3500 Grand Avenue Active Save Request In-Person Tour Request Virtual Tour
Ames,IA 50010
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 13,090 sqft
Price per Sqft $251
MLS Listing ID 725195
Bedrooms 65
Full Baths 43
Year Built 1977
Annual Tax Amount $33,733
Tax Year 2024
Lot Size 2.102 Acres
Property Description
Incredible investment opportunity in Ames, Iowa, a thriving college town with strong rental demand and easy accessibility to the Iowa State University campus. This property includes 43 total units across two well-maintained buildings, offering a desirable mix of 22 two-bedroom units and 21 one-bedroom units. Each unit features a full bath along with a refrigerator, stove, and dishwasher. Residents also benefit from the convenience of two washers and two dryers per building. The property has seen significant capital improvements including: New roofs and siding, HVAC systems (many replaced within the last 10 years), water heaters (5–7 years old), most decks have been replaced, and updated flooring in many units. Located in close proximity to North Grand Mall, shopping, and restaurants.
Location
State IA
County Story
Area Ames
Zoning RH
Interior
Heating Forced Air,Gas,Natural Gas
Cooling Central Air
Flooring Carpet,Laminate
Exterior
Utilities Available Electricity Available,Natural Gas Available,Water Available
Roof Type Asphalt,Shingle
Building
Lot Description Irregular Lot
Dwelling Type Apartment,Multi Family
Foundation Poured,Slab
Sewer Public Sewer
Water Public
Schools
School District Ames
Others
Monthly Total Fees $2,811
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional