317 20th Street, Ames, IA 50010
Local realty services provided by:CENTURY 21 Signature Real Estate
317 20th Street,Ames, IA 50010
$257,000
- - Beds
- - Baths
- 1,740 sq. ft.
- Multi-family
- Active
Listed by: abigail jennings-brant, collin fett
Office: re/max real estate center
MLS#:70391
Source:IA_CIBR
Price summary
- Price:$257,000
- Price per sq. ft.:$147.7
About this home
Ames investment opportunity with strong rental history and leases already secured through July 2027. This historic brick duplex offers immediate cash flow with future rental increases already in place, making it an attractive addition to an investment portfolio. The property consists of two units, including a main level 2 bedroom, 1 bathroom unit currently rented for $850/month and renewing at $900/month next lease term, along with an upper-level 1 bedroom, 1 bathroom unit currently rented for $600/month. Both units feature hardwood flooring, appliances included, and functional layouts full of original character and charm. Additional features include a full basement with laundry hookups, newer driveway aiding in plenty of off-street parking, private yard space, and a unique brick exterior that gives the property standout character. Current gross rental income totals $1,450/month with upside potential already built in. Whether you are looking to expand your portfolio or add a stable income-producing property with long-term value, this duplex is worth a look. Property sold AS IS....
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Home facts
- Year built:1900
- Listing ID #:70391
- Added:1 day(s) ago
- Updated:June 06, 2026 at 02:42 PM
Rooms and interior
- Flooring:Carpet, Hardwood, Laminate
- Living area:1,740 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Forced Air, Natural Gas
- Central air:Yes
Structure and exterior
- Year built:1900
- Building area:1,740 sq. ft.
- Lot area:0.23 Acres
- Foundation Description:Brick/Mortar, Tile
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$257,000
- Price per sq. ft.:$147.7
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