Two 18-Unit Apartment
For Sale
$2,350,000
1209 Mayfield Drive, Ames, IA 50014
MULTI_FAMILY - Other - Ames, IA
Property SizeContact for details
Days on Market78
Property Features for 1209 Mayfield Drive
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
42
Bathrooms
36
Full bathrooms
36
Rooms
Bedroom 10, Bathroom 13, Bathroom 2, Bedroom 28, Bedroom 41, Bathroom 15, Bathroom 17, Bathroom 29, Bathroom 30, Bedroom 13, Bedroom 30, Bedroom 34, Bathroom 3, Bathroom 27, Bedroom 24, Bedroom 18, Bedroom 16, Bedroom 6, Bathroom 32, Bedroom 1, Bathroom 16, Bedroom 5, Bathroom 35, Bathroom 19, Bedroom 31, Bathroom 18, Bedroom 19, Bathroom 21, Bathroom 8, Bathroom 1, Bedroom 27, Bedroom 2, Bathroom 34, Bedroom 26, Bedroom 38, Bedroom 11, Bathroom 5, Bathroom 31, Bathroom 26, Bedroom 29, Bedroom 9, Bedroom 22, Bedroom 37, Bedroom 7, Bedroom 20, Bedroom 21, Bathroom 22, Bathroom 28, Bathroom 9, Bedroom 17, Bathroom 11, Bathroom 24, Bedroom 39, Bedroom 36, Bedroom 4, Bathroom 4, Bathroom 23, Bedroom 23, Bathroom 14, Bedroom 42, Bedroom 25, Bedroom 15, Bedroom 33, Bathroom 25, Bathroom 7, Bedroom 40, Bedroom 12, Bathroom 36, Bedroom 35, Bedroom 14, Bathroom 12, Bathroom 10, Bedroom 32, Bathroom 20, Bathroom 33, Bathroom 6, Bedroom 8, Bedroom 3
Elementary school district
Ames
Middle school district
Ames
High school district
Ames
Directions
Please use Google Maps to find the apartments.
Subdivision
Ames
Standard status
Active
APN
09-08-376-110
Taxes and HOA fees
Tax Description
Long and on file with story county assessor.
Tax Annual Amount
35594
Legal Description
Long and on file with story county assessor.
Amenities
in-unit laundry
fitness center membership
free parking
Building Details
Floors in Building
3
Number of units
18
Architectural style
Other
Listing Agency:
Agency Iowa
(515) 877-4692
Listed By:
Mark Charter
(515) 864-6444
Added: May 19
Changed: Aug 2
Last Checked: Aug 4 at 3:06PM
MLS# 741182
Copyright © 2026 Des Moines Area Association 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.
Investment Insights
Based on property information with market context.
Fountianview is a well-maintained multifamily property built in 2005, featuring two 3-story apartment buildings. The offering includes 2- and 3-bedroom floorplans with two full bathrooms, and each unit has in-unit laundry. Units have been updated with LVT flooring, and all units include a refrigerator, stove, dishwasher, and microwave plus washer/dryer.
The package sale includes 1209 Mayfield Drive and 1210 Walton Drive, both with 18 units each, for a total of 36 units. At 1209 Mayfield Drive, there are 12 2-bedroom units and 6 3-bedroom units with 6 units per floor, plus 14 garages. At 1210 Walton Drive, there are 12 2-bedroom units and 6 3-bedroom units with 6 units per floor, plus 16 garages. The property is directly across from a CyRide stop, providing convenient public transit access.
New roofs were installed in 2025. Additional community benefits include a fitness center membership for residents, free parking, and optional garages available for rent.
The package sale includes 1209 Mayfield Drive and 1210 Walton Drive, both with 18 units each, for a total of 36 units. At 1209 Mayfield Drive, there are 12 2-bedroom units and 6 3-bedroom units with 6 units per floor, plus 14 garages. At 1210 Walton Drive, there are 12 2-bedroom units and 6 3-bedroom units with 6 units per floor, plus 16 garages. The property is directly across from a CyRide stop, providing convenient public transit access.
New roofs were installed in 2025. Additional community benefits include a fitness center membership for residents, free parking, and optional garages available for rent.
Key Highlights
- Built in 2005 with two 3‑story apartment buildings totaling 36 units
- 1209 Mayfield Drive: 18 units (12 2‑BR, 6 3‑BR) with 6 units per floor and 14 garages
- 1210 Walton Drive: 18 units (12 2‑BR, 6 3‑BR) with 6 units per floor and 16 garages
Property Analytics
Property Profile
Current Use
Lease Details
36
Residential units
Location Intelligence
Trade Area within ½ mile
156
Businesses Nearby
Explore this area
Business Placement
Demographics for 50014, IA
31,587
Population
14,860
Households
2.1
Avg Household Size
26
Median Age
69%
College-Educated
98%
High-School Grad
54.2 sq mi
ZIP Area
583
Density / Sq Mi
$57,372
Median Household Income
$20,952
Median Earnings
$1,083
Median Rent
$312,700
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Built in 2005, this West Ames multifamily includes 2- and 3-bedroom units with in-unit laundry and updated LVT flooring.
Where is this apartment building located?
The property is located at 1209 Mayfield Drive Ames, IA.
What is the asking price?
The asking price for this property is $2,350,000.
What are key features of this property?
This property features: Built in 2005 with two 3‑story apartment buildings totaling 36 units; 1209 Mayfield Drive: 18 units (12 2‑BR, 6 3‑BR) with 6 units per floor and 14 garages; 1210 Walton Drive: 18 units (12 2‑BR, 6 3‑BR) with 6 units per floor and 16 garages
