NOT LISTED FOR SALE

2315 Olive St Cedar Falls, IA 50613

9 Beds
3 Baths
1,676 Sq Ft
3,120 Sq Ft Lot

Last Sold November 29, 2023

Last sale price $170,000 $101 Per Sq Ft

67 Days on Market

Highlights

  • Central Air
  • Holmes Junior High School Rated A-
  • 5-minute walk to Seerley Park

About This Home

As of November 2023

Welcome to this fantastic triplex located in the sought-after College Hill district of Cedar Falls. This property is a lucrative investment opportunity, perfectly positioned near the college and the vibrant shopping and nightlife of College Hill. Each unit in this triplex is impressively spacious, offering ample living space for tenants. To add to its appeal, the utilities are thoughtfully split for each unit, making it convenient for both the landlord and tenants. For those looking to make their first foray into real estate investment or expand their portfolio, this triplex is an ideal choice. With the option to live in one unit while renting out the others, it offers the perfect balance of investment and personal accommodation. Don't miss out on this exceptional chance to secure a money-making asset in one of Cedar Falls' most desirable neighborhoods. Act now to seize this opportunity!

Last Agent to Sell the Property

Jared Hottle

Berkshire Hathaway Home Services One Realty Centre License #S68688000 Listed on: 08/04/2023

Berkshire Hathaway Home Services One Realty Centre

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,002

Year Built

  • Built in 1913

Lot Details

  • 3,120 Sq Ft Lot
  • Lot Dimensions are 65x48

Parking

  • No Garage

Home Design

  • Triplex
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • Stone Basement
  • Laundry on lower level

Schools

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

Utilities

  • Central Air

Community Details

  • 3 Units
  • Water Sewer Expense $50

Listing and Financial Details

  • Tenant pays for electricity, gas, water
  • Assessor Parcel Number 891413351017

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,002

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Parcel Number: 891413351017
  • Year Built: 1913
  • Property Sub-Type: Triplex
  • PropertyType: Residential Income
  • ResoLaundryFeatures: Lower Level
  • Co List Office Phone: 319-233-7000
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 1676
  • Reso Roof: Asphalt
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Stone/Rock
  • Below Grade Sq Ft: 1000

Exterior Features

  • Construction Type: Vinyl Siding
  • Siding: Vinyl

Garage/Parking

  • Parking Features: No Parking, None

Utilities

  • Cooling: Central Air
  • Sewer: City Sewer
  • Utilities: Other
  • Water Source: City

Fee Information

  • Annual Water Sewer Expense: 50

Schools

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

Lot Info

  • Zoning: R-4
  • Lot Dimensions: 65x48
  • Lot Size Sq Ft: 3120

Rental Info

  • Tenant Pays: Electricity, Gas, Water
  • Lease Term: Other

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 3002

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/29/2023 11/29/23 Sold $170,000 -6.0% $101 / Sq Ft
10/10/2023 10/10/23 Pending -- -- --
10/05/2023 10/05/23 Price Changed $180,900 -5.2% $108 / Sq Ft
09/13/2023 09/13/23 Price Changed $190,900 -9.1% $114 / Sq Ft
08/04/2023 08/04/23 For Sale $209,900 -- $125 / Sq Ft
Source: Northeast Iowa Regional Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20233274

Northeast Iowa Regional Board of REALTORS®