Duplex with Updated South
For Sale
$70,000
407 Cedar, Charles City, IA 50616
The property carries R-2 zoning and includes one- and two-bedroom residential layouts.
Property Size1,492 SF
Price / SF$46.92
Days on Market20
Property Features for 407 Cedar
General Information
Standard status
Active
Size
1,492 SF
Property subtype
Multi-Family
Units
Unit Mix
1 x 1BR/1BA, 1 x 2BR/1BA
Multifamily Units
2
Building Details
Year Built
1910
Buildings
1
Listing Agency:
Parson Real Estate
(641) 220-3660
Listed By:
Connie Parson · License #B05882
Source:
Kwlegacyrealty
Added: Aug 12
Changed: Aug 30
Last Checked: Jul 17 at 3:21AM
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 Parson Real Estate
Investment Insights
Based on property information with market context.
Built in 1910, this two-unit residential property includes a one-bedroom, one-bathroom north unit and a two-bedroom, one-bathroom south unit. The north apartment is leased month to month, with a landlord-owned stove and refrigerator. The south apartment is vacant and includes a new furnace, updated breaker service, main-level laundry, new flooring, fresh paint, and work to the living room floor joists. A fire occurred in this unit in 2024.
The property is located at 407 Cedar in Charles City, Iowa, and carries R-2 zoning. The two apartments provide distinct layouts within the duplex, with one unit currently leased and the other available for occupancy. The south unit’s improvements include both mechanical and interior updates, while the north unit provides an existing one-bedroom configuration.
The property is located at 407 Cedar in Charles City, Iowa, and carries R-2 zoning. The two apartments provide distinct layouts within the duplex, with one unit currently leased and the other available for occupancy. The south unit’s improvements include both mechanical and interior updates, while the north unit provides an existing one-bedroom configuration.
Key Highlights
- Two‑unit duplex with one 1‑bedroom, 1‑bathroom unit and one 2‑bedroom, 1‑bathroom unit
- South unit is vacant and includes a new furnace, breaker service, flooring, and paint
- Main‑level laundry in the south unit
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
522
Businesses Nearby
Explore this area
Business Placement
Demographics for 50616, IA
10,009
Population
4,590
Households
2.2
Avg Household Size
43
Median Age
19%
College-Educated
95%
High-School Grad
176.2 sq mi
ZIP Area
57
Density / Sq Mi
$63,226
Median Household Income
$36,738
Median Earnings
$628
Median Rent
$135,000
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?
Duplex - The property carries R-2 zoning and includes one- and two-bedroom residential layouts.
Where is this duplex located?
The property is located at 407 Cedar Charles City, IA.
What is the asking price?
The asking price for this property is $70,000.
What are key features of this property?
This property features: Two‑unit duplex with one 1‑bedroom, 1‑bathroom unit and one 2‑bedroom, 1‑bathroom unit; South unit is vacant and includes a new furnace, breaker service, flooring, and paint; Main‑level laundry in the south unit
