For sale

$410,000

2416 Olive St, Cedar Falls, IA 50613

11beds

--baths

4,432sqft

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Apartment

Built in 1915

-- sqft lot

$-- Zestimate^®

$93/sqft

$-- HOA

What's special

One studioPlenty of off-street parking

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)

9 days

272

7

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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: 11 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

$1,464/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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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

75 / 100

Very Walkable

31 / 100

Some Transit

67 / 100

Bikeable

Nearby schools

GreatSchools rating

7/10
Lincoln Elementary School
Grades: PK-6Distance: 1.2 mi
9/10
Holmes Junior High School
Grades: 7-9Distance: 1.5 mi
7/10
Cedar Falls High School
Grades: 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.