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8-Unit Apartment Building
New
For Sale
$950,000

215 Jewel Dr, Ames, IA 50010

Eight apartments provide a varied bedroom mix, with two full baths in every unit.

Property Size1,120 SF
Price / SF$848.21
Days on Market5

Property Features for 215 Jewel Dr

General Information

Standard status Active
Size 1,120 SF
Property subtype Multi-Family

Units

Unit Mix 4 x 2BR/2BA, 2 x 3BR/2BA, 2 x 4BR/2BA
Multifamily Units 8

Building Details

Year Built 1996
Listing Agency: RE/MAX Real Estate Center
Listed By: Collin Fett · License #B63491
Source: Kwlegacyrealty
Added: Aug 16 Changed: Aug 17 Last Checked: Aug 19 at 10:19AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Real Estate Center

Investment Insights

Based on property information with market context.

This 8-unit apartment property at 215 Jewel Dr includes four 2-bedroom units, two 3-bedroom units, and two 4-bedroom units. Each apartment has 2 full baths, creating a consistent feature across the building’s varied floor plans. Constructed in 1996, the property is positioned for multifamily ownership with an established tenant base and reported rental history.

The building is located on the south side of Ames, Iowa. Professional management is available if needed, offering an operational option for ownership. The combination of unit diversity, uniform bath counts, and existing tenancy provides a clear multifamily configuration for review.

Key Highlights

  • 8‑unit apartment building constructed in 1996
  • Unit mix includes four 2BR, two 3BR, and two 4BR apartments
  • Every unit includes 2 full baths

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Dental Office Hair Salon Electrical Service Nail Salon Locksmith

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

8
Residential units

Location Intelligence

Trade Area within ½ mile

185
Businesses Nearby

Demographics for 50010, IA

32,552
Population
14,732
Households
2.2
Avg Household Size
30
Median Age
59%
College-Educated
98%
High-School Grad
60.3 sq mi
ZIP Area
540
Density / Sq Mi
$65,701
Median Household Income
$27,672
Median Earnings
$981
Median Rent
$243,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Eight apartments provide a varied bedroom mix, with two full baths in every unit.
Where is this apartment building located?
The property is located at 215 Jewel Dr Ames, IA.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: 8‑unit apartment building constructed in 1996; Unit mix includes four 2BR, two 3BR, and two 4BR apartments; Every unit includes 2 full baths
More about this property
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