8009 University Ave Cedar Falls, IA 50613
Estimated payment $2,021/month
Total Views
303
--
Bed
--
Bath
1,344
Sq Ft
$238
Price per Sq Ft
Highlights
- Central Air
- Southdale Elementary School Rated A-
- Garage
About This Home
Recently remodeled duplex in a prime Cedar Falls location, just a short walk to the University of Northern Iowa and the College Hill district. Situated on University Avenue for added convenience, this property offers strong rental income with a total of $3,000/month in current leases. Unit 1 features 4 bedrooms and 1 bath; Unit 2 offers 3 bedrooms and 1 bath. Both units include in-unit washer and dryer. Detached garage provides additional storage or parking. Updates throughout make this a turnkey investment opportunity in one of Cedar Falls’ most desirable rental areas.
Listing Agent
Berkshire Hathaway Home Services One Realty Centre License #S68688000 Listed on: 08/05/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,230
Year Built
- Built in 1952
Home Design
- Duplex
- Block Foundation
- Asphalt Roof
- Vinyl Siding
Parking
- Garage
- 4 Open Parking Spaces
Schools
- Lincoln Elementary Cf
- Holmes Junior High
- Cedar Falls High School
Additional Features
- Washer and Gas Dryer Hookup
- 0.36 Acre Lot
- Central Air
- Partially Finished Basement
Community Details
- 2 Units
Listing and Financial Details
- Assessor Parcel Number 891424101002
Map
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Home Values in the Area
Average Home Value in this Area
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 | $3,138 | $200,770 | $43,690 | $157,080 |
| 2023 | $3,380 | $200,770 | $43,690 | $157,080 |
| 2022 | $3,420 | $183,040 | $43,690 | $139,350 |
| 2021 | $2,918 | $183,040 | $43,690 | $139,350 |
| 2020 | $2,860 | $156,670 | $35,500 | $121,170 |
| 2019 | $2,860 | $156,670 | $35,500 | $121,170 |
| 2018 | $2,682 | $145,080 | $35,500 | $109,580 |
| 2017 | $2,740 | $145,080 | $35,500 | $109,580 |
| 2016 | $2,564 | $145,080 | $35,500 | $109,580 |
| 2015 | $2,564 | $145,080 | $35,500 | $109,580 |
| 2014 | $2,594 | $145,080 | $35,500 | $109,580 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/05/2025 08/05/25 | For Sale | $320,000 | 0.0% | $238 / Sq Ft |
| 05/05/2025 05/05/25 | Off Market | $1,700 | -- | -- |
| 03/10/2025 03/10/25 | Price Changed | $1,700 | -10.5% | $1 / Sq Ft |
| 02/10/2025 02/10/25 | Off Market | -- | -- | -- |
| 01/14/2025 01/14/25 | For Rent | -- | -- | -- |
| 01/14/2025 01/14/25 | For Rent | $1,900 | 0.0% | -- |
| 01/13/2025 01/13/25 | For Rent | $1,900 | 0.0% | -- |
| 08/18/2023 08/18/23 | Sold | $175,000 | 0.0% | $130 / Sq Ft |
| 07/14/2023 07/14/23 | Pending | -- | -- | -- |
| 07/12/2023 07/12/23 | For Sale | $175,000 | -- | $130 / Sq Ft |
Source: Northeast Iowa Regional Board of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $175,000 | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $140,000 | No Value Available |
Source: Public Records
Similar Homes in Cedar Falls, IA
Source: Northeast Iowa Regional Board of REALTORS®
MLS Number: NBR20253737
APN: 8914-24-101-002
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