Cash-Flowing Multifamily Near
2221 Olive Street Cedar Falls, IA 50613
2221 Olive Street, Cedar Falls, IA, 50613
$419,000
For Sale
$419,000
MULTI_FAMILY - Cedar Falls, IA
Lot Size0.15 Acres
Days on Market124
Property Features for 2221 Olive Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Apartment
- Zoning
- R-M
- Parking features
- On Street
- Basement
- Partially Finished
- Standard status
- Active
- APN
- 891413309006
- Lot size
- 0.15 Acres
Taxes and HOA fees
- Tax Description
- AUDITORS PLAT NO 18 CF LOT 10 NORMAL ADDITION LOT 4 BLK 9
- Tax Annual Amount
- 5389
Utilities
- Sewer type
- Public Sewer
- Water source
- Public
Building Details
- Year built
- 1930
- Number of units
- 8
- Building materials
- Wood Siding
- Roof type
- Asphalt
Listing Agency
Structure Real Estate
(319) 260-2016
201 Washington Street, Cedar Falls, IA
Listed by
Brian Wingert · License #B60468000
(319) 404-4884
Added: Mar 16 Checked: Jul 17 at 4:06 pm
MLS# 20261029
Listing URL
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 eight-unit multifamily property is located a few steps from campus. It features six one-bedroom, one-bathroom units and two efficiency units. The property has a cash flow potential of over $5700 per month. Currently, with two vacancies, the property generates $4175 per month. The lot size is 0.15 acres. The zoning is R-M.
Key Highlights
- High cash flow potential: Projected to generate over $5700/month when fully occupied.
- Existing cash flow: Currently generating $4175/month despite 2 vacancies.
- Proximity to campus: Located just steps from the university campus.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Apartment buildings
Similar For Sale Nearby
FAQs
What type of property is this?
Apartment building - Eight-unit multifamily property near campus with strong income potential.
Where is this apartment building located?
The property is located at 2221 Olive Street Cedar Falls, IA.
What is the asking price?
The asking price for this property is $419,000.
What are key features of this property?
This property features: High cash flow potential: Projected to generate over $5700/month when fully occupied.; Existing cash flow: Currently generating $4175/month despite 2 vacancies.; Proximity to campus: Located just steps from the university campus.
