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Two-Unit Duplex with Off-Street Parking

920 W 2nd Street, Cedar Falls, IA 50613

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For Sale

$250,000

MULTI_FAMILY - Cedar Falls, IA

Lot size:

0.20 Acres

HighLights

Duplex with two fully rented units, registered rental property
Main level unit: 4 bedrooms, 1 bathroom
Lower level unit: 2 bedrooms, 1 bathroom
Separate shared laundry/mechanical room in the lower level
Paved off‑street parking available
Utilities: public water and public sewer; central air and natural gas forced‑air heat

We can help!

Contact an agent

Jessica Schoof

For Sale

$250,000

MULTI_FAMILY - Cedar Falls, IA

Lot size:

0.20 Acres

Added:: May 19, 2026
Days on Market:: 52
Last Refresh:: Jul 9 at 2:06 am

Property Features for 920 W 2nd Street

General Information

Property type: Residential Multi Family
Property subtype: Other
Zoning: R-2
Bedrooms: 6
Rooms: Bedroom 6, Bedroom 2, Bedroom 3, Bedroom 1, Bedroom 4, Bedroom 5
Basement: Partially Finished
Standard status: Active
APN: 891411281002
Lot size: 0.20 Acres

Taxes and HOA fees

Tax Description: A MULLARKYS ADDITION LOT 8 BLK 5
Tax Annual Amount: 2985

Utilities

Sewer type: Public Sewer
Heating system: Forced Air, Natural Gas
Cooling system: Central Air
Water source: Public

Building Details

Year built: 1945
Floors in Building: 1
Number of units: 2
Building materials: Aluminum Siding
Roof type: Asphalt

We can help!

Contact an agent

Jessica Schoof

Listing agent Jessica Schoof License #S65897000

Listing office Structure Real Estate 201 Washington Street, Cedar Falls, IA

Listing date May 19, 2026

MLS# 20262179 Listing URL

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.

HighLights

Duplex with two fully rented units, registered rental property
Main level unit: 4 bedrooms, 1 bathroom
Lower level unit: 2 bedrooms, 1 bathroom
Separate shared laundry/mechanical room in the lower level
Paved off‑street parking available
Utilities: public water and public sewer; central air and natural gas forced‑air heat

Overview

This duplex is set up as two separate residential units with a total of two kitchens and two bathrooms. The main level unit offers 4 bedrooms and 1 bathroom. The lower level unit offers 2 bedrooms and 1 bathroom, along with a separate shared laundry/mechanical room located on the lower level. The property is described as a registered rental and is currently fully rented.

The duplex is located at 920 W 2nd Street in Cedar Falls, Iowa, on a 0.2-acre lot. Parking is provided via paved off-street spaces. The property is zoned R-2. Because the units are tenant-occupied, 24-hour or more notice is required for showings.

For buyers seeking a ready-to-own rental, the current fully rented status and registered rental profile may be an attractive fit. Owner-occupants should note that the main level unit is indicated as available in September, offering an option to live in one unit while the other remains tenant-occupied.

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

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Location Insight

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Local Demand

City: Cedar Falls
County: Black Hawk
State: Iowa
Longitude: -92.456783
Latitude: 42.536648

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For sale
Duplexes
IA
Cedar Falls
50613
920 W 2nd Street

What type of property is this?

Duplex - Duplex income property with two separate units and paved off-street parking in Cedar Falls.

Where is this duplex located?

The property is located at 920 W 2nd Street Cedar Falls, IA.

What is the asking price?

The asking price for this property is $250,000.

What are key features of this property?

This property features: Duplex with two fully rented units, registered rental property; Main level unit: 4 bedrooms, 1 bathroom; Lower level unit: 2 bedrooms, 1 bathroom

920 W 2nd Street, Cedar Falls, IA 50613

MULTI_FAMILY - Cedar Falls, IA

Property Features for 920 W 2nd Street

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Cedar Falls Office Building

Gold LEED Certified Office Campus

Cedar Falls Storage Facility

Three-Unit Apartment Building

Cedar Falls Commercial Condo

Four-Unit Residential Income Property

Fourplex Investment Property

Cedar Falls Commercial Flex Space

Turnkey Duplex Investment

Seven-Plex Apartment Building

Four-Unit Residential Income Property

Industrial Flex Space with Gym

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