Pending

$234,900

1821 Clay St, Cedar Falls, IA 50613

4beds

2baths

1,537sqft

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Duplex

Built in 1870

-- sqft lot

$226,300 Zestimate^®

$153/sqft

$-- HOA

What's special

Interior doors and trimLvp flooringQuartz countertops

CEDAR FALLS DUPLEX! Investor or home owner alert! Great opportunity to either continue renting or live on one level and have tenants pay for a majority of your mortgage. Prime location in Cedar Falls and completely renovated from top to bottom. This property has been gutted and everything new from LVP flooring, paint, cabinetry, windows, quartz countertops, interior doors and trim, appliances and all work has been professionally done by a licensed contractor. Storage available for tenants or homeowner in basement and washer/dryer available with the sale. Double stall garage in the back. Tenants pay all CFU bills and landlord pays for lawn and snow. $1115 rent down and $950 up. Upper unit lease ends 7/31/26 and could be owner occupied at that time or new tenants. Lower unit just renewed lease for another 12 months. 2 bed and 1 bath on both levels. 2 newer furnaces and 2 water heaters. All electrical and plumbing updated. Roof is 2023.

54 days

26

1

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2

Heating

Forced Air

Cooling

Central Air

Appliances

Laundry: Lower Level

Features

Basement: Block

Interior area

Total structure area: 1,537
Total interior livable area: 1,537 sqft
Finished area above ground: 850
Finished area below ground: 850

Property

Parking

Parking features: Garage, Detached

Features

Levels: Two

Lot

Size: 8,712 Square Feet
Dimensions: 66x132

Details

Additional structures: Multiple Houses
Parcel number: 891413185006
Zoning: R-1
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Duplex

Materials

Aluminum Siding
Roof: Asphalt

Condition

Year built: 1870

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Cable Paid by Individual, Garbage Pd by Individual

Community & HOA

Location

Region: Cedar Falls

Financial & listing details

Price per square foot: $153/sqft
Tax assessed value: $194,470
Annual tax amount: $2,177
Date on market: 5/17/2026
Cumulative days on market: 55 days
Lease term: Over 9 Months
Tenant pays: Electricity, Trash Collection, Gas, Heat, Water
Road surface type: Hard Surface Road

Estimated market value

$226,300

$215,000 - $238,000

$1,198/mo

Price history

Date	Event	Price
6/2/2026	Pending sale	$234,900$153/sqft
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20262131 Report a problem
5/17/2026	Listed for sale	$234,900+44.1%$153/sqft
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20262131 Report a problem
3/11/2024	Sold	$163,000+16.4%$106/sqft
Source: Public Record Report a problem
6/18/2013	Sold	$140,000+62.8%$91/sqft
Source: Public Record Report a problem
11/3/2009	Sold	$86,000$56/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,178 -6.4%	$194,470 +43.7%
2024	$2,326 -5%	$135,330 -9.1%
2023	$2,449 -1.2%	$148,800 +12.2%
2022	$2,479 +9.7%	$132,660
2021	$2,259 +2%	$132,660 +9.3%
2020	$2,215 +10.7%	$121,340
2019	$2,000 +0.2%	$121,340 +12.4%
2018	$1,996 0%	$107,990
2017	$1,996 +4.6%	$107,990
2016	$1,908	$107,990
2015	$1,908 +36.1%	$107,990 +3.6%
2014	$1,402 +7.2%	$104,210 +34.2%
2012	$1,307 -4.6%	$77,680
2011	$1,370 +1.5%	$77,680 -5%
2010	$1,351 +4.1%	$81,780
2009	$1,297 +2%	$81,780
2008	$1,272 +3.4%	$81,780 +7%
2007	$1,230 -1.7%	$76,430
2006	$1,252 -8.1%	$76,430
2005	$1,362 +2.3%	$76,430 +8.8%
2003	$1,332 +0.8%	$70,230
2002	$1,321 +7.9%	$70,230 +18%
2001	$1,224	$59,510

Find assessor info on the county website

Monthly payment

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Payment breakdown

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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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Climate risks

Neighborhood: 50613

Getting around

74 / 100

Very Walkable

29 / 100

Some Transit

74 / 100

Very Bikeable

Nearby schools

GreatSchools rating

6/10
Cedar Heights Elementary School
Grades: PK-6Distance: 1.6 mi
9/10
Peet Junior High School
Grades: 7-9Distance: 0.6 mi
7/10
Cedar Falls High School
Grades: 10-12Distance: 1.6 mi

Schools provided by the listing agent

Elementary: Cedar Heights Elementary
Middle: Peet Junior High
High: Cedar Falls High

Source: Northeast Iowa Regional BOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.