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Oak-Riverside Home for Sale

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    $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

Why Live in Oak-Riverside

Oak-Riverside in Ames is a neighborhood with a blend of historic charm and modern amenities. Homes here, priced between $140,000 and $400,000, include craftsman bungalows, ranch styles, and shotgun styles, many of which have been renovated, though some still need updates. The area is known for its oak-shaded backyards and detached garages. A significant portion of the residents rent, with many properties used as short-term rentals, especially during college game days. The neighborhood is bordered by a train track to the north, with about two trains passing daily. O’Neil Park, located within the neighborhood, offers a playground, basketball courts, and baseball fields. A bike trail from the southwest corner connects to Stuart Smith Park, Brookside Park, and the Southeast Recreation Complex, providing additional recreational facilities. Main Street, just a few blocks away, features local eateries like Vinyl Café and Sweet Caroline’s, and hosts a weekly farmers market from May through October. Wheatsfield Cooperative, a community-owned store, is nearby, and North Grand Mall, 2 miles away, offers shopping and a movie theater. For education, students attend Edwards Elementary and Ames High School, both highly rated. The new Ames High School building, completed in 2022, is a notable feature. Iowa State University, less than a mile away, adds to the neighborhood's appeal. Transportation options include bus routes along Lincoln Way and proximity to Des Moines International Airport, about 40 miles south of Oak-Riverside.

Frequently Asked Questions

Is Oak-Riverside a good place to live?
Oak-Riverside is a good place to live. Oak-Riverside is considered somewhat walkable and very bikeable. Oak-Riverside is a suburban neighborhood. Oak-Riverside has 4 parks for recreational activities. It has a median age of 32. The average household income is $79,254 which is below the national average. College graduates make up 37% of residents. A majority of residents in Oak-Riverside are renters, with 56.2% of residents renting and 43.8% of residents owning their home. A local real estate agent serving Oak-Riverside can help you decide if this neighborhood is the right one for you. Learn more on our Oak-Riverside neighborhood guide.
How much do you need to make to afford a house in Oak-Riverside?
The median home price in Oak-Riverside is $268,700. If you put a 20% down payment of $53,700 and had a 30-year fixed mortgage with an interest rate of 6.26%, your estimated principal and interest payment would be $1,330 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $57K a year to afford the median home price in Oak-Riverside. The average household income in Oak-Riverside is $79K.
What are the best public schools in Oak-Riverside?
The best public schools that serve Oak-Riverside are:
  • Ames High School has an A- Niche grade, a student teacher ratio of 17:1 and an average review score of 4.0.
  • Edwards Elementary School has a B+ Niche grade and a student teacher ratio of 13:1.
  • Ames Middle School has a B Niche grade, a student teacher ratio of 15:1 and an average review score of 3.2.
What are the best private schools in Oak-Riverside?
The best private schools that serve Oak-Riverside are:
What are the most popular zip codes in Oak-Riverside, Ames, IA?
The most popular zip codes in Oak-Riverside, Ames, IA include 50010, 50014, 50226, 50036 and 50105.
What are the most popular neighborhoods near Oak-Riverside, Ames, IA?
The most popular neighborhoods near Oak-Riverside, Ames, IA are Roosevelt, Historic Old Town, North Old Town, Westside and Somerset Village.

Home Trends in Oak-Riverside, IA

Housing Trends

Median Sale Price
$225,000
Median Single Family Sale Price
$225,000
Average Price Per Sq Ft
$151
Number of Homes for Sale
1
Last 12 months Home Sales
17
Months of Supply
0.70
Median List Price
$268,700
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
17%
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