706 W 12th St, Cedar Falls, IA, 50613
About This Home
4-plex investment opportunity awaits! 3 of 4 units currently leased, 4th unit lease to begin in May. All units are 1 bed 1 bath with refrigerator and stove. Unit 1-$850/mo beginning in May. Unit 2-$775/mo. Unit 3-$750/mo. Unit 4-$750/mo. Owner pays gas, water, lawn care & snow removal. Proactive maintenance has been kept up on property since seller has owned, including: paint, plumbing, flooring, kitchen, bath. New siding/window casings in 2024! Individual electric meters.
Getting Around
Car-Dependent
Minimal Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1900
Materials
- Roof: Asphalt
- Construction materials: Vinyl Siding
Type & Style
- Home type: MultiFamily
- Property subType: Quadruplex
Interior
Appliances
- Laundry features: None
Basement
- Has basement: Yes
- Basement: Stone/Rock
Bedrooms & Bathrooms
- Bathrooms: 4
Features
- Finished area below ground: 794
- Finished area above ground: 1,049
Heating & Cooling
- Heating features: Forced Air,Natural Gas
- Cooling features: Window Unit(s)
Interior Area
- Total structure area: 2,071
- Total interior livable area: 2,071 sqft
Property
Details
- Parcel number: 891413101008
- Zoning: R-M
- Special condition: Standard
Features
- Levels: Two
Lot
- Lot size: 10,454 sqft
- Lot size dimensions: 78x132
Parking
- Total spaces: 4
- Parking features: Garage,Parking Space,Paved,Detached
- Has uncovered spaces: Yes
- Uncovered spaces: 4
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Strong Wind
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Iowa Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,365 | $16,380 |
| Home Insurance * | $174 | $2,088 |
| Property Taxes | $261 | $3,132 |
| Electricity | $154 | $1,853 |
| Total | $1,954 | $23,448 |
Income You'd Need if You Spent...
Iowa FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-30 | Price change | $270,000 |
| 2026-03-30 | Listed for sale | $280,000 |
| 2023-01-27 | Sold | $230,000 |
| 2022-12-28 | Pending sale | $249,000 |
| 2022-11-04 | Listed for sale | $249,000 |
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