$330,000
PENDING $10K PRICE DROP

1312 Wilson Ave Ames, IA 50010

Estimated payment $2,020/month

Total Views 2,446
Studio
2 Baths
1,632 Sq Ft
$202 Price per Sq Ft

Highlights

  • 2 Kitchens
  • Wood Flooring
  • Forced Air Heating and Cooling System
  • Ranch Style House
  • No HOA

About This Home

Turnkey Duplex Investment Opportunity! Well-maintained duplex offering strong rental potential with numerous recent updates and major system improvements already completed. Unit 1314 has been extensively updated with a fully renovated bathroom, along with a brand-new furnace and air conditioning system installed in 2024. Unit 1312 features a new water heater installed in April 2024. A major upgrade to the property includes all-new plumbing from each unit’s bathroom through the building and out to the exterior main line, including replacement of the main plumbing under the basement slab—a significant improvement that provides long-term reliability. Both units also have bathroom plumbing roughed in within the basement, currently capped beneath the concrete, offering future potential for additional bathroom space. Additional updates include:
• New storm door installed at 1312
• New storm door for 1314 (included and ready for installation) This property is ideal for investors looking for a solid duplex with major mechanical and infrastructure improvements already completed, while still offering future value-add potential in the basement spaces.

Listing Agent

Kyle Van Winkle

RE/MAX Concepts-Ames Listed on: 03/09/2026

Co-Listing Agent

Mike Orr

RE/MAX Concepts-Ames

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,091

Year Built

  • Built in 1958

Parking

  • 2 Car Detached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 1,632 Sq Ft Home
  • Basement Window Egress

Kitchen

  • 2 Kitchens
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Laminate

Additional Features

  • 12,029 Sq Ft Lot
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 0535354190

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,091

Year Built

Built in 1958

Lot Details

0.28 Acres

Listing Details

  • Property Type: Multi-Family
  • Style: Ranch
  • Lp Amt Sq Ft: 202.21
  • Year Built: 1958
  • Special Features: UnderContract
  • Property Sub Type: MultiFamily

Interior Features

  • Dishwashers: 2
  • Refrigerators: 2
  • Stoves Total: 2
  • Interior Amenities: Hardwood Floors, Laminate Floors
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Second Floor Full Bathrooms: 1
  • Third Floor Full Bathrooms: 1
  • Basement Description: Egress Windows
  • Kitchens: 2
  • Laundry: No
  • Included Items: Dishwasher, Microwave, Refrigerator, Stove
  • Living Area Sq Ft: 1632
  • Total Sq Ft: 1632

Exterior Features

  • Exterior: Brick
  • Foundation: Concrete Block

Garage/Parking

  • Garage: 2 Detached

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Acres: 0.2761
  • Lot S F: 12029
  • Assessor Parcel Number: 0535354190
  • Zoning: RL

Rental Info

  • Landlord Tenant Utilities: Electric Tenant, Gas Tenant, Insurance Tenant, Misc Exp Tenant, Water Tenant

Tax Info

  • Gross Taxes: 3090.60
  • Net Taxes: 3090.00

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Ames

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
2025 $3,684 $277,900 $66,200 $211,700
2024 $3,608 $254,000 $45,900 $208,100
2023 $3,090 $254,000 $45,900 $208,100
2022 $3,052 $183,700 $45,900 $137,800
2021 $3,066 $183,700 $45,900 $137,800
2020 $3,022 $174,300 $43,600 $130,700
2019 $3,022 $174,300 $43,600 $130,700
2018 $3,044 $174,300 $43,600 $130,700
2017 $3,044 $174,300 $43,600 $130,700
2016 $2,484 $141,100 $40,500 $100,600
2015 $2,484 $141,100 $40,500 $100,600
2014 $2,536 $141,100 $40,500 $100,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/01/2026 04/01/26 Pending -- -- --
03/25/2026 03/25/26 Price Changed $330,000 -2.9% $202 / Sq Ft
03/09/2026 03/09/26 For Sale $340,000 +82.9% $208 / Sq Ft
08/14/2020 08/14/20 Sold $185,900 0.0% $114 / Sq Ft View Prior Sale
07/14/2020 07/14/20 Pending -- -- --
07/13/2020 07/13/20 For Sale $185,900 -- $114 / Sq Ft
Source: Des Moines Area Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $295,000 None Listed On Document
Warranty Deed $243,000 --
Warranty Deed $186,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $59,000 New Conventional
Open $236,000 New Conventional
Previous Owner $158,015 New Conventional
Source: Public Records

Source: Des Moines Area Association of REALTORS®

MLS Number: 735825

Des Moines Area Association of REALTORS®

APN: 05-35-354-190

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