Here is your chance to own a proven rental property with many years of profitable ownership for the current owners. So many positives with this great Cedar Falls 4-Plex. It's in a great location, close to both UNI and downtown, all utilities are individually metered, and it features its own private parking area in back of the building. Currently generating $2,530 in monthly rents. Many recent updates. Turn key investment for sure!
Sold for $259,900
$259,900
611 W 12th St, Cedar Falls, IA 50613
--beds
--baths
2,398sqft
Quadruplex
Built in 1910
-- sqft lot
$271,800 Zestimate®
$108/sqft
$1,509 Estimated rent
Home value
$271,800
$245,000 - $302,000
$1,509/mo
Zestimate® history
Owner options
List your home for rent
$1,509/mo
Rent Zestimate®
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$1,509/mo
Rent Zestimate®
Refinance and save
$1,709/mo
Est. payment
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$1,709/mo
Est. payment
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List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Joe Leehey 319-415-7349,
Fischels Residential Group,
Brooke Leehey 319-404-7297,
Fischels Residential Group
Bought with:
Jan Pint, S44594
Fischels Residential Group
Source: Northeast Iowa Regional BOR as distributed by MLS GRID,MLS#: 20244151
Facts & features
Interior
Cooling
- Window Unit(s)
Appliances
- Laundry: Lower Level
Features
- Basement: Concrete,Interior Entry
Interior area
- Total structure area: 2,398
- Total interior livable area: 2,398 sqft
- Finished area above ground: 1,199
- Finished area below ground: 919
Property
Parking
- Total spaces: 6
- Parking features: Parking Pad, Parking Space, Paved, None
- Uncovered spaces: 6
Lot
- Size: 10,454 sqft
- Dimensions: 66x156
Details
- Parcel number: 891412365014
- Zoning: R-3
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Vinyl Siding
- Roof: Asphalt
Condition
- Year built: 1910
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Paid by Individual, Elec Individual Meters, Garbage Pd by Individual, Gas Individual Meters, Separate Meters, Water - Multiple Meters
Community & neighborhood
Location
- Region: Cedar Falls
Price history
| Date | Event | Price |
|---|---|---|
| 11/21/2024 | Sold | $259,900$108/sqft |
Source:  Northeast Iowa Regional BOR as distributed by MLS GRID #20244151 Report a problem | ||
| 9/20/2024 | Pending sale | $259,900$108/sqft |
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20244151 Report a problem | ||
| 9/17/2024 | Listed for sale | $259,900$108/sqft |
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20244151 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,196 +2.9% | $258,900 +30.4% |
| 2024 | $3,105 +5.9% | $198,590 |
| 2023 | $2,933 -16.1% | $198,590 +25% |
| 2022 | $3,495 +8.9% | $158,850 |
| 2021 | $3,211 -5.6% | $158,850 +10.2% |
| 2020 | $3,403 +0.2% | $144,100 +39.5% |
| 2019 | $3,396 -6.7% | $103,310 +5% |
| 2018 | $3,642 0% | $98,390 |
| 2017 | $3,642 -4.5% | $98,390 |
| 2016 | $3,814 | $98,390 |
| 2015 | $3,814 -10% | $98,390 -29.3% |
| 2014 | $4,240 -8.1% | $139,180 |
| 2012 | $4,615 -13.8% | $139,180 |
| 2011 | $5,352 -5% | $139,180 -10.2% |
| 2010 | $5,633 +1.2% | $155,000 -3.1% |
| 2009 | $5,568 -1.2% | $160,020 |
| 2008 | $5,633 +8.6% | $160,020 +9% |
| 2007 | $5,188 +0.1% | $146,810 |
| 2006 | $5,182 +67.7% | $146,810 |
| 2005 | $3,090 +15.5% | $146,810 +102.4% |
| 2003 | $2,676 +3.7% | $72,520 |
| 2002 | $2,581 -0.3% | $72,520 |
| 2001 | $2,589 | $72,520 |
Find assessor info on the county website
Neighborhood: 50613
Nearby schools
GreatSchools rating
- 7/10Lincoln Elementary SchoolGrades: PK-6Distance: 0.3 mi
- 9/10Holmes Junior High SchoolGrades: 7-9Distance: 1 mi
- 7/10Cedar Falls High SchoolGrades: 10-12Distance: 1.6 mi
Schools provided by the listing agent
- Elementary: Lincoln Elementary Waterloo
- 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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- Iowa
- Black Hawk County
- Cedar Falls
- 50613
- 611 W 12th St
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