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Duplex with Covered Exterior
For Sale
$164,900

524 W 6th Street, Cedar Falls, IA 50613

MULTI_FAMILY - Cedar Falls, IA

Property SizeContact for details
Lot Size0.10 Acres
Days on Market246

Property Features for 524 W 6th Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning R-2
Bedrooms 4
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 1, Bedroom 1, Bedroom 2, Bathroom 2, Bedroom 3, Bathroom 3, Bedroom 4
Parking features On Street
Exterior features Covered
Basement Block
Elementary school Lincoln Elementary CF
Middle school Holmes Junior High
High school Cedar Falls High
Standard status Active
APN 891412312001
Lot size 0.10 Acres

Taxes and HOA fees

Tax Description HARTMAN AND SPEERS ADDITION 2 1/2 LOT 8 BLK 1
Tax Annual Amount 2280
Legal Description HARTMAN AND SPEERS ADDITION 2 1/2 LOT 8 BLK 1

Utilities

Sewer type Public Sewer
Heating system Forced Air, Natural Gas
Cooling system Window Unit(s)
Water source Public

Building Details

Year built 1870
Floors in Building 2
Number of units 2
Building materials Vinyl Siding
Roof type Asphalt
Listing Agency: RE/MAX Concepts - Cedar Falls · RE/MAX International
Listed By: Janice Hewitt
Added: Dec 9, 2025 Changed: Jul 31 Last Checked: Aug 12 at 2:06PM
MLS# 20255866

Copyright © 2026 Northeast Iowa Regional Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This duplex at 524 W 6th Street offers two separate units under a single roof. The lower unit is currently tenant-occupied and has access to the basement laundry area, where the washer and dryer are located. The upper unit is currently vacant. Sellers have added support poles in the basement.

The property sits on a 0.1-acre lot and was built in 1870. Exterior features include covered area, vinyl siding, and an asphalt roof. Heating is provided by forced air systems using natural gas, with window A/C units for cooling. Water service is public, and sewer is public sewer. Parking is available on street.

The current lease for the lower unit expires June 30, 2027. According to the unit configuration, the lower unit provides 2–3 bedrooms and 2 bathrooms, while the upper unit provides 2 bedrooms and 1 bathroom.

Key Highlights

  • 0.1‑acre lot in an R‑2 zoning district
  • Lower unit lease expires June 30, 2027
  • Lower unit: 2–3 bedrooms and 2 bathrooms with basement washer/dryer access

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick HVAC Service Grocery & Convenience Store (Bike/Boat/Book/etc) Store Big Box & Wholesale Store Locksmith Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

861
Businesses Nearby

Demographics for 50613, IA

43,667
Population
17,808
Households
2.5
Avg Household Size
32
Median Age
48%
College-Educated
97%
High-School Grad
127.6 sq mi
ZIP Area
342
Density / Sq Mi
$75,642
Median Household Income
$33,099
Median Earnings
$1,176
Median Rent
$258,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Duplex with covered exterior in an R-2 zoning district near Main St, with public water and sewer and on-street parking.
Where is this duplex located?
The property is located at 524 W 6th Street Cedar Falls, IA.
What is the asking price?
The asking price for this property is $164,900.
What are key features of this property?
This property features: 0.1‑acre lot in an R‑2 zoning district; Lower unit lease expires June 30, 2027; Lower unit: 2–3 bedrooms and 2 bathrooms with basement washer/dryer access
More about this property
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