2222 Walnut St Cedar Falls, IA 50613
Estimated payment $3,006/month
Highlights
- Central Air
- Holmes Junior High School Rated A-
- 4-minute walk to Seerley Park
About This Home
Great investment property two blocks from the College Hill area. All five units have leases signed. Paved parking and coin operated laundry on site
Listing Agent
Berkshire Hathaway Home Services One Realty Centre License #S72355000 Listed on: 05/18/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,077
Year Built
- Built in 1900
Lot Details
- 8,712 Sq Ft Lot
- Lot Dimensions are 66x132
Home Design
- Asphalt Roof
- Vinyl Siding
Interior Spaces
- Stone Basement
- Laundry on lower level
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Bathrooms
Parking
- 9 Open Parking Spaces
- No Garage
- Parking Available
- Paved Parking
Schools
- Lincoln Elementary Cf
- Holmes Junior High
- Cedar Falls High School
Utilities
- Central Air
Listing and Financial Details
- Assessor Parcel Number 891413311016
Community Details
Overview
- 5 Units
Building Details
- Water Sewer Expense $3,497
- Operating Expense $11,375
- Gross Income $56,566
- Net Operating Income $45,190
Map
Home Values in the Area
Average Home Value in this Area
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 | $4,078 | $304,440 | $48,510 | $255,930 |
| 2024 | $4,078 | $253,370 | $32,340 | $221,030 |
| 2023 | $4,148 | $253,370 | $32,340 | $221,030 |
| 2022 | $4,946 | $224,740 | $38,810 | $185,930 |
| 2021 | $4,490 | $224,740 | $38,810 | $185,930 |
| 2020 | $4,758 | $201,500 | $38,810 | $162,690 |
| 2019 | $4,758 | $162,690 | $0 | $162,690 |
| 2018 | $5,070 | $154,940 | $0 | $154,940 |
| 2017 | $5,070 | $154,940 | $0 | $154,940 |
| 2016 | $5,222 | $151,770 | $0 | $151,770 |
| 2015 | $5,222 | $151,770 | $0 | $151,770 |
| 2014 | $5,500 | $190,580 | $38,810 | $151,770 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/18/2026 05/18/26 | For Sale | $499,900 | +3.2% | $289 / Sq Ft | |
| 09/30/2022 09/30/22 | Sold | $484,500 | -2.1% | $280 / Sq Ft | View Prior Sale |
| 07/22/2022 07/22/22 | Pending | -- | -- | -- | |
| 06/17/2022 06/17/22 | For Sale | $495,000 | -- | $286 / Sq Ft |
Source: Northeast Iowa Regional Board of REALTORS®
MLS Number: NBR20262163
APN: 8914-13-311-016
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Listings courtesy of Northeast Iowa Regional Board of REALTORS® as distributed by MLS GRID.
Based on information submitted to the MLS GRID
- 513 W 22nd St
- 2303 Olive St
- 2303 Olive St
- 604 W Seerley Blvd
- 2311 Olive St
- 2311 Olive St Unit 2
- 2311 Olive St Unit 1
- 2311 Olive St Unit 3
- 2116 Olive St
- 2116 Olive St
- 808 W Seerley Blvd
- 2107 Olive St Unit 2109 1/2 Olive Street
- 2116 College St Unit 2116 (Lower Unit)
- 2215 College St Unit 3
- 2512 Walnut St Unit 2512 Walnut HOUSE
- 2509 Iowa St
- 2119 College St
- 2022 College St Unit 2022 1/2
- 2509 Tremont St
- 2020 College St Unit 2020 1/2
Ask me questions while you tour the home.