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721 Olive Street

Cedar Falls, IA 50613
  • $175,000
  • STATUS: Active
  • ON SITE: 3 Days
  • MLS #: 20255776
New On Site 3 Days Ago
UPDATED: 28 min ago
$175,000
  • 0
    BEDS
  • 0.1
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1920
County:

School Information

Elementary School:
Middle School:
High School:

Description

Fully leased multi-unit property in a highly sought-after Cedar Falls locationjust 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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Listings courtesy of Northeast Iowa Regional Board of REALTORS as distributed by MLS GRID. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MLS GRID or Vine Valley Real Estate. The use of the MLS GRID Data may be subject to an end user license agreement prescribed by Northeast Iowa Regional Board of REALTOR and may be amended from time to time. MLS Grid  logo Based on information submitted to the MLS GRID as of 2025-12-05T09:41:45.357 (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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721 Olive Street Cedar Falls, IA 50613

  • Price: $175,000
  • Status: Active
  • On Site: 3 Days
  • Updated: 28 min ago
  • MLS #: 20255776
0
Beds
0
Baths
0
½ Baths
0.1
Acres
1920
Built
County:
Black Hawk
Elementary School:
Lincoln Elementary Waterloo
Middle School:
Holmes Junior High
High School:
Cedar Falls High
Property Description
Fully leased multi-unit property in a highly sought-after Cedar Falls locationjust 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.
Exterior Features

Construction Materials Vinyl Siding Lot Features Corner Lot Lot Size Dimensions 66x66 Open Parking Spaces 2 Parking Features Parking SpaceOn StreetNone Regular Irregular Reg Roof Asphalt Siding Vinyl

Interior Features

Above Grade Finished Area 696 Basement Block Below Grade Finished Area 696 Cooling Window Unit(s) Heating Forced AirNatural Gas Laundry Features Lower Level Levels Two Second Level Square Footage 696 Third Level Square Footage 0 Total Square Footage 1392

Property Features

Electric Separate By Unit Yes Flood Plain C/X - Not in Flood Plain For Sale Rent For Sale Fuel Type Natural Gas Heat Separate By Unit Yes Property Sub Type Duplex Sewer Public Sewer Special Listing Conditions Normal Sale Tax Annual Amount 2141 Tenant Pays Electricity Utilities Cable Paid by Individual Water Separate By Unit Yes Water Sewer Expense 180 Water Source Public Zoning R-2



Listings courtesy of Northeast Iowa Regional Board of REALTORS as distributed by MLS GRID. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MLS GRID or Vine Valley Real Estate. The use of the MLS GRID Data may be subject to an end user license agreement prescribed by Northeast Iowa Regional Board of REALTOR and may be amended from time to time. MLS Grid  logo Based on information submitted to the MLS GRID as of 2025-12-05T09:41:45.357 (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Click here for MLS GRID DMCA Notice
 
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Vine Valley Real Estate
808 E. 18th St.
Cedar Falls IA, 50613