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Off market
  • Tax assessed value
    $300,220

    2303 Olive St, Cedar Falls, IA 50613

    --beds
    0baths
    2,642sqft
    MultiFamily
    Built in 1920
    -- sqft lot
    $-- Zestimate®
    $114/sqft
    $1,115 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $1,115/mo

    Zestimate® history
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    What's special

    A Money Maker: Gross Income $50,700 And Net $42,340 Per Year. All Units Have Tenants With Signed Leases & Have Never Been Vacant With This Owner. These Units Have Been Maintained And Are In Great Condition. The Full Kitchens All Have Dishwashers, Stoves, Fridges And More. Only 1 Block To Campus, So Very Easy To Keep Rented. The Building Contains On 1-Bedroom, Two 2-Bedrooms, A Studio Unit And A 4 Bedroom Unit. Has Current Rental Inspections. Tenants Pay Their Own Utilities. Each Unit Has Electric Baseboard Heat With New Digital Thermostats And Window Air Conditioners For Easy Tenant Control . All Windows Have Been Replaced With Double Hung Vinyl Units. Most Of The Electrical Has Been Updated And There Is A Coin Operated W/D In The Building. City Has Signed A Letter Okaying The Lack Of Off Street Parking And It Has Been Recorded. Gross Income Over $50k Per Year.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Baseboard, Electric
    Cooling
    • Other
    Appliances
    • Included: Dishwasher, Range / Oven, Refrigerator
    • Laundry: Lower Level
    Features
    • Flooring: Hardwood
    • Basement: Finished
    • Has fireplace: Yes
    • Fireplace features: masonry
    Interior area
    • Total interior livable area: 2,642 sqft

    Property

    Features
    • Exterior features: Wood
    Lot
    • Size: 2,744 sqft
    Details
    • Parcel number: 891413351002
    • Zoning: R-4

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Frame
    • Foundation: Masonry
    • Roof: Asphalt
    Condition
    • Year built: 1920

    Community & neighborhood

    Location
    • Region: Cedar Falls

    Other

    Other facts
    • Internet: Yes
    • Sale/Rent: For Sale
    • Status: ACTIVE
    • COOLING: Window Unit, Ceiling Fan
    • EXTERIOR: Wood Lap
    • FINANCE TYPE: Cash, Conventional, Insured Conventional, 1031 Exchange
    • LAUNDRY: Lower Level
    • SIDING: Wood
    • Flood: C/X - Not in Flood Plain
    • Water Type: City
    • Sewer Type: City
    • Fuel Type: Natural Gas
    • Reg/Irreg: Reg
    • Sale Type: Normal Sale
    • Heat Separate By Unit: Yes
    • Electric Separate by Unit: Yes
    • STORIES/STYLE: Over 2 Stories, Apartments (5+ Units)
    • ROOF TYPE: Asphalt
    • TENANT RESPONSIBLE: Electric, Garbage
    • Occupied By: Renter
    • BASEMENT: Entrance-Outside, Finished-Partly, Walk-Out
    • EXTERIOR AMENITIES: Deck
    • TERMS OF TENANCY: Over 9 Months, Other
    • Unit Stove 1: Yes
    • Unit Stove 2: Yes
    • Unit Refrig 1: Yes
    • Unit Refrig 2: Yes
    • Zoning: R-4
    • Unit Stove 3: Yes
    • Unit Stove 4: Yes
    • Unit Stove 5: Yes
    • Unit Refrig 3: Yes
    • Unit Refrig 4: Yes
    • Unit Refrig 5: Yes
    • How to Show: Appointment Only
    • Gross Income: Actual
    • LOT DESCRIPTION: Corner Lot
    • UTILITIES AVAILABLE: Separate Meters
    • PARKING: On Street
    • HEAT TYPE: Electric, Baseboard
    • Unit D/W 2: Yes
    • Region: Cedar Falls South 2
    • Unit D/W 1: Yes
    • DOCUMENTS ON FILE: Rental Certificate
    • Unit D/W 3: Yes
    • Unit D/W 4: Yes
    • Unit D/W 5: Yes
    • MLS Area: Black Hawk
    • LA1Agent Phone1 CountryId: United States (+1)
    • LA1Agent Phone2 CountryId: United States (+1)
    • LA1Agent Phone3 CountryId: United States (+1)
    • LO1OfficePhone1CountryId: United States (+1)
    • Transmit to Zillow: Yes
    • Parcel #: 891413351002
    • Legal Description: AUDITORS PLAT NO 18 CF ALL LOT 14 EXC S 24.75 FT NORMAL ADDITION LOT 6 BLK 9 EXC

    Price history

    DateEventPrice
    3/31/2021Sold$403,000-4%$153/sqft
    Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20204064 Report a problem
    1/20/2021Pending sale$420,000$159/sqft
    Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20204064 Report a problem
    10/6/2020Price change$420,000-1.8%$159/sqft
    Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20204064 Report a problem
    8/15/2020Price change$427,500+0.1%$162/sqft
    Source: Coldwell Banker Elevated Real Estate #20204064 Report a problem
    7/15/2020Listed for sale$427,000+305.7%$162/sqft
    Source: Owner Report a problem
    1/19/2019Listing removed$1,300
    Source: Owner Report a problem
    1/17/2019Price change$1,300-7.1%
    Source: Owner Report a problem
    9/19/2018Listed for rent$1,400+16.7%$1/sqft
    Source: Owner Report a problem
    3/28/2018Listing removed$1,200
    Source: Owner Report a problem
    2/26/2018Listed for rent$1,200
    Source: Owner Report a problem
    7/14/2008Sold$105,250$40/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,105 +2.9%$300,220 +17.7%
    2024$3,988 -5.7%$255,100
    2023$4,228 -16.1%$255,100 +11.4%
    2022$5,040 +11.7%$229,050
    2021$4,513 -5.6%$229,050 +13.1%
    2020$4,783 +1.2%$202,540 +9.1%
    2019$4,727 -6.7%$185,570 +5%
    2018$5,068 +0%$176,730
    2017$5,068 -4.5%$176,730
    2016$5,308 $176,730
    2015$5,308 -10.1%$176,730 -8.8%
    2014$5,902 -8.1%$193,700
    2012$6,423 +43.3%$193,700
    2011$4,481 -1.9%$193,700 +49.3%
    2010$4,568 +1.2%$129,770
    2009$4,515 -1.2%$129,770
    2008$4,568 +8.6%$129,770 +9%
    2007$4,207 +0.1%$119,050
    2006$4,202 +3.6%$119,050
    2005$4,057 +15.5%$119,050 +25%
    2003$3,513 +3.7%$95,210
    2002$3,388 -3.8%$95,210
    2001$3,523 $95,210

    Find assessor info on the county website

    Neighborhood: 50613

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Lincoln Elementary Waterloo
    • Middle: Holmes Junior High
    • High: Cedar Falls High

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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