Quadplex with Updated
For Sale
$270,000
706 W 12th Street, Cedar Falls, IA 50613
Residential Income, Cedar Falls, IA
Property SizeContact for details
Lot Size0.24 Acres
Days on Market64
Property Features for 706 W 12th Street
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Zoning
R-M
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 4, Bathroom 2, Bathroom 1, Bathroom 3
Parking features
Garage
Elementary school
Lincoln Elementary CF
Middle school
Holmes Junior High
High school
Cedar Falls High
Standard status
Active
APN
891413101008
Lot size
0.24 Acres
Taxes and HOA fees
Tax Description
PACIFIC ADDITION LOT 144
Tax Annual Amount
2945
Legal Description
PACIFIC ADDITION LOT 144
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air
Cooling system
Window Unit(s)
Water source
Public
Building Details
Year built
1900
Floors in Building
2
Number of units
4
Building materials
Vinyl Siding
Roof type
Asphalt
Listing Agency:
Oakridge Real Estate
(319) 277-5005
Listed By:
Dave Woods
(319) 242-2720
Added: Jul 1
Changed: Aug 19
Last Checked: Sep 2 at 2:06AM
MLS# 20262963
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 four-unit residential income property includes four one-bedroom, one-bath apartments, each equipped with a refrigerator and stove. The building has vinyl siding, an asphalt roof, natural-gas forced-air heat, window-unit cooling, and garage parking. Improvements completed during the current ownership include work to the paint, plumbing, flooring, kitchens, and bathrooms, along with new siding and window casings in 2024. Individual electric meters serve the units.
Located at 706 W 12th Street in Cedar Falls, Iowa, the property sits on a 0.24-acre lot and carries R-M zoning. Public water and public sewer serve the building. Three of the four units are currently leased, with the remaining lease scheduled to begin in May. The owner pays gas, water, lawn care, and snow removal.
Located at 706 W 12th Street in Cedar Falls, Iowa, the property sits on a 0.24-acre lot and carries R-M zoning. Public water and public sewer serve the building. Three of the four units are currently leased, with the remaining lease scheduled to begin in May. The owner pays gas, water, lawn care, and snow removal.
Key Highlights
- Four 1‑bed, 1‑bath units with refrigerators and stoves
- 3 of 4 units currently leased; 4th unit lease to begin in May
- New siding and window casings completed in 2024
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
75%
Occupancy
Location Intelligence
Trade Area within ½ mile
690
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Four one-bedroom apartments feature individual electric meters, refrigerators, and stoves.
Where is this quadplex located?
The property is located at 706 W 12th Street Cedar Falls, IA.
What is the asking price?
The asking price for this property is $270,000.
What are key features of this property?
This property features: Four 1‑bed, 1‑bath units with refrigerators and stoves; 3 of 4 units currently leased; 4th unit lease to begin in May; New siding and window casings completed in 2024
