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Investment - Homes for Sale in Ames, IA

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  • /5

    $1,650,000

    • 9,884 Sq Ft

    2907/203 W Campus St, Ames, IA 50014

    Excellent investment opportunity just one block west of the ISU campus! This offering includes a single-family home and a 10-plex apartment building in a highly desirable location. Features include off-street parking, on-site coin-operated laundry in the 203 Campus Ave. building, and a strong rental history. Properties in this area are consistently in demand due to their proximity to campus and

    Steve Bock RE/MAX REAL ESTATE CENTER

    2907/203 W Campus St, Ames, IA 50014
  • /30

    $325,000

    • Studio
    • 2 Baths
    • 1,009 Sq Ft

    615 Ken Maril Rd Unit 617, Ames, IA 50010

    ASSUMABLE 2.875% FHA loan with approximately 25 years remaining; a RARE opportunity to secure financing far below today's market rates. For investors or house hackers, this creates the chance to step into a significantly lower monthly payment while building equity in one of Iowa's most stable rental markets near Iowa State University. Letter of Compliances already taken care of. This maintained

    Traci Jennings RE/MAX Real Estate Center

    615 Ken Maril Rd Unit 617, Ames, IA 50010
  • /15

    $579,500

    • 852 Sq Ft

    3902 Ontario St, Ames, IA 50014

    Great investment opportunity. Located on Ontario Street in Ames, this well-maintained multi-family investment opportunity features two duplex buildings, totaling four rental units, just 2 miles from Iowa State University.Each unit offers a functional layout with 2 bedrooms and 1 full bathroom, providing comfortable living spaces ideal for students, young professionals, or small families. Both

    Chuck Winkleblack Hunziker & Assoc.-Ames

    3902 Ontario St, Ames, IA 50014
  • /34

    $330,000

    • Studio
    • 2 Baths
    • 1,632 Sq Ft

    1312 Wilson Ave, Ames, IA 50010

    Turnkey Duplex Investment Opportunity! Well-maintained duplex offering strong rental potential with numerous recent updates and major system improvements already completed. Unit 1314 has been extensively updated with a fully renovated bathroom, along with a brand-new furnace and air conditioning system installed in 2024. Unit 1312 features a new water heater installed in April 2024. A major

    Kyle Van Winkle RE/MAX Concepts-Ames

    1312 Wilson Ave, Ames, IA 50010
  • /16

    $249,500

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

    3908 Ontario St, Ames, IA 50014

    Great investment opportunity.Located on Ontario Street in Ames, this well-positioned multi-family investment opportunity offers both convenience and strong rental appeal just 2 miles from Iowa State University. The property features a single-family home configured with 4 spacious bedrooms, 1 full bathroom, and 1 half bath, making it ideal for student housing or shared living arrangements. Current

    Chuck Winkleblack Hunziker & Assoc.-Ames

    3908 Ontario St, Ames, IA 50014
  • /11

    $375,000

    • Land
    • 1 Acre
    • $375,038 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

    Chris Betts RE/MAX Real Estate Center

    3610 University Blvd, Ames, IA 50010
  • /19

    $1,085,000

    • 8,267 Sq Ft

    215 Jewel Dr Unit 1-8, Ames, IA 50010

    Turnkey investment opportunity! This beautifully maintained 8-plex on the south side of Ames features a strong rental history and long-term tenants, delivering cash flow from day one. There are 4 2BR units, 2 3BR units, and 2 4BR units, each with 2 full baths. Two recently renovated vacant units are available for immediate showings. A solid, income-producing property with professional management

    Mark Greenfield RE/MAX REAL ESTATE CENTER

    215 Jewel Dr Unit 1-8, Ames, IA 50010
  • /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

Home Trends in Ames, IA

Housing Trends

Median Sale Price
$300,500
Median Single Family Sale Price
$320,000
Median Townhouse Sale Price
$208,500
Median 2 Bedroom Sale Price
$200,000
Median 1 Bedroom Sale Price
$104,000
Median Studio Sale Price
$238,750
Average Price Per Sq Ft
$216
Number of Homes for Sale
51
Last 12 months Home Sales
614
Months of Supply
1.00
Median List Price
$320,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
-2%
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