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Duplex with Basement Laundry
For Sale
$164,900

524 W 6th Street, Cedar Falls, IA 50613

Residential Income, Cedar Falls, IA

Property SizeContact for details
Lot Size0.10 Acres
Days on Market267

Property Features for 524 W 6th Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning R-2
Bedrooms 4
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 1, Bathroom 2, Bathroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bathroom 3
Parking features On Street
Exterior features Covered
Basement Block
Elementary school Lincoln Elementary CF
Middle school Holmes Junior High
High school Cedar Falls High
Standard status Active
APN 891412312001
Lot size 0.10 Acres

Taxes and HOA fees

Tax Description HARTMAN AND SPEERS ADDITION 2 1/2 LOT 8 BLK 1
Tax Annual Amount 2280
Legal Description HARTMAN AND SPEERS ADDITION 2 1/2 LOT 8 BLK 1

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Forced Air
Cooling system Window Unit(s)
Water source Public

Amenities

washer/dryer in basement

Building Details

Year built 1870
Floors in Building 2
Number of units 2
Building materials Vinyl Siding
Roof type Asphalt
Listing Agency: RE/MAX Concepts - Cedar Falls · RE/MAX International
Listed By: Janice Hewitt
Added: Dec 9, 2025 Changed: Aug 26 Last Checked: Sep 2 at 8:06AM
MLS# 20255866

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 duplex contains separate upper and lower residences on a 0.1-acre lot. The lower unit offers a 2-3 bedroom layout with 2 baths, while the upper unit includes 2 bedrooms and 1 bath. The lower residence has basement access to the washer and dryer, and support poles have been installed in the basement.

The property was built in 1870 and features vinyl siding, an asphalt roof, natural-gas forced-air heat, and window-unit cooling. Public water and public sewer serve the property, with on-street parking available. R-2 zoning applies, and the building is located blocks from Main St. in Cedar Falls. The lower unit is leased through June 30, 2027; the upper unit is vacant.

Key Highlights

  • Two‑unit duplex on a 0.1‑acre lot
  • Lower unit has a 2‑3 bedroom, 2‑bath configuration
  • Upper unit includes 2 bedrooms and 1 bath and is currently vacant

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick HVAC Service Grocery & Convenience Store (Bike/Boat/Book/etc) Store Big Box & Wholesale Store Locksmith Storage Facility

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

896
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?
Duplex - R-2-zoned property with distinct upper and lower residences near Main St. in Cedar Falls.
Where is this duplex located?
The property is located at 524 W 6th Street Cedar Falls, IA.
What is the asking price?
The asking price for this property is $164,900.
What are key features of this property?
This property features: Two‑unit duplex on a 0.1‑acre lot; Lower unit has a 2‑3 bedroom, 2‑bath configuration; Upper unit includes 2 bedrooms and 1 bath and is currently vacant
More about this property
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