Investment - Homes for Sale in Ames, IA

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

Welcome to 219 N Russell Ave, a charming 1.5 story home located just steps from Iowa State University featuring 3-bedrooms and 2-bathrooms. Inside, you'll find beautiful hardwood floors, original woodwork, and the timeless architectural details that make older homes so desirable. The main-floor bedroom provides flexibility for guests, a home office, or convenient single-level living. The spacious

Katie Riedeman CENTURY 21 SIGNATURE-Ames

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

Thoughtfully updated throughout and near parks, downtown, and Mary Greeley, this inviting 1.5-story home is ready to welcome its next owner. Filled with natural light, the living room features a large bay window that creates an airy and relaxing space. The kitchen boasts abundant cabinet storage, stainless steel appliances, and flows seamlessly into the dining area with direct access to the deck

Katie Riedeman CENTURY 21 SIGNATURE-Ames

Welcome to 635 Meadow Place, a well-maintained split-foyer townhome offering 3 bedrooms, 2 bathrooms, and a 1-car attached garage in a convenient Ames location. Whether you're searching for an affordable owner-occupied home or a quality investment property, this home offers comfort, functionality, and excellent value. The main floor features a spacious living room with a ceiling fan and peaceful

Jared Van Cleave CENTURY 21 SIGNATURE-Ames

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

Set within Ames' historic district just blocks from Main Street, this meticulously renovated home offers the rare combination of preserved character, meaningful updates, and modern functionality. Thoughtfully restored by its current owners, every space reflects an impressive level of care, investment, and attention to detail that is increasingly difficult to find in historic homes. Inside, you'll

Traci Jennings RE/MAX REAL ESTATE CENTER

Discover an excellent investment and lifestyle opportunity with this beautifully updated two-family duplex. Ideally situated, this property offers unmatched convenience with public bus stops just across the street, a short 5-minute walk to campus, and only a 3-minute drive to the Abbie Sawyer Elementary School. This well-designed duplex features two separate units, each with its own attached

Zhan Zhang LPT Realty, LLC

There’s something different about having a space that’s truly yours. This charming 1-bedroom, 1-bath condo in Ames offers an affordable, low-maintenance way to step into ownership without taking on the upkeep of a full house. Inside, you’ll find just under 700 sq ft of comfortable, functional living with a bright living room, dedicated dining area, practical kitchen, in-unit laundry, and a

Rocio Hermosillo EXP Realty, LLC

Tucked away in a quiet neighborhood, come discover this solid duplex in the heart of Ames! It's just a block from Roosevelt Park where you can enjoy summer evenings & even a free Sunday afternoon concert if you'd like! This 2 bedroom 1 bath duplex is great as an investment or as owner-occupied with someone helping with your mortgage. The main floor has a generous living room & nice size kitchen.

Jason Miller Weichert, Realtors®-Miller & Clark Agency

Welcome home to this newly renovated 3 bedroom charmer!The main level features a spacious living room, 2 bedrooms, full bathroom, and a new eat-in kitchen with soft-close cabinets, stainless steel appliances, quartz counters & plenty of room for a dining set.Off the kitchen is an enclosed porch that offers access to the yard and connects to the garage.Upstairs offers an additional

Lisa Leonard RE/MAX Precision

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

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

Abby Jennings-Brant RE/MAX REAL ESTATE CENTER

Tucked away in a quiet neighborhood, come discover this solid duplex in the heart of Ames! It's just a block from Roosevelt Park where you can enjoy summer evenings & even a free Sunday afternoon concert if you'd like! This 2 bedroom 1 bath duplex is great as an investment or as owner-occupied with someone helping with your mortgage. The main floor has a generous living room & nice size kitchen.

Jason Miller Weichert, Miller & Clark

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. Roof is new as of June 2026! Great investment opportunity in the heart of Ames! Call and set up your showings today before this one's gone.

Benjamin Irlbeck Century 21 Signature

Outstanding income-producing triplex built in 1995 offering three large 4-bedroom, 2 full bathroom units. Each unit features its own washer and dryer, private garage, and spacious floor plan designed for strong tenant appeal and long-term occupancy. Market rents are projected at $1,470 per month per unit, creating excellent income potential for investors. The property has been well maintained and

Gale Gehling Team Keller Williams Ames