Add Listing
    Ames, IA
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Property Types
    • Retail
    • Office
    • Residential Income
    • Restaurants
    • Industrial
    • Mixed-Use
    • Hospitality
    • Health Care
    • Sports & Entertainment
    • Land
    • Agricultural
    • Specialty
    Price
    Price
    $
    $

    Ames, IA Apartment Buildings for Sale

    Notify Me
    List
    Map
    Nevada, IA Huxley, IA Boone, IA
    6 results
    Ames 8-Plex Investment Opportunity
    $995,000
    8,267 SF

    Ames 8-Plex Investment Opportunity

    215 Jewel Drive, Ames, IA 50010

    Turnkey 8-unit multifamily property with strong rental history in Ames.

    • Strong rental history with long‑term tenants ensures immediate cash flow.
    • Turnkey investment opportunity; ready for immediate operation.
    • Diverse unit mix: 2BR, 3BR, and 4BR units cater to a wide range of renters.
    • Two recently renovated vacant units are available for immediate showings.
    • Each unit has 2 full baths.
    Updated: Feb 18
    View details
    Ames Multifamily Property Package
    $2,350,000

    Ames Multifamily Property Package

    1210 Walton Drive, Ames, IA 50014

    Well-maintained multifamily property in West Ames with comfortable, updated units.

    • Package sale of two well‑maintained, 18‑unit buildings in West Ames.
    • Each unit includes in‑unit laundry and updated LVT flooring.
    • Convenient location directly across from a CyRide stop, providing easy access to transit.
    • Mix of 2- and 3‑bedroom units, each with 2 full bathrooms.
    • Community benefits include fitness center membership and free parking.
    Updated: May 19
    View details
    Multifamily Property in West Ames
    $2,350,000

    Multifamily Property in West Ames

    Well-maintained multifamily property with updated units and convenient location.

    1209 Mayfield Drive, Ames, IA 50014
    View details
    Student Housing Portfolio in Ames
    $4,300,000
    31,307 SF

    Student Housing Portfolio in Ames

    47-unit student housing portfolio near Iowa State University.

    519 Welch Avenue, Ames, IA 50014
    View details
    Riverview Apartments in Ames, Iowa
    $2,850,000
    39,180 SF

    Riverview Apartments in Ames, Iowa

    43-unit apartment community near Iowa State University.

    3500 Grand Ave, Ames, IA 50010
    View details
    Ames Iowa Student Housing Portfolio
    $4,300,000
    31,307 SF

    Ames Iowa Student Housing Portfolio

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

    626 South 16th Street, Ames, IA 50010
    View details
    Based on your search, we've compiled 22 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, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    32-Unit Multifamily Community in Ankeny, Iowa
    $2,500,000
    25,600 SF

    32-Unit Multifamily Community in Ankeny, Iowa

    Well-maintained 32-unit apartment complex in Ankeny, Iowa.

    218 Northwest State Street, Ankeny, IA 50023
    View details
    Parkview Terrace Multifamily Investment Opportunity
    $1,725,000
    23,760 SF

    Parkview Terrace Multifamily Investment Opportunity

    24-unit apartment community in Boone, Iowa with value-add potential.

    1003 Parkway Drive, Boone, IA 50036
    View details
    Boone Iowa Apartment Community
    $3,595,000
    42,122 SF

    Boone Iowa Apartment Community

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

    1104 8th St, Boone, IA 50036
    View details
    Spacious Condo with Modern Updates
    $172,000
    1,214 SF

    Spacious Condo with Modern Updates

    Updated ground floor condo with three bedrooms and detached garage.

    1107 NE 5th Lane #5, Ankeny, IA 50021
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Prime Development Land, Springfield MO
    $2,850,000
    29.20 Acres

    Prime Development Land, Springfield MO

    29.2 acres of retail-zoned land for mixed-use development.

    N West Bypass, Springfield, MO 65802
    View details
    Norman Land For Luxury Condos
    $285,000
    0.74 Acres

    Norman Land For Luxury Condos

    Prime Norman land suitable for luxury condos development.

    801 NW 36th Avenue, Norman, OK 73072
    View details
    Buildable Lot for Luxury Condos
    $285,000
    0.74 Acres

    Buildable Lot for Luxury Condos

    0.74 acre buildable lot zoned for low-density apartments.

    801 36th Ave NW, Norman, OK 73072
    View details
    Asheville Development Opportunity: 5.94 Acres
    $2,500,000
    5.94 Acres

    Asheville Development Opportunity: 5.94 Acres

    5.94-acre parcel zoned RM6, ideal for multi-family development.

    215 N Bear Creek Road, Asheville, NC 28806
    View details

    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
    289,606 SF Lot: 0.04 Acres

    2702 Lincoln Way, Ames, IA 50014-7422

    View details
    2700 Lincoln Way
    HIGH-RISE APARTMENTS
    289,606 SF Lot: 1.77 Acres
    Estimated value
    $31,755,000

    2700 Lincoln Way, Ames, IA 50014-7594

    View details
    111 Lynn Ave
    HIGH-RISE APARTMENTS
    105,550 SF Lot: 0.62 Acres
    Estimated value
    $40,230,000

    111 Lynn Ave, Ames, IA 50014-7191

    View details
    439 Maple Ave
    Multifamily properties
    Value Estimation by Request

    439 Maple Ave, Ames, IA 50010

    View details
    2300 Lincoln Way, Unit 100
    HIGH-RISE APARTMENTS
    85,902 SF Lot: 0.43 Acres
    Estimated value
    $4,740,000
    Unit 100

    2300 Lincoln Way, Ames, IA 50014-7103

    View details
    720 Kellogg Ave
    HIGH-RISE APARTMENTS
    28,280 SF Lot: 0.50 Acres
    Estimated value
    $1,725,000

    720 Kellogg Ave, Ames, IA 50010-6256

    View details
    Ames, IA 50014
    HIGH-RISE APARTMENTS
    144,750 SF Lot: 1.42 Acres
    Value Estimation by Request

    Ames, IA 50014

    View details
    Ames, IA 50014
    HIGH-RISE APARTMENTS
    85,902 SF Lot: 0.43 Acres
    Value Estimation by Request

    Ames, IA 50014

    View details

    Ames, IA Apartment Buildings Investment Opportunities Market Analysis

    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 55,351 square feet of properties for sale, with an estimated market value of $5,045,000.

    Sale prices for two-family homes in Ames, IA start at $995,000, averaging $1,681,666, and reaching up to $2,850,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    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 median listing prices of real estate assets

    Neighborhood Average Price
    50014 $2.6M
    50010 $2.7M

    Taxes & Financing

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

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Popular Searches in Ames, IA

    Popular Categories

    Most Searched ZIP Codes in Ames, IA

    • 50010
    • 50014

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!