If you are looking for your next investment opportunity, then look no further. Check out this 4 unit complex just off of main street in Cedar Falls. This property features (3) one bedroom units, and (1) two bedroom unit. The many updates include new paint, new flooring, a newly added laundry room in the basement, and many more. Schedule your showing today to see this great complex!
Sold for $270,000
$270,000
321 Clay St, Cedar Falls, IA 50613
--beds
--baths
2,954sqft
Quadruplex
Built in 1880
-- sqft lot
$276,800 Zestimate®
$91/sqft
$731 Estimated rent
Home value
$276,800
$249,000 - $310,000
$731/mo
Zestimate® history
Owner options
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$731/mo
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$1,798/mo
Est. payment
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List your homeWhat's special
Off of main streetNew flooringNew paint
Zillow last checked:
Listing updated:
Listed by:
Tyler Bice 612-263-0217,
Structure Real Estate
Bought with:
Tyler Bice, S64843000
Structure Real Estate
Source: Northeast Iowa Regional BOR as distributed by MLS GRID,MLS#: 20250501
Facts & features
Interior
Cooling
- Window Unit(s)
Appliances
- Laundry: 1st Floor
Features
- Basement: Partially Finished
Interior area
- Total structure area: 2,954
- Total interior livable area: 2,954 sqft
- Finished area above ground: 1,412
- Finished area below ground: 1,412
Property
Parking
- Total spaces: 1
- Parking features: Garage, On Street, Attached
- Uncovered spaces: 1
Lot
- Size: 5,478 Square Feet
- Dimensions: 66 x 83
Details
- Parcel number: 891412186006
- Zoning: C-1
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Vinyl Siding
- Roof: Asphalt
Condition
- Year built: 1880
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Other
Community & HOA
Location
- Region: Cedar Falls
Financial & listing details
- Price per square foot: $91/sqft
- Tax assessed value: $228,890
- Annual tax amount: $4,502
- Date on market: 2/6/2025
- Cumulative days on market: 246 days
- Lease term: Over 9 Months
- Tenant pays: Trash Collection, Gas, Heat, Water
Price history
| Date | Event | Price |
|---|---|---|
| 11/3/2025 | Sold | $270,000-1.8%$91/sqft |
Source:  Northeast Iowa Regional BOR as distributed by MLS GRID #20250501 Report a problem | ||
| 10/10/2025 | Pending sale | $275,000$93/sqft |
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20250501 Report a problem | ||
| 9/19/2025 | Price change | $275,000-4.5%$93/sqft |
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20250501 Report a problem | ||
| 6/27/2025 | Price change | $288,000-2.2%$97/sqft |
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20250501 Report a problem | ||
| 4/15/2025 | Price change | $294,500-1.7%$100/sqft |
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20250501 Report a problem | ||
| 2/24/2025 | Price change | $299,500-0.2%$101/sqft |
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20250501 Report a problem | ||
| 2/6/2025 | Listed for sale | $300,000-3.2%$102/sqft |
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20250501 Report a problem | ||
| 8/3/2024 | Listing removed | $310,000$105/sqft |
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20243266 Report a problem | ||
| 7/29/2024 | Listed for sale | $310,000+82.4%$105/sqft |
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20243266 Report a problem | ||
| 7/23/2019 | Listing removed | $675 |
Source: Willow Falls Report a problem | ||
| 3/24/2019 | Listed for rent | $675-15.6% |
Source: Willow Falls Report a problem | ||
| 9/10/2018 | Listing removed | $800 |
Source: Willow Falls Report a problem | ||
| 8/28/2018 | Listed for rent | $800+14.3% |
Source: Willow Falls Report a problem | ||
| 1/21/2016 | Listing removed | $700 |
Source: CV Properties, LLC Report a problem | ||
| 1/17/2016 | Listed for rent | $700 |
Source: CV Properties, LLC Report a problem | ||
| 12/21/2012 | Sold | $170,000$58/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,106 +2.9% | $277,300 +21.1% |
| 2024 | $3,991 -11.4% | $228,890 |
| 2023 | $4,503 +10.2% | $228,890 +4.6% |
| 2022 | $4,087 +10.9% | $218,730 |
| 2021 | $3,685 +2% | $218,730 +10.5% |
| 2020 | $3,612 +6% | $197,900 |
| 2019 | $3,408 +0.2% | $197,900 +7.5% |
| 2018 | $3,401 +0% | $184,010 |
| 2017 | $3,400 +13.1% | $184,010 +8.2% |
| 2016 | $3,006 | $170,130 |
| 2015 | $3,006 -9.2% | $170,130 |
| 2014 | $3,310 -46.9% | $170,130 |
| 2012 | $6,237 +27.6% | $170,130 |
| 2011 | $4,887 -1.7% | $170,130 +32.4% |
| 2010 | $4,974 +1.1% | $128,510 |
| 2009 | $4,921 -1% | $128,510 |
| 2008 | $4,972 +8.6% | $128,510 +9% |
| 2007 | $4,579 +0.2% | $117,900 |
| 2006 | $4,571 +25.2% | $117,900 |
| 2005 | $3,650 +15.7% | $117,900 +51% |
| 2003 | $3,155 +3.6% | $78,080 |
| 2002 | $3,046 +6.2% | $78,080 |
| 2001 | $2,869 | $78,080 |
Find assessor info on the county website
Neighborhood: 50613
Nearby homes
- $--1 bd1 ba750 sqft321 Clay St #4, Cedar Falls, IA 50613Off Market
- $9952 bd1 ba900 sqft321 Clay St APT 1, Cedar Falls, IA 50613For Rent
- $--1 bd1 ba-- sqft321 Clay St APT 2, Cedar Falls, IA 50613Off Market
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- $105,7003 bd1 ba991 sqft315 W 4th St, Cedar Falls, IA 50613Off Market
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- $98,2003 bd1 ba1k sqft323 W 4th St, Cedar Falls, IA 50613Off Market
Nearby schools
GreatSchools rating
- 8/10Lincoln Elementary SchoolGrades: PK-6Distance: 0.2 mi
- 9/10Holmes Junior High SchoolGrades: 7-9Distance: 1.1 mi
- 6/10Cedar Falls High SchoolGrades: 10-12Distance: 2.1 mi
Schools provided by the listing agent
- Elementary: Lincoln Elementary CF
- Middle: Holmes 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.
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$276,800
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- Iowa
- Black Hawk County
- Cedar Falls
- 50613
- 321 Clay St
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