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    924 Elmridge Dr Cedar Falls, IA 50613

    For Sale
    $580,000

    MULTI_FAMILY - Cedar Falls, IA

    Lot size:
    0.27 Acres
    Days on Market:
    67
    Last Refresh:
    Dec 5 at 11:06 am

    Property Features for 924 Elmridge Dr

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    R-2
    Rooms
    Bathroom 4, Bedroom 3, Bedroom 6, Bathroom 3, Bedroom 4, Bedroom 1, Bedroom 2, Bedroom 5, Bathroom 1, Bathroom 5, Bathroom 2
    Bedrooms
    6
    APN
    891319302023
    Parking features
    Garage
    Exterior features
    Enclosed
    Fencing
    Privacy, Fenced
    Basement
    Walk-Out Access, Partially Finished
    Lot size
    0.27 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Geothermal (Heating), Electric (Heating)
    Cooling system
    Central Air, Ceiling Fan(s), Zoned, Geothermal, Electric
    Water source
    Public

    Building Details

    Year built
    2006
    Floors in Building
    1
    Number of units
    2
    Building materials
    Stone, Vinyl Siding
    Roof type
    Asphalt

    Oakridge Real Estate (319) 277-5005 [email protected]

    Listing agent Bryn Mangrich (319) 239-7815

    Listing date Sep 30, 2025

    MLS# 20253462 Listing URL

    Copyright © 2025 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.

    Overview

    Cedar Falls Duplex Opportunity

    This duplex, custom built in 2006, offers an opportunity for owner-occupancy with an income-producing rental. Located at 924 Elmridge Dr. and 3814 Eastpark Rd. in Cedar Falls, Iowa, the property is available for purchase as a single unit. The residence at 924 Elmridge Drive features exterior stone work over a concrete frame. Inside, the great room includes an expansive living room, an open oak kitchen with an island, a dining area, and space for entertaining. The main floor includes a laundry room and drop zone located off the attached garage, which can accommodate 4-5 vehicles and a workbench. The main level has 2 bedrooms, a primary bath, and a guest bath. The lower level features a family room, an additional bedroom and bath, and access to an enclosed screened-in porch overlooking the private backyard. Additional space is available to finish in the lower level. The property at 3814 Eastpark has been cared for by tenants. It features 3 bedrooms, 1.75 bathrooms, an open great room design, a 2-stall attached garage, a finished family room, and laundry. It is currently rented for $1500 per month through July 30th, 2026. The property includes an all-electric system, an irrigation system, and separate utilities. Heating and cooling are provided by a ground source heat pump, with radiant floor heat in 924 Elmridge Dr., including the garage. The lot size is 0.27 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cedar Falls
    County
    Black Hawk
    State
    Iowa
    Longitude
    -92.434869
    Latitude
    42.503639

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    FAQs

    What type of property is this?
    Duplex - Custom-built duplex with income potential and comfortable living.
    Where is this duplex located?
    The property is located at 924 Elmridge Dr Cedar Falls, IA.
    What is the asking price?
    The asking price for this property is $580,000.
    What are key features of this property?
    This property features: - Income-producing duplex: Live in one unit (924 Elmridge Dr.) and rent out the other (3814 Eastpark Rd.) for $1500/month through July 2026.; - 924 Elmridge Dr. features a ground source heat pump for heating/cooling and radiant floor heat (including garage), plus a screened-in porch and private backyard.; - Spacious 4-5 car attached garage with workbench space at 924 Elmridge Dr.
    (319) 239-7815
    Request Owner's contact information
    924 Elmridge Dr Cedar Falls, IA 50613
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    924 Elmridge Dr Cedar Falls, IA 50613
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