101 S Riverside Dr Unit 103 Ames, IA 50010
Oak-Riverside Neighborhood
--
Bed
2
Baths
1,728
Sq Ft
10,500
Sq Ft Lot
Highlights
- 2 Kitchens
- Ranch Style House
- Laundry Room
- Ames High School Rated A-
- No HOA
- Forced Air Heating and Cooling System
About This Home
As of July 2025This well-maintained duplex is located just minutes from the Iowa State University campus, making it an ideal choice for both investors and student renters. Each unit offers 3 spacious bedrooms and 1 full bathroom, with a functional layout and comfortable living space that consistently attracts reliable tenants.
The property is fully leased through 2026, providing immediate and stable rental income. Situated in a high-demand area with easy access to campus, CyRide bus stops, shopping, and dining, this duplex boasts an excellent rental history. The only landlord responsibilities are snow removal and lawn care, making it a low-maintenance investment.
With strong cash flow potential and a location that’s always in demand, this is a rare opportunity to own a turn-key property in the heart of Ames.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,739
Year Built
- Built in 1977
Home Design
- 1,728 Sq Ft Home
- Ranch Style House
- Block Foundation
- Wood Siding
Kitchen
- 2 Kitchens
- Stove
- Dishwasher
Laundry
- Laundry Room
- Dryer
- Washer
Additional Features
- 2 Full Bathrooms
- 10,500 Sq Ft Lot
- Forced Air Heating and Cooling System
- Unfinished Basement
Community Details
- No Home Owners Association
- 2 Units
Listing and Financial Details
- Assessor Parcel Number 0910126020
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 5, 2025
Closed on
Jun 30, 2025
Sold by
Hendrickson David R and Hendrickson Linda J
Bought by
Rent Properties Llc
Seller's Agent
Collin Fett
RE/MAX Real Estate Center
Buyer's Agent
Traci Jennings
RE/MAX Real Estate Center
List Price
$299,000
Sold Price
$284,000
Premium/Discount to List
-$15,000
-5.02%
Views
45
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
53.54%
Original Mortgage
$227,200
Outstanding Balance
$226,418
Interest Rate
5.99%
Mortgage Type
New Conventional
Estimated Equity
$71,299
Purchase Details
Closed on
Jan 3, 2017
Sold by
Hendrickson Edward L
Bought by
Hendrickson David R
Similar Home in Ames, IA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/02/2025 07/02/25 | Sold | $284,000 | -5.0% | $164 / Sq Ft |
| 05/12/2025 05/12/25 | Pending | -- | -- | -- |
| 05/05/2025 05/05/25 | For Sale | $299,000 | -- | $173 / Sq Ft |
Source: Des Moines Area Association of REALTORS®
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $3,740 | $263,300 | $53,100 | $210,200 |
| 2023 | $3,570 | $263,300 | $53,100 | $210,200 |
| 2022 | $3,526 | $212,200 | $53,100 | $159,100 |
| 2021 | $3,542 | $212,200 | $53,100 | $159,100 |
| 2020 | $3,490 | $201,300 | $50,300 | $151,000 |
| 2019 | $3,490 | $201,300 | $50,300 | $151,000 |
| 2018 | $3,516 | $201,300 | $50,300 | $151,000 |
| 2017 | $3,516 | $201,300 | $50,300 | $151,000 |
| 2016 | $2,696 | $153,100 | $34,500 | $118,600 |
| 2015 | $2,696 | $153,100 | $34,500 | $118,600 |
| 2014 | $2,750 | $153,100 | $34,500 | $118,600 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2025
Collin Fett
RE/MAX
(515) 329-4011
1 in this area
135 Total Sales
-
Buyer's Agent in 2025
Traci Jennings
RE/MAX
(515) 291-8720
8 in this area
924 Total Sales
Map
Source: Des Moines Area Association of REALTORS®
MLS Number: 717020
APN: 09-10-126-020
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