4-Unit Quadplex with
New
For Sale
$270,000
706 W 12th Street, Cedar Falls, IA 50613
Residential Income, Cedar Falls, IA
Property SizeContact for details
Lot Size0.24 Acres
Days on Market2
Property Features for 706 W 12th Street
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Zoning
R-M
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 2, Bathroom 1, Bathroom 4, Bathroom 3
Parking features
Garage
Elementary school
Lincoln Elementary CF
Middle school
Holmes Junior High
High school
Cedar Falls High
Standard status
Active
APN
891413101008
Lot size
0.24 Acres
Taxes and HOA fees
Tax Description
PACIFIC ADDITION LOT 144
Tax Annual Amount
2945
Legal Description
PACIFIC ADDITION LOT 144
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Cooling system
Window Unit(s)
Water source
Public
Building Details
Year built
1900
Floors in Building
2
Number of units
4
Building materials
Vinyl Siding
Roof type
Asphalt
Listing Agency:
Oakridge Real Estate
(319) 277-5005
Listed By:
David Woods
(319) 242-2720
Added: Oct 6
Last Checked: Oct 6 at 11:06PM
MLS# 20264852
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 four-unit property contains four one-bedroom, one-bathroom residences. Each unit has a refrigerator and stove, and the building includes a garage. The property was built in 1900 and sits on a 0.24-acre lot.
Updates during the current owner’s tenure have included work to the paint, plumbing, flooring, kitchens, and bathrooms. Vinyl siding and window casings were added in 2024. Individual electric meters serve the units; the owner covers gas, water, lawn care, and snow removal. Heating is forced air with natural gas, and cooling is provided by window units. The property is zoned R-M and has public water and sewer.
Updates during the current owner’s tenure have included work to the paint, plumbing, flooring, kitchens, and bathrooms. Vinyl siding and window casings were added in 2024. Individual electric meters serve the units; the owner covers gas, water, lawn care, and snow removal. Heating is forced air with natural gas, and cooling is provided by window units. The property is zoned R-M and has public water and sewer.
Key Highlights
- Four one‑bedroom, one‑bathroom units
- Refrigerator and stove in each unit
- Garage parking
Property Analytics
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Current Use
Lease Details
4
Residential units
75%
Occupancy
Location Intelligence
Trade Area within ½ mile
690
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
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Quadplex - Each residence has one bedroom, one bathroom, and a refrigerator and stove.
Where is this quadplex located?
The property is located at 706 W 12th Street Cedar Falls, IA.
What is the asking price?
The asking price for this property is $270,000.
What are key features of this property?
This property features: Four one‑bedroom, one‑bathroom units; Refrigerator and stove in each unit; Garage parking
