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

Properties

527 Boone Street, Boone, IA 50036

$215,000.00

estimated mortgage

Request Information

Perfect opportunity for investors or owner-occupants! Live in one unit and rent out the other two to help offset--or potentially cover--your mortgage payment. This well-maintained triplex features a newer furnace and central air, along with a low-maintenance exterior boasting updated vinyl siding, windows, and roof.

A detached two-car garage offers additional income potential at approximately $100 per month or can be reserved for your own use. The full basement includes coin-operated laundry for tenant convenience, adding another potential revenue stream. Off-street parking provides ample space for residents and guests.

Conveniently located close to downtown, you'll enjoy easy access to shopping, dining, services, and local amenities. Whether you're looking to expand your investment portfolio or start building equity while generating rental income, this property offers excellent potential.

Don't miss this opportunity!

Listing courtesy of

iHome Realty

MLS #:

70417

Year Built:

1880

Lot Size:

6300

Exterior:

Vinyl Siding

Foundation:

Brick/Mortar

Heat Type:

Forced Air

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.

© 2026 Friedrich Realty. All rights reserved. Equal Housing Opportunity.