317 20th Street #319, Ames, IA 50010

Ames
Local realty services provided by:Better Homes and Gardens Real Estate Innovations
317 20th Street #319,Ames, IA 50010
$242,000
  • 3 Beds
  • 2 Baths
  • 1,740 sq. ft.
  • Multi-family
  • Active
Listed by: jennings-brant, abigail, collin fett
Office: re/max real estate center
MLS#:742047
Source:IA_DMAAR

Price summary

  • Price:$242,000
  • Price per sq. ft.:$139.08

About this home

Ames investment opportunity with strong rental history and leases already secured through July 2027. This historic brick duplex offers immediate cash flow with future rental increases already in place, making it an attractive addition to an investment portfolio. The property consists of two units, including a main level 2 bedroom, 1 bathroom unit currently rented for $850/month and renewing at $900/month next lease term, along with an upper-level 1 bedroom, 1 bathroom unit currently rented for $600/month. Both units feature hardwood flooring, appliances included, and functional layouts full of original character and charm. Additional features include a full basement with laundry hookups, newer driveway aiding in plenty of off-street parking, private yard space, and a unique brick exterior that gives the property standout character. Current gross rental income totals $1,450/month with upside potential already built in. Whether you are looking to expand your portfolio or add a stable...

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Home facts

  • Year built:1900
  • Listing ID #:742047
  • Added:48 day(s) ago
  • Updated:July 23, 2026 at 10:42 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:2
  • Full bathrooms:2
  • Flooring:Tile
  • Kitchen Description:Refrigerator, Stove
  • Basement:Yes
  • Basement Description:Unfinished
  • Living area:1,740 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Forced Air, Gas, Natural Gas
  • Central air:Yes

Structure and exterior

  • Roof:Asphalt, Shingle
  • Year built:1900
  • Building area:1,740 sq. ft.
  • Lot area:0.23 Acres
  • Lot Features:Rectangular Lot
  • Construction Materials:Brick, Vinyl Siding
  • Foundation Description:Brick/Mortar

Utilities

  • Water:Public, Water Available
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$242,000
  • Price per sq. ft.:$139.08
  • Tax amount:$2,554

Features and amenities

  • Appliances:Refrigerator, Stove
  • Amenities:Smoke Detectors

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