LOOKING FOR AN INVESTMENT OPPORTUNITY, GREAT LOCATION AND WALKING DISTANCE TO THE UNIVERSITY? Then check out this 7-PLEX which includes Three 1--bedroom apartments, one studio , one 2-bedroom, one 3-bedroom, and one 4-bedroom additional units. All units are fully rented through May 2027. All appliances are included in each unit, and there is plenty of Off-street parking with ease of alley access in back. Appliances and laundry units included. Landlord pays utilites (except internet)
For sale
$410,000
2416 Olive St, Cedar Falls, IA 50613
11beds
--baths
4,432sqft
Apartment
Built in 1915
-- sqft lot
$-- Zestimate®
$93/sqft
$-- HOA
What's special
One studioPlenty of off-street parking
- 60 days
- 106
- 4
Zillow last checked:
Listing updated:
Listed by:
Deanna Wheeler, GRI, CNE, CRS 319-230-0409,
Re/Max Concepts
Source: Northeast Iowa Regional BOR as distributed by MLS GRID,MLS#: 20263030
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 11
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Laundry: Laundry Room
Features
- Basement: Exterior Entry
Interior area
- Total structure area: 4,432
- Total interior livable area: 4,432 sqft
- Finished area above ground: 1,380
- Finished area below ground: 1,380
Property
Parking
- Total spaces: 9
- Parking features: Parking Space, Paved, None
- Uncovered spaces: 9
Features
- Levels: Two or More Stories
Lot
- Size: 6,534 Square Feet
- Dimensions: 50x132
Details
- Parcel number: 891413354017
- Zoning: R-M
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Apartment
Materials
- Vinyl Siding
- Roof: Asphalt
Condition
- Year built: 1915
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electric in Rent, Garbage in Rent, Gas in Rent, Water in Rent
Community & HOA
Location
- Region: Cedar Falls
Financial & listing details
- Price per square foot: $93/sqft
- Tax assessed value: $406,310
- Annual tax amount: $5,531
- Date on market: 7/3/2026
- Cumulative days on market: 62 days
- Lease term: 9 Months or Less
- Tenant pays: None
- Road surface type: Hard Surface Road
Estimated market value
Not available
Estimated sales range
Not available
$800/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/3/2026 | Listed for sale | $410,000-11.8%$93/sqft |
Source:  Northeast Iowa Regional BOR as distributed by MLS GRID #20263030 Report a problem | ||
| 4/16/2026 | Listing removed | -- |
Source: Owner Report a problem | ||
| 1/11/2026 | Listed for sale | $465,000+8.1%$105/sqft |
Source: Owner Report a problem | ||
| 12/7/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 10/8/2021 | Listed for sale | $430,000+25.5%$97/sqft |
Source: Owner Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 1/31/2018 | Listing removed | $600 |
Source: Owner Report a problem | ||
| 11/4/2017 | Listed for rent | $600+9.1% |
Source: Owner Report a problem | ||
| 5/7/2017 | Listing removed | $550 |
Source: Owner Report a problem | ||
| 4/7/2017 | Price change | $550-12% |
Source: Owner Report a problem | ||
| 3/20/2017 | Listed for rent | $625 |
Source: Owner Report a problem | ||
| 12/31/2013 | Sold | $342,500+67.1%$77/sqft |
Source: Public Record Report a problem | ||
| 10/21/2009 | Sold | $205,000$46/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,530 +2.9% | $406,310 +18.2% |
| 2024 | $5,373 +14.6% | $343,670 |
| 2023 | $4,690 -16.1% | $343,670 +35.3% |
| 2022 | $5,590 +11% | $254,040 |
| 2021 | $5,035 +1.7% | $254,040 +12.4% |
| 2020 | $4,949 +0.9% | $225,960 +25.4% |
| 2019 | $4,905 -6.7% | $180,180 +5% |
| 2018 | $5,259 0% | $171,600 |
| 2017 | $5,260 -4.5% | $171,600 |
| 2016 | $5,508 | $171,600 |
| 2015 | $5,508 -10.1% | $171,600 -14.6% |
| 2014 | $6,124 -8.1% | $201,000 |
| 2012 | $6,665 +3.9% | $201,000 |
| 2011 | $6,413 -1.9% | $201,000 +8.2% |
| 2010 | $6,539 +1.2% | $185,740 |
| 2009 | $6,463 -1.2% | $185,740 |
| 2008 | $6,538 +8.6% | $185,740 +9% |
| 2007 | $6,021 +0.1% | $170,410 |
| 2006 | $6,015 +4.9% | $170,410 |
| 2005 | $5,736 +15.5% | $170,410 +26.6% |
| 2003 | $4,967 +3.7% | $134,610 |
| 2002 | $4,791 +1.9% | $134,610 |
| 2001 | $4,702 | $134,610 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 50613
Nearby schools
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.
