If you are looking for your next investment opportunity, then look no further. Check out this 4 unit complex just off of main street in Cedar Falls. This property features (3) one bedroom units, and (1) two bedroom unit. The many updates include new paint, new flooring, a newly added laundry room in the basement, and many more. Schedule your showing today to see this great complex!
For sale
Price cut: $6.5K (6/27)
$288,000
321 Clay St, Cedar Falls, IA 50613
--beds
--baths
2,954sqft
Est.:
Quadruplex
Built in 1880
-- sqft lot
$279,600 Zestimate®
$97/sqft
$-- HOA
What's special
Off of main streetNew flooringNew paint
- 199 days
- on Zillow |
- 210 |
- 9 |
Zillow last checked: 7 hours ago
Listing updated: July 02, 2025 at 04:01am
Listed by:
Tyler Bice 612-263-0217,
Structure Real Estate
Source: Northeast Iowa Regional BOR,MLS#: 20250501

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Cooling
- Window Unit(s)
Appliances
- Laundry: 1st Floor
Features
- Basement: Partially Finished
Interior area
- Total structure area: 2,954
- Total interior livable area: 2,954 sqft
- Finished area above ground: 1,412
- Finished area below ground: 1,412
Property
Parking
- Total spaces: 1
- Parking features: Garage, On Street, Attached
- Uncovered spaces: 1
Lot
- Size: 5,478 Square Feet
- Dimensions: 66 x 83
Details
- Parcel number: 891412186006
- Zoning: C-1
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Vinyl Siding
- Roof: Asphalt
Condition
- Year built: 1880
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Other
Community & HOA
Location
- Region: Cedar Falls
Financial & listing details
- Price per square foot: $97/sqft
- Tax assessed value: $228,890
- Annual tax amount: $4,502
- Date on market: 2/6/2025
- Lease term: Over 9 Months
- Tenant pays: Trash Collection, Gas, Heat, Water
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