Introducing an extraordinary opportunity – a lucrative 6-unit apartment building located in Cedar Falls. This exceptional property generates an impressive $3,165 in monthly rental income, with just one unit currently vacant. Each unit comes equipped with central air and furnaces, and individual metering for electric and gas, providing convenience for both the landlord and tenants. For added income, the building boasts in-unit coin-operated laundry facilities. Moreover, its prime location within walking distance of the college and college hill businesses makes it highly desirable to potential tenants, ensuring easy and consistent rental occupancy. Don't miss out on this incredible money-making investment with a proven track record of profitability! Contact us now to seize this golden opportunity.
Sold for $249,000
$249,000
805 W Seerley Blvd, Cedar Falls, IA 50613
8beds
6baths
3,816sqft
Apartment
Built in 1890
-- sqft lot
$262,700 Zestimate®
$65/sqft
$1,063 Estimated rent
Home value
$262,700
$221,000 - $307,000
$1,063/mo
Zestimate® history
Owner options
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$1,063/mo
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$1,063/mo
Rent Zestimate®
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$1,734/mo
Est. payment
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$1,734/mo
Est. payment
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List your homeWhat's special
Central airIndividual metering
Zillow last checked:
Listing updated:
Listed by:
Jared Hottle 319-288-5382,
Inspired Real Estate
Bought with:
Deanna Wheeler, Gri, Cne, Crs, B28309000
RE/MAX Concepts - Cedar Falls
Source: Northeast Iowa Regional BOR as distributed by MLS GRID,MLS#: 20233271
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 6
Cooling
- Central Air
Appliances
- Laundry: Lower Level
Features
- Basement: Stone/Rock
Interior area
- Total structure area: 3,816
- Total interior livable area: 3,816 sqft
- Finished area above ground: 1,408
- Finished area below ground: 300
Property
Parking
- Parking features: No Parking, None
Lot
- Size: 6,955 Square Feet
- Dimensions: 107x65
Details
- Parcel number: 891413351021
- Zoning: R-4
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Apartment
Materials
- Slate
- Roof: Asphalt
Condition
- Year built: 1890
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: $65/sqft
- Tax assessed value: $373,730
- Annual tax amount: $4,921
- Date on market: 8/4/2023
- Cumulative days on market: 4 days
- Lease term: Other
- Tenant pays: Electricity, Gas
Price history
| Date | Event | Price |
|---|---|---|
| 8/21/2023 | Sold | $249,000$65/sqft |
Source:  Northeast Iowa Regional BOR as distributed by MLS GRID #20233271 Report a problem | ||
| 8/8/2023 | Pending sale | $249,000$65/sqft |
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20233271 Report a problem | ||
| 8/4/2023 | Listed for sale | $249,000$65/sqft |
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20233271 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $801 +3.8% | $59,320 +19.2% |
| 2024 | $772 +25.7% | $49,760 -20.1% |
| 2023 | $614 -1.2% | $62,260 +87.3% |
| 2022 | $621 +11.9% | $33,240 |
| 2021 | $555 +2% | $33,240 +11.5% |
| 2020 | $544 +6.7% | $29,810 |
| 2019 | $510 +0.2% | $29,810 +8.3% |
| 2018 | $509 +0.1% | $27,530 |
| 2017 | $508 +13.9% | $27,530 +9.1% |
| 2016 | $446 | $25,240 |
| 2015 | $446 +1.4% | $25,240 |
| 2014 | $440 +3.6% | $25,240 |
| 2012 | $425 -37.2% | $25,240 |
| 2011 | $676 +1.5% | $25,240 -37.4% |
| 2010 | $666 +4.1% | $40,340 |
| 2009 | $640 +2% | $40,340 |
| 2008 | $628 +3.4% | $40,340 +7% |
| 2007 | $607 -1.7% | $37,700 |
| 2006 | $617 | $37,700 |
| 2005 | -- | $37,700 |
Find assessor info on the county website
Neighborhood: 50613
Nearby homes
- $229,5002 bd1 ba757 sqft805 W Seerley Blvd APT 2, Cedar Falls, IA 50613Off Market
- $--1 bd1 ba-- sqft805 W Seerley Blvd APT 6, Cedar Falls, IA 50613Off Market
- $--1 bd1 ba-- sqft805 W Seerley Blvd APT 5, Cedar Falls, IA 50613Off Market
- $170,0009 bd3 ba3.5k sqft2315 Olive St, Cedar Falls, IA 50613Sold
- $71,3003 bd1 ba872 sqft2315 Olive St #A, Cedar Falls, IA 50613Off Market
- $73,4003 bd1 ba872 sqft2315 Olive St #B, Cedar Falls, IA 50613Off Market
- $71,9003 bd1 ba872 sqft2315 Olive St #C, Cedar Falls, IA 50613Off Market
- $70,9003 bd1 ba872 sqft2315 Olive St #D, Cedar Falls, IA 50613Off Market
Nearby schools
GreatSchools rating
- 8/10Lincoln Elementary SchoolGrades: PK-6Distance: 1.1 mi
- 9/10Holmes Junior High SchoolGrades: 7-9Distance: 1.5 mi
- 6/10Cedar Falls High SchoolGrades: 10-12Distance: 1.2 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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- Iowa
- Black Hawk County
- Cedar Falls
- 50613
- 805 W Seerley Blvd
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