Occupied Two-Unit
For Sale
$165,000
721 Olive Street, Cedar Falls, IA 50613
Residential Income, Cedar Falls, IA
Property SizeContact for details
Lot Size0.10 Acres
Days on Market213
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
Bedroom 1, Bathroom 2, Bedroom 2, Bathroom 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 19
Last Checked: Aug 30 at 6:06AM
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 1920 duplex at 721 Olive Street provides two separate residential units arranged vertically. Each unit includes one bedroom and one bathroom, creating a straightforward two-unit configuration. The property is fully occupied and features vinyl siding, an asphalt roof, natural-gas forced-air heating, and window-unit cooling.
The 0.1-acre property is served by public water and public sewer. On-street parking is available, and the R-2 zoning supports its multifamily classification. Located in Cedar Falls, the property offers an existing residential income setup with a compact lot and established building improvements.
The 0.1-acre property is served by public water and public sewer. On-street parking is available, and the R-2 zoning supports its multifamily classification. Located in Cedar Falls, the property offers an existing residential income setup with a compact lot and established building improvements.
Key Highlights
- Two‑unit up‑and‑down duplex with one bedroom and one bathroom per unit
- Fully occupied residential property
- Built in 1920 on a 0.1‑acre lot
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
864
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Up-and-down residential layout with one bedroom and one bathroom in each unit, plus public utilities and on-street parking.
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: Two‑unit up‑and‑down duplex with one bedroom and one bathroom per unit; Fully occupied residential property; Built in 1920 on a 0.1‑acre lot
