Welcome to this fantastic triplex located in the sought-after College Hill district of Cedar Falls. This property is a lucrative investment opportunity, perfectly positioned near the college and the vibrant shopping and nightlife of College Hill. Each unit in this triplex is impressively spacious, offering ample living space for tenants. To add to its appeal, the utilities are thoughtfully split for each unit, making it convenient for both the landlord and tenants. For those looking to make their first foray into real estate investment or expand their portfolio, this triplex is an ideal choice. With the option to live in one unit while renting out the others, it offers the perfect balance of investment and personal accommodation. Don't miss out on this exceptional chance to secure a money-making asset in one of Cedar Falls' most desirable neighborhoods. Act now to seize this opportunity!
Sold for $170,000
$170,000
2315 Olive St, Cedar Falls, IA 50613
9beds
3baths
3,514sqft
Triplex
Built in 1913
-- sqft lot
$201,800 Zestimate®
$48/sqft
$1,005 Estimated rent
Home value
$201,800
$172,000 - $236,000
$1,005/mo
Zestimate® history
Owner options
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$1,005/mo
Rent Zestimate®
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$1,005/mo
Rent Zestimate®
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$916/mo
Est. payment
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$916/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Jared Hottle 319-288-5382,
Berkshire Hathaway Home Services One Realty Centre
Bought with:
Jared Hottle, S68688000
Berkshire Hathaway Home Services One Realty Centre
Source: Northeast Iowa Regional BOR as distributed by MLS GRID,MLS#: 20233274
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 3
Cooling
- Central Air
Appliances
- Laundry: Lower Level
Features
- Basement: Stone/Rock
Interior area
- Total structure area: 3,514
- Total interior livable area: 3,514 sqft
- Finished area above ground: 1,676
- Finished area below ground: 1,000
Property
Parking
- Parking features: No Parking, None
Lot
- Size: 3,120 Square Feet
- Dimensions: 65x48
Details
- Parcel number: 891413351017
- Zoning: R-4
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Materials
- Vinyl Siding
- Roof: Asphalt
Condition
- Year built: 1913
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Other
Community & HOA
Location
- Region: Cedar Falls
Financial & listing details
- Price per square foot: $48/sqft
- Tax assessed value: $260,250
- Annual tax amount: $3,002
- Date on market: 8/4/2023
- Cumulative days on market: 67 days
- Lease term: Other
- Tenant pays: Electricity, Gas, Water
Price history
| Date | Event | Price |
|---|---|---|
| 11/29/2023 | Sold | $170,000-6%$48/sqft |
Source:  Northeast Iowa Regional BOR as distributed by MLS GRID #20233274 Report a problem | ||
| 10/10/2023 | Pending sale | $180,900$51/sqft |
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20233274 Report a problem | ||
| 10/5/2023 | Price change | $180,900-5.2%$51/sqft |
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20233274 Report a problem | ||
| 9/13/2023 | Price change | $190,900-9.1%$54/sqft |
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20233274 Report a problem | ||
| 8/4/2023 | Listed for sale | $209,900$60/sqft |
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20233274 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 50613
Nearby homes
- $198,6002 bd1 ba-- sqft2315 Olive St APT 3, Cedar Falls, IA 50613Off Market
- $239,5003 bd1 ba838 sqft2315 Olive St APT 1, Cedar Falls, IA 50613Off Market
- $--2 bd2 ba838 sqft2315 Olive St APT 2, Cedar Falls, IA 50613Off Market
- $68,3003 bd1 ba872 sqft2315 Olive St #A, Cedar Falls, IA 50613Off Market
- $70,2003 bd1 ba872 sqft2315 Olive St #B, Cedar Falls, IA 50613Off Market
- $68,9003 bd1 ba872 sqft2315 Olive St #C, Cedar Falls, IA 50613Off Market
- $67,9003 bd1 ba872 sqft2315 Olive St #D, Cedar Falls, IA 50613Off Market
- $318,9004 bd1 ba900 sqft2311 Olive St, Cedar Falls, IA 50613Off Market
Nearby schools
GreatSchools rating
- 8/10Lincoln Elementary SchoolGrades: PK-6Distance: 1.1 mi
- 9/10Holmes Junior High SchoolGrades: 7-9Distance: 1.4 mi
- 6/10Cedar 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.
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- Iowa
- Black Hawk County
- Cedar Falls
- 50613
- 2315 Olive St
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