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For sale
  • Price cut: $10K (6/26)
    $220,000

    721 Olive St, Cedar Falls, IA 50613

    2beds
    2baths
    1,392sqft
    : 
    Duplex
    Built in 1920
    -- sqft lot
    $205,700 Zestimate®
    $158/sqft
    $-- HOA

    What's special

    Fully rented multi-unit property in a prime Cedar Falls location — just minutes from the college campus and vibrant downtown living. This well-maintained duplex features two 1 bed, 1 bath units. The upstairs unit is currently rented at $900/month, while the downstairs brings in $924/month. Strong rental history and excellent proximity to UNI make this a turnkey opportunity for steady cash flow!
    66 days
    on Zillow
    |
    213
    |
    12
    |

    Zillow last checked: 7 hours ago

    Listing updated: June 27, 2025 at 04:01am

    Listed by:

    Nicolas Moran 319-464-0028,

    Realty ONE Group Movement,

    Luann Moran 515-341-1310,

    Realty ONE Group Movement

    Source: Northeast Iowa Regional BOR,MLS#: 20252598MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 721 Olive St.

    Next available tour time:Tuesday at 12:30pm

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Window Unit(s)
    Appliances
    • Laundry: Lower Level
    Features
    • Basement: Block
    Interior area
    • Total structure area: 1,392
    • Total interior livable area: 1,392 sqft
    • Finished area above ground: 696
    • Finished area below ground: 696

    Property

    Parking
    • Total spaces: 2
    • Parking features: On Street, None
    • Uncovered spaces: 2
    Features
    • Levels: Two
    Lot
    • Size: 4,356 Square Feet
    • Dimensions: 66x66
    • Features: Corner Lot
    Details
    • Parcel number: 891412313006
    • Zoning: R-2
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex
    Materials
    • Vinyl Siding
    • Roof: Asphalt
    Condition
    • Year built: 1920

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Paid by Individual

    Community & HOA

    Location
    • Region: Cedar Falls

    Financial & listing details

    • Price per square foot: $158/sqft
    • Tax assessed value: $155,020
    • Annual tax amount: $2,141
    • Date on market: 6/5/2025
    • Tenant pays: Electricity
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