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Traci Jennings

[email protected] +1(515) 291-8720

$ 282,500

Est. payment -/mo

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219 Franklin AVE Ames, IA 50014

4 Beds

3 Baths

1,157 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,157 sqft

Price per Sqft $244

MLS Listing ID 66806

Style 1 1/2 Story

Bedrooms 4

Full Baths 3

HOA Y/N No

Originating Board Central Iowa Board of REALTORS®

Year Built 1929

Lot Size 9,583 Sqft

Acres 0.22

Property Sub-Type Single Family Residence

Property Description

A rare investment opportunity to own a 4 bedroom, 3 bathroom home in Ames, Iowa in a prime location for rental property ownership, just a short walk from Iowa State University. With spacious bedrooms, hardwood floors on the main level, and stainless steel appliances, the home is both functional and low-maintenance. Recent updates include new siding, roof, and vinyl windows, along with a 2021 HVAC system, providing peace of mind for years to come. Outside, enjoy a large yard and a detached one-stall garage. The property is currently leased through July 2026, with a rent increase already signed for the upcoming lease term, offering consistent cash flow from day one. A newly renewed Letter of Compliance is already in the works. Properties of this size and condition near campus are rare—this is a great long-term hold in an area with strong rental demand!

Location

State IA

County Story

Zoning Res

Body of Water Public

Rooms

Basement Partial

Primary Bedroom Level No

Bedroom 2 No

Interior

Interior Features Ceiling Fan(s)

Heating Forced Air, Natural Gas

Cooling Central Air

Flooring Vinyl, Hardwood, Carpet

Appliance Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer

Exterior

Street Surface Hard Surface

Porch Patio, Porch - Open

Road Frontage Maintained

Garage Yes

Building

Foundation Tile, Brick/Mortar

Sewer Public Sewer

Water Public

Structure Type Vinyl

Schools

School District Ames

Others

Special Listing Condition Standard

Listed by RE/MAX REAL ESTATE CENTER

Traci Jennings

Broker/Owner | License ID: B58326000

+1(515) 291-8720

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Des Moines, IA

Traci Jennings

219 Franklin AVE Ames, IA 50014

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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219 Franklin AVE