$284,000
$299,000
5.0%For more information regarding the value of a property, please contact us for a free consultation.
101 S Riverside Drive #103 Ames, IA 50010
6 Beds
2 Baths
1,728 SqFt
Key Details
Sold Price $284,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,728 sqft
Price per Sqft $164
MLS Listing ID 717020
Sold Date 07/02/25
Style Ranch
Bedrooms 6
Full Baths 2
HOA Y/N No
Year Built 1977
Annual Tax Amount $3,739
Lot Size 10,497 Sqft
Acres 0.241
Property Description
This well-maintained duplex is located just minutes from the Iowa State University campus, making it an ideal choice for both investors and student renters. Each unit offers 3 spacious bedrooms and 1 full bathroom, with a functional layout and comfortable living space that consistently attracts reliable tenants.
The property is fully leased through 2026, providing immediate and stable rental income. Situated in a high-demand area with easy access to campus, CyRide bus stops, shopping, and dining, this duplex boasts an excellent rental history. The only landlord responsibilities are snow removal and lawn care, making it a low-maintenance investment.
With strong cash flow potential and a location that's always in demand, this is a rare opportunity to own a turn-key property in the heart of Ames.
Location
State IA
County Story
Area Ames
Zoning UCRM
Rooms
Basement Unfinished
Interior
Heating Forced Air, Gas, Natural Gas
Cooling Central Air
Fireplace No
Appliance Dryer, Dishwasher, Refrigerator, Stove, Washer
Exterior
Utilities Available Electricity Available, Natural Gas Available, Water Available
Private Pool No
Building
Foundation Block
Sewer Public Sewer
Water Public
Schools
School District Ames
Others
Tax ID 0910126020
Monthly Total Fees $311
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Financing Cash
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