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219 Franklin Avenue, Ames, IA 50014

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For Sale

$282,500

4 beds3 baths1,157 sqft

Estimated Payment

$      /mo.

APR for 30 years

Change Loan Terms

  • Single Family Detached
    Property type

  • $244.17
    Price per square foot

  • Over 50 Years Old
    Age

  • Fireplace
    Fireplace

Explore this Property

A rare investment opportunity to own a 4 bedroom, 3 bathroom home in Ames, Iowa in a prime location for rental property ownership, just a short walk from Iowa State University. With spacious bedrooms, hardwood floors on the main level, and stainless steel appliances, the home is both functional and low-maintenance. Recent updates include new siding, roof, and vinyl windows, along with a 2021 HVAC system, providing peace of mind for years to come. Outside, enjoy a large yard and a detached one-stall garage. The property is currently leased through July 2026, with a rent increase already signed for the upcoming lease term, offering consistent cash flow from day one. A newly renewed Letter of Compliance is already in the works. Properties of this size and condition near campus are rare--this is a great long-term hold in an area with strong rental demand!
MLS# 66806

Courtesy Of RE/MAX REAL ESTATE CENTER

2324663

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Porch, Patio, Ceiling Fan
  • Appliances
    Dishwasher, Dryer, Garbage Disposer, Microwave, Range, Refrigerator, Washer
  • Architecture Style
    Other
  • Fireplace
    Fireplace
  • Floor Covering
    Carpet, Hardwood, Tile, Vinyl
  • Heating System
    Forced Air
  • Lot Size
    0.22 Acres

Map and Directions

Directions to 219 Franklin Avenue, Ames, IA 50014
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Home seller CENTURY 21 Signature Real Estate

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CENTURY 21 Signature Real Estate

(515) 233-2623
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