$255,000

2404 Olive St Cedar Falls, IA 50613

Estimated payment $1,661/month

Total Views 6,462
-- Bed
-- Bath
1,144 Sq Ft
$223 Price per Sq Ft

Highlights

  • Forced Air Heating and Cooling System
  • Wood Siding
  • 4-minute walk to Seerley Park
  • Holmes Junior High School Rated A-

About This Home

Large duplex close to UNI campus with great rental history and appeal. Both units are very large and have many updates. Fresh paint and new flooring enhance the appeal for prospective tenants. Gross rents are $2300 per month and tenants pay all utilities. Tons of paved off street parking and plenty of upside in rent rates. This property may also be sold in a package with other listings located at 1316 Main St CF, 2415 Olive St CF, and 1107-1113 Rainbow Waterloo

Listing Agent

Bond Shymansky

Skogman Realty License #S67797000

Skogman Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,981

Year Built

  • Built in 1910

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 66x132

Home Design

  • 1,144 Sq Ft Home
  • Duplex
  • Block Foundation
  • Asphalt Roof
  • Wood Siding
  • Vinyl Siding

Parking

  • 12 Open Parking Spaces
  • No Garage

Schools

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

Additional Features

  • Laundry on main level
  • Forced Air Heating and Cooling System

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 891413354001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,981

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Parcel Number: 891413354001
  • Year Built: 1910
  • Property Sub-Type: Duplex
  • ResoLaundryFeatures: 1st Floor, 2nd Floor
  • Co List Office Phone: 563-920-9194
  • MLS Status: ACTIVE
  • Above Grade Finished Sq Ft: 1144
  • Unit Levels: Two
  • Reso Roof: Asphalt
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Block

Exterior Features

  • Construction Type: Vinyl Siding, Wood Siding
  • Siding: Vinyl,Wood

Garage/Parking

  • Open Parking Spaces: 12
  • Parking Features: Parking Pad, None

Utilities

  • Cooling: Central Air, Electric
  • Heating: Forced Air, Natural Gas
  • Sewer: Public Sewer
  • Utilities: Cable Paid by Individual, Elec Individual Meters, 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-2
  • Lot Dimensions: 66x132
  • Lot Size Sq Ft: 8712

Rental Info

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

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2981

Map

Range of Values:

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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
2024 $2,982 $190,680 $32,340 $158,340
2023 $3,218 $190,680 $32,340 $158,340
2022 $3,256 $174,290 $32,340 $141,950
2021 $3,034 $174,290 $32,340 $141,950
2020 $2,974 $162,970 $21,020 $141,950
2019 $2,974 $162,970 $21,020 $141,950
2018 $2,750 $148,770 $21,020 $127,750
2017 $2,828 $148,770 $21,020 $127,750
2016 $2,648 $149,800 $21,020 $128,780
2015 $2,648 $149,800 $21,020 $128,780
2014 $2,678 $149,800 $21,020 $128,780
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2025 04/15/25 For Sale $255,000 +19.2% $223 / Sq Ft
11/06/2020 11/06/20 Sold $214,000 -4.8% $172 / Sq Ft
08/05/2020 08/05/20 Pending -- -- --
06/12/2020 06/12/20 For Sale $224,900 -- $180 / Sq Ft
Source: Northeast Iowa Regional Board of REALTORS®

Deed History

Date Type Sale Price Title Company
Warranty Deed $214,000 None Available
Warranty Deed $188,000 --
Special Warranty Deed $165,000 Title Services Corporation
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,048,000 Future Advance Clause Open End Mortgage
Previous Owner $210,000 Balloon
Previous Owner $123,000 New Conventional
Previous Owner $122,000 New Conventional
Previous Owner $123,750 New Conventional
Previous Owner $244,000 Credit Line Revolving
Source: Public Records

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    • 2 Baths
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Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20251609

Northeast Iowa Regional Board of REALTORS®

APN: 8914-13-354-001

Iowa Black Hawk County Cedar Falls 50613

2404 Olive St, Cedar Falls, IA

Homes for Sale in Cedar Falls, IA

This home is located at 2404 Olive St, Cedar Falls, IA 50613 and is currently priced at $255,000, approximately $222 per square foot. This property was built in 1910. 2404 Olive St is a home located in Black Hawk County with nearby schools including Lincoln Elementary School, Holmes Junior High School, and Cedar Falls High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northeast Iowa Regional Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Bond Shymansky
Listing Agent
Bond Shymansky
Section Image
Skogman Realty
(319) 435-4157