Courtesy: Berkshire Hathaway Home Services One Realty Centre
319-233-7000
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!
Courtesy: Structure Real Estate
319-260-2016
Investment opportunity! This well-located duplex is currently fully rented and ready for a new owner. It's a registered rental with paved off-street parking. The main level is a 4 bedroom, 1 bathroom unit. The lower level is a 2 bedroom, 1 bathroom unit. There is also a separate shared laundry/mechanical room in the lower level. 24 hour+ notice required for showings due to tenant occupancy. The main level unit will be available in September for any owner-occupant interest!
Courtesy: Berkshire Hathaway Home Services One Realty Centre
319-233-7000
Great investment property two blocks from the College Hill area. All five units have leases signed. Paved parking and coin operated laundry on site
Courtesy: Structure Real Estate
319-260-2016
Updated and really well cared for up-down duplex. (2)- 4 bedroom units. Great location within walking distance to UNI campus. Lots of room for rent income increases - current rents total $2400/mo.
Courtesy: Structure Real Estate
319-260-2016
Well care for Up-down duplex in great location. Walking distance to UNI. 2 - 4 bedroom units. Historical Rents total 2400/month. 1 unit currently vacant.
Courtesy: Structure Real Estate
319-260-2016
Investor special! This duplex features an upstairs and main-level unit, 2 stall garage with paved driveway, fenced-in yard and a new roof in 2023. The main-level unit is nicely updated and has 2 bedrooms and 1 bathroom with 2 spacious living areas. It is tenant-occupied and rented at $1100/mo. The upstairs unit is currently vacant and has 3 bedrooms and 1 bathroom. There is also shared coin-laundry in the entryway. This is a great investment opportunity; schedule your showing today!
Courtesy: Oakridge Real Estate
319-277-5005
4-plex investment opportunity awaits! 3 of 4 units currently leased, 4th unit lease to begin in May. All units are 1 bed 1 bath with refrigerator and stove. Unit 1-$850/mo beginning in May. Unit 2-$775/mo. Unit 3-$750/mo. Unit 4-$750/mo. Owner pays gas, water, lawn care & snow removal. Proactive maintenance has been kept up on property since seller has owned, including: paint, plumbing, flooring, kitchen, bath. New siding/window casings in 2024! Individual electric meters.
Courtesy: Structure Real Estate
319-260-2016
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.
Courtesy: Structure Real Estate
319-260-2016
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.
Courtesy: Structure Real Estate
319-260-2016
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.
Courtesy: Structure Real Estate
319-260-2016
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.
Courtesy: Vine Valley Real Estate
319-249-5468
This updated four unit property is located in a desirable Cedar Falls area and features thoughtful modern improvements throughout. Each unit offers updated countertops, stainless steel appliances, and new cabinetry. Inside, you will find spacious bedrooms, new flooring, and fresh paint that create a comfortable and welcoming feel. Large windows bring in plenty of natural light, adding to the bright and open atmosphere. Exterior and common area updates include new siding, a new roof, paved parking, and newly carpeted shared hallways, offering a low maintenance investment. Conveniently situated near UNI, dining, entertainment, and everyday amenities, this property provides a strong opportunity for consistent rental income. Schedule your showing today. All dimensions are approximate.
Courtesy: Lockard Realty Company
319-277-8000
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.
Courtesy: Vine Valley Real Estate
319-249-5468
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.
