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For sale
    • $275,900

    2503 Olive St, Cedar Falls, IA 50613

    8beds
    4baths
    3,298sqft
    : 
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    Quadruplex
    Built in 1890
    -- sqft lot
    $264,100 Zestimate®
    $84/sqft
    $-- HOA

    What's special

    Two three-bedroom unitsTwo one-bedroom unitsRecent updates
    Located just one block from UNI campus, this investment property generates consistent revenue! All units are well-maintained with recent updates. Offering two three-bedroom units and two one-bedroom units, this versatile complex provides options for all students. All four units have dishwasher, stove, and refrigerator. On-site laundry available for tenants to use with coins. Walking distance to restaurants, coffee shops, campus, the UNI bookstore, and College Hill nightlife. This is a great property to add to your investment portfolio! Schedule a showing today.
    11 days
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    463
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    13
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    Zillow last checked:

    Listing updated:

    Listed by:

    Michael Taylor 319-239-3659,

    Lockard Realty Company

    Source: Northeast Iowa Regional BOR as distributed by MLS GRID,MLS#: 20263036MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 4
      Cooling
      • Window Unit(s)
      Appliances
      • Laundry: Laundry Room, Lower Level
      Features
      • Basement: Partially Finished,Walk-Out Access
      Interior area
      • Total structure area: 3,298
      • Total interior livable area: 3,298 sqft
      • Finished area above ground: 1,149
      • Finished area below ground: 500

      Property

      Parking
      • Parking features: On Street, None
      Features
      • Patio & porch: Deck-Multi-Level
      Lot
      • Size: 5,561 Square Feet
      • Dimensions: .128
      Details
      • Parcel number: 891413357003
      • Zoning: R-4
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Quadruplex
      Materials
      • Vinyl Siding
      • Roof: Asphalt
      Condition
      • Year built: 1890

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Elec Individual Meters

      Community & HOA

      Location
      • Region: Cedar Falls

      Financial & listing details

      • Price per square foot: $84/sqft
      • Tax assessed value: $237,160
      • Annual tax amount: $3,707
      • Date on market: 7/5/2026
      • Cumulative days on market: 539 days
      • Lease term: Month To Month
      • Tenant pays: Electricity, Trash Collection, Gas, Heat

        Estimated market value

        $264,100

        $251,000 - $277,000

        $1,306/mo

        Price history

        DateEventPrice
        7/5/2026Listed for sale$275,900-3.2%$84/sqft
        Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20263036 Report a problem
        7/4/2026Listing removed$285,000$86/sqft
        Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20260123 Report a problem
        6/8/2026Price change$285,000-3.4%$86/sqft
        Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20260123 Report a problem
        5/7/2026Price change$295,000-5.6%$89/sqft
        Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20260123 Report a problem
        4/3/2026Listing removed$575
        Source: Zillow Rentals Report a problem
        3/25/2026Price change$575-16.1%
        Source: Zillow Rentals Report a problem
        3/3/2026Price change$685-2.1%
        Source: Zillow Rentals Report a problem
        1/8/2026Listed for sale$312,500+1%$95/sqft
        Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20260123 Report a problem
        1/1/2026Listing removed$309,500$94/sqft
        Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20252770 Report a problem
        12/19/2025Listed for rent$700
        Source: Zillow Rentals Report a problem
        9/6/2025Listed for sale$309,500$94/sqft
        Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20252770 Report a problem
        8/26/2025Pending sale$309,500$94/sqft
        Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20252770 Report a problem
        6/13/2025Listed for sale$309,500-0.2%$94/sqft
        Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20252770 Report a problem
        6/12/2025Listing removed$310,000$94/sqft
        Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20250242 Report a problem
        5/28/2025Price change$310,000-4.6%$94/sqft
        Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20250242 Report a problem
        5/2/2025Price change$324,900-4.4%$99/sqft
        Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20250242 Report a problem
        1/17/2025Listed for sale$340,000-2.3%$103/sqft
        Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20250242 Report a problem
        8/8/2024Listing removed--
        Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20242455 Report a problem
        7/18/2024Price change$348,000-3.3%$106/sqft
        Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20242455 Report a problem
        6/12/2024Listed for sale$360,000+0.3%$109/sqft
        Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20242455 Report a problem
        1/1/2024Listing removed--
        Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20233477 Report a problem
        10/13/2023Price change$359,000-3%$109/sqft
        Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20233477 Report a problem
        8/17/2023Listed for sale$370,000+19.4%$112/sqft
        Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20233477 Report a problem
        12/15/2020Sold$310,000-10.5%$94/sqft
        Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20204058 Report a problem
        10/30/2020Pending sale$346,500+246.5%$105/sqft
        Source: Coldwell Banker Elevated Real Estate #20204058 Report a problem
        3/18/2009Sold$100,000+3.1%$30/sqft
        Source: Agent Provided Report a problem
        11/12/2004Sold$97,000$29/sqft
        Source: Agent Provided Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,816 +2.9%$284,400 +19.9%
        2024$3,708 +9.9%$237,160
        2023$3,374 -16.1%$237,160 +29.8%
        2022$4,021 +9.9%$182,750
        2021$3,658 -5.6%$182,750 +11.3%
        2020$3,877 +0.5%$164,200 +26.5%
        2019$3,856 -6.7%$129,840 +5%
        2018$4,135 +0%$123,660
        2017$4,134 -4.5%$123,660
        2016$4,330 $123,660
        2015$4,330 -11.2%$123,660 -22.8%
        2014$4,878 -8.1%$160,130
        2012$5,310 +22.5%$160,130
        2011$4,336 -1.9%$160,130 +27.5%
        2010$4,421 +1.2%$125,570
        2009$4,369 -1.2%$125,570
        2008$4,420 +8.6%$125,570 +9%
        2007$4,071 +0.1%$115,200
        2006$4,067 +9.7%$115,200
        2005$3,706 +15.5%$115,200 +32.4%
        2003$3,210 +3.7%$86,980
        2002$3,096 -2.6%$86,980
        2001$3,180 $86,980
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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

        71 / 100
        Very Walkable
        31 / 100
        Some Transit
        65 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Lincoln Elementary Waterloo
        • 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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