Great investment in prime location on Main St in Cedar Falls. Fully rented duplex with strong rental history. Brand new roof, fresh paint and updates to the upper unit. Long term main floor tenant. Tenants pay all their own utilities. Gross rents for both units are $1700 a month. This property may also me purchased as part of a group of properties owned by the same LLC. Other properties are 1107-1113 Rainbow Dr Waterloo, 2404 Olive St Cedar Falls, 2415 Olive st Cedar Falls
For sale
$190,000
1316 Main St, Cedar Falls, IA 50613
--beds
--baths
1,872sqft
Est.:
Duplex
Built in 1900
-- sqft lot
$-- Zestimate®
$101/sqft
$-- HOA
What's special
Fresh paintBrand new roof
- 61 days
- on Zillow |
- 414 |
- 11 |
Zillow last checked: 7 hours ago
Listing updated: April 14, 2025 at 04:00am
Listed by:
Bond Shymansky 319-930-8441,
Skogman Realty
Source: Northeast Iowa Regional BOR,MLS#: 20251491

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Heating
- Forced Air, Natural Gas
Cooling
- Central Air, Electric
Appliances
- Laundry: 1st Floor, 2nd Floor
Features
- Basement: Block
Interior area
- Total structure area: 1,872
- Total interior livable area: 1,872 sqft
- Finished area above ground: 1,000
- Finished area below ground: 0
Property
Parking
- Total spaces: 4
- Parking features: Parking Space, None
- Uncovered spaces: 4
Features
- Levels: Two
Lot
- Size: 8,712 Square Feet
- Dimensions: 66x132
Details
- Parcel number: 891413204003
- Zoning: R-2
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Aluminum Siding
- Roof: Asphalt
Condition
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Paid by Individual, Elec Individual Meters, Gas Individual Meters, Water - Multiple Meters
Community & HOA
Location
- Region: Cedar Falls
Financial & listing details
- Price per square foot: $101/sqft
- Tax assessed value: $159,990
- Annual tax amount: $2,416
- Date on market: 4/9/2025
- Lease term: Over 9 Months
- Tenant pays: Electricity, Trash Collection, Gas, Heat, Grounds Care, Snow Removal, Water
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