Cedar River Multifamily Home for Sale

Cedar River in Waterloo is a historic neighborhood along the Cedar River, originally developed with summer cottages in the 1890s. The area features Victorian-style homes, American Foursquares, and Craftsman bungalows, many of which are primed for restoration. The neighborhood is predominantly residential, with narrow sidewalks and grassy lawns, and is a half mile from downtown Waterloo, which has seen significant private investment over the past decade. Downtown’s 4th Street offers popular dining and nightlife options, including the Screaming Eagle bar and grill, Morg’s retro diner, and Newton’s Paradise Cafe. Cedar River itself has La Michoacana for Mexican cuisine and a market. Despite limited parkland, Lafayette Park and Lincoln Park provide recreational spaces, and the Cedar Valley Lakes Trail offers a 16-mile path for walking and cycling. Housing in Cedar River often requires investment, attracting young professionals and investors. The area faces housing insecurity, addressed by local organizations like Cedar Valley Hospitality House and Catholic Worker. Educational opportunities are supported by the University of Northern Iowa’s Center for Urban Education. The neighborhood is connected to downtown amenities and attractions via sidewalks and the 6th Street bridge, with bus routes 4, 5L, and 5W11 serving the area.