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1407 Georgia Avenue, Ames, IA 50014

Ames
Local realty services provided by:CENTURY 21 Signature Real Estate
1407 Georgia Avenue,Ames, IA 50014
$550,000
  • - Beds
  • - Baths
  • 3,120 sq. ft.
  • Multi-family
  • Active
Listed by: gale & ryan gehling
Office: keller williams ames
MLS#:70227
Source:IA_CIBR

Price summary

  • Price:$550,000
  • Price per sq. ft.:$176.28

About this home

Outstanding income-producing triplex built in 1995 offering three large 4-bedroom, 2 full bathroom units. Each unit features its own washer and dryer, private garage, and spacious floor plan designed for strong tenant appeal and long-term occupancy. Market rents are projected at $1,470 per month per unit, creating excellent income potential for investors. The property has been well maintained and includes a newer roof installed in 2019. The Landlord provides lawn care, snow removal, and trash service; all other utilities are the responsibility of the tenants. Large bedroom counts, desirable tenant amenities, and solid rental income make this a rare multifamily opportunity with strong cash flow potential and long-term investment value.

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Home facts

  • Year built:1995
  • Listing ID #:70227
  • Added:1 day(s) ago
  • Updated:May 20, 2026 at 04:47 PM

Rooms and interior

  • Flooring:Carpet, Vinyl
  • Living area:3,120 sq. ft.

Heating and cooling

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

Structure and exterior

  • Year built:1995
  • Building area:3,120 sq. ft.
  • Lot area:0.23 Acres
  • Foundation Description:Poured

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$550,000
  • Price per sq. ft.:$176.28

Parking

  • Garage spaces:4
Based on information submitted to the MLS GRID as of May 20, 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

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