$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 DR #103 Ames, IA 50010
1,728 SqFt
Key Details
Sold Price $284,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,728 sqft
Price per Sqft $164
MLS Listing ID 67296
Year Built 1977
Annual Tax Amount $3,739
Lot Size 10,454 Sqft
Property Sub-Type Duplex
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
Zoning UCRM
Interior
Heating Forced Air
Cooling Central Air
Building
Foundation Block
Sewer Public Sewer
Water Public
Structure Type Wood Siding
Schools
School District Ames
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