Four-Unit Residential
For Sale
$409,900
4311 Ontario Street, Ames, IA 50014
MultiFamily, Ames, IA
Property SizeContact for details
Days on Market94
Property Features for 4311 Ontario Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
RH
Bedrooms
8
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 4, Bathroom 3, Bedroom 3, Bathroom 2, Bedroom 8, Bedroom 2, Bedroom 5, Bathroom 1, Bathroom 4, Bedroom 6, Bedroom 7, Bedroom 1
Parking features
Carport
Appliances
Refrigerator, Stove
Elementary school district
Ames
Middle school district
Ames
High school district
Ames
Directions
Take exit 146B for US-30 west toward Boone. On US-30 for about 5 miles. Turn right (north) onto Ontario Street (there's a traffic light at the intersection with Ontario). Follow Ontario north - 4311 will be on your left, just past the Ames High School area.
Subdivision
Ames
Standard status
Active
APN
0532352120
Taxes and HOA fees
Tax Description
CASTLEWOOD SD LOT:1 AMES
Tax Annual Amount
3740
Legal Description
CASTLEWOOD SD LOT:1 AMES
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air
Cooling system
Central Air
Water source
Public
Building Details
Number of units
4
Roof type
Shingle, Asphalt
Listing Agency:
EXP Realty, LLC
(833) 835-5566
Listed By:
Fernando Aveiga
(515) 782-5174
Added: Jul 29
Changed: Oct 29
Last Checked: Oct 30 at 7:06PM
MLS# 746142
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.
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Investment Insights
Based on property information with market context.
This four-unit residential property has 8 bedrooms and 4 bathrooms. Work in Unit 1 includes new interior paint, kitchen and bathroom flooring, a replacement vanity and toilet, and repainted kitchen cabinets. Unit 2 received a full interior remodel covering its kitchen, bathroom, and bedrooms. In Unit 3, improvements include fresh paint, new flooring in the kitchen and living room, replacement bathroom and kitchen cabinets, and a new toilet. No remodeling was completed in Unit 4 by the current owner.
The property is zoned RH and includes central air conditioning, natural-gas forced-air heat, a carport, and public water and sewer service. Refrigerators and stoves are among the listed appliances.
The property is zoned RH and includes central air conditioning, natural-gas forced-air heat, a carport, and public water and sewer service. Refrigerators and stoves are among the listed appliances.
Key Highlights
- Four‑unit property with 8 bedrooms and 4 bathrooms
- Unit 2 remodeled throughout, including kitchen, bathroom, and bedrooms
- Unit 1 received new paint, flooring, vanity, toilet, and refreshed kitchen cabinets
Property Analytics
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Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
80
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
Frequently Asked Questions
What type of property is this?
Quadplex - RH zoning and updates to three of the four units define this residential income property.
Where is this quadplex located?
The property is located at 4311 Ontario Street Ames, IA.
What is the asking price?
The asking price for this property is $409,900.
What are key features of this property?
This property features: Four‑unit property with 8 bedrooms and 4 bathrooms; Unit 2 remodeled throughout, including kitchen, bathroom, and bedrooms; Unit 1 received new paint, flooring, vanity, toilet, and refreshed kitchen cabinets
