$245,000

2607 Knapp St Ames, IA 50014

Estimated payment $1,628/month

Total Views 1,236
4 Beds
2.5 Baths
1,874 Sq Ft
$131 Price per Sq Ft

Highlights

  • Wood Flooring
  • Sun or Florida Room
  • Detached Garage
  • Ames High School Rated A-
  • No HOA
  • 4-minute walk to Ames Dog Park

About This Home

Incredible opportunity to secure 2603 & 2607 Knapp Avenue—two adjoining lots totaling 17,400 sq. ft. (one a corner lot) just two blocks south of Iowa State University. With prime visibility, excellent convenience, and a history of consistent rental use, these homes—''grand old ladies'' from another era—have long been attractive to tenants. Properties are being offered as a package deal (preferred) at $490,000, though individual offers will also be considered.

2603 is currently configured as a triplex, featuring two one-bedroom units and one two-bedroom unit, with six off-alley parking stalls. 2607 is a four-bedroom, three-bath home with three off-alley parking stalls plus a two-car garage and driveway space. With current LOCs in place, the properties provide rental income opportunities today and may present future redevelopment possibilities in the future!

For context, nearby 316 Hayward sits on a 10,905 sq. ft. lot and contains 10 bedrooms. With nearly 7,000 additional square feet, buyers are encouraged to explore the potential this double lot may offer for remodeling and an increase in rents or future conversion.

This is a rare investment opportunity in a prime location with long-term potential. Properties are being sold AS-IS. Showings/due diligence period available through September 28th, with all offers due by 10 AM on September 29th.

Listing Agent

Lloyd Flanders

RE/MAX REAL ESTATE CENTER License #S58137 Listed on: 09/18/2025

RE/MAX REAL ESTATE CENTER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,006

Year Built

  • Built in 1921

Lot Details

  • 8,700 Sq Ft Lot
  • Property is zoned RH

Parking

  • Detached Garage

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 1,874 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Living Room
  • Dining Room
  • Sun or Florida Room
  • Range

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 09-09-129-120

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,006

Year Built

Built in 1921

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.2
  • Above Grade Finished Sq Ft: 937.0
  • Garage Yn: Yes
  • Unit Levels: Two
  • Year Built: 1921
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Appliances Refrigerators: Yes
  • Cooling:Central Air: Yes
  • Floor:Carpet: Yes
  • Features:Sump Pump2: Yes
  • Floor:Vinyl2: Yes
  • Exterior:Vinyl: Yes
  • Floor:Hardwood: Yes
  • Special Features: None

Interior Features

  • Appliances: Range, Refrigerator
  • Has Basement: Full, Sump Pump
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 434.0
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Vinyl, Hardwood, Carpet
  • Basement:Full2: Yes
  • Appliances Range: Yes
  • Fireplace:Wood10: Yes

Exterior Features

  • Construction Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2.0
  • General Information:Garage Type2: Detached

Utilities

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

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Information:Homeowners Association (HOA): No

Schools

  • Junior High Dist: Ames

Lot Info

  • Lot Size Sq Ft: 8700.0
  • Parcel #: 09-09-129-120
  • Zoning: RH

Map

Range of Values:

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Average Value
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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 $4,006 $282,100 $53,500 $228,600
2023 $3,600 $282,100 $53,500 $228,600
2022 $3,556 $214,000 $53,500 $160,500
2021 $3,708 $214,000 $53,500 $160,500
2020 $3,656 $210,800 $52,700 $158,100
2019 $3,656 $210,800 $52,700 $158,100
2018 $3,682 $210,800 $52,700 $158,100
2017 $3,682 $210,800 $52,700 $158,100
2016 $3,504 $199,000 $39,900 $159,100
2015 $3,504 $199,000 $39,900 $159,100
2014 $3,170 $176,400 $71,100 $105,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2025 09/18/25 For Sale $245,000 -- $131 / Sq Ft
Source: Central Iowa Board of REALTORS®

Source: Central Iowa Board of REALTORS®

MLS Number: 68505

APN: 09-09-129-120

Iowa Story County Ames 50014

2607 Knapp St, Ames, IA

This home is located at 2607 Knapp St, Ames, IA 50014 and is currently priced at $245,000, approximately $130 per square foot. This property was built in 1921. 2607 Knapp St is a home with nearby schools including Edwards Elementary School, Ames Middle School, and Ames High School.

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Lloyd Flanders
Listing Agent
Lloyd Flanders
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RE/MAX REAL ESTATE CENTER
(515) 602-4753