For sale

$439,000

2115 Walnut St, Cedar Falls, IA 50613

--beds

--baths

4,760sqft

Est.:

Apartment

Built in 1900

-- sqft lot

$-- Zestimate^®

$92/sqft

$-- HOA

What's special

6-unit rental property in great college hill area location. (4) 2 bed/1 bath units and (2) 1 bed/1 bath units. $4245/ mo current rent with 5 of the 6 units rented. Market Rent at full occupancy is $5095/mo. Coin operated laundry on site in basement. 10 concrete parking spots off the alley.

23 days

464

11

Tour with a local agent

Facts & features

Interior

Cooling

None

Appliances

Laundry: Lower Level

Features

Basement: Exterior Entry

Interior area

Total structure area: 4,760
Total interior livable area: 4,760 sqft
Finished area above ground: 2,470
Finished area below ground: 2,470

Property

Parking

Total spaces: 10
Parking features: On Street, None
Uncovered spaces: 10

Lot

Size: 0.3 Acres
Dimensions: 99x132

Details

Parcel number: 891413306004
Zoning: R-M
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Apartment

Materials

Aluminum Siding
Roof: Rubber

Condition

Year built: 1900

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Cable Paid by Individual, Elec Individual Meters, Garbage Pd by Individual, Gas Individual Meters, Water - Multiple Meters

Community & HOA

Location

Region: Cedar Falls

Financial & listing details

Price per square foot: $92/sqft
Tax assessed value: $391,510
Annual tax amount: $5,210
Date on market: 3/9/2026
Cumulative days on market: 23 days
Lease term: Over 9 Months
Tenant pays: Electricity, Trash Collection, Gas, Heat, Water

Estimated market value

Not available

Estimated sales range

Not available

$1,214/mo

Price history

Date	Event	Price
3/9/2026	Listed for sale	$439,000+43%$92/sqft
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20260926 Report a problem
10/15/2025	Listing removed	$900
Source: Zillow Rentals Report a problem
9/9/2025	Listed for rent	$900
Source: Zillow Rentals Report a problem
12/28/2010	Sold	$307,000$64/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$5,210 +2.9%	$391,510 +20.9%
2024	$5,062 -3.2%	$323,780
2023	$5,232 -16.1%	$323,780 +14.2%
2022	$6,236 +9.6%	$283,400
2021	$5,687 -5.6%	$283,400 +11%
2020	$6,027 +0.5%	$255,250 +29.5%
2019	$6,000 -6.7%	$197,040 +5%
2018	$6,433 0%	$187,660
2017	$6,434 -4.5%	$187,660
2016	$6,736	$187,660
2015	$6,736 -10.1%	$187,660 -23.7%
2014	$7,492 -8.1%	$245,870
2012	$8,153 -8.3%	$245,870
2011	$8,895 -1.9%	$245,870 -4.6%
2010	$9,069 +1.2%	$257,610
2009	$8,964 -1.7%	$257,610
2008	$9,115 +8.6%	$257,610 +8.4%
2007	$8,394 +0.1%	$237,550
2006	$8,386 +29.7%	$237,550
2005	$6,468 +15.5%	$237,550 +56.5%
2003	$5,601 +3.7%	$151,790
2002	$5,402 -6.6%	$151,790
2001	$5,781	$151,790

Find assessor info on the county website

BuyAbility℠ payment

Est. payment

$2,729/mo

Principal & interest

$2220

Property taxes

$509

More affordability tools

Climate risks

Neighborhood: 50613

Getting around

75 / 100

Very Walkable

31 / 100

Some Transit

61 / 100

Bikeable

Nearby schools

GreatSchools rating

6/10
Lincoln Elementary School
Grades: PK-6Distance: 1 mi
9/10
Holmes Junior High School
Grades: 7-9Distance: 1.4 mi
7/10
Cedar Falls High School
Grades: 10-12Distance: 0.8 mi

Schools provided by the listing agent

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

Source: Northeast Iowa Regional BOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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