Abiotic reduction of iron (oxyhydr)oxides by aqueous Fe(II) is one of the key processes affecting the Fe cycle in soil. Lepidocrocite (Lep) occurs naturally in anaerobic, clayey, non-calcareous soils in cooler and temperate regions; however, little is known about the impacts of co-precipitated humic acid (HA) on Fe(II)-induced Lep transformation and its consequences for heavy metal immobilization. In this study, the Fe(II)-induced phase transformation of Lep-HA coprecipitates was analyzed as a function of the C/Fe ratio, and its implications for subsequent Cd(II) concentration dynamic in dissolved and solid form was further investigated. The results revealed that secondary Fe(II)-bearing magnetite commonly formed during the Fe(II)-induced transformation of Lep, which further changed the mobility and distribution of Cd(II). The co-precipitated HA resulted in a decrease in the Fe solid phase transformation as the C/Fe ratios increased. Magnetite was found to be a secondary mineral in the 0.3C/Fe ratio Lep-HA co-precipitate, while only Lep was observed at a C/Fe ratio of 1.2 using X-ray diffraction (XRD) and Mossbauer spectroscopy. Based on XRD, scanning electron microscopy (SEM), Mossbauer, X-ray photoelectron spectroscopy (XPS), and Fourier transform infrared spectroscopy (FTIR) results, newly formed magnetite may immobilize Cd(II) through surface complexes, incorporation, or structural substitution. The presence of HA was beneficial for binding Cd(II) and affected the mineralogical transformation of Lep into magnetite, which further induced the distribution of Cd(II) into the newly formed secondary minerals. These results provide insights into the behavior of Cd(II) in response to reaction between humic matter and iron (oxyhydr)oxides in anaerobic environments.