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721 Olive Street, Cedar Falls, IA 50613

Local realty services provided by:CENTURY 21 Signature Real Estate
721 Olive Street,Cedar Falls, IA 50613
$175,000
  • - Beds
  • - Baths
  • 696 sq. ft.
  • Multi-family
  • Active
Listed by: christine taylor
Office: kw 1advantage
MLS#:20255776
Source:IA_NEIMLS

Price summary

  • Price:$175,000
  • Price per sq. ft.:$251.44

About this home

Fully leased multi-unit property in a highly sought-after Cedar Falls location—just minutes from the college campus and the lively downtown district. This well-kept duplex offers two 1-bed, 1-bath units. The upper unit rents for $900/month, and the lower unit brings in $1001/month. Owner pays for water and sewer and the average is between $145-$180 per month. With a solid rental history and unbeatable proximity to UNI, this is a true turnkey investment with reliable cash flow! Owner is a licensed agent in IA.

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Home facts

  • Year built:1920
  • Listing ID #:20255776
  • Added:53 day(s) ago
  • Updated:January 24, 2026 at 04:19 PM

Rooms and interior

  • Living area:696 sq. ft.

Heating and cooling

  • Cooling:Window Unit(s)
  • Heating:Forced Air

Structure and exterior

  • Roof:Asphalt
  • Year built:1920
  • Building area:696 sq. ft.
  • Lot area:0.1 Acres

Schools

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

Finances and disclosures

  • Price:$175,000
  • Price per sq. ft.:$251.44
  • Tax amount:$2,141

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