$199,900

915 Clay Street, Cedar Falls, IA 50613

  • 5 beds |
  • 2 baths |
  • 1,082 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1918
  • Property Lot Size Icon8,712sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $185/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

This spacious 5-bedroom, 2-bathroom home with a 2-stall garage is full of historic charm and incredible potential—whether you’re looking for a high-yielding investment property or a timeless single-family home to make your own. The main floor features a large living room with brick fireplace, a cozy sitting room, formal dining room, a full bathroom with clawfoot tub, and a massive retro kitchen outfitted with stylish cabinetry and a vintage farmhouse sink with double drainboards. A newly constructed room on the main level offers flexibility as a 5th bedroom or a perfect home office. Upstairs, the grand staircase with original spindles and newel post leads to a spacious loft, four generously sized bedrooms with oversized closets, and a second full bathroom with tub/shower combo. You’ll also find access to a large walk-up attic full of potential. The lower level includes laundry, abundant storage, a radon mitigation system, new water heater, and updated plumbing. Outside, enjoy a fenced yard, ample paved parking, and a remodeled garage (2025) featuring new framing, insulation, windows, electrical, garage doors, and openers. Additional highlights: gorgeous hardwood floors throughout (some preserved under carpet), original built-ins, detailed woodwork and trim, crown molding, and separated utilities between floors, both central A/C units have been updated and the property meets Cedar Falls rental code with nearly double the required paved parking. This home offers so many possibilities: Keep it as a spacious 5-bed, 2-bath investment property with strong returns. Convert it back to an up/down duplex. Restore it to a single-family showpiece (may qualify for a $10,000 forgivable city loan for exterior improvements) A rare opportunity to own a piece of history with charm, character, and flexibility—don’t miss out!

Listing Status:
Pending
Listing Office:
Berkshire Hathaway Home Services One Realty Centre : 319-277-1077
Listing Agent:
Danielle Morris :
MLS ID:
20251455

This listing courtesy of Danielle Morris, Berkshire Hathaway Home Services One Realty Centre

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

L

Lincoln Elementary School

321 W 8th St, Cedar Falls, IA, 50613

Grades PK-6

0.14 miles away

H

Holmes Junior High School

505 Holmes Dr, Cedar Falls, IA, 50613

Grades 7-9

1.17 miles away

C

Cedar Falls High School

1015 Division St, Cedar Falls, IA, 50613

Grades 10-12

0.65 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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