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-$900/mo. 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.
For sale
$270,000
706 W 12th St, Cedar Falls, IA 50613
--beds
4baths
2,071sqft
Quadruplex
Built in 1900
-- sqft lot
$259,300 Zestimate®
$130/sqft
$-- HOA
What's special
- 6 days |
- 127 |
- 6 |
Zillow last checked:
Listing updated:
Listed by:
Dave Woods 319-242-2720,
Oakridge Real Estate
Source: Northeast Iowa Regional BOR as distributed by MLS GRID,MLS#: 20262963
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Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 4
Heating
- Forced Air, Natural Gas
Cooling
- Window Unit(s)
Appliances
- Laundry: None
Features
- Basement: Stone/Rock
Interior area
- Total structure area: 2,071
- Total interior livable area: 2,071 sqft
- Finished area above ground: 1,049
- Finished area below ground: 794
Property
Parking
- Total spaces: 4
- Parking features: Garage, Parking Space, Paved, Detached
- Uncovered spaces: 4
Features
- Levels: Two
Lot
- Size: 10,454 Square Feet
- Dimensions: 78x132
Details
- Parcel number: 891413101008
- Zoning: R-M
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Vinyl Siding
- Roof: Asphalt
Condition
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Paid by Individual, Elec Individual Meters
Community & HOA
Location
- Region: Cedar Falls
Financial & listing details
- Price per square foot: $130/sqft
- Tax assessed value: $241,240
- Annual tax amount: $2,945
- Date on market: 7/1/2026
- Cumulative days on market: 99 days
- Lease term: Over 9 Months
- Tenant pays: Electricity, Trash Collection
- Road surface type: Hard Surface Road
Estimated market value
$259,300
$246,000 - $272,000
$903/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/1/2026 | Listed for sale | $270,000$130/sqft |
Source:  Northeast Iowa Regional BOR as distributed by MLS GRID #20262963 Report a problem | ||
| 7/1/2026 | Listing removed | $270,000$130/sqft |
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20261232 Report a problem | ||
| 4/30/2026 | Price change | $270,000-3.6%$130/sqft |
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20261232 Report a problem | ||
| 3/30/2026 | Listed for sale | $280,000+21.7%$135/sqft |
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20261232 Report a problem | ||
| 1/27/2023 | Sold | $230,000-7.6%$111/sqft |
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20225135 Report a problem | ||
| 12/28/2022 | Pending sale | $249,000$120/sqft |
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20225135 Report a problem | ||
| 11/4/2022 | Listed for sale | $249,000$120/sqft |
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20225135 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,945 +2.9% | $241,240 +31.8% |
| 2024 | $2,861 +9.1% | $183,020 |
| 2023 | $2,622 -1.2% | $183,020 +28.8% |
| 2022 | $2,654 +8.5% | $142,050 |
| 2021 | $2,446 +2% | $142,050 +8.1% |
| 2020 | $2,398 +4.2% | $131,370 |
| 2019 | $2,301 +0.2% | $131,370 +5.7% |
| 2018 | $2,296 0% | $124,240 |
| 2017 | $2,296 +10.9% | $124,240 +6.1% |
| 2016 | $2,070 | $117,110 |
| 2015 | $2,070 +1.3% | $117,110 |
| 2014 | $2,044 -47.4% | $117,110 |
| 2012 | $3,883 +7.3% | $117,110 |
| 2011 | $3,618 -1.9% | $117,110 +11.8% |
| 2010 | $3,689 +1.2% | $104,790 |
| 2009 | $3,646 -1.2% | $104,790 |
| 2008 | $3,689 +8.6% | $104,790 +9% |
| 2007 | $3,397 +0.1% | $96,130 |
| 2006 | $3,393 +3.9% | $96,130 |
| 2005 | $3,265 +15.5% | $96,130 +25.4% |
| 2003 | $2,828 +3.7% | $76,640 |
| 2002 | $2,728 -6.3% | $76,640 |
| 2001 | $2,912 | $76,640 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 50613
Nearby schools
GreatSchools rating
- 7/10Lincoln Elementary SchoolGrades: PK-6Distance: 0.4 mi
- 9/10Holmes Junior High SchoolGrades: 7-9Distance: 1 mi
- 7/10Cedar Falls High SchoolGrades: 10-12Distance: 1.5 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.
A local agent can set up tours, give advice and negotiate with sellers.
- Iowa
- Black Hawk County
- Cedar Falls
- 50613
- 706 W 12th St
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Nearby zip codes
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