LOOKING FOR AN INVESTMENT OPPORTUNITY with a GREAT LOCATION AND WALKING DISTANCE TO THE UNIVERSITY? Then check out this FOUR-PLEX building which includes: three 1-bedroom apartments and one 2-bedroom apartment. All units are fully rented through May 2027. All appliances are included in each unit, and all utilities also included (except internet). Off-street parking with ease of ingress and egress through alley way in back.
For sale
$235,000
2504 Olive St, Cedar Falls, IA 50613
6beds
4baths
2,284sqft
Quadruplex
Built in 1890
-- sqft lot
$223,400 Zestimate®
$103/sqft
$-- HOA
What's special
Off-street parking
- 60 days
- 262
- 12
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#: 20263024
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Laundry: Laundry Room, Lower Level
Features
- Basement: Stone/Rock
Interior area
- Total structure area: 2,284
- Total interior livable area: 2,284 sqft
- Finished area above ground: 1,136
- Finished area below ground: 1,136
Property
Parking
- Total spaces: 7
- Parking features: Parking Space, Paved, None
- Uncovered spaces: 7
Features
- Levels: Two
- Patio & porch: Covered
Lot
- Size: 8,712 Square Feet
- Dimensions: 66x132
Details
- Parcel number: 89143354010
- 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: Cable Paid by Individual, 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: $103/sqft
- Tax assessed value: $222,210
- Annual tax amount: $2,935
- Date on market: 7/3/2026
- Cumulative days on market: 62 days
- Lease term: Over 9 Months
- Tenant pays: None
- Road surface type: Hard Surface Road
Estimated market value
$223,400
$212,000 - $235,000
$1,366/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/3/2026 | Listed for sale | $235,000+26.9%$103/sqft |
Source:  Northeast Iowa Regional BOR as distributed by MLS GRID #20263024 Report a problem | ||
| 12/20/2019 | Sold | $185,186-7.4%$81/sqft |
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20195640 Report a problem | ||
| 11/18/2019 | Pending sale | $200,000$88/sqft |
Source: Structure Real Estate #20195640 Report a problem | ||
| 10/17/2019 | Listed for sale | $200,000$88/sqft |
Source: Structure Real Estate #20195640 Report a problem | ||
| 10/13/2019 | Listing removed | $850 |
Source: Willow Falls Report a problem | ||
| 10/4/2019 | Listed for rent | $850+3.7% |
Source: Willow Falls Report a problem | ||
| 7/30/2019 | Listing removed | $820 |
Source: Willow Falls Report a problem | ||
| 4/26/2019 | Listed for rent | $820+21.5% |
Source: Willow Falls Report a problem | ||
| 7/22/2018 | Listing removed | $675 |
Source: Willow Falls Report a problem | ||
| 7/13/2018 | Listed for rent | $675 |
Source: Willow Falls Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,934 +2.9% | $222,210 +21.9% |
| 2024 | $2,851 +5.8% | $182,360 |
| 2023 | $2,694 -16.1% | $182,360 +24.9% |
| 2022 | $3,211 +16.2% | $145,950 |
| 2021 | $2,764 +11.2% | $145,950 +17.7% |
| 2020 | $2,486 +4.8% | $124,040 -8.9% |
| 2019 | $2,372 +0.2% | $136,210 +6.3% |
| 2018 | $2,367 0% | $128,090 |
| 2017 | $2,368 +11.7% | $128,090 +6.8% |
| 2016 | $2,120 | $119,980 |
| 2015 | $2,120 +1.2% | $119,980 |
| 2014 | $2,094 -47.4% | $119,980 |
| 2012 | $3,978 -0.1% | $119,980 |
| 2011 | $3,980 -1.9% | $119,980 +4.1% |
| 2010 | $4,058 +1.2% | $115,280 |
| 2009 | $4,011 -1.2% | $115,280 |
| 2008 | $4,058 +8.6% | $115,280 +9% |
| 2007 | $3,737 +0.1% | $105,760 |
| 2006 | $3,733 +16.5% | $105,760 |
| 2005 | $3,205 +15.5% | $105,760 +40.6% |
| 2003 | $2,776 +3.7% | $75,230 |
| 2002 | $2,677 -9% | $75,230 |
| 2001 | $2,942 | $75,230 |
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.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.
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