2723 Terrace Drive, Cedar Falls, 50613

Multi-Unit - Five or More Units For Sale


MLS® #: 20184702

Great Multi-family Opportunity with adjacent building lot. This 8plex has (8) 1 bedroom units with on site laundry facility. All units in great shape. Some have been recently renovated. New roof in October of 17. Off-street parking with 4 garage stalls. Adjacent building lot is available (not included) and zoned R-4 for multi-unit building. Current NOI $48,500. Seller subordinate financing available.

Essential Information

MLS® #: 20184702
Price: $625,000
Bathrooms: 0.00
Square Footage: 6,890
Acres: 0.00
Year Built: 1978
Type: Multi-Unit
Sub-Type: Five or More Units
Status: Active

Community Information

Address: 2723 Terrace Drive
Area: Black Hawk
City: Cedar Falls
State: IA
Zip Code: 50613


Parking Spaces: 12
Parking: Garage, Parking Area, Paved
# of Garages: 4
Garages: Detached


Cooling: Wall Unit


Exterior: Brick
Roof: Asphalt

School Information

Elementary: Cedar Heights Elementary
Middle: Peet Junior High
High: Cedar Falls High

Additional Information

Zoning: R-4

Listing Details

Listing Agent: Brian Wingert
Listing Office: Structure Real Estate


$/SqFt: $91

IDX Data comes from Northeast Iowa Regional Board of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.

Listing information last updated on March 21st, 2019 at 8:52am CDT.