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    1307 Florida Ave Ames, IA 50014

    For Sale
    $1,500,000

    Quadruplex - Ames, IA

    Type:Quadruplex
    Lot size:
    0.30 Acres
    Days on Market:
    88
    Last Refresh:
    Dec 14 at 8:06 am

    Property Features for 1307 Florida Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Quadruplex
    Standard status
    Active
    Zoning
    R-H
    APN
    05-31-481-020
    Parking features
    Garage, Garage - Detached
    Interior features
    Fireplace(s)
    Exterior features
    School, Shopping, Bus
    Fireplace
    1
    Lot size
    0.30 Acres

    Utilities

    Heating system
    Hot Water (Heating), Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    1977
    Flooring type
    Carpet, Vinyl
    Building materials
    Brick
    Architectural style
    Other

    RE/MAX REAL ESTATE CENTER 2324663 [email protected]

    Listing agent Bock Real Estate Group 2324663

    Listing date Sep 18, 2025

    MLS# 66355 Listing URL

    Copyright © 2025 Central Iowa Board of Realtors, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Ames Quadruplex For Sale

    This offering includes four adjacent properties: a single-family home at 1301 Florida Ave, a fourplex at 1307 Florida Ave, another fourplex at 4713 Ontario St, and a duplex at 4716 Hutchison St. The fourplex at 1307 Florida Ave is a well-maintained, one-owner brick building featuring 8 bedrooms, 4 bathrooms, and 4 car stalls. Each unit includes up and down fireplaces, double sinks in the bath, and a washer and dryer. Two units rent for $1100 per month, and the other two rent for $1000 per month. The property is zoned R-H and is situated on a 0.3-acre lot in Ames, Iowa.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Realty agency Law Firm Restaurant Clothing Store Accounting Firm Daycare Center Kitchen & Bath Department Store HVAC Service Bakery

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ames
    County
    Story
    State
    Iowa
    Longitude
    -93.6818497
    Latitude
    42.0349646

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    FAQs

    What type of property is this?
    Quadplex - Well-maintained fourplex with fireplaces and in-unit laundry in Ames, Iowa.
    Where is this quadplex located?
    The property is located at 1307 Florida Ave Ames, IA.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: - Four adjacent income-producing properties sold together.; - Well-maintained 4-plex with brick exterior.; - Enjoy the comfort of individual fireplaces and in-unit washer/dryers in the 4-plex.
    2324663
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1307 Florida Ave Ames, IA 50014
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