317 20th Street #319, Ames, IA 50010
See all 35 photos
317 20th Street #319, Ames, IA 50010
317 20th Street #319, Ames, IA 50010
317 20th Street #319, Ames, IA 50010
317 20th Street #319, Ames, IA 50010
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 257,000
Est. payment /mo
Save
New

317 20th Street #319 Ames, IA 50010

3 Beds

2 Baths

1,740 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,740 sqft

Price per Sqft $147

MLS Listing ID 742047

Style One and One Half Story

Bedrooms 3

Full Baths 2

HOA Y/N No

Year Built 1900

Annual Tax Amount $2,554

Lot Size 10,001 Sqft

Acres 0.2296

Property Description

Ames investment opportunity with strong rental history and leases already secured through July 2027. This historic brick duplex offers immediate cash flow with future rental increases already in place, making it an attractive addition to an investment portfolio. The property consists of two units, including a main level 2 bedroom, 1 bathroom unit currently rented for $850/month and renewing at $900/month next lease term, along with an upper-level 1 bedroom, 1 bathroom unit currently rented for $600/month. Both units feature hardwood flooring, appliances included, and functional layouts full of original character and charm. Additional features include a full basement with laundry hookups, newer driveway aiding in plenty of off-street parking, private yard space, and a unique brick exterior that gives the property standout character. Current gross rental income totals $1,450/month with upside potential already built in. Whether you are looking to expand your portfolio or add a stable income-producing property with long-term value, this duplex is worth a look. Property sold AS IS.

Location

State IA

County Story

Area Ames

Zoning RL

Rooms

Basement Unfinished

Interior

Heating Forced Air, Gas, Natural Gas

Cooling Central Air

Flooring Tile

Fireplace No

Appliance Refrigerator, Stove

Exterior

Community Features Sidewalks

Utilities Available Electricity Available, Natural Gas Available, Water Available

Roof Type Asphalt,Shingle

Private Pool No

Building

Lot Description Rectangular Lot

Entry Level One and One Half

Foundation Brick/Mortar

Sewer Public Sewer

Water Public

Level or Stories One and One Half

Schools

School District Ames

Others

Tax ID 0535178090

Monthly Total Fees $212

Security Features Smoke Detector(s)

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional


Listed by RE/MAX Real Estate Center
Ryan Hall-Floden

Ryan Hall-Floden

Agent

+1(515) 605-7355

GET MORE INFORMATION

Name
Phone*
Message

Go tour this home

317 20th Street #319