. 5309 has a single detached garage space, and 3216 Thistle Down has a double, detached garage space. Great potential. Schedule your showing today.

Property Information

Property Type

Residential Income

Sub-Type

Triplex

Year Built

1978

Living Area

1,544 sq ft

Lot Size

52,170 sq ft

Lot Dimensions

See Assessors Site

Garage Spaces

5

Zoning

R-3

Days on Market

3

MLS® Listing#

20262461

Property Features

Cooling

Central AirElectricHeat Pump

Heating

ElectricHeat Pump

Parking

GarageParking PadDetached

Laundry

Laundry RoomMain Level

Construction

Wood Siding

Foundation

Slab

Roof

Asphalt

Sewer

Public Sewer

Water Source

Public

Schools

Elementary:
Orange Elementary
Middle:
Hoover Intermediate
High:
West High

Financial Details

Annual Taxes

$11,519

Assessed Value

$607,000

Parcel Number

881218104006

Affordability Calculator

$109,980

Estimated monthly payment

$2,927/mo

Principal $439,920 · Est. interest $613,728 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Waterloo, IA

53
Median Days on Market
1,433
Median Sq Ft
$126
Median Price / Sq Ft
165
Active Listings
  • Its price per sq ft is 183% above the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Waterloo, IA.

Location

Map showing the location of 5309-5311 Blue Bonnet Drive 5309-5311 / 3216, Waterloo, IA 50702

Points of Interest in Waterloo, IA

Showing the Waterloo area map.

Nearby Schools

  • Poyner Elementary

    Elementary · 2.2 mi away

  • Bunger Middle School

    Secondary · 2.4 mi away

  • Elk Run Elementary School

    Elementary · 2.5 mi away

  • Kittrell Elementary School

    Elementary · 3.0 mi away

  • Columbus High School

    Secondary · 3.1 mi away

  • Blessed Maria Assunta Pallotta Middle School

    School · 3.1 mi away

  • Orange Elementary

    Elementary · 3.2 mi away

  • West High School

    Secondary · 3.7 mi away

  • Lowell Elementary

    Elementary · 3.8 mi away

  • Hoover Middle School

    Elementary · 3.9 mi away

  • Highland Elementary School

    Elementary · 3.9 mi away

  • Expo Alternative Learning Center

    School · 4.0 mi away

  • St John St Nicholas School

    School · 4.0 mi away

  • St Edward School

    School · 4.1 mi away

  • Don Bosco High School

    Secondary · 4.2 mi away

  • Irving Elementary School

    Elementary · 4.3 mi away

  • Sacred Heart School

    School · 4.4 mi away

  • St Joseph Catholic Church

    School · 4.4 mi away

  • Kingsley Elementary School

    Elementary · 4.5 mi away

  • VGM Education

    School · 4.5 mi away

Commute Calculator

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Nearby Homes

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Similar Home Values

Comparable nearby listings and their asking prices.

Moving Cost Estimate

EXIT Agents in Waterloo

Listing Courtesy: EXP Realty, LLC - 8338355566

Presented by: Carissa L Holton

Based on information submitted to the MLS GRID as of 2026-06-03. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by neirbr. MLS® Listing#20262461. © 2026EXIT Realty®. All rights reserved.