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Multifamily Apartment Building with Laundry

2222 Walnut Street Cedar Falls, IA 50613

2222 Walnut Street, Cedar Falls, IA, 50613
$499,900
For Sale
$499,900

MULTI_FAMILY - Cedar Falls, IA

Lot Size0.20 Acres
Days on Market61

Property Features for 2222 Walnut Street

General Information

Property type
Residential Multi Family
Property subtype
Apartment
Zoning
R-4
Bedrooms
10
Bathrooms
6
Rooms
Bedroom 6, Bedroom 8, Bedroom 2, Bathroom 5, Bathroom 6, Bedroom 4, Bathroom 1, Bedroom 5, Bathroom 2, Bathroom 3, Bedroom 10, Bathroom 4, Bedroom 9, Bedroom 1, Bedroom 7, Bedroom 3
Standard status
Active
APN
891413311016
Lot size
0.20 Acres

Taxes and HOA fees

Tax Description
As Per Abstract / Normal Addition Lot15 Blk 11
Tax Annual Amount
4077

Utilities

Sewer type
Public Sewer
Cooling system
Central Air
Water source
Public

Building Details

Year built
1900
Number of units
5
Building materials
Vinyl Siding
Roof type
Asphalt
Listing Agency Berkshire Hathaway Home Services One Realty Centre
1118 Ansborough Ave, Waterloo, IA
Listed by Cody Hamann
Added: May 18 Checked: Jul 17 at 1:06 pm
MLS# 20262163 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 multifamily apartment building consists of five units, with leases currently signed for all units. The property includes paved parking for tenants and coin-operated laundry on site, providing day-to-day convenience for residents.

The building is located in Cedar Falls, Iowa, on Walnut Street, approximately two blocks from the College Hill area. The property is zoned R-4.

For buyers seeking an income-producing residential rental with existing leases in place, this five-unit configuration offers a straightforward setup. On-site coin-operated laundry and paved parking are built-in amenities that support resident use without requiring shared off-site arrangements.

Key Highlights

  • 5‑unit investment property with leases signed for all units
  • Two blocks from the College Hill area
  • Paved on‑site parking and coin‑operated laundry

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

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

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

FAQs

What type of property is this?
Apartment building - Five leased units in Cedar Falls with paved parking and on-site coin-operated laundry.
Where is this apartment building located?
The property is located at 2222 Walnut Street Cedar Falls, IA.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: 5‑unit investment property with leases signed for all units; Two blocks from the College Hill area; Paved on‑site parking and coin‑operated laundry
Contact an agent
More about this property
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