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

Properties

4524 Steinbeck Street, Ames, IA 50014

$1,200,000.00

estimated mortgage

Request Information

Modern & Spacious 8-Plex in West Ames. Outstanding investment opportunity in West Ames! This well-maintained 8-plex features eight 3-bedroom, 2-bathroom units, each offering a spacious and functional layout. Lower-level units include patios, while upper-level units feature decks and vaulted ceilings, adding a sense of openness. All units are equipped with in-unit laundry for added tenant convenience and appeal.Recent updates in 2024 include a new roof and siding, along with select window, sliding door, and A/C unit replacements reducing future maintenance needs and enhancing property value. Located in a desirable rental area with strong demand, this property is a solid addition to any investment portfolio.

Listing courtesy of

Hunziker & Assoc.-Ames

MLS #:

68439

Year Built:

1998

Total Living Space:

7904 SqFeet

Total Living Space:

7904 SqFeet

Interior Features:

Cable TV

Exterior:

Vinyl Siding

Foundation:

Slab

Heat Type:

Forced Air, Natural Gas

Cool Type:

Central Air

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.

© 2025 Friedrich Iowa Realty. All rights reserved. Equal Housing Opportunity.