Multi-Family Properties for Sale in Ames, Iowa - Apartment Buildings for Sale | Friedrich Iowa Realty

Properties

1009/1011 N Dakota Avenue, Ames, IA 50014

$273,000.00

estimated mortgage

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Well-cared for West Ames duplex with great rental history. Each unit has 3 bedrooms, 1 full bathroom, in-unit laundry, and a 1 stall detached garage as well as ample off-street parking. New roof and gutters and gutter toppers in 2023, new AC in 2017, vinyl siding, and low maintenance exteriors. Landlord covers lawn, snow removal and trash services...Tenants cover all other utilities.Could be sold individually or as a package deal with 1019/1021 North Dakota Ave next door which is also for sale. Current Letter of Compliance with the City of Ames through 3/26/26. Unit 1011 (upper) is leased through December of '24 and rents for $1200/mo. Unit 1009 (lower) is leased through July '25 and rents for $975/mo. 24 hour notice for all showings.

Listing courtesy of

CENTURY 21 SIGNATURE-Ames

MLS #:

65155

Year Built:

1979

Total Living Space:

2228 SqFeet

Lot Size:

0.16 Acres

Total Living Space:

2228 SqFeet

Garage:

2 car, detached

Interior Features:

Bus, Cable TV, School, Storage Units

Exterior:

Vinyl

Foundation:

Slab

Heat Type:

Forced Air, Natural Gas

Cool Type:

Central Air

Monthly payments are estimates based on current market rates for a 30-year fixed mortgage with 20% down and 5.0% interest. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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