2007 College St, Cedar Falls, IA 50613
For Sale
1 / 10
This beautifully renovated four-plex presents a turnkey investment opportunity in the desirable Cedar Falls, Iowa market. Located at 2007 College Street, this property boasts a prime location near the University of Northern Iowa (UNI), offering easy access to dining, entertainment, and a strong tenant pool. Recent, extensive renovations have transformed this property, ensuring long-term value and tenant satisfaction. Each unit features spacious kitchens equipped with luxurious countertops, stainless steel appliances, and brand new cabinetry. Residents will appreciate the nicely sized bedrooms, new flooring, fresh paint throughout, and abundant natural light. Building-wide upgrades include a new roof, new siding, a paved parking lot, and newly carpeted shared hallways. The property is ready for immediate occupancy and offers strong potential for rental income and long-term growth. This is an exceptional opportunity for investors seeking a well-maintained, high-demand property in a thriving Iowa community. The property is zoned for commercial and manufacturing use, offering flexibility for future development. The asking price is $319,000. The property is located in Black Hawk County, Iowa, zip code 50613.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.