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Investment - Homes for Sale in Ames, IA

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  • /22

    $295,000

    • Studio
    • 2 Baths
    • 1,914 Sq Ft

    1308 Idaho Ave, Ames, IA 50014

    Great opportunity for investment or house hacking! Side by side duplex with each side consisting of 2 bedrooms and a full bathroom with in-unit laundry on the 2nd floor and a living room, dining area, and kitchen on the main floor! Spacious backyard area and attached 1 car garage for your vehicle! Newer roof and siding! All information obtained from seller and public records.

    Agent Photo

    Chris Kew

    RE/MAX Precision

    (515) 808-7240

    1308 Idaho Ave, Ames, IA 50014
  • /3

    $1,200,000

    • 7,904 Sq Ft

    4524 Steinbeck St, Ames, IA 50014

    Modern & Spacious 8-Plex in West Ames. Outstanding investment opportunity in West Ames! This well-maintained 8-plex features eight 3-bedroom, 2-bathroom units, each offering a spacious and functional layout. Lower-level units include patios, while upper-level units feature decks and vaulted ceilings, adding a sense of openness. All units are equipped with in-unit laundry for added tenant

    John Livingston Hunziker & Assoc.-Ames

    4524 Steinbeck St, Ames, IA 50014
  • /24

    $235,000

    • 5 Beds
    • 2 Baths
    • 1,298 Sq Ft

    811 Grand Ave, Ames, IA 50010

    Welcome to this beautifully maintained investment property. This 5-bedroom, 2-bathroom home is located right in the heart of Ames! Featuring an updated kitchen and new vinyl plank flooring in the living and dining areas, this home offers a perfect blend of modern updates and classic charm.Upstairs, you'll find three spacious bedrooms and a large tiled bathroom, ideal for comfortable family

    Alex Hinrichsen RE/MAX REAL ESTATE CENTER

    811 Grand Ave, Ames, IA 50010
  • /13

    $210,000

    • 3 Beds
    • 1 Bath
    • 1,040 Sq Ft

    3002 Woodland St, Ames, IA 50014

    Attention ISU parents: Here is an excellent opportunity to purchase this home for your students housing needs for next year and get excellent rent until next school year. Smart move on your part or an investor!. Here is your rare opportunity to own an investment property just steps from ISU Campus! Professionally rented for the coming season. Currently rented to ISU staff member with rent of

    Patrick Weigel Hunziker & Assoc.-Ames

    3002 Woodland St, Ames, IA 50014
  • /22

    $249,500

    • 3 Beds
    • 1.5 Baths
    • 1,448 Sq Ft

    2112 Furman Dr, Ames, IA 50010

    Charming Ranch Home in Ames - Great Location Near Schools & Shopping! Welcome to this inviting 3-bedroom, 2-bath ranch in the heart of Ames, offering 1,448 sq. ft. of comfortable living space with plenty of potential to grow. Whether you're looking for a place to call home or an excellent rental property investment, this one checks all the boxesSpacious open layout with natural light

    Karlai Thornburg Friedrich Iowa Realty

    2112 Furman Dr, Ames, IA 50010
  • /27

    $3,295,000

    • Studio
    • 43 Baths
    • 13,090 Sq Ft

    3500 Grand Ave, Ames, IA 50010

    Incredible investment opportunity in Ames, Iowa, a thriving college town with strong rental demand and easy accessibility to the Iowa State University campus. This property includes 43 total units across two well-maintained buildings, offering a desirable mix of 22 two-bedroom units and 21 one-bedroom units. Each unit features a full bath along with a refrigerator, stove, and dishwasher.

    Ethan Hokel Century 21 Signature

    3500 Grand Ave, Ames, IA 50010
  • /15

    $825,000

    • 852 Sq Ft

    3902 Ontario St, Ames, IA 50014

    Great investment opportunity. These 2 parcels include 2 duplexes (3902/3906 Ontario and 3910/3912 Ontario) and a single family home (3908 Ontario) all being sold together for $825,000. See MLS # 68297 for information on the single family home.

    Chuck Winkleblack Hunziker & Assoc.-Ames

    3902 Ontario St, Ames, IA 50014
  • /16

    $825,000

    • 4 Beds
    • 1.5 Baths
    • 1,613 Sq Ft

    3908 Ontario St, Ames, IA 50014

    Great investment opportunity. These 2 parcels include 2 duplexes (3902/3906 Ontario and 3910/3912 Ontario) and a single family home (3908 Ontario) all being sold together for $825,000. See MLS #68298 for information on the two duplexes.Current rent for house is $1650 per month. Landlord pays for snow removal, lawn care and trash. Tenant pays for all utilities and internet.

    Chuck Winkleblack Hunziker & Assoc.-Ames

    3908 Ontario St, Ames, IA 50014
  • /29

    $227,000

    • 2 Beds
    • 2 Baths
    • 1,117 Sq Ft

    3422 West St, Ames, IA 50014

    Well taken care of townhome in Ames. Close to campus making this a great investment oportunity. Roof is only 5 years old. HVAC is only 3 years old. Has a fresh paint inside in the last few years. This one is move in ready. Convenient Ames location. Call your trusted real estate pro for a private showing to make it yours.

    Adam Bentz Agency Iowa

    3422 West St, Ames, IA 50014
  • /25

    $225,000 Open Sun 4PM - 5PM

    • 3 Beds
    • 1 Bath
    • 1,340 Sq Ft

    3017 Lincoln Way, Ames, IA 50014

    Renovated in 2020 and just blocks away from everything Campustown has to offer! This home has been a rental for some time and has a solidrental history. The exterior of the home got a modern facelift in 2020. The large familyroom provides ample space for entertaining and the awesome wood burning fireplace keeps the whole home warm. The home features 3 bedrooms, 1 full bath, and a great 3

    Chris Betts RE/MAX REAL ESTATE CENTER

    3017 Lincoln Way, Ames, IA 50014
  • /30

    $272,500

    • 1,950 Sq Ft

    1202 Burnett Ave, Ames, IA 50010

    Old world charm meets modern convenience in this thoughtfully designed duplex in the heart of Ames. Walkable to medical facilities, downtown, this well cared for duplex boasts a solid rental history, a current LOC, full occupancy, and a host of updates that make for a turnkey investment. 1202 has two bedrooms and two bathrooms and an additional non conforming attic space. 1204 has two

    Alison Doyle RE/MAX REAL ESTATE CENTER

    1202 Burnett Ave, Ames, IA 50010
  • /25

    $282,500

    • 4 Beds
    • 3 Baths
    • 1,157 Sq Ft

    219 N Franklin Ave, Ames, IA 50014

    A rare investment opportunity to own a 4 bedroom, 3 bathroom home in Ames, Iowa in a prime location for rental property ownership, just a short walk from Iowa State University. With spacious bedrooms, hardwood floors on the main level, and stainless steel appliances, the home is both functional and low-maintenance. Recent updates include new siding, roof, and vinyl windows, along with a 2021 HVAC

    Traci Jennings RE/MAX REAL ESTATE CENTER

    219 N Franklin Ave, Ames, IA 50014
  • /18

    $255,000

    • 3 Beds
    • 3.5 Baths
    • 1,200 Sq Ft

    2627 Stange Rd, Ames, IA 50010

    This townhome located in the Somerset subdivision can be utilized as a single family home or an investment property with a current rental letter of compliance until 2027. The main level includes a large eat-in kitchen with newer appliances, maple cabinets and an attached pantry. Enjoy the spacious living room for all your gatherings of family and friends or just to relax at the end of the day.

    Jeff Eagan Friedrich Realty

    2627 Stange Rd, Ames, IA 50010
  • /3

    $270,000

    • 5 Beds
    • 2 Baths
    • 1,170 Sq Ft

    3654 Story St, Ames, IA 50014

    Great property to call home or for your next investment property in west Ames. This home on the main level features 4 bedrooms, 1 full bath, an open kitchen with updated appliances and living room with original hardwood flooring on the main level bedrooms and living room. The basement level has the 5th bedroom, larger family room, 3/4 bath and laundry. The backyard is fenced with a patio and easy

    Steve Bock RE/MAX REAL ESTATE CENTER

    3654 Story St, Ames, IA 50014
  • /11

    $350,000

    • Land
    • 1 Acre
    • $350,000 per Acre

    3610 University Blvd, Ames, IA 50010

    This premium location sits directly in front of the Ames Racquet and Fitness Center in south Ames, ensuring high visibility and foot traffic from a steady stream of professionals, fitness enthusiasts, and nearby businesses. The lot is level and development-ready, with existing paved parking already in place—an ideal foundation for your future build or business. Whether you're envisioning a retail

    Chris Betts RE/MAX Real Estate Center

    3610 University Blvd, Ames, IA 50010
  • /2

    $169,900

    • 3 Beds
    • 2 Baths
    • 1,103 Sq Ft

    1101 Lincoln Way, Ames, IA 50010

    Huge investment opportunity with this home that is set along the Lincoln Way corridor just minutes to Iowa State University, Campustown, and Downtown Ames, this early-1900s home delivers space, location, and immediate income. A flexible 6-bed, 2-bath layout spans two levels and is currently fully leased to reliable, on-time tenants collect rent on day one. Everyday conveniences are close

    Omar Habib RE/MAX Precision

    1101 Lincoln Way, Ames, IA 50010

Home Trends in Ames, IA

Housing Trends

Median Sale Price
$305,000
Median Single Family Sale Price
$320,000
Median Townhouse Sale Price
$362,750
Median 2 Bedroom Sale Price
$185,000
Median 1 Bedroom Sale Price
$144,000
Median Studio Sale Price
$177,500
Average Price Per Sq Ft
$209
Number of Homes for Sale
69
Last 12 months Home Sales
482
Months of Supply
1.70
Median List Price
$325,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
-2%
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