Two-Story Multifamily
For Sale
Contact for pricing
1115 W 23rd St, Cedar Falls, IA 50613
Residential building with shared gathering areas, upper-level living quarters, a kitchenette, and on-site parking.
Property SizeContact for details
Days on Market143
Property Features for 1115 W 23rd St
General Information
Standard status
Active
Total Parking Spaces
27
Property subtype
Multifamily
Amenities
library
rec room
breakfast area
common lounge
kitchenette
Building Details
Buildings
1
Stories
2
Listing Agency:
Miehe Commercial Real Estate
(319) 269-6222
Listed By:
Matt Miehe · License #B58183000
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 29 at 4:13PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Miehe Commercial Real Estate
Investment Insights
Based on property information with market context.
This two-story multifamily property includes a walk-out lower level and a current configuration as a 24-room, 48-allowable-resident fraternity house. The main floor provides a library, recreation room, breakfast area, and additional common space. The upper floor contains 22 living quarters, a kitchenette, and a shared lounge. On-site parking accommodates 27 vehicles.
The property is within walking distance of the University of Northern Iowa campus, College Hill, UNI-Dome, and McLeod Center. The existing layout is identified as suitable for potential conversion to traditional multifamily housing, religious use, or campus-related service uses.
The property is within walking distance of the University of Northern Iowa campus, College Hill, UNI-Dome, and McLeod Center. The existing layout is identified as suitable for potential conversion to traditional multifamily housing, religious use, or campus-related service uses.
Key Highlights
- 24‑room configuration with 48 allowable residents
- Two‑story building with walk‑out lower level
- 22 upper‑level living quarters, kitchenette, and common lounge
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
424
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Multifamily property - Residential building with shared gathering areas, upper-level living quarters, a kitchenette, and on-site parking.
Where is this multifamily property located?
The property is located at 1115 W 23rd St Cedar Falls, IA.
What are key features of this property?
This property features: 24‑room configuration with 48 allowable residents; Two‑story building with walk‑out lower level; 22 upper‑level living quarters, kitchenette, and common lounge
