Two-Building Apartment
For Sale
$2,350,000
1210 Walton Drive, Ames, IA 50014
MultiFamily, Ames, IA
Property SizeContact for details
Days on Market132
Property Features for 1210 Walton Drive
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
42
Bathrooms
36
Full bathrooms
36
Rooms
Bedroom 13, Bathroom 35, Bedroom 37, Bathroom 11, Bedroom 36, Bathroom 19, Bathroom 34, Bedroom 35, Bedroom 5, Bedroom 28, Bathroom 10, Bedroom 27, Bathroom 20, Bedroom 10, Bathroom 23, Bathroom 30, Bathroom 13, Bedroom 24, Bathroom 22, Bathroom 14, Bathroom 27, Bathroom 26, Bedroom 31, Bathroom 1, Bathroom 32, Bedroom 32, Bathroom 18, Bedroom 21, Bedroom 8, Bedroom 4, Bedroom 26, Bathroom 3, Bedroom 29, Bedroom 3, Bathroom 9, Bedroom 39, Bathroom 4, Bedroom 33, Bathroom 7, Bedroom 25, Bedroom 42, Bathroom 2, Bathroom 6, Bathroom 25, Bathroom 15, Bedroom 11, Bedroom 2, Bedroom 16, Bathroom 16, Bedroom 9, Bedroom 40, Bathroom 21, Bedroom 23, Bedroom 12, Bedroom 17, Bedroom 20, Bathroom 33, Bedroom 7, Bathroom 17, Bedroom 18, Bedroom 15, Bedroom 22, Bedroom 34, Bathroom 36, Bedroom 6, Bedroom 14, Bedroom 41, Bathroom 28, Bathroom 29, Bedroom 30, Bathroom 8, Bathroom 12, Bathroom 31, Bedroom 1, Bathroom 5, Bathroom 24, Bedroom 19, Bedroom 38
Elementary school district
Ames
Middle school district
Ames
High school district
Ames
Directions
Please use Google Maps to accurately get you to the apartment buildings.
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 for residents
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: Sep 14
Last Checked: Sep 27 at 9:06PM
MLS# 741183
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.
This offering combines two three-story apartment buildings with 18 units each for a total of 36 residences. The unit mix includes 24 two-bedroom apartments and 12 three-bedroom apartments, with every home providing two full bathrooms. Two-bedroom layouts range from 875 to 933 square feet, while three-bedroom units measure 1,125 square feet. Each residence includes a refrigerator, stove, dishwasher, microwave, and washer/dryer, along with LVT flooring.
The buildings are located at 1209 Mayfield Drive and 1210 Walton Drive in Ames, across from a CyRide stop. The property includes 30 garages, with 14 at Mayfield Drive and 16 at Walton Drive, plus free parking. Residents also have access to a fitness center membership, and new roofs were installed in 2025. The two buildings are offered together as one package.
The buildings are located at 1209 Mayfield Drive and 1210 Walton Drive in Ames, across from a CyRide stop. The property includes 30 garages, with 14 at Mayfield Drive and 16 at Walton Drive, plus free parking. Residents also have access to a fitness center membership, and new roofs were installed in 2025. The two buildings are offered together as one package.
Key Highlights
- 36 total units across two 18‑unit apartment buildings
- Unit mix includes 24 2‑bedroom and 12 3‑bedroom apartments
- Two‑bedroom units range from 875 sf - 933 sf; 3‑bedroom units are 1125 sf
Property Analytics
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Current Use
Lease Details
36
Residential units
Location Intelligence
Trade Area within ½ mile
194
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Apartment building - Thirty-six residences offer two- and three-bedroom layouts with in-unit laundry and included appliance packages.
Where is this apartment building located?
The property is located at 1210 Walton 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: 36 total units across two 18‑unit apartment buildings; Unit mix includes 24 2‑bedroom and 12 3‑bedroom apartments; Two‑bedroom units range from 875 sf - 933 sf; 3‑bedroom units are 1125 sf
