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Cedar Falls, IA Apartment Buildings for Sale

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6 properties
Seven-Plex Apartment Building
Updated: Jul 2
Seven-Plex Apartment Building

2416 Olive Street, Cedar Falls, IA 50613

$410,000
0.15 AC lot
7‑plex with three 1‑bedroom units, one studio, one 2‑bedroom, one 3‑bedroom, and one 4‑bedroom unit
All units are fully rented through May 2027
Appliances included in each unit, with laundry units included
Off‑street parking plus alley access in the back
Landlord pays utilities (except internet)
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Multifamily Apartment Building with Laundry
Updated: May 18
Multifamily Apartment Building with Laundry

2222 Walnut Street, Cedar Falls, IA 50613

$499,900
0.20 AC lot
5‑unit investment property with leases signed for all units
Two blocks from the College Hill area
Paved on‑site parking and coin‑operated laundry
Central air cooling and vinyl siding exterior
Public water and public sewer
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Cedar Falls Multifamily Investment Property
Cedar Falls Multifamily Investment Property

2115 Walnut Street, Cedar Falls, IA 50613

$419,000
0.30 AC lot

Six-unit rental property in Cedar Falls' college hill area.

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Recently Built Multifamily Apartment Community
Recently Built Multifamily Apartment Community

4526 Chadwick Rd, Cedar Falls, IA 50613

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Constructed in 2013, this multifamily community features three-story buildings with individually metered utilities and in-unit washer/dryer.

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Cedar Falls Multifamily Investment Property
Cedar Falls Multifamily Investment Property

810 W 25th Street, Cedar Falls, IA 50613

$419,000
0.13 AC lot

Six-unit apartment building near college with strong rental income.

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Cash-Flowing Multifamily Near Campus
Cash-Flowing Multifamily Near Campus

2221 Olive Street, Cedar Falls, IA 50613

$419,000
0.15 AC lot

Eight-unit multifamily property near campus with strong income potential.

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Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 6 Active listings in Cedar Falls, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

Mixed-Use Downtown Buildings
Mixed-Use Downtown Buildings

122 & 120 E Bremer Avenue, Waverly, IA 50677

$499,900
0.14 AC lot

Two adjacent historic buildings combine storefront units, basement space, and apartments, with additional vacant third-floor conversion potential.

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Waterloo 12-Unit Apartment Complex
Waterloo 12-Unit Apartment Complex

1110 DOREEN AVE, Waterloo, IA 50701

$745,000
10,773 sqft

Well-maintained 12-unit apartment complex in Waterloo, Iowa.

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Class A Apartment Community
Class A Apartment Community

426 16th Street NW, Waverly, IA 50677

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

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Mixed-Use Investment Opportunity
Mixed-Use Investment Opportunity

501 W 4th St, Waterloo, IA 50701

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7,552 sqft

Mixed-use property with office/retail spaces and residential units.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Retail-Zoned Development Land Opportunity
Retail-Zoned Development Land Opportunity

N West Bypass, Springfield, MO 65802

$2,850,000
29.20 AC lot

29.2-acre site with retail zoning and conditional overlay, approved for 352 apartments and multiple residential lot configurations.

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Commercial Buildable Land Parcel
Commercial Buildable Land Parcel

801 NW 36th Avenue, Norman, OK 73072

$250,000
0.74 AC lot

Buildable lot with approximately 370 feet of frontage on NW 36th Avenue and soil/engineering testing already completed.

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Buildable Lot for Luxury Condos
Buildable Lot for Luxury Condos

801 36th Ave NW, Norman, OK 73072

$285,000
0.74 AC lot

0.74 acre buildable lot zoned for low-density apartments.

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Asheville Development Opportunity: 5.94 Acres
Asheville Development Opportunity: 5.94 Acres

215 N Bear Creek Road, Asheville, NC 28806

$2,500,000
5.94 AC lot

5.94-acre parcel zoned RM6, ideal for multi-family development.

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Cedar Falls, IA Apartment Buildings Market Trends and Statistics

Explore 6 apartment buildings for sale in Cedar Falls, IA, showcased through 6 active listings on our real estate platform.

Sale prices for two-family homes in Cedar Falls, IA start at $410,000, averaging $433,380, and reaching up to $499,900 — 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 $439.2K

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

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