2115 Walnut St, Cedar Falls, IA 50613
Property image
Property image
FOR SALE
0.3 ACRES

$419,000

Original price: $439,000
  • Studio
  • 4,760 sqft (on 0.30 acres)

2115 Walnut St, Cedar Falls, IA 50613

Est. Mortgage $2,741/mo*
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Home Highlights

Multi-Family
Built in 1900
0.3 acre lot
$88/sqft
10 Open Spaces

Local Information

  • Map ViewExplore the area around 2115 Walnut St.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

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.
Last check for updates: about 24 hours ago
Listing courtesy of Brian Wingert, (319) 404-4884
Structure Real Estate
Source: Northeast Iowa Regional BOR as distributed by MLS GRID, MLS#20260926
Also Listed on Northeast Iowa Regional BOR as distributed by MLS GRID.

Home Details for 2115 Walnut St

Interior Features

Interior Details
Basement: Exterior Entry
Dimensions and Layout
Living Area: 4760 Square Feet
Appliances & Utilities
Utilities: Cable Paid by Individual, Elec Individual Meters, Garbage Pd by Individual, Gas Individual Meters, Water - Multiple MetersLaundry: Lower Level
Heating & Cooling
No CoolingAir Conditioning: None

Exterior Features

Exterior Home Features
Roof: Rubber
Parking & Garage
Open Parking Spaces: 10Has Open ParkingParking Spaces: 10Parking: On Street,None
Water & Sewer
Sewer: Public Sewer
Finished Area
Finished Area (above surface): 2470 Square FeetFinished Area (below surface): 2470 Square Feet

Days on Market

Cumulative Days on Market: 86Days on Market: 180+

Property Information

Year Built
Year Built: 1900
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Apartment
Building
Construction Materials: Aluminum Siding
Property Information
Parcel Number: 891413306004

Price & Status

Price
List Price: $419,000Price Per Sqft: $88

Active Status

MLS Status: ACTIVE

Location

Direction & Address
City: Cedar Falls
School Information
Elementary School: Lincoln Elementary CFJr High / Middle School: Holmes Junior HighHigh School: Cedar Falls High

Agent Information

Listing Agent
Listing ID: 20260926

Building

Building Area
Building Area: 4760 Square Feet

Lot Information

Lot Area: 0.30 acres

Listing Info

Special Conditions: Standard

Business

Expense
Tenant Pays: Electricity, Trash Collection, Gas, Heat, Water

Miscellaneous

BasementMls Number: 20260926Above Grade Unfinished Area: 2470

Around this home

What Locals Say about Cedar Falls

At least 133 Trulia users voted on each feature.

  • 91 % Say car is needed

  • 88 % Say it's dog friendly

  • 82 % Say there are sidewalks

  • 80 % Say people would walk alone at night

  • 79 % Say yards are well-kept

  • 78 % Say there's holiday spirit

  • 77 % Say parking is easy

  • 69 % Say kids play outside

  • 66 % Say streets are well-lit

  • 66 % Say it's quiet

  • 54 % Say neighbors are friendly

  • 51 % Say there's wildlife

  • 43 % Say it's walkable to restaurants

  • 43 % Say they plan to stay for at least 5 years

  • 32 % Say it's walkable to grocery stores

  • 24 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Joe Tjaden
    "There are plenty of parks for the kids to play. The neighbours are friendly and helpful if needed. The city is clean and offer a lot of outdoor activities."
    0
    Flag
  • Tlwellman912
    "Retired. Moved to Cedar Falls to be near grandchildren. Nice area, plenty to do. It’s always hard moving to a new place. Our neighbors are very nice. "
    1
    Flag
  • Trulia User
    "I drive myself around in my car. Commute is quite good and this is so a very safe area to live in. Nice place to raise a family "
    0
    Flag
  • Krieger.mck
    "Good walking trails that lead to dog park. Lots of space to run in the yard. Neighbor dogs are friendly. "
    1
    Flag
  • Phil A.
    "No public park with swing sets near by. Also I wouldn’t have kids next to the river. The schools are likely best I the country try."
    4
    Flag
  • Mark
    "I live in the downtown, a very active and interesting area. We have a great number of friends and pets in our area."
    0
    Flag
  • Nolan P.
    "The neighborhood can be quiet at times, no counting the loud cars. It's kid friendly however people drive their cars very fast and can be reckless. "
    1
    Flag
  • Carol B. R.
    "Its quiet, and we don’t have too much traffic. There are plenty of walking trails available. It’s an open layout with plenty of yard space for room to roam and play. "
    3
    Flag
  • Carol B. R.
    "This neighborhood is close to a park and connects to multiple trails that are great for walking, running, and biking. "
    0
    Flag
  • Marvm28
    "You can drive to anything in Cedar Falls in 15 minutes or less. I have no experience with public transportation. "
    1
    Flag
  • Carol B. R.
    "We have neighborhood garage sales. It’s a great way to meet other neighbors and intermingle with people from nearby neighborhoods. We have a playground within walking distance and lots of trails close by. "
    3
    Flag
  • Molly S.
    "Great neighborhood for young families. Easy to get to restaurants and kid's events. Basic neighborhood. "
    0
    Flag
  • Andrea h.
    "It's safe, the community is friendly, lots of bike trails and parks, family friendly as well as being a college town with a happening night scene. Top notch schools, excellent locally run utilities/high speed wifi. The only downside is we're next to a couple college rental houses, our stuff has been stolen from your yard and noise wakes up my kids at night. Also high property taxes."
    1
    Flag
  • Krieger m.
    "It’s quiet and peaceful. There are restaurants nearby. It’s a great place to raise a family with kids and pets"
    0
    Flag
  • Lwd
    "A surprisingly walkable area of Cedar Falls. You can bike or even walk along Waterloo Ave/12th St. to get to downtown Cedar Falls. You can also easily get to UNI, Hartman Reserve and other areas by biking. The neighborhood is quiet and friendly."
    0
    Flag
  • ebony3cats
    "I live and work in this area. Park like settings. Most lots are approx. an acre in this section. Deer , fox, ducks, woodchucks, hawks, birds."
    0
    Flag
  • jkbkjk
    "Everybody is kind and lovely people in general. The town is quiet but not desolate, and has something for everyone."
    0
    Flag

Market trends in Cedar Falls

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$284K
$3.33KMoM
Sale-to-List Price
99.3%
0.3%MoM
Price per sq ft
$159
$2MoM
Available listings
149
15MoM

Home Value

Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
8001 University Ave, Cedar Falls, IA
0.38
Multi-Family Home
$260,000
11/25/25
-
3,304
8009-8011 University Ave, Cedar Falls, IA
0.37
Multi-Family Home
$310,000
09/29/25
-
2,688
1821 Clay St, Cedar Falls, IA
0.35
Multi-Family Home
$230,000
07/10/26
4
2
1,537
1328-1330 Delta Dr, Cedar Falls, IA
0.82
Multi-Family Home
$267,500
10/17/25
-
2,044
321 Clay St, Cedar Falls, IA
1.21
Multi-Family Home
$270,000
11/03/25
-
2,954
424 W 9th St, Cedar Falls, IA
0.85
Multi-Family Home
$100,000
11/12/25
-
2,013
930 W 1st St, Cedar Falls, IA
1.35
Multi-Family Home
$147,000
11/12/25
2
2
1,508
203-205 N Hackett Rd, Waterloo, IA
2.90
Multi-Family Home
$275,575
07/10/26
4
2
2,880

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
2121 Walnut St, Cedar Falls, IA 50613
0.02
$173,000
4
2
1,920
Recently Sold
624 W 22nd St, Cedar Falls, IA 50613
0.05
$221,900
3
2
1,664
Off Market
2115 Iowa St, Cedar Falls, IA 50613
0.07
$241,100
4
1.5
1,355
Off Market
2221 Olive St, Cedar Falls, IA 50613
0.10
$419,000
Studio
-
4,554
For Sale
Cedar Heights Dr, Cedar Falls, IA 50613
0.10
$3
Studio
-
-
For Sale
Lot 33 Vera Way, Cedar Falls, IA 50613
0.12
$130,000
-
-
-
For Sale
2315 Olive St, Cedar Falls, IA 50613
0.14
$199,900
9
3
3,514
Off Market
721 W 20th St, Cedar Falls, IA 50613
0.13
$179,700
4
2
1,247
Off Market
805 W Seerley Blvd, Cedar Falls, IA 50613
0.15
$256,700
8
6
3,816
Off Market
1733 Yale Pkwy, Cedar Falls, IA 50613
0.14
$123,800
-
-
-
Off Market
Bluegrass Cir, Cedar Falls, IA 50613
0.14
-
Studio
-
-
Off Market

Price and Tax history

DateEventPrice
Jun 1, 2026
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20260926
PriceChange
$419,000
Price decreased by 5%
Mar 9, 2026
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20260926
Listed For Sale
$439,000
Oct 15, 2025
Source: Zillow Rentals
ListingRemoved
$900
Sep 9, 2025
Source: Zillow Rentals
Listed For Rent
$900
Dec 28, 2010
Source: N/A
Sold
$307,000

LGBTQ Local Legal Protections

Brian Wingert, Structure Real Estate
Agent Phone: (319) 404-4884
IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.
Based on information submitted to the MLS GRID as of 2026-09-07 08:32:45 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information

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Frequently asked questions about 2115 Walnut St

  • What is the estimated monthly payment for 2115 Walnut St?
    Based on a $419,000 list price with 20% down at today's rates, the estimated monthly payment for 2115 Walnut St in Cedar Falls, IA is approximately $2,783 (about $2,223 principal & interest, $485 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • How does the list price for 2115 Walnut St compare to homes in Cedar Falls?
    2115 Walnut St in Cedar Falls, IA is listed at $419,000, about 48% above the $284K median sale price in Cedar Falls.
  • What do residents say about Cedar Falls?
    Residents describe Cedar Falls, IA as dog-friendly, pedestrian-friendly, and well-kept. See homes for sale in Cedar Falls, IA.
  • What are the closest schools to 2115 Walnut St?
    The closest schools to 2115 Walnut St in Cedar Falls, IA are Cedar Falls High School (rated 6/10), Holmes Junior High School (rated 9/10), Lincoln Elementary School (Pre-K, rated 8/10).
  • Does 2115 Walnut St have laundry facilities?
    Yes, 2115 Walnut St in Cedar Falls, IA has laundry facilities.
  • Does 2115 Walnut St have parking?
    Yes, 2115 Walnut St in Cedar Falls, IA has on-site parking.
2115 Walnut St, Cedar Falls, IA 50613 is a studio, 4,760 sqft multi-family built in 1900. This property is currently available for sale and was listed by Northeast Iowa Regional BOR as distributed by MLS GRID on Mar 9, 2026. The MLS # for this home is MLS# 20260926.