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Cedar Falls, IA Multifamily Homes & Duplexes for Sale

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  • /20

    $189,900

    • 5 Beds
    • 2 Baths
    • 1,190 Sq Ft

    526 W 8th St, Cedar Falls, IA 50613

    Check out this duplex right in the heart of Cedar Falls! Both units are currently rented, making it a great investment opportunity. Whether you’re thinking short-term rental, long-term rental, or even living in one side while renting out the other, this place gives you plenty of options.

    Bethany Benner Oakridge Real Estate

    526 W 8th St, Cedar Falls, IA 50613
  • /32

    $265,000

    • 1,022 Sq Ft

    3116 Pocahontas Rd, Cedar Falls, IA 50613

    Great potential for an owner-occupied duplex or multi-generational family situation. Just a couple blocks from some amazing bike trails and parks. Great double garage for plenty of parking or storage. Corner lot in a peaceful neighborhood in north cedar. 1 Bedroom in upper unit and 3 in Lower unit but could be remodeled for more bedrooms if preferred.

    Bob Delveau Oakridge Real Estate

    3116 Pocahontas Rd, Cedar Falls, IA 50613
  • /40

    $309,500

    • 8 Beds
    • 4 Baths
    • 1,149 Sq Ft

    2503 Olive St, Cedar Falls, IA 50613

    Located just one block from UNI campus, this investment property generates consistent revenue! All units are well-maintained with recent updates. Offering two three-bedroom units and two one-bedroom units, this versatile complex provides options for all students. All four units have dishwasher, stove, and refrigerator. On-site laundry available for tenants to use with coins. Walking distance to

    Mike Taylor Lockard Realty Company

    2503 Olive St, Cedar Falls, IA 50613
  • /38

    $580,000

    • 6 Beds
    • 5 Baths
    • 2,489 Sq Ft

    924 Elmridge Dr, Cedar Falls, IA 50613

    This duplex presents a unique opportunity! Custom built in 2006, this owner-occupied property offers comfortable living at 924 Elmridge Dr. with an income producing rental attached at 3814 Eastpark Rd. Use the smaller side for a rental or a multi-generational set-up. The entire property is "For Sale" as one purchase. Pulling into the driveway of 924 Elmridge Drive you will be "wowed" with the

    Bryn Mangrich Oakridge Real Estate

    924 Elmridge Dr, Cedar Falls, IA 50613
  • /5

    $223,000

    • 1,080 Sq Ft

    603 Iowa St, Cedar Falls, IA 50613

    Investment Opportunity! Duplex in Prime Cedar Falls Location – Walk to Downtown! This property is currently under lease for $1,650 a month so there is room to raise rents in the future. The current renter recently resigned a year lease so no need to find new tenants right away! Don't miss this rare opportunity to own a duplex just steps from vibrant downtown Cedar Falls! This versatile

    Blake Keating AWRE - Commercial & Development

    603 Iowa St, Cedar Falls, IA 50613
  • /13

    $242,000

    • 5 Beds
    • 3 Baths
    • 1,653 Sq Ft

    1003 Bluff St, Cedar Falls, IA 50613

    Fantastic investment opportunity within walking distance of Main St. Cedar Falls! Main floor includes 4 beds and 2 baths, ample sized living room, kitchen with oven/stove, refrigerator, and dishwasher. Upstairs has 1 bed and 1 bath, kitchen with oven/stove & refrigerator, and includes washer/dryer in the unit. This property also boasts an oversized, detached 2-stall garage. Great duplex to add to

    Greg Schneider Fischels Residential Group

    1003 Bluff St, Cedar Falls, IA 50613
  • /38

    $592,900

    • 6 Beds
    • 6 Baths
    • 546 Sq Ft

    214 N Francis St, Cedar Falls, IA 50613

    **Investors Dream: Modern Duplex in Cedar Falls!** Introducing a fantastic investment opportunity in Cedar Falls! This super clean duplex, built in 2018, features spacious 3 bedrooms and 3.5 baths on each side, making it perfect stylish living space. Currently rented through early summer 2026 at $1,800 per side, this property offers instant revenue with reliable tenants already in place. Each

    Sara Wegmann Oakridge Real Estate

    214 N Francis St, Cedar Falls, IA 50613

Why Live in Cedar Falls

Cedar Falls, located in Black Hawk County, Iowa, is a small city with a population of around 40,000 people. Anchored by the University of Northern Iowa, which enrolls about 9,000 students, Cedar Falls boasts a vibrant arts community and numerous recreational opportunities. The Hearst Center for the Arts and the Gallagher Performing Arts Center are key cultural venues, offering art exhibits, theater, music performances, and various classes. The city also has a robust downtown district along Main Street, featuring small shops, dining options like The Horny Toad American Bar & Grill, Pump Haus Pub & Grill, and Montage, as well as the Cedar Falls Community Theatre. For those interested in sports, the UNI football team plays in a large, enclosed space, and the Cedar Falls Pickleball Club is highly active, with expanded courts to accommodate tournaments. The Cedar Falls Community School District is highly rated, and the city also has several private schools. Housing options range from historic Victorian homes downtown to new traditional single-family homes and townhouses on the outskirts. Cedar Falls experiences snowy winters and humid summers, with relatively mild winter conditions compared to other snowy U.S. climates. The city has low crime rates, with violent crime significantly lower than the national average. Residents can bike around town using the ample bike lanes, and public transportation is available through Met Transit. Cedar Falls is accessible via U.S. Highways 20, 63, and 218, and is connected to Waterloo by Interstate 380. The Cedar Falls Medical Center serves the community's healthcare needs.

Home Trends in Cedar Falls, IA

Housing Trends

Median Sale Price
$285,000
Median Single Family Sale Price
$307,250
Median Townhouse Sale Price
$306,335
Median 2 Bedroom Sale Price
$269,950
Median 1 Bedroom Sale Price
$202,500
Average Price Per Sq Ft
$196
Number of Homes for Sale
106
Last 12 months Home Sales
523
Months of Supply
2.40
Median List Price
$299,900
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
5%
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