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Cedar Falls, IA Apartment Buildings for Sale

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Seven-Unit Apartment Building
Updated: Jul 2
Seven-Unit Apartment Building

2416 Olive Street, Cedar Falls, IA 50613

$410,000
0.15 AC lot
Seven units with three 1‑bedroom apartments, one studio, and 2-, 3-, and 4‑bedroom units
All units rented through May 2027
Appliances included in every unit; laundry equipment also provided
0.15‑acre parcel with off‑street parking and rear alley access
Landlord pays utilities except internet
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Six-Unit Apartment Building
Updated: Mar 9
Six-Unit Apartment Building

2115 Walnut Street, Cedar Falls, IA 50613

$419,000
0.30 AC lot
Six units: 4 two‑bedroom/one‑bath units and 2 one‑bedroom/one‑bath units
5 of 6 units currently rented
10 concrete parking spots off the alley
Coin‑operated laundry in the basement
0.3‑acre site in Cedar Falls, IA
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8-Unit Apartment Building
8-Unit Apartment Building

2221 Olive Street, Cedar Falls, IA 50613

$419,000
0.15 AC lot

R-M-zoned residential property near campus with a mix of one-bedroom and efficiency apartments.

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See what stands out in Black Hawk County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

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NOI available after sign in
Local Demand available after sign in
Six-Unit College Rental Apartment Building
Six-Unit College Rental Apartment Building

810 W 25th Street, Cedar Falls, IA 50613

$419,000
4,906 sqft

Six-unit rental building with unit sizes ranging from one-bedroom to four-bedroom layouts, built in 1920.

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Six-Unit Apartment Building
Six-Unit Apartment Building

810 W 25th Street, Cedar Falls, IA 50613

$419,000
0.13 AC lot

Apartment property with vinyl siding, asphalt roofing, public utilities, and on-street parking.

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10-Bedroom Apartment Building
10-Bedroom Apartment Building

Cedar Falls, IA 50613

$495,000
0.20 AC lot

R-3-zoned apartment property with public water and sewer, central air, and natural-gas heating.

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19-Unit Apartment Building with Covered Garage
19-Unit Apartment Building with Covered Garage

2609 Olive Street, Cedar Falls, IA 50613

Contact for pricing
36,220 sqft

Masonry construction includes in-unit laundry and separately metered utilities.

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23-Unit Apartment Property
23-Unit Apartment Property

1311 West 1st Street, Cedar Falls, IA 50613

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Two-building apartment property with a varied unit mix and renovations completed across multiple residences.

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Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 8 Active listings in Cedar Falls, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

48-Unit Apartment Community
48-Unit Apartment Community

765-791 Russell Road, Waterloo, IA 50701

$2,725,000
35,660 sqft

Two-story residential income property with surface parking and a varied one-, two-, and three-bedroom unit mix.

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Historic Mixed-Use Downtown Buildings
Historic Mixed-Use Downtown Buildings

122 & 120 E Bremer Avenue, Waverly, IA 50677

$440,000
0.14 AC lot

Two adjoining brick structures combine commercial suites with six upper-level apartments.

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Class A Apartment Community
Class A Apartment Community

426 16th Street NW, Waverly, IA 50677

Contact for pricing

Turnkey 15-unit Class A building with in-unit laundry and elevator service, maintained to institutional standards.

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Townhouse-Style Apartment Building
Townhouse-Style Apartment Building

1223-1237 W Mullan Ave, Waterloo, IA 50701

Contact for pricing

Eight attached residences share a practical two-bedroom, one-bathroom layout within a single community.

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Cedar Falls, IA Apartment Buildings Market Trends and Statistics

Explore 8 apartment buildings for sale in Cedar Falls, IA, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 41,126 square feet of properties for sale, with an estimated market value of $2,581,000.

Sale prices for two-family homes in Cedar Falls, IA start at $410,000, averaging $430,166, and reaching up to $495,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 44K
Population Growth (5Y) -1.1%
Median Household Income $75,642
College Educated 34.6%

High-Yield Neighborhoods for Investment

Identify Cedar Falls submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
50613 $440.1K

Taxes & Financing

Tax Rate (average for all types) 2.73%
Property Tax per SF $28.35 per SF
Tax Rate vs County Average 0.36 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Black Hawk County

New Delisted

Total CRE Inventory on Market (SF)

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