NOT LISTED FOR SALE

2412 Olive St Cedar Falls, IA 50613

9 Beds
5 Baths
1,380 Sq Ft
6,600 Sq Ft Lot

Sale Details

Date Sold: January 8, 2021

Last sale price $265,000 $192 Per Sq Ft

13 Days on Market

About This Home

As of January 2021

Tempting opportunity to own an amazing rental property right next to UNI campus! This five unit property has been immaculately maintained and is located just steps away from the university campus. Easily rented, this multi-unit home is the perfect place to start or grow your investment property portfolio!

Last Agent to Sell the Property

Phillip Shirk

AWRE - Commercial & Development License #B63101000 Listed on: 11/24/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,645

Year Built

  • Built in 1915

Lot Details

  • 6,600 Sq Ft Lot
  • Lot Dimensions are 50 x 132

Home Design

  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • Partially Finished Basement
  • Interior and Exterior Basement Entry
  • Laundry on lower level

Parking

  • 8 Open Parking Spaces
  • No Garage
  • Parking Available
  • On-Street Parking

Schools

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

Listing and Financial Details

  • Assessor Parcel Number 891413354018

Community Details

Overview

  • 5 Units

Building Details

  • Water Sewer Expense $993
  • Operating Expense $993
  • Gross Income $3,750
  • Net Operating Income $2,757

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,645

Year Built

Built in 1915

Lot Details

6,600 Sq Ft Lot

Listing Details

  • Parcel Number: 891413354018
  • Year Built: 1915
  • Property Sub-Type: Multi-Family 5+
  • PropertyType: Residential Income
  • ResoLaundryFeatures: Lower Level
  • Co List Office Phone: 319-269-2477
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 1380
  • Reso Roof: Asphalt
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Entrance-Inside, Entrance-Outside, Partially Finished
  • Below Grade Sq Ft: 600

Exterior Features

  • Construction Type: Vinyl Siding
  • Exterior Features: Sidewalk
  • Siding: Vinyl

Garage/Parking

  • Open Parking Spaces: 8
  • Parking Features: None, On Street, Parking Area, Parking Space, Street Parking

Utilities

  • Cooling: None
  • Sewer: City Sewer
  • Utilities: Cable in Rent, Electric in Rent, Garbage in Rent, Gas in Rent, Water in Rent
  • Water Source: City

Fee Information

  • Annual Water Sewer Expense: 993

Schools

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

Lot Info

  • Zoning: R-3
  • Lot Dimensions: 50 x 132
  • Lot Size Sq Ft: 6600

Rental Info

  • Tenant Pays: None
  • Lease Term: Other

Multi Family

  • Gross Income: 3750
  • Operating Expense: 993
  • Number Of Units Total: 5
  • Net Operating Income: 2757

Tax Info

  • Tax Annual Amount: 4645
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/08/2021 01/08/21 Sold $265,000 -5.3% $192 / Sq Ft
12/07/2020 12/07/20 Pending -- -- --
11/24/2020 11/24/20 For Sale $279,900 -- $203 / Sq Ft
Source: Northeast Iowa Regional Board of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $4,382 $323,730 $36,750 $286,980
2024 $4,382 $272,340 $24,500 $247,840
2023 $4,072 $272,340 $24,500 $247,840
2022 $4,854 $220,610 $29,400 $191,210
2021 $4,382 $220,610 $29,400 $191,210
2020 $4,644 $196,710 $29,400 $167,310
2019 $4,644 $167,310 $0 $167,310
2018 $4,938 $159,340 $0 $159,340
2017 $5,162 $159,340 $0 $159,340
2016 $5,172 $159,340 $0 $159,340
2015 $5,172 $159,340 $0 $159,340
2014 $5,448 $188,740 $29,400 $159,340
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20205857

Northeast Iowa Regional Board of REALTORS®

APN: 8914-13-354-018

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