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Investment - Homes for Sale in Ames, IA

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  • /25

    $245,000

    • 2 Beds
    • 1.5 Baths
    • 980 Sq Ft

    415 S Walnut Ave, Ames, IA 50010

    Move-in-ready comfort and standout convenience—this centrally located ranch-style home puts you minutes from S. Duff businesses and dining and close to the Main Street District. This 2-bedroom, 2-bath property offers fresh updates and flexible living space, including LVP flooring, new countertops, refreshed cabinetry, and fresh interior paint. Enjoy a large lot with a private patio, plus a

    Agent Photo

    Kevin Holmes

    Weichert, Miller & Clark

    (515) 827-7837

    415 S Walnut Ave, Ames, IA 50010
  • /35

    $375,000

    • 4 Beds
    • 3 Baths
    • 2,154 Sq Ft

    4203 Arizona Cir, Ames, IA 50014

    The outdoor space truly sets this home apart. With Munn Woods as your backdrop, you'll enjoy frequent visits from wildlife and ever changing seasonal views. This 4 bedroom, 3 bath ranch home offers a peaceful, nature filled setting that's hard to find and even harder to leave. Built by Buck Construction, the home reflects quality craftsmanship and a layout designed for comfortable, everyday

    Agent Photo

    Sharon Johnson

    RE/MAX Real Estate Center

    (515) 298-8918

    4203 Arizona Cir, Ames, IA 50014
  • /37

    Call for Price

    • Land
    • 11.67 Acres

    22085 580th Ave, Ames, IA 50010

    Positioned in the heart of central Iowa, this 11.67-surveyed-acre, currently operating commercial greenhouse offers a unique opportunity for growers, retailers, and agricultural entrepreneurs. Located in Story County, just minutes from Ames and within an easy drive of the Des Moines metro, the property benefits from excellent regional access to major markets, transportation routes, and

    Brandon Bergquist Peoples Company

    22085 580th Ave, Ames, IA 50010
  • /5

    $1,550,000

    • 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
  • /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
  • /29

    $145,000

    • 3 Beds
    • 2 Baths
    • 1,965 Sq Ft

    605 8th St Unit 607, Ames, IA 50010

    Come, check out this two unit rental duplex with established tenants already on contract. Lower unit has two bedrooms and one bathroom while the upstairs unit has one bedroom one bath. Great investment opportunity in the heart of Ames! Call and set up your showings today before this one’s gone.

    Benjamin Irlbeck RE/MAX Results

    605 8th St Unit 607, 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
    • 43,555 Sq Ft
    • $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
  • /20

    $275,000

    • 4 Beds
    • 2 Baths
    • 1,680 Sq Ft

    1424 24th St, Ames, IA 50010

    Investment property opportunity! Each unit of this duplex offer 2-bedrooms, 1-bath, and full basement with some finishes. Located on 24th street, just minutes from Iowa State University and on the CyRide bus route. Sweat equity opportunities: City approval to add a third bedroom in each basement. One unit has a room with egress. Both units have an additional toilet in basement as well, ready for

    Julie Young Century 21 Signature

    1424 24th St, Ames, IA 50010
  • /33

    $360,000

    • 5 Beds
    • 2 Baths
    • 1,663 Sq Ft

    3202 Lincoln Way, Ames, IA 50014

    Excellent opportunity to own an income-producing rental property just a few blocks west of Iowa State University. This classic Dutch Colonial style 2-story home offers 5 bedrooms, 2 bathrooms, a 2-car detached garage, and strong rental history with current gross income of $2,500 per month. The property is leased through July 31, 2026, providing immediate cash flow for the next owner. It also

    Jared Van Cleave CENTURY 21 SIGNATURE-Ames

    3202 Lincoln Way, Ames, IA 50014
  • /19

    $995,000

    • 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
$300,000
Median Single Family Sale Price
$321,375
Median Townhouse Sale Price
$304,200
Median 2 Bedroom Sale Price
$247,500
Median 1 Bedroom Sale Price
$100,000
Median Studio Sale Price
$238,750
Average Price Per Sq Ft
$215
Number of Homes for Sale
66
Last 12 months Home Sales
594
Months of Supply
1.30
Median List Price
$325,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
-2%
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