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$ 550,000
Est. payment | /mo
3,120 SqFt
$ 550,000
Est. payment | /mo
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
Broker Associate | License ID: 64826000







