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    2503 Olive St Cedar Falls, IA 50613

    For Sale
    $309,500

    MULTI_FAMILY - Cedar Falls, IA

    Lot size:
    0.13 Acres
    Days on Market:
    89
    Last Refresh:
    Dec 5 at 3:06 pm

    Property Features for 2503 Olive St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    R-4
    Rooms
    Bathroom 3, Bedroom 5, Bedroom 1, Bedroom 7, Bedroom 4, Bathroom 1, Bedroom 8, Bedroom 3, Bathroom 4, Bathroom 2, Bedroom 6, Bedroom 2
    Bedrooms
    8
    APN
    891413357003
    Parking features
    On Street
    Patio and Porch features
    Deck
    Exterior features
    Deck-Multi-Level
    Basement
    Partially Finished, Walk-Out Access
    Lot size
    0.13 Acres

    Utilities

    Sewer type
    Public Sewer
    Cooling system
    Window Unit(s)
    Water source
    Public

    Building Details

    Year built
    1890
    Number of units
    4
    Building materials
    Vinyl Siding
    Roof type
    Asphalt

    Lockard Realty Co. (319) 493-4000 [email protected]

    Listing agent Michael Taylor (319) 277-8000

    Listing date Sep 8, 2025

    MLS# 20252770 Listing URL

    Copyright © 2025 Northeast Iowa Regional Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Cedar Falls Multifamily Investment Property

    Located one block from the UNI campus in Cedar Falls, Iowa, this multifamily investment property generates consistent revenue. The property features two three-bedroom units and two one-bedroom units. Each unit includes a dishwasher, stove, and refrigerator. On-site laundry facilities are available for tenant use. The property is within walking distance of restaurants, coffee shops, the UNI bookstore, and College Hill nightlife. The zoning is R-4.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cedar Falls
    County
    Black Hawk
    State
    Iowa
    Longitude
    -92.455003
    Latitude
    42.514812

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    FAQs

    What type of property is this?
    Quadplex - Multifamily property near UNI campus with consistent revenue.
    Where is this quadplex located?
    The property is located at 2503 Olive St Cedar Falls, IA.
    What is the asking price?
    The asking price for this property is $309,500.
    What are key features of this property?
    This property features: - One block from UNI campus, ideal for student rentals.; - Consistent revenue generation as an investment property.; - Four units: **two 3-bedroom and two 1-bedroom, offering versatility.**
    (319) 277-8000
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2503 Olive St Cedar Falls, IA 50613
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