Duplex with One-Bedroom
For Sale
$165,000
721 Olive Street, Cedar Falls, IA 50613
MULTI_FAMILY - Cedar Falls, IA
Property SizeContact for details
Lot Size0.10 Acres
Days on Market200
Property Features for 721 Olive Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R-2
Bedrooms
2
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bathroom 2, Bedroom 2, Bedroom 1
Parking features
On Street
Basement
Block
Elementary school
Lincoln Elementary CF
Middle school
Holmes Junior High
High school
Cedar Falls High
Standard status
Active
APN
891412313006
Lot size
0.10 Acres
Taxes and HOA fees
Tax Description
J M OVERMANS ADDITION S 1/2 LOT 3 BLK 4
Tax Annual Amount
2203
Legal Description
J M OVERMANS ADDITION S 1/2 LOT 3 BLK 4
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air
Cooling system
Window Unit(s)
Water source
Public
Building Details
Year built
1920
Floors in Building
2
Number of units
2
Building materials
Vinyl Siding
Roof type
Asphalt
Listing Agency:
Structure Real Estate
(319) 260-2016
Listed By:
Bobby Kastli, Jr · License #S63615000
(319) 239-9877
Added: Jan 29
Changed: Aug 13
Last Checked: Aug 17 at 5:06AM
MLS# 20260382
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 up-down duplex offers two one-bedroom, one-bath units, with one unit on the main floor and the other unit upstairs. The property is fully occupied. Construction features include vinyl siding and an asphalt roof. Heating is provided by forced air systems using natural gas, and cooling is via window unit(s).
The duplex sits on a 0.1-acre lot zoned R-2. Utilities include public water and public sewer. Parking is available on-street.
Built in 1920, the home’s layout provides separate bedroom and bathroom spaces for each unit, supporting straightforward rental use as an owner-occupied or investor property.
The duplex sits on a 0.1-acre lot zoned R-2. Utilities include public water and public sewer. Parking is available on-street.
Built in 1920, the home’s layout provides separate bedroom and bathroom spaces for each unit, supporting straightforward rental use as an owner-occupied or investor property.
Key Highlights
- Fully occupied up‑down duplex with one‑bedroom, one‑bath units
- One unit on the main floor and one unit upstairs
- Zoned R‑2
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
495
Businesses Nearby
Explore this area
Business Placement
Demographics for 50613, IA
43,667
Population
17,808
Households
2.5
Avg Household Size
32
Median Age
48%
College-Educated
97%
High-School Grad
127.6 sq mi
ZIP Area
342
Density / Sq Mi
$75,642
Median Household Income
$33,099
Median Earnings
$1,176
Median Rent
$258,300
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Up-down duplex in R-2 zoning, fully occupied with one-bedroom, one-bath units on both levels.
Where is this duplex located?
The property is located at 721 Olive Street Cedar Falls, IA.
What is the asking price?
The asking price for this property is $165,000.
What are key features of this property?
This property features: Fully occupied up‑down duplex with one‑bedroom, one‑bath units; One unit on the main floor and one unit upstairs; Zoned R‑2
