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!
93 days
|
431
|
18
|
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Jared Hottle319-288-5382,
Berkshire Hathaway Home Serv
Source: Northeast Iowa Regional BOR as distributed by MLS GRID,MLS#: 20262184
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 5
Cooling
Central Air
Appliances
Laundry: Gas Dryer Hookup, Washer Hookup
Features
Basement: Stone/Rock
Interior area
Total structure area: 2,208
Total interior livable area: 2,208 sqft
Finished area above ground: 1,190
Finished area below ground: 1,190
Property
Parking
Total spaces: 5
Parking features: Assigned, Paved, None
Uncovered spaces: 5
Lot
Size: 8,712 Square Feet
Dimensions: 66x132
Details
Parcel number: 891412354001
Zoning: R-2
Special conditions: Standard
Construction
Type & style
Home type: MultiFamily
Property subtype: Duplex
Materials
Vinyl Siding
Roof: Asphalt
Condition
Year built: 1900
Utilities & green energy
Sewer: Public Sewer
Water: Public
Utilities for property: Elec Individual Meters, Gas Individual Meters, Water - Multiple Meters
Community & HOA
Community
Subdivision: D C OVERMANS ADDITION
Location
Region: Cedar Falls
Financial & listing details
Price per square foot: $81/sqft
Tax assessed value: $165,000
Annual tax amount: $3,556
Date on market: 5/19/2026
Cumulative days on market: 93 days
Lease term: Over 9 Months
Tenant pays: Electricity, Gas, Trash Collection, Water
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
$852/mo
Price history
Date
Event
Price
5/19/2026
Listed for sale
$179,900-2.7%$81/sqft
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20262184Report a problem
3/4/2026
Listing removed
$184,900$84/sqft
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20254322Report a problem
2/3/2026
Price change
$184,900-2.6%$84/sqft
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20254322Report a problem
10/28/2025
Price change
$189,900-5%$86/sqft
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20254322Report a problem
9/4/2025
Listed for sale
$199,900+21.2%$91/sqft
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20254322Report a problem
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.