6-unit rental property in great college hill area location. (4) 2 bed/1 bath units and (2) 1 bed/1 bath units. $4245/ mo current rent with 5 of the 6 units rented. Market Rent at full occupancy is $5095/mo. Coin operated laundry on site in basement. 10 concrete parking spots off the alley.
For sale
Price cut: $20K (6/1)
$419,000
2115 Walnut St, Cedar Falls, IA 50613
--beds
--baths
4,760sqft
Apartment
Built in 1900
-- sqft lot
$-- Zestimate®
$88/sqft
$-- HOA
What's special
- 110 days |
- 95 |
- 1 |
Zillow last checked:
Listing updated:
Listed by:
Brian Wingert 319-404-4884,
Structure Real Estate
Source: Northeast Iowa Regional BOR as distributed by MLS GRID,MLS#: 20260926
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Facts & features
Interior
Cooling
- None
Appliances
- Laundry: Lower Level
Features
- Basement: Exterior Entry
Interior area
- Total structure area: 4,760
- Total interior livable area: 4,760 sqft
- Finished area above ground: 2,470
- Finished area below ground: 2,470
Property
Parking
- Total spaces: 10
- Parking features: On Street, None
- Uncovered spaces: 10
Lot
- Size: 0.3 Acres
- Dimensions: 99x132
Details
- Parcel number: 891413306004
- Zoning: R-M
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Apartment
Materials
- Aluminum Siding
- Roof: Rubber
Condition
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Paid by Individual, Elec Individual Meters, Garbage Pd by Individual, Gas Individual Meters, Water - Multiple Meters
Community & HOA
Location
- Region: Cedar Falls
Financial & listing details
- Price per square foot: $88/sqft
- Tax assessed value: $391,510
- Annual tax amount: $5,210
- Date on market: 3/9/2026
- Cumulative days on market: 111 days
- Lease term: Over 9 Months
- Tenant pays: Electricity, Trash Collection, Gas, Heat, Water
Estimated market value
Not available
Estimated sales range
Not available
$849/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/1/2026 | Price change | $419,000-4.6%$88/sqft |
Source:  Northeast Iowa Regional BOR as distributed by MLS GRID #20260926 Report a problem | ||
| 3/9/2026 | Listed for sale | $439,000+43%$92/sqft |
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20260926 Report a problem | ||
| 10/15/2025 | Listing removed | $900 |
Source: Zillow Rentals Report a problem | ||
| 9/9/2025 | Listed for rent | $900 |
Source: Zillow Rentals Report a problem | ||
| 12/28/2010 | Sold | $307,000$64/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,210 +2.9% | $391,510 +20.9% |
| 2024 | $5,062 -3.2% | $323,780 |
| 2023 | $5,232 -16.1% | $323,780 +14.2% |
| 2022 | $6,236 +9.6% | $283,400 |
| 2021 | $5,687 -5.6% | $283,400 +11% |
| 2020 | $6,027 +0.5% | $255,250 +29.5% |
| 2019 | $6,000 -6.7% | $197,040 +5% |
| 2018 | $6,433 0% | $187,660 |
| 2017 | $6,434 -4.5% | $187,660 |
| 2016 | $6,736 | $187,660 |
| 2015 | $6,736 -10.1% | $187,660 -23.7% |
| 2014 | $7,492 -8.1% | $245,870 |
| 2012 | $8,153 -8.3% | $245,870 |
| 2011 | $8,895 -1.9% | $245,870 -4.6% |
| 2010 | $9,069 +1.2% | $257,610 |
| 2009 | $8,964 -1.7% | $257,610 |
| 2008 | $9,115 +8.6% | $257,610 +8.4% |
| 2007 | $8,394 +0.1% | $237,550 |
| 2006 | $8,386 +29.7% | $237,550 |
| 2005 | $6,468 +15.5% | $237,550 +56.5% |
| 2003 | $5,601 +3.7% | $151,790 |
| 2002 | $5,402 -6.6% | $151,790 |
| 2001 | $5,781 | $151,790 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 50613
Getting around
31 / 100
Some TransitNearby schools
GreatSchools rating
- 7/10Lincoln Elementary SchoolGrades: PK-6Distance: 1 mi
- 9/10Holmes Junior High SchoolGrades: 7-9Distance: 1.4 mi
- 7/10Cedar Falls High SchoolGrades: 10-12Distance: 1.2 mi
Schools provided by the listing agent
- Elementary: Lincoln Elementary CF
- Middle: Holmes Junior High
- High: Cedar Falls High
Source: Northeast Iowa Regional BOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Iowa
- Black Hawk County
- Cedar Falls
- 50613
- 2115 Walnut St
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