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603 Iowa Street

Cedar Falls, IA 50613
  • $230,000
  • STATUS: Active
  • ON SITE: 8 Days
  • MLS #: 20252557
UPDATED: 80 min ago
$230,000
  • 0
    BEDS
  • 0.11
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1917
County:

School Information

Elementary School:
Middle School:
High School:

Description

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 property offers two spacious units perfect for owner-occupants, investors, or multi-generational living. Upper Unit: 2 bright and airy bedrooms 1 full bathroom Comfortable living space with plenty of natural light Kitchen with functional layout Main Level Unit: 3 generously sized bedrooms 1 full bathroom Kitchen with great potential for updates Additional highlights include off-street parking, a shared backyard space, and a location that can't be beat. You're just a short walk from Main Street shops, restaurants, parks, and entertainment. Whether you're looking to live in one unit and rent the other, or add a strong performer to your investment portfolio, this duplex offers flexibility in a fantastic location! Schedule your showing today!

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Listings courtesy of Northeast Iowa Regional Board of REALTORS as distributed by MLS GRID. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MLS GRID or Vine Valley Real Estate. The use of the MLS GRID Data may be subject to an end user license agreement prescribed by Northeast Iowa Regional Board of REALTOR and may be amended from time to time. MLS Grid  logo Based on information submitted to the MLS GRID as of 2025-06-12T18:42:01.113 (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Click here for MLS GRID DMCA Notice
www.movewithvvre.com/homes/164488611
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603 Iowa Street Cedar Falls, IA 50613

  • Price: $230,000
  • Status: Active
  • On Site: 8 Days
  • Updated: 80 min ago
  • MLS #: 20252557
0
Beds
0
Baths
0
½ Baths
0.11
Acres
1917
Built
County:
Black Hawk
Elementary School:
Lincoln Elementary Cf
Middle School:
Holmes Junior High
High School:
Cedar Falls High
Property Description
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 property offers two spacious units perfect for owner-occupants, investors, or multi-generational living. Upper Unit: 2 bright and airy bedrooms 1 full bathroom Comfortable living space with plenty of natural light Kitchen with functional layout Main Level Unit: 3 generously sized bedrooms 1 full bathroom Kitchen with great potential for updates Additional highlights include off-street parking, a shared backyard space, and a location that can't be beat. You're just a short walk from Main Street shops, restaurants, parks, and entertainment. Whether you're looking to live in one unit and rent the other, or add a strong performer to your investment portfolio, this duplex offers flexibility in a fantastic location! Schedule your showing today!
Exterior Features

Construction Materials Aluminum Siding Lot Size Dimensions 66x75 Open Parking Spaces 4 Parking Features On StreetDetached Regular Irregular Reg Roof Asphalt Siding Aluminum

Interior Features

Above Grade Finished Area 1080 Basement Partially Finished Below Grade Finished Area 1080 Cooling Central Air Laundry Features Dryer Hookup-GasWasher Hookup Second Level Square Footage 1080 Third Level Square Footage 0 Total Square Footage 2160

Property Features

Electric Separate By Unit Yes Flood Plain C/X - Not in Flood Plain For Sale Rent For Sale Fuel Type Natural Gas Heat Separate By Unit Yes Lease Term Other Property Sub Type Duplex Sewer Public Sewer Special Listing Conditions Normal Sale Tax Annual Amount 3180 Tenant Pays ElectricityGarbage Pick-upGasHeatLawn CareSnow RemovalTrash CollectionWater Utilities Cable Paid by IndividualGarbage Pd by IndividualWater - Multiple Meters Water Separate By Unit Yes Water Sewer Expense 1 Water Source Public Zoning R-2



Listings courtesy of Northeast Iowa Regional Board of REALTORS as distributed by MLS GRID. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MLS GRID or Vine Valley Real Estate. The use of the MLS GRID Data may be subject to an end user license agreement prescribed by Northeast Iowa Regional Board of REALTOR and may be amended from time to time. MLS Grid  logo Based on information submitted to the MLS GRID as of 2025-06-12T18:42:01.113 (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Click here for MLS GRID DMCA Notice
 
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Vine Valley Real Estate
808 E. 18th St.
Cedar Falls IA, 50613