$279,000

8001 University Ave Cedar Falls, IA 50613

Estimated payment $1,754/month

Total Views 5,538
-- Bed
-- Bath
1,652 Sq Ft
$169 Price per Sq Ft

Highlights

  • Hot Property
  • Forced Air Heating and Cooling System
  • Wood Siding
  • Southdale Elementary School Rated A-

About This Home

Great opportunity for an investment property right across the street from the UNI Campus! Rent the Upper and Lower units, or live in one and rent out the other. With over 3300 total square feet, this property has a lot to offer! The upper level includes 4 bedrooms and 1 full bath, in addition to two very large living spaces. The lower unit includes an incredible 6 bedrooms and 2 full baths, providing endless opportunity, or bonus spaces for you to spread out. Both units include all appliances, including newer washers and dryers. On the exterior, enjoy peace of mind knowing you have a newer roof and windows, as well as a brand new furnace and AC unit upstairs installed in 2025! Market rent for the upper unit is $1400 and lower unit is $1300. Current tenant occupies both units at a discounted rate of $2500.

Listing Agent

Sarah Buchheit

Pella Real Estate Services License #B61228000 Listed on: 10/02/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,291

Year Built

  • Built in 1953

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 98x127

Home Design

  • Duplex
  • Block Foundation
  • Asphalt Roof
  • Wood Siding

Parking

  • 4 Open Parking Spaces
  • No Garage
  • Parking Available

Schools

  • Southdale Elementary School
  • Peet Junior High
  • Cedar Falls High School

Additional Features

  • Laundry on lower level
  • Forced Air Heating and Cooling System

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 891424101003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,291

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Parcel Number: 891424101003
  • Year Built: 1953
  • Property Sub-Type: Duplex
  • PropertyType: Residential Income
  • ResoLaundryFeatures: 1st Floor, Lower Level
  • Lot Size Acres: 0.29
  • Road Frontage Type: Hard Surface Road
  • Co List Office Phone: 641-628-1289
  • MLS Status: ACTIVE
  • Above Grade Finished Sq Ft: 1652
  • Reso Roof: Asphalt
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Block
  • Below Grade Sq Ft: 1652

Exterior Features

  • Construction Type: Shingle Siding, Wood Siding
  • Siding: Hardboard

Garage/Parking

  • Open Parking Spaces: 4
  • Parking Features: Parking Pad, Parking Space, None

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer
  • Utilities: Cable Paid by Individual, Elec Individual Meters, Garbage Pd by Individual, Gas Individual Meters, Separate Meters, Water - Multiple Meters
  • Water Source: Public

Schools

  • Elementary School: Southdale Elementary
  • High School: Cedar Falls High
  • Middle Or Junior School: Peet Junior High

Lot Info

  • Zoning: R-2
  • Lot Dimensions: 98x127
  • Lot Size Sq Ft: 12446

Rental Info

  • Tenant Pays: Electricity, Garbage Pick-up, Gas, Heat, Snow Removal, Trash Collection, Water
  • Lease Term: 6 Months

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3290.9

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

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
2024 $3,290 $204,510 $38,020 $166,490
2023 $3,524 $210,160 $38,020 $172,140
2022 $3,566 $190,870 $38,020 $152,850
2021 $3,050 $190,870 $38,020 $152,850
2020 $2,990 $163,810 $30,900 $132,910
2019 $2,990 $163,810 $30,900 $132,910
2018 $2,782 $150,520 $30,900 $119,620
2017 $2,782 $150,520 $30,900 $119,620
2016 $2,660 $150,520 $30,900 $119,620
2015 $2,660 $150,520 $30,900 $119,620
2014 $2,690 $150,520 $30,900 $119,620
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/02/2025 10/02/25 For Sale $279,000 0.0% $169 / Sq Ft
11/30/2024 11/30/24 Off Market $1,400 -- --
11/18/2024 11/18/24 For Rent $1,400 0.0% --
11/11/2024 11/11/24 Off Market $1,400 -- --
10/28/2024 10/28/24 For Rent $1,400 -- --
Source: Northeast Iowa Regional Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $250,000 Title Services
Quit Claim Deed -- None Listed On Document
Warranty Deed $175,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $237,500 New Conventional
Source: Public Records

About the Listing Agent

Sarah Buchheit

Pella Real Estate Services

(319) 408-8855

Section Image

Licensed Broker in the State of Iowa. To provide honest, trustworthy service to assist you in your real estate needs. Sarah will work diligently and professionally to provide the service needed for you to gain the results you desire in today’s market. Whether you are searching for a home to live in; or interested in real estate as an investment…. Sarah looks forward to serving you!

Mother to three children and married to Mike: active in church and various volunteer opportunities in the

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Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20254851

Northeast Iowa Regional Board of REALTORS®

APN: 8914-24-101-003