1407 Georgia AVE, Ames, IA 50014
1407 Georgia AVE, Ames, IA 50014
1407 Georgia AVE, Ames, IA 50014
1407 Georgia AVE, Ames, IA 50014
1407 Georgia AVE, Ames, IA 50014
1407 Georgia AVE, Ames, IA 50014
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$ 550,000
Est. payment | /mo

3,120 SqFt


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$ 550,000
Est. payment | /mo
Save

3,120 SqFt

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,120 sqft

Price per Sqft $176

MLS Listing ID 70227

HOA Y/N No

Year Built 1995

Annual Tax Amount $5,126

Lot Size 10,018 Sqft

Acres 0.23

Property Sub-Type Triplex

Source Central Iowa Board of REALTORS®

Land Area 3120

Property Description

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.

Location

State IA

County Story

Zoning RH

Body of Water Public

Rooms

Basement Full

Interior

Heating Forced Air, Natural Gas

Cooling Central Air

Flooring Vinyl, Carpet

Exterior

Garage Yes

Building

Foundation Poured

Sewer Public Sewer

Water Public

Structure Type Vinyl Siding

Schools

School District Ames

Listed by Keller Williams Ames

Nearby Locations

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Shonna Murrey
Shonna Murrey

Broker Associate | License ID: 64826000

+1(515) 612-8939

315 SW Maple St, Ankeny, IA, 50023, USA

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1407 Georgia AVE

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