615 Ken Maril Road #617, Ames, IA 50010
Local realty services provided by:Better Homes and Gardens Real Estate Innovations
615 Ken Maril Road #617,Ames, IA 50010
$325,000
- 4 Beds
- 2 Baths
- 1,009 sq. ft.
- Multi-family
- Active
Listed by: traci jennings, jennings-brant, abigail
Office: re/max real estate center
MLS#:735324
Source:IA_DMAAR
Price summary
- Price:$325,000
- Price per sq. ft.:$322.1
About this home
ASSUMABLE 2.875% FHA loan with approximately 25 years remaining; a RARE opportunity to secure financing far below today's market rates. For investors or house hackers, this creates the chance to step into a significantly lower monthly payment while building equity in one of Iowa's most stable rental markets near Iowa State University. Letter of Compliances already taken care of. This maintained duplex features 2 units, each offering 2 beds + 1 full bath, laundry in both units, along with a detached 2 car garage and a practical layout. Each unit has separate mechanicals + separate utility meters, allowing tenants to pay their own utilities and simplifying mgmt for the owner. The home has been updated with new LVP flooring, fresh interior paint, and improved landscaping, giving it an updated feel. The owner has also completed meaningful capital improvements, including installing a brand new city water line to the property + replacing the roof on the detached garage along w/ new high-quality gutters and gutter guards; significant upgrades already taken care of for the next owner. All appliances included + vinyl windows make this an investment ready for immediate occupancy/rental income. Whether you're looking to house hack or add a solid property to your portfolio, this duplex offers strong fundamentals, low-maintenance updates, and the rare assumable 2.875% mortgage. (to qualify for assumable mortgage you have to live in 1 side) Call agent today for your showing and more info!!...
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Home facts
- Year built:1979
- Listing ID #:735324
- Added:13 day(s) ago
- Updated:March 16, 2026 at 05:01 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:2
- Full bathrooms:2
- Kitchen Description:Microwave, Refrigerator, Stove
- Basement:Yes
- Basement Description:Finished
- Living area:1,009 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:1979
- Building area:1,009 sq. ft.
- Lot area:0.2 Acres
- Lot Features:Rectangular Lot
- Architectural Style:Split Foyer
- Construction Materials:Brick, Vinyl Siding
- Foundation Description:Block
- Levels:Multi/Split
Utilities
- Water:Public, Water Available
- Sewer:Public Sewer
Finances and disclosures
- Price:$325,000
- Price per sq. ft.:$322.1
- Tax amount:$3,419
Features and amenities
- Appliances:Dryer, Microwave, Refrigerator, Stove, Washer
- Laundry features:Dryer, Upper Level, Washer
- Amenities:Smoke Detectors, Window Treatments
Parking
- Parking description:Detached, Garage, Two Car Garage
- Garage:Yes
- Garage spaces:2
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