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2221 Olive Street, Cedar Falls, IA 50613

Cedar Falls
Local realty services provided by:CENTURY 21 BW Preferred, Inc.
2221 Olive Street,Cedar Falls, IA 50613
$479,000
  • - Beds
  • - Baths
  • 1,713 sq. ft.
  • Multi-family
  • Active
Listed by: brian wingert
Office: structure real estate
MLS#:20261029
Source:IA_NEIMLS

Price summary

  • Price:$479,000
  • Price per sq. ft.:$279.63

About this home

Just a few steps from Campus, this 8 Unit Conversion is a cash-flow machine. With (6) 1 bed/1 bath units and 2 efficiency units, this property has cash flow potential over $5700/month. Currently the property has 2 vacancies, yet still generating $4175/mo.

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Home facts

  • Year built:1930
  • Listing ID #:20261029
  • Added:38 day(s) ago
  • Updated:April 24, 2026 at 12:33 AM

Rooms and interior

  • Basement:Yes
  • Basement Description:Partially Finished
  • Living area:1,713 sq. ft.

Structure and exterior

  • Roof:Asphalt
  • Year built:1930
  • Building area:1,713 sq. ft.
  • Lot area:0.15 Acres
  • Construction Materials:Wood Siding

Schools

  • High school:Cedar Falls High
  • Middle school:Holmes Junior High
  • Elementary school:Lincoln Elementary CF

Utilities

  • Water:Water in Rent

Finances and disclosures

  • Price:$479,000
  • Price per sq. ft.:$279.63
  • Tax amount:$5,389

Parking

  • Parking description:On Street

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