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    Ames, IA
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    Ames, IA Duplexes for Sale

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    Luther, IA Gilbert, IA Nevada, IA Huxley, IA Boone, IA Cambridge, IA Story City, IA Slater, IA
    Historic Brick Duplex
    Updated: Jun 5
    Historic Brick Duplex

    317 20th Street, Ames, IA 50010

    $242,000
    1,740 sqft 0.23 AC lot
    Historic brick duplex with 2 units, including a main‑level 2 bed, 1 bath and an upper‑level 1 bed, 1 bath
    Current gross rental income is $1,450/month, with leases in place through July 2027
    Main unit rented for $850/month, renewing at $900/month next lease term
    Upper unit rented for $600/month
    Both units include hardwood flooring and appliances
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    This listing looks promising.

    Here's a quick look at some key insights for

    317 20th Street, Ames, IA 50010

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    • Est. Cap Rate

      5.5%
      NOI ÷ price

    • Est. NOI

      $13K
      Annual

    • Price @ 7% Cap

      $190K
      Suggested

    • Property Type

      Duplex
      Built 1900
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    Two-Family Duplex with Attached Garages
    Updated: Jun 16
    Two-Family Duplex with Attached Garages

    2823-2825 Ontario Street, Ames, IA 50014

    $235,000
    2,374 sqft 0.33 AC lot
    Updated two‑family duplex built in 1976 with 2 separate units, each with 2 bedrooms and 1 full bathroom
    Unit 2823 is occupied by a long‑term tenant of over five years, providing immediate rental income
    Unit 2825 is fully renovated and vacant with a brand‑new kitchen, new bathroom, new carpet and vinyl flooring, new windows, and stainless steel appliances
    Recent upgrades for Unit 2825 include a new furnace and a new roof (2024)
    Each unit has its own attached garage
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    Two-Bedroom Duplex with Private Backyard
    Two-Bedroom Duplex with Private Backyard

    1108-1110 Roosevelt Avenue, Ames, IA 50010

    $243,500
    1,722 sqft 0.14 AC lot

    Solid duplex offers two bedrooms per unit, separate laundry, and outdoor space with a shared two-car garage.

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    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Ames, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Duplex Residential Income Portfolio
    Duplex Residential Income Portfolio

    209 S Cottonwood Street, Roland, IA 50236

    $295,000
    2,228 sqft 0.38 AC lot

    For sale investor package featuring 18 duplex units across nine buildings in Roland, Iowa.

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    Multi-Unit Duplex Investment
    Multi-Unit Duplex Investment

    1327 W 3rd Street, Nevada, IA 50201

    $315,000
    2,208 sqft

    For sale duplex package with 18 units across 9 buildings in Nevada, IA, with photos showing similar unit interiors.

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    Ranch Duplex Investment Package
    Ranch Duplex Investment Package

    1319 W 3rd Street, Nevada, IA 50201

    $315,000
    2,208 sqft

    Investor package includes 18 units across 9 duplex buildings in a residentially zoned area.

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    Duplex Income Property Portfolio
    Duplex Income Property Portfolio

    102 E Walnut Street, Roland, IA 50236

    $295,000
    2,400 sqft

    Investor package includes 18 units across nine duplex buildings in Roland, Iowa.

    View details

    Ames, IA Duplexes Market Trends and Statistics

    Explore 3 duplexes for sale in Ames, IA, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 5,836 square feet of properties for sale, with an estimated market value of $720,500.

    Sale prices for duplexes in Ames, IA start at $235,000, averaging $240,166, and reaching up to $243,500 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Apartment buildings 6
    Duplexes 3
    Quadplexes 2

    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 $247.5K
    50014 $628.2K

    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)

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    • 50010
    • 50014

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