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Listed by Emsad Begic • Vine Valley Real Estate

$ 769,000

Est. payment -/mo

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Active

2500 Olive ST Cedar Falls, IA 50613

4,344 SqFt

UPDATED:

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 4,344 sqft

Price per Sqft $177

MLS Listing ID 20255981

Year Built 1967

Annual Tax Amount $6,842

Lot Size 8,712 Sqft

Acres 0.2

Lot Dimensions 66x132

Property Sub-Type Apartment

Property Description

Looking for a stable multi-unit property in one of Cedar Falls' most reliable rental corridors. Look no further than this well-maintained 7-unit apartment building! Offering a strong blend of charm, functionality, and location. The property features a desirable unit mix that includes two-bedroom, one-bedroom, and studio apartments, appealing to a wide range of renters. A classic brick accent across the front adds curb appeal and character, while the setting provides convenient access to the University of Northern Iowa, nearby shopping, dining, and major employers with easy access to major roads for convenient commute. Several units have been updated with newer flooring and refreshed finishes, creating comfortable, modern living spaces while maintaining the building's original character. The variety in unit layouts supports flexibility for tenants, from roommates to individual residents, and the property has demonstrated consistent occupancy, reflecting ongoing demand in this area. All measurements approximate.

Location

State IA

County Black Hawk

Zoning R-3

Rooms

Basement Finished

Interior

Heating Baseboard

Cooling Central Air, Window Unit(s)

Fireplace N

Laundry None

Exterior

Parking Features Off Site, Parking Pad, Parking Space, None

Utilities Available Electric in Rent, Gas in Rent, Water in Rent

View Y/N true

Roof Type Asphalt

Building

Sewer Public Sewer

Water Public

Structure Type Vinyl Siding

Schools

Elementary Schools Lincoln Elementary Cf

Middle Schools Holmes Junior High

High Schools Cedar Falls High

Others

Acceptable Financing NBR20255981

Listing Terms NBR20255981

Special Listing Condition Normal Sale

NEARBY SCHOOL & BUSINESS

Amber Lesnick

Managing Broker/Owner

+1(515) 229-3402