# 2221 Olive Street, Cedar Falls, IA 50613

> **TL;DR:** multi-family, $419,000, built 1930. Est. $2,241/mo. Listed 231 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $419,000 |
| Year Built | 1930 |
| Lot Size | 6,534 sqft (0.15 acres) |
| Property Type | Multi-Family (Apartment) |
| Status | Active |
| Days on Market | 231 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $2,119 |
| Estimated Insurance | $122 |
| **Total** | **$2,241** |

## Nearby Schools

- **Elementary:** Lincoln Elementary CF
- **Middle:** Holmes Junior High
- **High:** Cedar Falls High

## Property Highlights

- Built in 1930
- 0.15 acre lot

## Description

### Agent Description
Just a few steps from Campus, this 8 Unit Conversion is a cash-flow machine. With (6) 1 bed/1 bath units and 2 efficiency units, this property has cash flow potential over $5700/month. Currently the property has 2 vacancies, yet still generating $4175/mo.

## Location

- **Address:** 2221 Olive Street, Cedar Falls, IA 50613
- **County:** Black Hawk
- **Coordinates:** 42.517012, -92.454999
- **Google Maps:** https://www.google.com/maps?q=42.517012,-92.454999

## Listing Agent

- **Name:** Brian Wingert
- **Brokerage:** Structure Real Estate
- **Broker Phone:** (319) 260-2016
- **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/2221-Olive-St_Cedar-Falls_IA_50613_M89529-42815?f=listhub&s=WCFBORIA&m=20261029&c=propsimple)

## Photos

![2221 Olive Street - Photo 1](http://lh.rdcpix.com/2ba3688d3d0543ea23d7dbcbdb6f18edl-f2275812662r.jpg)

![2221 Olive Street - Photo 2](http://lh.rdcpix.com/2ba3688d3d0543ea23d7dbcbdb6f18edl-f53084114r.jpg)

![2221 Olive Street - Photo 3](http://lh.rdcpix.com/2ba3688d3d0543ea23d7dbcbdb6f18edl-f489164071r.jpg)

![2221 Olive Street - Photo 4](http://lh.rdcpix.com/2ba3688d3d0543ea23d7dbcbdb6f18edl-f253941558r.jpg)

![2221 Olive Street - Photo 5](http://lh.rdcpix.com/2ba3688d3d0543ea23d7dbcbdb6f18edl-f3777072584r.jpg)

![2221 Olive Street - Photo 6](http://lh.rdcpix.com/2ba3688d3d0543ea23d7dbcbdb6f18edl-f3566494509r.jpg)

![2221 Olive Street - Photo 7](http://lh.rdcpix.com/2ba3688d3d0543ea23d7dbcbdb6f18edl-f148657824r.jpg)

![2221 Olive Street - Photo 8](http://lh.rdcpix.com/2ba3688d3d0543ea23d7dbcbdb6f18edl-f476453960r.jpg)

![2221 Olive Street - Photo 9](http://lh.rdcpix.com/2ba3688d3d0543ea23d7dbcbdb6f18edl-f1501874145r.jpg)

![2221 Olive Street - Photo 10](http://lh.rdcpix.com/2ba3688d3d0543ea23d7dbcbdb6f18edl-f1694263771r.jpg)

![2221 Olive Street - Photo 11](http://lh.rdcpix.com/2ba3688d3d0543ea23d7dbcbdb6f18edl-f3448156572r.jpg)

![2221 Olive Street - Photo 12](http://lh.rdcpix.com/2ba3688d3d0543ea23d7dbcbdb6f18edl-f538763165r.jpg)

![2221 Olive Street - Photo 13](http://lh.rdcpix.com/2ba3688d3d0543ea23d7dbcbdb6f18edl-f1783755454r.jpg)

![2221 Olive Street - Photo 14](http://lh.rdcpix.com/2ba3688d3d0543ea23d7dbcbdb6f18edl-f1367892415r.jpg)

![2221 Olive Street - Photo 15](http://lh.rdcpix.com/2ba3688d3d0543ea23d7dbcbdb6f18edl-f1042751769r.jpg)

![2221 Olive Street - Photo 16](http://lh.rdcpix.com/2ba3688d3d0543ea23d7dbcbdb6f18edl-f3957048201r.jpg)

![2221 Olive Street - Photo 17](http://lh.rdcpix.com/2ba3688d3d0543ea23d7dbcbdb6f18edl-f2931530332r.jpg)

![2221 Olive Street - Photo 18](http://lh.rdcpix.com/2ba3688d3d0543ea23d7dbcbdb6f18edl-f1938641994r.jpg)

![2221 Olive Street - Photo 19](http://lh.rdcpix.com/2ba3688d3d0543ea23d7dbcbdb6f18edl-f818164820r.jpg)

![2221 Olive Street - Photo 20](http://lh.rdcpix.com/2ba3688d3d0543ea23d7dbcbdb6f18edl-f2636659227r.jpg)

![2221 Olive Street - Photo 21](http://lh.rdcpix.com/2ba3688d3d0543ea23d7dbcbdb6f18edl-f487104644r.jpg)

![2221 Olive Street - Photo 22](http://lh.rdcpix.com/2ba3688d3d0543ea23d7dbcbdb6f18edl-f1972365113r.jpg)

![2221 Olive Street - Photo 23](http://lh.rdcpix.com/2ba3688d3d0543ea23d7dbcbdb6f18edl-f1242599002r.jpg)

![2221 Olive Street - Photo 24](http://lh.rdcpix.com/2ba3688d3d0543ea23d7dbcbdb6f18edl-f3432486688r.jpg)

![2221 Olive Street - Photo 25](http://lh.rdcpix.com/2ba3688d3d0543ea23d7dbcbdb6f18edl-f919037588r.jpg)

![2221 Olive Street - Photo 26](http://lh.rdcpix.com/2ba3688d3d0543ea23d7dbcbdb6f18edl-f3121168379r.jpg)

![2221 Olive Street - Photo 27](http://lh.rdcpix.com/2ba3688d3d0543ea23d7dbcbdb6f18edl-f3904080005r.jpg)

![2221 Olive Street - Photo 28](http://lh.rdcpix.com/2ba3688d3d0543ea23d7dbcbdb6f18edl-f3004082973r.jpg)

![2221 Olive Street - Photo 29](http://lh.rdcpix.com/2ba3688d3d0543ea23d7dbcbdb6f18edl-f4151152003r.jpg)

![2221 Olive Street - Photo 30](http://lh.rdcpix.com/2ba3688d3d0543ea23d7dbcbdb6f18edl-f3397448766r.jpg)

---

**MLS#:** 20261029 | **Updated:** 2026-10-20
**Source:** listhub

*Copyright © 2026 Northeast Iowa Regional Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.ai/listing/2221-olive-street-cedar-falls-ia-50613-67451d770aee47c5ba021c7401a255d0)

---

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