Looking for a stable multi-unit property in one of Cedar Falls’ most reliable rental corridors. Look no further than this well-maintained 7-unit apartment building! Offering a strong blend of charm, functionality, and location. The property features a desirable unit mix that includes two-bedroom, one-bedroom, and studio apartments, appealing to a wide range of renters. A classic brick accent across the front adds curb appeal and character, while the setting provides convenient access to the University of Northern Iowa, nearby shopping, dining, and major employers with easy access to major roads for convenient commute. Several units have been updated with newer flooring and refreshed finishes, creating comfortable, modern living spaces while maintaining the building’s original character. The variety in unit layouts supports flexibility for tenants, from roommates to individual residents, and the property has demonstrated consistent occupancy, reflecting ongoing demand in this area. All measurements approximate.
For sale
$769,000
2500 Olive St, Cedar Falls, IA 50613
--beds
--baths
4,344sqft
Apartment
Built in 1967
-- sqft lot
$721,000 Zestimate®
$177/sqft
$-- HOA
What's special
Original characterComfortable modern living spacesRefreshed finishesNewer flooringVariety in unit layouts
- 258 days
- 175
- 3
Zillow last checked:
Listing updated:
Listed by:
Emsad Begic 319-239-8663,
Vine Valley Real Estate
Source: Northeast Iowa Regional BOR as distributed by MLS GRID,MLS#: 20255981
Facts & features
Interior
Heating
- Baseboard
Cooling
- Central Air, Window Unit(s)
Appliances
- Laundry: None
Features
- Basement: Finished
Interior area
- Total structure area: 4,344
- Total interior livable area: 4,344 sqft
- Finished area above ground: 1,500
- Finished area below ground: 1,344
Property
Parking
- Total spaces: 10
- Parking features: Off Site, Parking Pad, Parking Space, None
- Uncovered spaces: 10
Lot
- Size: 8,712 Square Feet
- Dimensions: 66x132
Details
- Parcel number: 891413354015
- Zoning: R-3
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Apartment
Materials
- Vinyl Siding
- Foundation: Brick/Mortar
- Roof: Asphalt
Condition
- Year built: 1967
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electric in Rent, Gas in Rent, Water in Rent
Community & HOA
Location
- Region: Cedar Falls
Financial & listing details
- Price per square foot: $177/sqft
- Tax assessed value: $470,530
- Annual tax amount: $6,842
- Date on market: 12/17/2025
- Cumulative days on market: 259 days
- Lease term: Other
- Tenant pays: None
Estimated market value
$721,000
$685,000 - $757,000
$748/mo
Price history
| Date | Event | Price |
|---|---|---|
| 12/17/2025 | Listed for sale | $769,000$177/sqft |
Source: | ||
| 10/6/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 9/21/2022 | Listed for rent | $800 |
Source: Zillow Rental Manager Report a problem | ||
| 7/6/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 6/13/2022 | Listed for rent | $800-20% |
Source: Zillow Rental Manager Report a problem | ||
| 1/9/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 4/14/2021 | Listed for rent | $1,000 |
Source: Zillow Rental Manager Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
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.






