LOOKING FOR AN INVESTMENT OPPORTUNITY, GREAT LOCATION AND WALKING DISTANCE TO THE UNIVERSITY? Then check out this 3-PLEX which includes Three 2-bedroom apartments. 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.
For sale
$235,000
2508 Olive St, Cedar Falls, IA 50613
6beds
--baths
2,804sqft
Triplex
Built in 1890
-- sqft lot
$223,100 Zestimate®
$84/sqft
$-- HOA
What's special
Plenty of off-street parking
- 60 days
- 182
- 10
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#: 20263027
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Laundry: Laundry Room
Features
- Basement: Exterior Entry
Interior area
- Total structure area: 2,804
- Total interior livable area: 2,804 sqft
- Finished area above ground: 1,042
- Finished area below ground: 1,042
Property
Parking
- Total spaces: 7
- Parking features: Parking Space, Paved, None
- Uncovered spaces: 7
Features
- Levels: Two or More Stories
Lot
- Size: 8,712 Square Feet
- Dimensions: 66x132
Details
- Parcel number: 891413354013
- Zoning: R-3
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Materials
- Frame
- Roof: Asphalt
Condition
- Year built: 1890
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Other
Community & HOA
Location
- Region: Cedar Falls
Financial & listing details
- Price per square foot: $84/sqft
- Tax assessed value: $234,320
- Annual tax amount: $3,103
- Date on market: 7/3/2026
- Cumulative days on market: 61 days
- Lease term: Over 9 Months
- Tenant pays: Electricity
- Road surface type: Hard Surface Road
Estimated market value
$223,100
$212,000 - $234,000
$1,388/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/3/2026 | Listed for sale | $235,000+36.2%$84/sqft |
Source:  Northeast Iowa Regional BOR as distributed by MLS GRID #20263027 Report a problem | ||
| 12/21/2018 | Sold | $172,500-4.1%$62/sqft |
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20185480 Report a problem | ||
| 11/25/2018 | Pending sale | $179,900$64/sqft |
Source: Lockard Realty Company #20185480 Report a problem | ||
| 10/15/2018 | Price change | $179,900-0.1%$64/sqft |
Source: Lockard Realty Company #20185480 Report a problem | ||
| 10/12/2018 | Listed for sale | $180,000$64/sqft |
Source: Lockard Realty Company #20185480 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,103 +2.9% | $234,320 +21.5% |
| 2024 | $3,014 +0.2% | $192,810 |
| 2023 | $3,009 -16.1% | $192,810 +18.3% |
| 2022 | $3,587 +9.2% | $163,010 |
| 2021 | $3,286 -5.6% | $163,010 +10.5% |
| 2020 | $3,482 +0.3% | $147,480 +35.7% |
| 2019 | $3,473 -6.7% | $108,670 +5% |
| 2018 | $3,724 0% | $103,500 |
| 2017 | $3,724 -4.5% | $103,500 |
| 2016 | $3,900 | $103,500 |
| 2015 | $3,900 -10.1% | $103,500 -27.3% |
| 2014 | $4,336 -8.1% | $142,310 |
| 2012 | $4,719 +10.3% | $142,310 |
| 2011 | $4,276 -1.9% | $142,310 +14.9% |
| 2010 | $4,360 +1.2% | $123,850 |
| 2009 | $4,309 -1.2% | $123,850 |
| 2008 | $4,360 +8.6% | $123,850 +9% |
| 2007 | $4,015 +0.1% | $113,620 |
| 2006 | $4,011 +16.6% | $113,620 |
| 2005 | $3,439 +17.8% | $113,620 +40.8% |
| 2003 | $2,919 +3.7% | $80,720 +2.1% |
| 2002 | $2,815 -2.6% | $79,090 |
| 2001 | $2,891 | $79,090 |
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.
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