2503 Olive St, Cedar Falls, IA, 50613
About This Home
Located just one block from UNI campus, this investment property generates consistent revenue! All units are well-maintained with recent updates. Offering two three-bedroom units and two one-bedroom units, this versatile complex provides options for all students. All four units have dishwasher, stove, and refrigerator. On-site laundry available for tenants to use with coins. Walking distance to restaurants, coffee shops, campus, the UNI bookstore, and College Hill nightlife. This is a great property to add to your investment portfolio! Schedule a showing today.
Getting Around
Very Walkable
Some Transit
BikeableSchools
Construction
Condition
- Year built: 1890
Materials
- Roof: Asphalt
- Construction materials: Vinyl Siding
Type & Style
- Home type: MultiFamily
- Property subType: Quadruplex
Interior
Appliances
- Laundry features: Laundry Room,Lower Level
Basement
- Has basement: Yes
- Basement: Partially Finished,Walk-Out Access
Bedrooms & Bathrooms
- Bedrooms: 8
- Bathrooms: 4
Cooling
- Cooling features: Window Unit(s)
Features
- Finished area below ground: 500
- Finished area above ground: 1,149
Interior Area
- Total structure area: 3,298
- Total interior livable area: 3,298 sqft
Property
Details
- Parcel number: 891413357003
- Zoning: R-4
- Special condition: Standard
Features
- Patio & porch: Deck-Multi-Level
Lot
- Lot size: 5,561 sqft
- Lot size dimensions: .128
Parking
- Parking features: On Street,None
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Strong Wind
- Tornado
- Winter Weather
- Hail
How This Home’s Risks Compare
FEMA Declared Disasters Across Iowa Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,395 | $16,740 |
| Home Insurance * | $178 | $2,136 |
| Property Taxes | $295 | $3,540 |
| Electricity | $246 | $2,952 |
| Total | $2,114 | $25,368 |
Income You'd Need if You Spent...
Iowa FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-07 | Price change | $295,000 |
| 2026-04-03 | Listing removed | $575 |
| 2026-03-25 | Price change | $575 |
| 2026-03-03 | Price change | $685 |
| 2026-01-08 | Listed for sale | $312,500 |
| 2026-01-01 | Listing removed | $309,500 |
| 2025-12-19 | Listed for rent | $700 |
| 2025-09-06 | Listed for sale | $309,500 |
| 2025-08-26 | Pending sale | $309,500 |
| 2025-06-13 | Listed for sale | $309,500 |
| 2025-06-12 | Listing removed | $310,000 |
| 2025-05-28 | Price change | $310,000 |
| 2025-05-02 | Price change | $324,900 |
| 2025-01-17 | Listed for sale | $340,000 |
| 2024-08-08 | Listing removed | -- |
| 2024-07-18 | Price change | $348,000 |
| 2024-06-12 | Listed for sale | $360,000 |
| 2024-01-01 | Listing removed | -- |
| 2023-10-13 | Price change | $359,000 |
| 2023-08-17 | Listed for sale | $370,000 |
| 2020-12-15 | Sold | $310,000 |
| 2020-10-30 | Pending sale | $346,500 |
| 2020-10-06 | Price change | $346,500 |
| 2020-08-14 | Price change | $351,500 |
| 2020-07-20 | Listed for sale | $350,000 |
| 2009-03-18 | Sold | $100,000 |
| 2004-11-12 | Sold | $97,000 |
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