IA > Ames
Ames, IA 50010,3500 Grand Avenue
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Ames, IA 50010,3500 Grand Avenue
Ames, IA 50010,3500 Grand Avenue
Ames, IA 50010,3500 Grand Avenue
Ames, IA 50010,3500 Grand Avenue
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Traci Jennings

Traci Jennings

Jennings Real Estate Team

+1(515) 291-8720
$ 3,295,000
Est. payment /mo
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3500 Grand Avenue Ames, IA 50010

65 Beds

43 Baths

13,090 SqFt

UPDATED:

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

HOA Y/N No

Year Built 1977

Annual Tax Amount $33,733

Tax Year 2024

Lot Size 2.102 Acres

Acres 2.102

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

Furnishings Unfurnished

Fireplace No

Appliance Dishwasher, Refrigerator, Stove

Exterior

Utilities Available Electricity Available, Natural Gas Available, Water Available

Roof Type Asphalt,Shingle

Private Pool No

Building

Lot Description Irregular Lot

Dwelling Type Apartment,Multi Family

Foundation Poured, Slab

Sewer Public Sewer

Water Public

Schools

School District Ames

Others

HOA Fee Include Maintenance Structure,Taxes

Tax ID 0526300040

Monthly Total Fees $2, 811

Security Features Smoke Detector(s)

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

©2025 Des Moines Area Association of REALTORS®. All rights reserved.
Listed by Century 21 Signature
agent

Traci Jennings

Broker/Owner | License ID: B58326000

+1(515) 291-8720

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