$1,200,000

4524 Steinbeck St Ames, IA 50014

College Creek Neighborhood

Estimated payment $6,993/month

Total Views 10,608
-- Bed
-- Bath
7,904 Sq Ft
$152 Price per Sq Ft

Highlights

  • Traditional Architecture
  • Forced Air Heating and Cooling System
  • Carpet
  • No HOA

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 Brokerage Phone: 515-291-0922 License #S61819 Listed on: 09/12/2025

Co-Listing Agent

Stephanie Livingston

Hunziker & Assoc.-Ames Brokerage Phone: 515-291-0922 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

0.42 Acres

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
  • Attribution Contact: 515-291-0922
  • 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

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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

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