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    Ames, IA
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    Ames, IA Apartment Buildings for Sale

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    Kelley, IA Gilbert, IA Nevada, IA Huxley, IA Cambridge, IA Story City, IA Slater, IA Luther, IA
    6 properties
    8-Unit Apartment Building
    Updated: Feb 18
    8-Unit Apartment Building

    215 Jewel Drive, Ames, IA 50010

    $950,000
    8,267 sqft 0.57 AC lot
    8‑unit apartment property built in 1996
    Unit mix includes four 2BR, two 3BR, and two 4BR apartments
    Each unit has 2 full baths
    Two recently renovated vacant units are available for showings
    8,267 square feet on 0.5739 acres
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    Two-Building Apartment Portfolio
    Updated: May 19
    Two-Building Apartment Portfolio

    1209 Mayfield Drive, Ames, IA 50014

    $2,350,000
    36 apartments across two 18‑unit buildings
    24 two‑bedroom units and 12 three‑bedroom units
    Unit sizes range from 875 to 1,125 square feet
    All apartments include 2 full bathrooms and in‑unit washer/dryer
    New roofs completed in 2025
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    Two-Building Apartment Package
    Two-Building Apartment Package

    1210 Walton Drive, Ames, IA 50014

    $2,350,000

    Thirty-six residences offer two- and three-bedroom layouts with in-unit laundry and included appliance packages.

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    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    8-Unit Apartment Building
    8-Unit Apartment Building

    215 Jewel Dr, Ames, IA 50010

    $950,000
    1,120 sqft

    Eight apartments provide a varied bedroom mix, with two full baths in every unit.

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    39-Unit Apartment Community
    39-Unit Apartment Community

    4733 Toronto Street, Ames, IA 50014

    $3,000,000

    The property offers one- and three-bedroom layouts, with roof and select interior and mechanical upgrades completed.

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    Ames Iowa Student Housing Portfolio
    Ames Iowa Student Housing Portfolio

    626 South 16th Street, Ames, IA 50010

    Contact for pricing
    31,307 sqft

    47-unit multifamily portfolio near Iowa State University for sale.

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    Based on your search, we've compiled 18 Potential Opportunities for your consideration. Besides 6 Active listings in Ames, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 8 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Five-Unit Apartment Building
    Five-Unit Apartment Building

    316 Boone Street, Boone, IA 50036

    $225,000
    3,269 sqft 0.25 AC lot

    Multifamily property with refreshed interiors, a spacious front porch, and public water and sewer service.

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    Brick Apartment Building
    Brick Apartment Building

    111 S Main Street, Woodward, IA 50276

    $240,000
    4,760 sqft 0.16 AC lot

    Apartment property with public water and sewer service, natural-gas forced-air heating, and window-unit cooling.

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    Boone Iowa Apartment Community
    Boone Iowa Apartment Community

    1104 8th St, Boone, IA 50036

    Contact for pricing
    42,122 sqft

    57-unit apartment community in Boone, Iowa, near Iowa State.

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    Mixed-Use Laundromat and Apartments
    Mixed-Use Laundromat and Apartments

    115 S Main St, Woodward, IA 50276

    $223,000

    Income-focused mixed-use property combining a commercial laundromat with five rental units.

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    Off-Market Properties in Ames, IA

    Consider similar Off-Market properties in Ames, IA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    2702 Lincoln Way
    HIGH-RISE APARTMENTS

    2702 Lincoln Way, Ames, IA 50014-7422

    Estimated value:
    $31,755,000
    289,606 sqft 0.04 AC lot
    View details
    2700 Lincoln Way
    HIGH-RISE APARTMENTS

    2700 Lincoln Way, Ames, IA 50014-7594

    Estimated value:
    $31,755,000
    289,606 sqft 1.77 AC lot
    View details
    111 Lynn Ave
    HIGH-RISE APARTMENTS

    111 Lynn Ave, Ames, IA 50014-7191

    Estimated value:
    $40,230,000
    105,550 sqft 0.62 AC lot
    View details
    439 Maple Ave
    Multifamily properties

    439 Maple Ave, Ames, IA 50010

    Estimated value: by Request
    View details
    2300 Lincoln Way, Unit 100
    HIGH-RISE APARTMENTS

    2300 Lincoln Way, Ames, IA 50014-7103

    Unit 100
    Estimated value:
    $4,740,000
    85,902 sqft 0.43 AC lot
    View details
    720 Kellogg Ave
    HIGH-RISE APARTMENTS

    720 Kellogg Ave, Ames, IA 50010-6256

    Estimated value:
    $1,725,000
    28,280 sqft 0.50 AC lot
    View details
    Ames, IA 50014
    HIGH-RISE APARTMENTS

    Ames, IA 50014

    Estimated value:
    $29,440,000
    144,750 sqft 1.42 AC lot
    View details
    Ames, IA 50014
    HIGH-RISE APARTMENTS

    Ames, IA 50014

    Estimated value:
    $350,000
    85,902 sqft 0.43 AC lot
    View details

    Ames, IA Apartment Buildings Market Trends and Statistics

    Explore 14 apartment buildings for sale in Ames, IA, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 40,694 square feet of properties for sale, with an estimated market value of $9,600,000.

    Sale prices for apartment complexes in Ames, IA start at $950,000, averaging $1,920,000, and reaching up to $3,000,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 71K
    Population Growth (5Y) +1.2%
    Median Household Income $61,665
    College Educated 81.6%

    High-Yield Neighborhoods for Investment

    Identify Ames submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    50010 $950K
    50014 $2.4M

    Taxes & Financing

    Tax Rate (average for all types) 2.40%
    Property Tax per SF $22.54 per SF
    Tax Rate vs County Average 0.15 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Story County

    New Delisted

    Total CRE Inventory on Market (SF)

    How Realmo verifies these figures

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    • 50014
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