2500 Olive St Cedar Falls, IA 50613
Estimated payment $4,615/month
Highlights
- Central Air
- Holmes Junior High School Rated A-
- Baseboard Heating
About This Home
Looking for a stable multi-unit property in one of Cedar Falls’ most reliable rental corridors. Look no further than this well-maintained 7-unit apartment building! Offering a strong blend of charm, functionality, and location. The property features a desirable unit mix that includes two-bedroom, one-bedroom, and studio apartments, appealing to a wide range of renters. A classic brick accent across the front adds curb appeal and character, while the setting provides convenient access to the University of Northern Iowa, nearby shopping, dining, and major employers with easy access to major roads for convenient commute. Several units have been updated with newer flooring and refreshed finishes, creating comfortable, modern living spaces while maintaining the building’s original character. The variety in unit layouts supports flexibility for tenants, from roommates to individual residents, and the property has demonstrated consistent occupancy, reflecting ongoing demand in this area. All measurements approximate.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,842
Year Built
- Built in 1967
Lot Details
- 8,712 Sq Ft Lot
- Lot Dimensions are 66x132
Home Design
- Brick Foundation
- Asphalt Roof
- Vinyl Siding
Parking
- 10 Open Parking Spaces
- No Garage
- Parking Available
- Off-Site Parking
Schools
- Lincoln Elementary Cf
- Holmes Junior High
- Cedar Falls High School
Utilities
- Central Air
- Window Unit Cooling System
- Baseboard Heating
Additional Features
- Finished Basement
Community Details
- 7 Units
- Water Sewer Expense $665
Listing and Financial Details
- Assessor Parcel Number 891413354015
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/17/2025 12/17/25 | For Sale | $769,000 | -- | $513 / Sq Ft |
Source: Northeast Iowa Regional Board of REALTORS®
MLS Number: NBR20255981
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