$575,000
SOLD JUN 15, 2026
Studio
8 Baths
4,794 Sq Ft
10,803 Sq Ft Lot

Sale Details

Date Sold: June 15, 2026

$120 Per Sq Ft

2 Days on Market

Highlights

  • 4 Kitchens
  • Laundry Room
  • Forced Air Heating and Cooling System
  • No HOA
  • Storage
  • 5-minute walk to Old Towne Park

About This Home

As of June 2026

Turn-key investment property with great rental history. 4-plex with all 3 bedroom, 2 bath units built in 1995. New roof 2018. Several recent updates including new exterior door and keypad, and some new flooring in 2 units. New water heaters 2022 and 2023. 3 units are rented through July, 2027.

Last Agent to Sell the Property

Molly Neal-wong

RE/MAX Concepts-Ames Listed on: 04/13/2026

RE/MAX Concepts-Ames

Last Buyer's Agent

Kyle Van Winkle

RE/MAX Concepts-Ames

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,816

Year Built

  • Built in 1995

Home Design

  • Slab Foundation
  • Poured Concrete
  • Vinyl Siding

Interior Spaces

  • 8 Full Bathrooms
  • 4,794 Sq Ft Home
  • 2-Story Property
  • Storage
  • Laundry Room
  • 4 Kitchens

Flooring

  • Carpet
  • Vinyl

Additional Features

  • 10,803 Sq Ft Lot
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 0902131020

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,816

Year Built

Built in 1995

Lot Details

10,803 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Style: Two Story
  • Lp Amt Sq Ft: 119.94
  • Sp Amt Sq Ft: 119.94
  • Year Built: 1995
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Dishwashers: 4
  • Refrigerators: 4
  • Stoves Total: 4
  • Interior Amenities: Carpeting, Vinyl Floors
  • Total Bathrooms: 8.00
  • Full Bathrooms: 8
  • Third Floor Full Bathrooms: 8
  • Basement Description: Slab
  • Kitchens: 4
  • Laundry: Yes
  • Storage: Yes
  • Living Area Sq Ft: 4794
  • Total Sq Ft: 4794

Exterior Features

  • Exterior: Vinyl Siding
  • Foundation: Poured
  • Sidewalk: Y

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Central
  • Heat: Gas Forced Air
  • Separate Meters: Y

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Acres: 0.2480
  • Lot S F: 10803
  • Assessor Parcel Number: 0902131020
  • Zoning: RM

Rental Info

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

Tax Info

  • Gross Taxes: 5816.00
  • Net Taxes: 5816.00

Multi Family

  • Total Units: 4

MLS Schools

  • School District: Ames

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2016
Closed on
Jul 6, 2016
Sold by
Bought by
Seller's Agent
Traci Jennings
RE/MAX REAL ESTATE CENTER
Buyer's Agent
Molly Neal-wong
RE/MAX Concepts-Ames
List Price
$399,000
Sold Price
$399,000

Purchase Details

Closed on
Nov 23, 2013
Sold by
Bought by

Purchase Details

Closed on
Jun 29, 2009
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,750
Interest Rate
0.0494%
Mortgage Type
Commercial
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $399,000 None Available
Quit Claim Deed $303,500 None Available
Warranty Deed $292,500 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Previous Owner $195,200 Commercial
Previous Owner $204,750 Commercial
Previous Owner $320,000 Unknown
Previous Owner $543,000 Commercial
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/15/2026 06/15/26 Sold $575,000 0.0% $120 / Sq Ft
04/15/2026 04/15/26 Pending -- -- --
04/13/2026 04/13/26 For Sale $575,000 +44.1% $120 / Sq Ft
07/06/2016 07/06/16 Sold $399,000 0.0% $83 / Sq Ft View Prior Sale
05/21/2016 05/21/16 Pending -- -- --
05/17/2016 05/17/16 For Sale $399,000 -- $83 / Sq Ft
Source: Des Moines Area Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $5,816 $399,800 $60,000 $339,800
2024 $5,696 $401,000 $112,400 $288,600
2023 $7,586 $401,000 $112,400 $288,600
2022 $8,826 $450,900 $112,400 $338,500
2021 $9,240 $450,900 $112,400 $338,500
2020 $9,846 $438,900 $107,000 $331,900
2019 $9,846 $438,900 $107,000 $331,900
2018 $9,868 $399,000 $97,300 $301,700
2017 $9,868 $399,000 $97,300 $301,700
2016 $8,782 $321,600 $78,400 $243,200
2015 $8,782 $321,600 $78,400 $243,200
2014 $8,802 $303,400 $74,000 $229,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 738292

Des Moines Area Association of REALTORS®
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