Please reload the page to update with the latest MLS information available.

Please reload the page to update with the latest MLS information available.

Please reload the page to update with the latest MLS information available.

Reload
 

2222 Walnut StreetCedar Falls, IA 50613

Multi-Family · 0.20 Acres
$499,900 ACTIVE

2222 Walnut Street Overview

Time on Site:
42 days
Visits:
2

Great investment property two blocks from the College Hill area. All five units have leases signed. Paved parking and coin operated laundry on site

Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
View Map

2222 Walnut Street Facts & Features

  • Type Multi-Family
  • Lot 0.20 Acres

Details

General

School Information

  • Elementary School: Lincoln Elementary CF
  • Middle Or Junior School: Holmes Junior High
  • High School: Cedar Falls High

Income/Expenses

  • Gross Income: 56566
  • Net Operating Income: 45190
  • Operating Expense: 11375
  • Water Sewer Expense: 3497

Building Information

  • Year Built: 1900

Location/Region

  • County Or Parish: Black Hawk

Rent/Lease Information

  • Lease Term: Over 9 Months
  • Tenant Pays: Electricity,Garbage Pick-up,Gas,Heat

Tax Information

  • Tax Annual Amount: 4077.14
  • Tax Assessed Value: 304440

General Information

  • Parcel Number: 891413311016
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Special Listing Conditions: Normal Sale
  • Zoning: R-4

Interior

Building Interior

  • Above Grade Finished Area: 1729
  • Below Grade Finished Area: 1540

General Information

  • Basement: Stone/Rock
  • Cooling: Central Air
  • Laundry Features: Lower Level

Exterior

Parking Information

  • Open Parking Spaces: 9
  • Parking Features: Parking Space,Paved,None

Lot Information

  • Lot Size Acres: 0.2
  • Lot Size Dimensions: 66x132
  • Lot Size Square Feet: 8712
  • Water Source: Public

Building Exterior/Construction

  • Construction Materials: Vinyl Siding
  • Roof: Asphalt

General Information

  • Number Of Units Total: 5
  • Sewer: Public Sewer
  • Utilities: Elec Individual Meters,Garbage Pd by Individual,Gas Individual Meters,Water in Rent

Unit Information

Unit 2 Details

  • Actual Rent: 1200
  • Beds Total: 3
  • Baths Total: 2
  • Garage Spaces: 0

Unit 4 Details

  • Actual Rent: 1300
  • Beds Total: 4
  • Baths Total: 1

Unit 1 Details

  • Actual Rent: 780
  • Beds Total: 2
  • Baths Total: 1
  • Garage Spaces: 0

Unit 3 Details

  • Actual Rent: 800
  • Beds Total: 0
  • Baths Total: 1

Unit 5 Details

  • Actual Rent: 850
  • Beds Total: 1
  • Baths Total: 1

2222 Walnut Street Neighborhood

Community

50613 (Cedar Falls) Demographics

28
Median Age
345
Population Density (per sq. mile)
58%
College Educated
$66,839
Estimated Median Income
10,860
Estimated Total Home Owners
5,483
Estimated Total Renters
66% / 34%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

2222 Walnut Street Monthly Cost

$
$ %
%
$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

2222 Walnut Street Market Data

Based on the last 30 days in this zip code

$378,817
Average List Price
$7,989
Average Price per Square Foot
57
Properties Sold
84
Average Days on Market
166
Properties for Sale
Calculations provided by Reliance Network

2222 Walnut Street History

Date Event Value Agent
5/18/2026Source: Northeast Iowa Regional MLS Added to Database
May 18, 2026
Listing provided courtesy of Berkshire Hathaway Home Services One Realty CentreNortheast Iowa Regional MLS- MLS# 20262163MLS Provider