$299,000
PENDING

101 S Riverside Dr Unit 103 Ames, IA 50010

Oak-Riverside Neighborhood

Estimated payment $1,978/month

Total Views 2,502
-- Bed
2 Baths
1,728 Sq Ft
$173 Price per Sq Ft

Highlights

  • 2 Kitchens
  • Ranch Style House
  • Laundry Room
  • Ames High School Rated A-
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

This 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.

Listing Agent

Collin Fett

RE/MAX REC Listed on: 05/05/2025

RE/MAX REC

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,739

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Ranch
  • Lp Amt Sq Ft: 173.03
  • Unit: 103
  • Year Built: 1977
  • Special Features: UnderContract
  • Property Sub Type: MultiFamily

Interior Features

  • Dishwashers: 2
  • Refrigerators: 2
  • Stoves Total: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Third Floor Full Bathrooms: 2
  • Basement Description: Unfinished
  • Kitchens: 2
  • Laundry: Yes
  • Included Items: Dishwasher, Dryer, Refrigerator, Stove, Washer
  • Living Area Sq Ft: 1728
  • Total Sq Ft: 1728

Exterior Features

  • Exterior: Wood
  • Foundation: Concrete Block

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Central
  • Heat: Gas Forced Air

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Ames

Lot Info

  • Acres: 0.2410
  • Lot S F: 10500
  • Assessor Parcel Number: 0910126020
  • Zoning: UCRM

Rental Info

  • Landlord Tenant Utilities: Electric Tenant, Gas Tenant, Water Tenant

Tax Info

  • Gross Taxes: 3739.41
  • Net Taxes: 3740.00

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Ames

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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

Property History

Date Event Price Change Sq Ft Price
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®

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Source: Public Records

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Source: Des Moines Area Association of REALTORS®

MLS Number: 717020

Des Moines Area Association of REALTORS®

APN: 09-10-126-020