123 E  3rd St #404, Cedar Falls, IA 50613
FOR SALE

123 E 3rd St #404
Cedar Falls, IA 50613

  • 2 Beds
  • 2 Baths
  • 1,310 sqft

$479,900

Est. Mortgage $3,363/mo*

$479,900

Est. Mortgage $3,363/mo*
2 Beds
2 Baths
1,310 sqft

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

Welcome to 123 E 3rd Street, Downtown Cedar Falls’ newest condo property. Designed for those who value quality, simplicity, and connection to the heart of the city. Whether you make it your full-time residence or a seasonal retreat, 123 E 3rd Street offers a vibrant, low-maintenance lifestyle surrounded by everything you love about downtown living. Each of the 18 residences features expansive windows, private glass-walled balconies, and generous storage. Buyers may choose from our curated Designer Packages or customize their interior finishes for a truly personal touch. Enjoy the best of downtown living with access to the city’s best restaurants, shops, and recreation. As part of the River Place neighborhood, owners will enjoy access to neighborhood amenities, including a rooftop deck located on-property, and a fitness center, a coworking space, and ample gathering spaces throughout the neighborhood. Plus, secure, heated private parking ensures effortless living year-round.

Home Highlights

Parking
1 Car Garage
Outdoor
No Info
A/C
Heating & Cooling
HOA
$300/Monthly
Price/Sqft
$366
Listed
112 days ago

Home Details for 123 E 3rd St #404

Interior Features

Interior Details
Basement: NoneNumber of Rooms: 3
Beds & Baths
Number of Bedrooms: 2Number of Bathrooms: 2Number of Bathrooms (full): 2
Dimensions and Layout
Living Area: 1310 Square Feet
Heating & Cooling
Heating: Forced AirHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
Fireplace: GasHas a Fireplace

Exterior Features

Exterior Home Features
Roof: Membrane Rubber
Parking & Garage
Number of Carport Spaces: 1Number of Covered Spaces: 1GarageHas an Attached GarageParking Spaces: 1Parking: 1 Stall,Attached Garage,Heated Garage
Frontage
Road Surface Type: Concrete
Water & Sewer
Sewer: Public Sewer

Days on Market

Cumulative Days on Market: 7Days on Market: 112

Property Information

Year Built
Year Built: 2026
Property Type / Style
Property Type: ResidentialProperty Subtype: Condominium
Building
Construction Materials: StoneNo Additional Parcels
Property Information
Parcel Number: TBD

Price & Status

Price
List Price: $479,900Price Per Sqft: $366

Active Status

MLS Status: ACTIVE

Location

Direction & Address
City: Cedar Falls
School Information
Elementary School: Lincoln Elementary CFJr High / Middle School: Holmes Junior HighHigh School: Cedar Falls High

Agent Information

Listing Agent
Listing ID: 20260509

Building

Building Details
Builder Name: Cardinal

HOA

Has an HOAHOA Fee: $300/Monthly

Lot Information

Lot Area: 0.38 acres

Listing Info

Special Conditions: Standard

Miscellaneous

Mls Number: 20260509
Last check for updates: about 17 hours ago
Listing courtesy of Victoria Lockard, (319) 504-4934
Lockard Realty Company
Source: Northeast Iowa Regional BOR as distributed by MLS GRID, MLS#20260509

Price History for 123 E 3rd St #404

DatePriceEventSource
02/06/2026$479,900Listed For SaleNortheast Iowa Regional BOR as distributed by MLS GRID #20260509

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Comparable Sales for 123 E 3rd St #404

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.08
Condo
$229,790
05/13/26
1
1
787
1.39
Condo
$232,500
05/08/26
2
2
1,397
1.41
Condo
$225,000
10/28/25
2
2
1,537
1.47
Condo
$180,000
08/22/25
2
2
1,224
1.47
Condo
$184,000
07/28/25
2
2
1,428
1.40
Condo
$255,000
09/17/25
3
3
2,472
1.44
Condo
$289,900
05/11/26
3
3
2,722
1.78
Condo
$310,000
11/14/25
3
2
2,075
1.96
Condo
$270,000
09/29/25
2
3
2,248
1.82
Condo
$380,000
10/27/25
3
3
2,024

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What Locals Say about Cedar Falls

At least 133 Trulia users voted on each feature.
  • 91 % Say car is needed

  • 88 % Say it's dog friendly

  • 82 % Say there are sidewalks

  • 80 % Say people would walk alone at night

  • 79 % Say yards are well-kept

  • 78 % Say there's holiday spirit

  • 77 % Say parking is easy

  • 69 % Say kids play outside

  • 66 % Say streets are well-lit

  • 66 % Say it's quiet

  • 54 % Say neighbors are friendly

  • 51 % Say there's wildlife

  • 43 % Say it's walkable to restaurants

  • 43 % Say they plan to stay for at least 5 years

  • 32 % Say it's walkable to grocery stores

  • 24 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Joe Tjaden
    "There are plenty of parks for the kids to play. The neighbours are friendly and helpful if needed. The city is clean and offer a lot of outdoor activities."
  • Tlwellman912
    "Retired. Moved to Cedar Falls to be near grandchildren. Nice area, plenty to do. It’s always hard moving to a new place. Our neighbors are very nice. "
  • Trulia User
    "I drive myself around in my car. Commute is quite good and this is so a very safe area to live in. Nice place to raise a family "
  • Krieger.mck
    "Good walking trails that lead to dog park. Lots of space to run in the yard. Neighbor dogs are friendly. "
  • Phil A.
    "No public park with swing sets near by. Also I wouldn’t have kids next to the river. The schools are likely best I the country try."
  • Mark
    "I live in the downtown, a very active and interesting area. We have a great number of friends and pets in our area."
  • Nolan P.
    "The neighborhood can be quiet at times, no counting the loud cars. It's kid friendly however people drive their cars very fast and can be reckless. "
  • Carol B. R.
    "Its quiet, and we don’t have too much traffic. There are plenty of walking trails available. It’s an open layout with plenty of yard space for room to roam and play. "
  • Carol B. R.
    "This neighborhood is close to a park and connects to multiple trails that are great for walking, running, and biking. "
  • Marvm28
    "You can drive to anything in Cedar Falls in 15 minutes or less. I have no experience with public transportation. "
  • Carol B. R.
    "We have neighborhood garage sales. It’s a great way to meet other neighbors and intermingle with people from nearby neighborhoods. We have a playground within walking distance and lots of trails close by. "
  • Molly S.
    "Great neighborhood for young families. Easy to get to restaurants and kid's events. Basic neighborhood. "
  • Andrea h.
    "It's safe, the community is friendly, lots of bike trails and parks, family friendly as well as being a college town with a happening night scene. Top notch schools, excellent locally run utilities/high speed wifi. The only downside is we're next to a couple college rental houses, our stuff has been stolen from your yard and noise wakes up my kids at night. Also high property taxes."
  • Krieger m.
    "It’s quiet and peaceful. There are restaurants nearby. It’s a great place to raise a family with kids and pets"
  • Lwd
    "A surprisingly walkable area of Cedar Falls. You can bike or even walk along Waterloo Ave/12th St. to get to downtown Cedar Falls. You can also easily get to UNI, Hartman Reserve and other areas by biking. The neighborhood is quiet and friendly."
  • ebony3cats
    "I live and work in this area. Park like settings. Most lots are approx. an acre in this section. Deer , fox, ducks, woodchucks, hawks, birds."
  • jkbkjk
    "Everybody is kind and lovely people in general. The town is quiet but not desolate, and has something for everyone."

LGBTQ Local Legal Protections

Victoria Lockard, Lockard Realty Company
Agent Phone: (319) 504-4934
IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.
Based on information submitted to the MLS GRID as of 2026-05-29 11:57:25 PDT. 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. Some IDX listings have been excluded from this website. Click here for more information
123 E 3rd St #404, Cedar Falls, IA 50613 is a 2 bedroom, 2 bathroom, 1,310 sqft condo built in 2026. This property is currently available for sale and was listed by Northeast Iowa Regional BOR as distributed by MLS GRID on Feb 6, 2026. The MLS # for this home is MLS# 20260509.