Back to Search
Fourplex Investment Property

2504 Olive Street Cedar Falls, IA 50613

2504 Olive Street, Cedar Falls, IA, 50613
$235,000
For Sale
$235,000

MULTI_FAMILY - Cedar Falls, IA

Lot Size0.20 Acres
Days on Market21

Property Features for 2504 Olive Street

General Information

Property type
Residential Multi Family
Property subtype
Quadruplex
Zoning
R-4
Bedrooms
6
Bathrooms
4
Rooms
Bathroom 2, Bedroom 3, Bedroom 5, Bathroom 1, Bedroom 2, Bathroom 3, Bedroom 6, Bathroom 4, Bedroom 4, Bedroom 1
Exterior features
Covered
Standard status
Active
APN
89143354010
Lot size
0.20 Acres

Taxes and HOA fees

Tax Description
NORMAL ADDITION LOT 13 BLK 20
Tax Annual Amount
2935

Utilities

Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Cooling system
Central Air
Water source
Public

Building Details

Year built
1890
Floors in Building
2
Number of units
4
Building materials
Vinyl Siding
Roof type
Asphalt
Listing agency RE/MAX Concepts - Cedar Falls
Listed by Deanna Wheeler, GRI, CNE, CRS · License #B28309000
Added: Jul 2 Updated: Jul 17 at 10:25AM Checked: Jul 22 at 12:06AM
MLS# 20263024

Copyright © 2026 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.


Investment Insights

Based on property information with market context.

This fourplex includes three 1-bedroom apartments and one 2-bedroom apartment. The units are fully rented through May 2027. Appliances are included in each unit, and utilities are included except for internet.

The property is located at 2504 Olive Street in Cedar Falls, Iowa, on a 0.2-acre lot. Access and off-street parking are provided through an alley way at the rear, supporting convenient ingress and egress.

With the current rental occupancy and unit mix, this property may be a practical fit for buyers looking for a small residential income asset. The provided inclusions for appliances and most utilities can help simplify tenant costs and leasing conversations, while the rear alley access supports everyday parking and move-in activity.

Key Highlights

  • Four‑plex with three 1‑bedroom units and one 2‑bedroom unit
  • All units are fully rented through May 2027
  • All appliances included in each unit; utilities included except internet

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Law Firm Dental Office Electrical Service Grocery & Convenience Store Barber Shop Auto Parts Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Locksmith Kitchen & Bath Showroom

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

FAQs

What type of property is this?
Quadplex - Four-unit rental building with three 1-bedroom and one 2-bedroom apartment, fully rented through May 2027.
Where is this quadplex located?
The property is located at 2504 Olive Street Cedar Falls, IA.
What is the asking price?
The asking price for this property is $235,000.
What are key features of this property?
This property features: Four‑plex with three 1‑bedroom units and one 2‑bedroom unit; All units are fully rented through May 2027; All appliances included in each unit; utilities included except internet
Contact an agent
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message