$439,000

2115 Walnut St Cedar Falls, IA 50613

Estimated payment $2,762/month

Total Views 2,686
-- Bed
-- Bath
2,470 Sq Ft
$178 Price per Sq Ft

About This Home

6-unit rental property in great college hill area location. (4) 2 bed/1 bath units and (2) 1 bed/1 bath units. $4245/ mo current rent with 5 of the 6 units rented. Market Rent at full occupancy is $5095/mo. Coin operated laundry on site in basement. 10 concrete parking spots off the alley.

Listing Agent

Brian Wingert

Structure Real Estate License #S60468000 Listed on: 03/09/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,210

Year Built

  • Built in 1900

Lot Details

  • 13,068 Sq Ft Lot
  • Lot Dimensions are 99x132

Home Design

  • Rubber Roof
  • Aluminum Siding

Interior Spaces

  • Exterior Basement Entry
  • Laundry on lower level

Parking

  • 10 Open Parking Spaces
  • No Garage
  • On-Street Parking

Schools

  • Lincoln Elementary Cf
  • Holmes Junior High
  • Cedar Falls High School

Community Details

  • 6 Units

Listing and Financial Details

  • Assessor Parcel Number 891413306004

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,210

Year Built

Built in 1900

Lot Details

0.3 Acres

Listing Details

  • Parcel Number: 891413306004
  • Year Built: 1900
  • Property Sub-Type: Apartment
  • PropertyType: Residential Income
  • ResoLaundryFeatures: Lower Level
  • Co List Office Phone: 319-260-2016
  • MLS Status: ACTIVE
  • Above Grade Finished Sq Ft: 2470
  • Reso Roof: Rubber
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Entrance-Outside
  • Below Grade Sq Ft: 2470

Exterior Features

  • Construction Type: Aluminum Siding
  • Siding: Aluminum

Garage/Parking

  • Open Parking Spaces: 10
  • Parking Features: On Street, None

Utilities

  • Cooling: None
  • Sewer: Public Sewer
  • Utilities: Cable Paid by Individual, Elec Individual Meters, Garbage Pd by Individual, Gas Individual Meters, Water - Multiple Meters
  • Water Source: Public

Schools

  • Elementary School: Lincoln Elementary CF
  • High School: Cedar Falls High
  • Middle Or Junior School: Holmes Junior High

Lot Info

  • Zoning: R-M
  • Lot Dimensions: 99x132
  • Lot Size Sq Ft: 13068

Rental Info

  • Tenant Pays: Electricity, Garbage Pick-up, Gas, Heat, Trash Collection, Water
  • Lease Term: Over 9 Months

Multi Family

  • Number Of Units Total: 6

Tax Info

  • Tax Annual Amount: 5210

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,210 $391,510 $72,770 $318,740
2024 $5,210 $323,780 $48,510 $275,270
2023 $5,232 $323,780 $48,510 $275,270
2022 $6,236 $283,400 $58,210 $225,190
2021 $5,688 $283,400 $58,210 $225,190
2020 $6,028 $255,250 $58,210 $197,040
2019 $6,028 $197,040 $0 $197,040
2018 $6,434 $187,660 $0 $187,660
2017 $6,726 $187,660 $0 $187,660
2016 $6,736 $187,660 $0 $187,660
2015 $6,736 $187,660 $0 $187,660
2014 $7,096 $245,870 $58,210 $187,660
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/09/2026 03/09/26 For Sale $439,000 -- $178 / Sq Ft
Source: Northeast Iowa Regional Board of REALTORS®

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20260926

Northeast Iowa Regional Board of REALTORS®

APN: 8914-13-306-004

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