$1,200,000

4524 Steinbeck St Ames, IA 50014

College Creek Neighborhood

Estimated payment $7,110/month

Total Views 4,965
-- Bed
-- Bath
7,904 Sq Ft
$152 Price per Sq Ft

Highlights

  • Traditional Architecture
  • No HOA
  • Carpet
  • Ames High School Rated A-
  • Forced Air Heating and Cooling System

About This Home

Modern & Spacious 8-Plex in West Ames. Outstanding investment opportunity in West Ames! This well-maintained 8-plex features eight 3-bedroom, 2-bathroom units, each offering a spacious and functional layout. Lower-level units include patios, while upper-level units feature decks and vaulted ceilings, adding a sense of openness. All units are equipped with in-unit laundry for added tenant convenience and appeal.
Recent updates in 2024 include a new roof and siding, along with select window, sliding door, and A/C unit replacements reducing future maintenance needs and enhancing property value. Located in a desirable rental area with strong demand, this property is a solid addition to any investment portfolio.

Listing Agent

John Livingston

Hunziker & Assoc.-Ames License #S61819 Listed on: 09/12/2025

Co-Listing Agent

Stephanie Livingston

Hunziker & Assoc.-Ames License #S65079000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,808

Year Built

  • Built in 1998

Lot Details

  • 0.42 Acre Lot

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 7,904 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Vinyl

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number Multiple/See abstract

Community Details

Overview

  • No Home Owners Association

Building Details

  • Operating Expense $3,036
  • Gross Income $9,385
  • Net Operating Income $6,349

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,808

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Property Sub Type: Eight Plex
  • Prop. Type: Multi-Family
  • Lot Size Acres: 0.42
  • Co List Office Mls Id: HUNZIKER
  • Co List Office Phone: 515-233-4450
  • Directions: From South Dakota head west on Steinbeck. The building will be on your left.
  • Architectural Style: Traditional
  • Garage Yn: No
  • Unit Levels: Two
  • Year Built: 1998
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Cooling:Central Air: Yes
  • Floor:Carpet: Yes
  • Floor:Vinyl2: Yes
  • Foundation:Slab: Yes
  • Features:Cable TV: Yes
  • Annual Expenses: 3036.0
  • Income Expenses Net Income: 6349.0
  • Special Features: None

Interior Features

  • Has Basement: None
  • Flooring: Vinyl, Carpet
  • Basement:None3: Yes

Exterior Features

  • Construction Type: Vinyl Siding
  • Foundation Details: Slab

Garage/Parking

  • Keywords:Garage Type3: None
  • Keywords:Parking Spaces2: 31 - 50 Spaces

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: 18424.0
  • Parcel #: Multiple/See abstract
  • Zoning: RH

Rental Info

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

Multi Family

  • Annual Gross Income: 9385.0
  • Property Net Operating Income: 6349.0
  • Annual Operating Expense: 3036.0

Tax Info

  • Tax Annual Amount: 9808.0

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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

Property History

Date Event Price List to Sale Price per Sq Ft
09/12/2025 09/12/25 For Sale $1,200,000 -- $152 / Sq Ft
Source: Central Iowa Board of REALTORS®

Source: Central Iowa Board of REALTORS®

MLS Number: 68439

Iowa Story County Ames 50014 College Creek

4524 Steinbeck St, Ames, IA

For Sale

MultiFamily

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
John Livingston
Listing Agent
John Livingston
Section Image
Hunziker & Assoc.-Ames
(515) 827-4311