Search
Two Three-Story 18-Unit Apartment Buildings
For Sale
$2,350,000

1210 Walton Drive, Ames, IA 50014

MULTI_FAMILY - Other - Ames, IA

Property SizeContact for details
Days on Market78

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 21, Bedroom 35, Bathroom 36, Bedroom 29, Bathroom 32, Bathroom 30, Bedroom 9, Bathroom 4, Bedroom 6, Bedroom 3, Bedroom 15, Bedroom 39, Bathroom 2, Bedroom 19, Bedroom 34, Bathroom 27, Bedroom 31, Bedroom 27, Bathroom 1, Bedroom 10, Bathroom 8, Bedroom 14, Bathroom 18, Bathroom 13, Bedroom 11, Bedroom 37, Bedroom 23, Bedroom 28, Bedroom 26, Bedroom 13, Bedroom 24, Bathroom 11, Bathroom 6, Bathroom 7, Bedroom 40, Bedroom 12, Bedroom 17, Bedroom 18, Bathroom 10, Bedroom 36, Bedroom 32, Bathroom 24, Bathroom 16, Bathroom 34, Bedroom 22, Bathroom 15, Bathroom 21, Bathroom 31, Bedroom 25, Bedroom 4, Bathroom 3, Bathroom 35, Bathroom 23, Bathroom 26, Bathroom 12, Bathroom 9, Bathroom 28, Bathroom 19, Bathroom 14, Bedroom 30, Bedroom 20, Bedroom 5, Bathroom 17, Bathroom 22, Bedroom 42, Bedroom 16, Bedroom 8, Bathroom 20, Bathroom 5, Bathroom 29, Bedroom 1, Bedroom 38, Bedroom 7, Bedroom 33, Bathroom 33, Bedroom 2, Bedroom 41, Bathroom 25
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

Building Details

Floors in Building 3
Number of units 18
Architectural style Other
Listing Agency: Agency Iowa
Listed By: Mark Charter
Added: May 19 Changed: Aug 2 Last Checked: Aug 4 at 3:06PM
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.

Fountianview is a well-maintained multifamily offering built in 2005, consisting of two three-story, 18-unit apartment buildings. The configuration includes 12 two-bedroom units and 6 three-bedroom units per building, with each unit featuring in-unit laundry. Unit interiors include LVT flooring updates, and all units have a refrigerator, stove, dishwasher, and microwave.

The community is located directly across from a CyRide stop, providing convenient access to transit. Residents also benefit from a fitness center membership and free parking, with optional garages available for rent.

The package includes 1209 Mayfield Drive and 1210 Walton Drive and must be purchased together. Roofs were replaced in 2025. Each building is arranged with 6 units per floor, and each building offers 14 to 16 garages, depending on the address.

Key Highlights

  • Two three‑story, 18‑unit apartment buildings built in 2005 (12 two‑bedroom and 6 three‑bedroom units per building)
  • In‑unit laundry and updated LVT flooring throughout
  • Units equipped with refrigerator, stove, dishwasher, and microwave

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Dental Office Building Supply Auto Repair Shop Hair Salon Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

36
Residential units

Location Intelligence

Trade Area within ½ mile

156
Businesses Nearby

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

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Well-maintained 2005-built multifamily package with in-unit laundry and updated LVT flooring, across from a CyRide stop.
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: Two three‑story, 18‑unit apartment buildings built in 2005 (12 two‑bedroom and 6 three‑bedroom units per building); In‑unit laundry and updated LVT flooring throughout; Units equipped with refrigerator, stove, dishwasher, and microwave
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message