Quadplex Near UNI
For Sale
$265,900
2503 Olive Street, Cedar Falls, IA 50613
Residential Income, Cedar Falls, IA
Property SizeContact for details
Lot Size0.13 Acres
Days on Market50
Property Features for 2503 Olive Street
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Zoning
R-4
Bedrooms
8
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 7, Bedroom 1, Bathroom 2, Bedroom 5, Bathroom 4, Bathroom 3, Bedroom 4, Bedroom 2, Bedroom 3, Bedroom 6, Bathroom 1, Bedroom 8
Parking features
On Street
Patio and Porch features
Deck
Exterior features
Deck-Multi-Level
Basement
Partially Finished, Walk-Out Access
Elementary school
Lincoln Elementary Waterloo
Middle school
Holmes Junior High
High school
Cedar Falls High
Standard status
Active
APN
891413357003
Lot size
0.13 Acres
Taxes and HOA fees
Tax Description
AUDITORS PLAT NO 18 CF LOT 41LOT 48 LOT 49 NORMAL ADDITIONLOT 6 BLK 21
Tax Annual Amount
3707
Legal Description
AUDITORS PLAT NO 18 CF LOT 41LOT 48 LOT 49 NORMAL ADDITIONLOT 6 BLK 21
Utilities
Sewer type
Public Sewer
Cooling system
Window Unit(s)
Water source
Public
Amenities
on-site laundry
Building Details
Year built
1890
Number of units
4
Building materials
Vinyl Siding
Roof type
Asphalt
Listing Agency:
Lockard Realty Company
(319) 277-8000
Listed By:
Michael Taylor · License #S40482
(319) 239-3659
Added: Jul 5
Changed: Aug 21
Last Checked: Aug 23 at 3:06PM
MLS# 20263036
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 R-4-zoned quadplex contains four residential units: two three-bedroom units and two one-bedroom units. Each unit includes a dishwasher, stove, and refrigerator, while shared coin-operated laundry is available on site. The property features vinyl siding, asphalt roofing, window-unit cooling, a deck, and public water and sewer service. Recent updates have been completed, and parking is available on the street.
The 0.1277-acre property is located one block from the University of Northern Iowa campus. Restaurants, coffee shops, the UNI bookstore, and College Hill nightlife are all within walking distance, providing convenient access to student-oriented services and entertainment. Built in 1890, the property offers a four-unit configuration in a campus-adjacent setting.
The 0.1277-acre property is located one block from the University of Northern Iowa campus. Restaurants, coffee shops, the UNI bookstore, and College Hill nightlife are all within walking distance, providing convenient access to student-oriented services and entertainment. Built in 1890, the property offers a four-unit configuration in a campus-adjacent setting.
Key Highlights
- Four‑unit configuration with two three‑bedroom units and two one‑bedroom units
- Located one block from the University of Northern Iowa campus
- All units include a dishwasher, stove, and refrigerator
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
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?
Quadplex - Four-unit residential property with updated interiors, shared coin-operated laundry, and walkable access to campus amenities.
Where is this quadplex located?
The property is located at 2503 Olive Street Cedar Falls, IA.
What is the asking price?
The asking price for this property is $265,900.
What are key features of this property?
This property features: Four‑unit configuration with two three‑bedroom units and two one‑bedroom units; Located one block from the University of Northern Iowa campus; All units include a dishwasher, stove, and refrigerator
