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317 20th Street, Ames, IA 50010

Ames
Local realty services provided by:CENTURY 21 Signature Real Estate
317 20th Street,Ames, IA 50010
$242,000
  • - 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:$242,000
  • Price per sq. ft.:$139.08

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...

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Home facts

  • Year built:1900
  • Listing ID #:70391
  • Added:49 day(s) ago
  • Updated:July 24, 2026 at 06:38 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:$242,000
  • Price per sq. ft.:$139.08
Based on information submitted to the MLS GRID as of July 24, 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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