Investment Opportunity! Duplex in Prime Cedar Falls Location – Walk to Downtown! This property is currently under lease for $1,650 a month so there is room to raise rents in the future. The current renter recently resigned a year lease so no need to find new tenants right away! Don't miss this rare opportunity to own a duplex just steps from vibrant downtown Cedar Falls! This versatile property offers two spacious units perfect for owner-occupants, investors, or multi-generational living. Upper Unit: 2 bright and airy bedrooms 1 full bathroom Comfortable living space with plenty of natural light Kitchen with functional layout Main Level Unit: 3 generously sized bedrooms 1 full bathroom Kitchen with great potential for updates Additional highlights include off-street parking, a shared backyard space, and a location that can’t be beat. You're just a short walk from Main Street shops, restaurants, parks, and entertainment. Whether you're looking to live in one unit and rent the other, or add a strong performer to your investment portfolio, this duplex offers flexibility in a fantastic location! Schedule your showing today!
Ranch style duplex in the heart of Cedar Falls and only 6 blocks to the UNI campus. 3 bedrooms on the main floor. New flooring and renmodeling to this unit. 4 Bedrooms in the finished lower level. Rents typically $1050 per month for each unit. Lower level proffessionally waterproofed. Large corner lot with ample on and off street parking. If converted to a single family home up to $10,000.00 in funds are available to apply for from the city. A little bit of cosmetic updating will make this one shine.
Don't miss out on this excellent income producing property near UNI campus! Gross Rents when 100% occupied = $4,880/month Current Gross Rent = $4,130/month Landlord covers Water & Sewer Landlord covers Lawn & Snow Tenants pay Gas, Electric, Garbage - separate meters
Located just one block from UNI campus, this investment property generates consistent revenue! All units are well-maintained with recent updates. Offering two three-bedroom units and two one-bedroom units, this versatile complex provides options for all students. All four units have dishwasher, stove, and refrigerator. On-site laundry available for tenants to use with coins. Walking distance to restaurants, coffee shops, campus, the UNI bookstore, and College Hill nightlife. This is a great property to add to your investment portfolio! Schedule a showing today.
LOOKING FOR AN INVESTMENT OPPORTUNITY, GREAT LOCATION AND WALKING DISTANCE TO THE UNIVERSITY? Then check out this 7-PLEX which includes Three 1--bedroom apartments, one studio , one 2-bedroom, one 3-bedroom, and one 4-bedroom additional units. All units are fully rented through May 2027. All appliances are included in each unit, and there is plenty of Off-street parking with ease of alley access in back. Appliances and laundry units included. Landlord pays utilites (except internet)
LOOKING FOR AN INVESTMENT OPPORTUNITY, GREAT LOCATION AND WALKING DISTANCE TO THE UNIVERSITY? Then check out this 3-PLEX which includes Three 2-bedroom apartments. All units are fully rented through May 2027. All appliances are included in each unit, and there is plenty of Off-street parking with ease of alley access in back.
LOOKING FOR AN INVESTMENT OPPORTUNITY with a GREAT LOCATION AND WALKING DISTANCE TO THE UNIVERSITY? Then check out this FOUR-PLEX building which includes: three 1-bedroom apartments and one 2-bedroom apartment. All units are fully rented through May 2027. All appliances are included in each unit, and all utilities also included (except internet). Off-street parking with ease of ingress and egress through alley way in back.
Exceptional investment opportunity in the heart of Cedar Falls! This well-maintained duplex sits in a prime central location between the vibrant College Hill district and historic Main Street, putting tenants minutes from UNI, shopping, dining, and entertainment. Both units feature fully split utilities. Five off-street parking spots provide ample space for tenants. Both units are currently occupied, delivering immediate cash flow from day one. Versatile potential makes this property a standout: capitalize on Cedar Falls' strong rental demand with traditional long-term tenants, tap into the short-term Airbnb market driven by UNI events and Cedar Valley visitors, or house hack by living in one unit while the other covers your mortgage. Whether you're a seasoned investor expanding your portfolio or a first-time buyer looking to offset housing costs, this turnkey duplex checks every box. Properties this conveniently located with this much flexibility don't last long in the Cedar Valley market!
No better location than this college rental property. This apartment house features 6 units ranging from 1 bed/1 bath unit to a 4 bed/2 bath unit. Market rate rents generate nearly $5000 per month. Currently rented for $4185/month with one vacancy.
Just a few steps from Campus, this 8 Unit Conversion is a cash-flow machine. With (6) 1 bed/1 bath units and 2 efficiency units, this property has cash flow potential over $5700/month. Currently the property has 2 vacancies, yet still generating $4175/mo.
6-unit rental property in great college hill area location. (4) 2 bed/1 bath units and (2) 1 bed/1 bath units. $4245/ mo current rent with 5 of the 6 units rented. Market Rent at full occupancy is $5095/mo. Coin operated laundry on site in basement. 10 concrete parking spots off the alley.
Cedar Falls Duplex with Great Cashflow! Need I really say more?!?! This Up/Down Duplex is fully occupied and Brings in great Income! One Bedroom, One Bath on the main floor and One Bedroom, One Bath upstairs in the other Unit. Call today to get your showing scheduled! And lets start bringing in some extra income for you!! Call with questions.
Looking for a stable multi-unit property in one of Cedar Falls’ most reliable rental corridors. Look no further than this well-maintained 7-unit apartment building! Offering a strong blend of charm, functionality, and location. The property features a desirable unit mix that includes two-bedroom, one-bedroom, and studio apartments, appealing to a wide range of renters. A classic brick accent across the front adds curb appeal and character, while the setting provides convenient access to the University of Northern Iowa, nearby shopping, dining, and major employers with easy access to major roads for convenient commute. Several units have been updated with newer flooring and refreshed finishes, creating comfortable, modern living spaces while maintaining the building’s original character. The variety in unit layouts supports flexibility for tenants, from roommates to individual residents, and the property has demonstrated consistent occupancy, reflecting ongoing demand in this area. All measurements approximate.
Cedar Falls is located in Iowa. Cedar Falls, Iowa has a population of 40,500. Cedar Falls is more family-centric than the surrounding county with 32.79% of the households containing married families with children. The county average for households married with children is 28.79%.
The median household income in Cedar Falls, Iowa is $66,838. The median household income for the surrounding county is $57,191 compared to the national median of $69,021. The median age of people living in Cedar Falls is 28 years.
The average high temperature in July is 83.5 degrees, with an average low temperature in January of 8.6 degrees. The average rainfall is approximately 35.3 inches per year, with 34.3 inches of snow per year.