$600,000

Estimated payment $3,752/month

Studio
-- Baths
2,778 Sq Ft
$216 Price per Sq Ft

Highlights

  • No HOA
  • Central Air
  • 5-minute walk to Ames Dog Park

About This Home

Great investment opportunity near Iowa State University! This well-maintained Ames quadplex offers an excellent location with convenient access to campus, shopping, dining, and other area amenities. The property has recently undergone extensive updates, helping reduce near-term maintenance needs while improving tenant appeal.

Recent improvements include new carpet, toilets, lighting, window blinds, refrigerators, gutters with leaf guards, duct cleaning, a new water heater, 22 new windows, and new front steps completed in 2024. The main sewer line and A/C system have also been inspected.

With four rental units, a desirable location near Iowa State, and numerous recent capital improvements already completed, 2304 Knapp St is a strong opportunity for investors looking to add a multifamily property to their Ames portfolio.

Listing Agent

Chris Betts

RE/MAX Real Estate Center Listed on: 09/03/2026

RE/MAX Real Estate Center

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,287

Year Built

  • Built in 1910

Parking

  • Driveway

Home Design

  • Asphalt Shingled Roof

Interior Spaces

  • 2,778 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Additional Features

  • 8,719 Sq Ft Lot
  • Central Air

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0909250090

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,287

Year Built

Built in 1910

Lot Details

8,719 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Style: Two Story
  • Lp Amt Sq Ft: 215.98
  • Year Built: 1910
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement Description: Unfinished
  • Living Area Sq Ft: 2778
  • Total Sq Ft: 2778

Exterior Features

  • Roof: Asphalt Shingle
  • Street Feature: Asphalt

Garage/Parking

  • Driveway: Concrete

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Central

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Acres: 0.2002
  • Lot S F: 8719
  • Assessor Parcel Number: 0909250090
  • Zoning: RL

Rental Info

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

Tax Info

  • Gross Taxes: 5287.00
  • Net Taxes: 5288.00

MLS Schools

  • School District: Ames

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $5,288 $384,500 $61,000 $323,500
2024 $5,196 $365,800 $121,400 $244,400
2023 $3,476 $365,800 $121,400 $244,400
2022 $4,044 $206,600 $121,400 $85,200
2021 $4,192 $206,600 $121,400 $85,200
2020 $4,466 $199,100 $115,600 $83,500
2019 $4,466 $199,100 $115,600 $83,500
2018 $4,476 $181,000 $105,100 $75,900
2017 $4,476 $181,000 $105,100 $75,900
2016 $3,732 $136,700 $79,400 $57,300
2015 $3,732 $136,700 $79,400 $57,300
2014 $3,742 $129,000 $74,900 $54,100
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
09/03/2026 09/03/26 For Sale $600,000 +78.0% $216 / Sq Ft
12/15/2021 12/15/21 Sold $337,000 -10.1% -- View Prior Sale
12/15/2021 12/15/21 Pending -- -- --
11/01/2021 11/01/21 Price Changed $375,000 -7.4% --
10/13/2021 10/13/21 For Sale $405,000 +154.6% --
08/28/2015 08/28/15 Sold $159,075 -11.6% $73 / Sq Ft View Prior Sale
07/27/2015 07/27/15 Pending -- -- --
05/08/2015 05/08/15 For Sale $179,900 -- $82 / Sq Ft
Source: Des Moines Area Association of REALTORS®

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 -- --
Warranty Deed $159,500 None Available
Warranty Deed $135,000 None Available
Trustee Deed $137,000 --
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 $1,462,125 New Conventional
Previous Owner $98,000 Commercial
Previous Owner $101,250 Commercial
Previous Owner $113,000 Future Advance Clause Open End Mortgage
Source: Public Records

Source: Des Moines Area Association of REALTORS®

MLS Number: 748604

Des Moines Area Association of REALTORS®

APN: 09-09-250-090

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