$284,000
SOLD JUL 2, 2025

101 S Riverside Dr Unit 103 Ames, IA 50010

Oak-Riverside Neighborhood
-- Bed
-- Bath
1,728 Sq Ft
10,500 Sq Ft Lot

Recently Sold

$164 Per Sq Ft

5 Days on Market

Highlights

  • 1 Car Detached Garage
  • Ames High School Rated A-
  • Forced Air Heating and Cooling System

About This Home

As of July 2025

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.

Last Agent to Sell the Property

Collin Fett

RE/MAX REAL ESTATE CENTER License #B63491 Listed on: 05/05/2025

RE/MAX REAL ESTATE CENTER

Co-Listed By

Fett Team

RE/MAX REAL ESTATE CENTER

Last Buyer's Agent

Traci Jennings

RE/MAX REAL ESTATE CENTER License #S39814

RE/MAX REAL ESTATE CENTER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,739

Year Built

  • Built in 1977

Lot Details

  • 10,500 Sq Ft Lot
  • Lot Dimensions are 70x150

Parking

  • 1 Car Detached Garage

Home Design

  • 1,728 Sq Ft Home
  • Duplex
  • Block Foundation

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 09-10-126-020

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,739

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Multi-Family
  • Lot Size Acres: 0.24
  • Lot Size: 70x150
  • Co List Office Mls Id: REMAX
  • Garage Yn: Yes
  • Unit Levels: One
  • Year Built: 1977
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Cooling:Central Air: Yes
  • Water Heater:Gas: Yes
  • Foundation:Concrete Block: Yes
  • Special Features: None

Exterior Features

  • Construction Type: Wood Siding
  • Foundation Details: Block

Garage/Parking

  • Keywords:Garage Capacity3: 1 Car
  • Keywords:Garage Type3: Detached
  • Keywords:Parking Spaces2: 1 - 5 Spaces

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating:Forced Air: Yes

Schools

  • Junior High Dist: Ames

Lot Info

  • Lot Size Sq Ft: 10500.0
  • Parcel #: 09-10-126-020
  • Zoning: UCRM

Rental Info

  • Who Pays Trash: Tenant
  • Who Pays Water: Tenant

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3739.41

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
34.29%
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
Source: Public Records

Similar Homes in Ames, IA

  • 4311 Ontario St, Ames, IA 50014

    $315,000

    • Studio
    • 4 Baths
    • 2,964 Sq Ft
    • 4311 Ontario St
    • Ames, IA

    Excellent investment opportunity in this well-maintained 4-plex located in a desirable West Ames neighborhood! Each of the four units features 2 bedrooms and 1 bathroom, attracting long-term tenants who appreciate the property's comfort and convenience. Recent upgrades include a new roof and gutters, along with newer siding, offering peace of mind for years to come. Situated directly across from

    Chris Kew RE/MAX Precision

    Section Image
  • 1308 Idaho Ave, Ames, IA 50014

    $295,000

    • Studio
    • 2 Baths
    • 1,914 Sq Ft
    • 1308 Idaho Ave
    • Ames, IA

    Great opportunity for investment or house hacking! Side by side duplex with each side consisting of 2 bedrooms and a full bathroom with in-unit laundry on the 2nd floor and a living room, dining area, and kitchen on the main floor! Spacious backyard area and attached 1 car garage for your vehicle! Newer roof and siding! All information obtained from seller and public records.

    Chris Kew RE/MAX Precision

    Section Image
See All Homes in Ames

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $284,000 None Listed On Document
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $227,200 New Conventional
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: Central Iowa Board of REALTORS®

Tax History Compared to Growth

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

Agents Affiliated with this Home

  • Collin Fett

    Seller's Agent in 2025

    Collin Fett

    RE/MAX

    (515) 329-4011

    1 in this area

    135 Total Sales

    Collin Fett
    Section Image
  • Traci Jennings

    Buyer's Agent in 2025

    Traci Jennings

    RE/MAX

    (515) 291-8720

    6 in this area

    922 Total Sales

    Traci Jennings
    Section Image
See All Agents

Map

Source: Central Iowa Board of REALTORS®

MLS Number: 67296

APN: 09-10-126-020

Iowa Story County Ames 50010 Oak-Riverside

101 S Riverside Dr Unit 103, Ames, IA

This home is located at 101 S Riverside Dr Unit 103, Ames, IA 50010 and is currently priced at $284,000, approximately $164 per square foot. This property was built in 1977. 101 S Riverside Dr Unit 103 is a home located in Story County with nearby schools including Edwards Elementary School, Ames Middle School, and Ames High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes