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1622 Franklin Street, Cedar Falls, IA 50613

Black Hawk County

Key Facts

2,408Sq Ft
1875Year Built
0.20Lot (acres)
2Garage

Description

Investor special! This duplex features an upstairs and main-level unit, 2 stall garage with paved driveway, fenced-in yard and a new roof in 2023. The main-level unit is nicely updated and has 2 bedrooms and 1 bathroom with 2 spacious living areas. It is tenant-occupied and rented at $1100/mo. The upstairs unit is currently vacant and has 3 bedrooms and 1 bathroom. There is also shared coin-laundry in the entryway. This is a great investment opportunity; schedule your showing today!

Property Information

Property Type

Residential Income

Sub-Type

Duplex

Year Built

1875

Living Area

2,408 sq ft

Lot Size

0.20 acres

Lot Dimensions

66x132

Garage Spaces

2

Zoning

R-2

Days on Market

57

MLS® Listing#

20261328

Property Features

Cooling

Central Air

Heating

Forced AirNatural Gas

Basement

Interior Entry

Parking

GaragePavedDetached

Laundry

Main Level

Patio

Patio

Fencing

Fenced

Construction

Vinyl Siding

Roof

Asphalt

Sewer

Public Sewer

Water Source

Public

Schools

Elementary:
Lincoln Elementary CF
Middle:
Holmes Junior High
High:
Cedar Falls High

Financial Details

Annual Taxes

$2,637

Assessed Value

$180,050

Parcel Number

891413177006

Affordability Calculator

$32,000

Estimated monthly payment

$852/mo

Principal $128,000 · Est. interest $178,571 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Cedar Falls, IA

$303,315
Median Listing Price
74
Median Days on Market
1,658
Median Sq Ft
$162
Median Price / Sq Ft
411
Active Listings
  • This home’s price is 47% below the area median.
  • Its price per sq ft is 59% below the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Cedar Falls, IA.

Location

Map showing the location of 1622 Franklin Street, Cedar Falls, IA 50613

Points of Interest in Cedar Falls, IA

Showing the Cedar Falls area map.

Nearby Schools

  • Casa Montessori School

    Elementary · 0.5 mi away

  • Lincoln Elementary School

    Elementary · 0.6 mi away

  • St Patrick Catholic School

    School · 0.6 mi away

  • Price Laboratory School

    School · 0.7 mi away

  • Cedar Falls High School

    Secondary · 0.7 mi away

  • Peet Junior High School

    Secondary · 0.8 mi away

  • Cedar Falls Community School District

    School · 1.1 mi away

  • Hansen Elementary School

    Elementary · 1.2 mi away

  • Holmes Junior High School

    Secondary · 1.3 mi away

  • Southdale Elementary School

    Elementary · 1.4 mi away

  • Cedar Heights Elementary

    Elementary · 1.7 mi away

  • River Hills School

    School · 1.9 mi away

  • Orchard Hill Elementary School

    Elementary · 2.0 mi away

  • Valley Lutheran High School

    Secondary · 2.3 mi away

  • North Cedar Elementary School

    Elementary · 2.4 mi away

  • Aldrich Elementary Cedar Falls, Iowa

    Elementary · 2.5 mi away

  • Central Middle School

    Secondary · 3.2 mi away

  • Waterloo Community School Dist

    School · 3.2 mi away

  • Castle Hill School

    School · 3.3 mi away

  • Blessed Sacrament

    School · 3.5 mi away

Commute Calculator

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Nearby Homes

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Similar Home Values

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Moving Cost Estimate

EXIT Agents in Cedar Falls

Listing Courtesy: Structure Real Estate - 3192602016

Presented by: Jessica E Schoof

Based on information submitted to the MLS GRID as of 2026-04-03. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by neirbr. MLS® Listing#20261328. © 2026EXIT Realty®. All rights reserved.