Multi-Family Properties for Sale in Ames, Iowa - Apartment Buildings for Sale | Friedrich Realty

Properties

2823-2825 Ontario Street, Ames, IA 50014

$255,000.00

estimated mortgage

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This home is currently listed as a delayed showing. Under no circumstances will any showings be allowed until 06/19/26 at 9 am. The Sellers will not accept any proposed purchase agreements/offers earlier than 10:00 am June 22th.

Discover an excellent investment and lifestyle opportunity with this beautifully updated two-family duplex. Ideally situated, this property offers unmatched convenience with public bus stops just across the street, a short 5-minute walk to campus, and only a 3-minute drive to the Abbie Sawyer Elementary School.

This well-designed duplex features two separate units, each with its own attached garage. Both units offer a comfortable layout with 2 bedrooms and 1 full bathroom. Unit 2823 is currently occupied by a long-term, reliable tenant of over five years, providing immediate and stable rental income. Unit 2825 has just been fully renovated and is vacant, featuring a brand-new kitchen, new bathroom, new carpet and vinyl flooring, new windows, new furnace, new roof(2024), and sleek stainless steel appliances--completely move-in ready.

Whether you're looking to owner-occupy while generating rental income or expand your investment portfolio, this turnkey duplex is a fantastic opportunity you won't want to miss.

Seller is a licensed real estate agent representing themselves.

Listing courtesy of

LPT Realty, LLC

MLS #:

70480

Year Built:

1976

Lot Size:

14567

Monthly payments are estimates based on current market rates for a 30-year fixed mortgage with 20% down and 5.0% interest. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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