$179,900

Estimated payment $1,285/month

Total Views 18,040
5 Beds
-- Bath
1,190 Sq Ft
$151 Price per Sq Ft

About This Home

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!

Listing Agent

Jared Hottle

Berkshire Hathaway Home Serv License #S68688000 Listed on: 05/19/2026

Berkshire Hathaway Home Serv

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,556

Year Built

  • Built in 1900

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 66x132

Home Design

  • Duplex
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 5 Bedrooms
  • Stone Basement
  • Washer and Gas Dryer Hookup

Parking

  • 5 Open Parking Spaces
  • No Garage
  • Paved Parking
  • Assigned Parking

Schools

  • Lincoln Elementary Cf
  • Holmes Junior High
  • Cedar Falls High School

Utilities

  • Central Air

Community Details

  • 2 Units
  • D C Overmans Addition Subdivision

Listing and Financial Details

  • Assessor Parcel Number 891412354001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,556

Year Built

Built in 1900

Lot Details

8,712 Sq Ft Lot

Listing Details

  • Parcel Number: 891412354001
  • Year Built: 1900
  • Property Sub-Type: Duplex
  • PropertyType: Residential Income
  • ResoLaundryFeatures: Dryer Hookup-Gas, Washer Hookup
  • Lot Size Acres: 0.2
  • Co List Office Phone: 319-233-7000
  • MLS Status: ACTIVE
  • Subdivision Name: D C OVERMANS ADDITION
  • Above Grade Finished Sq Ft: 1190
  • Reso Roof: Asphalt
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Stone/Rock
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1190

Exterior Features

  • Construction Type: Vinyl Siding
  • Siding: Vinyl

Garage/Parking

  • Open Parking Spaces: 5
  • Parking Features: Assigned, Paved, None

Utilities

  • Cooling: Central Air
  • Sewer: Public Sewer
  • Utilities: Elec Individual Meters, Gas Individual Meters, Water - Multiple Meters
  • Water Source: Public

Schools

  • Elementary School: Lincoln Elementary CF
  • High School: Cedar Falls High
  • Middle Or Junior School: Holmes Junior High

Lot Info

  • Zoning: R-2
  • Lot Dimensions: 66x132
  • Lot Size Sq Ft: 8712

Rental Info

  • Tenant Pays: Electricity, Gas, Trash Collection, Water
  • Lease Term: Over 9 Months

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3556

Map

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,556 $165,000 $48,510 $116,490
2024 $3,556 $221,000 $32,340 $188,660
2023 $3,552 $221,000 $32,340 $188,660
2022 $3,610 $192,360 $32,340 $160,020
2021 $3,388 $193,260 $32,340 $160,920
2020 $3,320 $181,940 $21,020 $160,920
2019 $3,320 $181,940 $21,020 $160,920
2018 $3,068 $166,040 $21,020 $145,020
2017 $3,134 $166,040 $21,020 $145,020
2016 $2,934 $166,040 $21,020 $145,020
2015 $2,934 $166,040 $21,020 $145,020
2014 $2,742 $153,430 $21,020 $132,410
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/19/2026 05/19/26 For Sale $179,900 +9.0% $151 / Sq Ft
03/08/2024 03/08/24 Sold $165,000 -2.9% $139 / Sq Ft View Prior Sale
01/30/2024 01/30/24 Pending -- -- --
01/29/2024 01/29/24 Price Changed $169,900 -12.8% $143 / Sq Ft
08/23/2023 08/23/23 Price Changed $194,900 -2.5% $164 / Sq Ft
07/18/2023 07/18/23 For Sale $199,900 -- $168 / Sq Ft
Source: Northeast Iowa Regional Board of REALTORS®

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $157,500 None Listed On Document
Land Contract $157,500 None Available
Warranty Deed $140,000 None Available
Land Contract $140,000 None Available
Warranty Deed $145,000 Black Hawk Cnty Abstract & T
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Previous Owner $143,200 Future Advance Clause Open End Mortgage
Previous Owner $117,866 Commercial
Previous Owner $120,000 Future Advance Clause Open End Mortgage
Source: Public Records

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20262184

Northeast Iowa Regional Board of REALTORS®

APN: 8914-12-354-001

Your Personal Tour Guide

Ask me questions while you tour the home.