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Updated Quadplex with Paved Parking
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1632 Waterloo Rd, Cedar Falls, IA 50613

Recently improved four-unit property with newly paved off-street parking and select interior upgrades.

Property SizeContact for details
Days on Market143

Property Features for 1632 Waterloo Rd

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Multifamily Units 4
Listing Agency: Vine Valley Real Estate
Listed By: Emsad Begic · License #Iowa - B56539000
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 11:29PM

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 Vine Valley Real Estate

Investment Insights

Based on property information with market context.

This four-unit quadplex includes newly paved off-street parking and a range of recent property improvements. Two units have new flooring, while several windows and doors have also been replaced, providing updated elements across the building.

The property is located near Downtown Cedar Falls at 1632 Waterloo Rd in Cedar Falls, Iowa. Its four-unit configuration and recent updates create a straightforward multifamily asset for an investor seeking an established residential income property with documented physical improvements.

Key Highlights

  • 4‑unit quadplex configuration
  • Newly paved off‑street parking
  • Two units feature new flooring

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Big Box & Wholesale Store Auto Parts Store Dental Office Storage Facility HVAC Service Garden Center

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

4
Residential units

Location Intelligence

Trade Area within ½ mile

350
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
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Frequently Asked Questions

What type of property is this?
Quadplex - Recently improved four-unit property with newly paved off-street parking and select interior upgrades.
Where is this quadplex located?
The property is located at 1632 Waterloo Rd Cedar Falls, IA.
What are key features of this property?
This property features: 4‑unit quadplex configuration; Newly paved off‑street parking; Two units feature new flooring
(319) 239-8663 Call to check price and availability
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