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    Ames, IA Multifamily Properties for Sale

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    Des Moines, IA Dubuque, IA Ankeny, IA
    13 results
    Ames 8-Plex Investment Opportunity
    $995,000
    8,267 SF

    Ames 8-Plex Investment Opportunity

    215 Jewel Drive unit: 1-8, Ames, IA 50010

    Turnkey 8-unit multifamily property with strong rental history in Ames.

    • Strong rental history with long‑term tenants ensures immediate cash flow.
    • Turnkey investment opportunity; ready for immediate operation.
    • Diverse unit mix: 2BR, 3BR, and 4BR units cater to a wide range of renters.
    • Two recently renovated vacant units are available for immediate showings.
    • Each unit has 2 full baths.
    Updated: Feb 18
    View details
    Ames Multifamily Investment Opportunity
    $555,000
    3,596 SF

    Ames Multifamily Investment Opportunity

    913 Garfield Avenue unit: 913/915/917/919, Ames, IA 50014

    Two well-maintained duplexes with strong rental history in Ames, Iowa.

    • Strong rental history with long‑term tenants.
    • Professionally managed and well maintained.
    • Two duplexes side by side on one parcel.
    • Each unit has an attached 1 car garage and in‑unit laundry.
    • All 4 units have current LOCs until 4/29.
    Updated: Mar 24
    View details
    Ames Turn-Key Investment Property
    $575,000
    4,794 SF

    Ames Turn-Key Investment Property

    Four 3-bedroom units with strong rental history in Ames.

    1015 Kellogg Avenue, Ames, IA 50010
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    Ames Duplex with Assumable Mortgage
    $325,000
    1,009 SF

    Ames Duplex with Assumable Mortgage

    Well-maintained duplex near Iowa State with assumable low-rate mortgage.

    615-617 Ken Maril Road, Ames, IA 50010
    View details
    Turnkey Duplex Investment Opportunity
    $330,000
    1,632 SF

    Turnkey Duplex Investment Opportunity

    Well-maintained duplex with recent updates and strong rental potential.

    1312/1314 Wilson Avenue, Ames, IA 50010
    View details
    Turnkey Duplex Investment Opportunity
    $330,000
    1,632 SF

    Turnkey Duplex Investment Opportunity

    Well-maintained duplex with recent updates and strong rental potential.

    1312/1314 Wilson Avenue, Ames, IA 50010
    View details
    Ames Fourplex Investment Opportunity
    $575,000
    4,794 SF

    Ames Fourplex Investment Opportunity

    Turn-key fourplex in Ames with strong rental history.

    1015 Kellogg Avenue, Ames, IA 50010
    View details
    Ames Multifamily Investment Opportunity
    $1,050,000
    1,824 SF

    Ames Multifamily Investment Opportunity

    Three adjacent multifamily properties for sale in Ames, Iowa.

    4716 Hutchison Street, Ames, IA 50014
    View details
    Ames Multifamily Investment Opportunity
    $1,050,000
    2,304 SF

    Ames Multifamily Investment Opportunity

    Three adjacent multifamily properties for sale in Ames, Iowa.

    4713 Ontario Street, Ames, IA 50014
    View details
    Ames Multifamily Investment Opportunity
    $579,500
    852 SF

    Ames Multifamily Investment Opportunity

    Well-maintained four-unit multifamily property near Iowa State University.

    3902/3912 Ontario Street, Ames, IA 50014
    View details
    Ames Multifamily Investment Opportunity
    $1,050,000
    4,026 SF

    Ames Multifamily Investment Opportunity

    Portfolio of ten units across three properties in Ames, Iowa.

    1307 Florida Avenue, Ames, IA 50014
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    Spacious 8-Plex in West Ames
    $1,200,000
    7,904 SF

    Spacious 8-Plex in West Ames

    Well-maintained 8-unit property with recent updates in a desirable location.

    4524 Steinbeck Street, Ames, IA 50014
    View details
    Riverview Apartments in Ames, Iowa
    $2,850,000
    39,180 SF

    Riverview Apartments in Ames, Iowa

    43-unit apartment community near Iowa State University.

    3500 Grand Ave, Ames, IA 50010
    View details
    Based on your search, we've compiled 38 Potential Opportunities for your consideration. Besides 13 Active listings in Ames, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 17 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Explore Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    32-Unit Multifamily Community in Ankeny, Iowa
    $2,500,000
    25,600 SF

    32-Unit Multifamily Community in Ankeny, Iowa

    Well-maintained 32-unit apartment complex in Ankeny, Iowa.

    218 Northwest State Street, Ankeny, IA 50023
    View details
    Parkview Terrace Multifamily Investment Opportunity
    $1,725,000
    23,760 SF

    Parkview Terrace Multifamily Investment Opportunity

    24-unit apartment community in Boone, Iowa with value-add potential.

    1003 Parkway Drive, Boone, IA 50036
    View details
    Trilein Village Apartments For Sale
    Contact for pricing

    Trilein Village Apartments For Sale

    54-unit apartment community in Ankeny, Iowa.

    317 Northeast Trilein Drive, Ankeny, IA 50021
    View details
    Boone Iowa Apartment Community
    $3,595,000
    42,122 SF

    Boone Iowa Apartment Community

    57-unit apartment community in Boone, Iowa, near Iowa State.

    1104 8th St, Boone, IA 50036
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Des Moines Development Land Available
    $1,013,600
    28.96 Acres

    Des Moines Development Land Available

    29 acres of development land near Fleur Dr and SW 9th.

    01 County Line Road, Des Moines, IA 50320
    View details
    Improved Residential Lot Ready-to-Go
    Contact for pricing

    Improved Residential Lot Ready-to-Go

    Affordable, improved corner lot in Davis City, Iowa.

    SE Corner W High Street, Davis City, IA 50065
    View details
    Residential Land in Murray, NE
    $150,000
    2.29 Acres

    Residential Land in Murray, NE

    2.29 acres of highway access zoned for residential use.

    811 Main Street, Murray, NE 68409
    View details
    Minnesota Lakeshore Acreage with Development Potential
    $124,900
    9.30 Acres

    Minnesota Lakeshore Acreage with Development Potential

    9.3 acres with 244 feet of lakeshore near Worthington.

    Fulda, MN 56131
    View details

    Explore Off-Market Properties in Ames, IA

    Consider similar Off-Market properties in Ames, IA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    2702 Lincoln Way

    2702 Lincoln Way

    HIGH-RISE APARTMENTS • 289,606 SF
    Value Estimation
    $31,755,000
    2702 Lincoln Way, Ames, IA 50014-7422
    View details
    2700 Lincoln Way

    2700 Lincoln Way

    HIGH-RISE APARTMENTS • 289,606 SF
    Value Estimation
    $31,755,000
    2700 Lincoln Way, Ames, IA 50014-7594
    View details
    111 Lynn Ave

    111 Lynn Ave

    HIGH-RISE APARTMENTS • 105,550 SF
    Value Estimation
    $40,230,000
    111 Lynn Ave, Ames, IA 50014-7191
    View details
    2279 190th St

    2279 190th St

    MOBILE HOME PARK, TRAILER PARK • 11.23 Acres
    Value Estimation
    $1,040,000
    2279 190th St, Ames, IA 50010-9446
    View details
    6100 Lincoln Way

    6100 Lincoln Way

    MOBILE HOME PARK, TRAILER PARK • 8.30 Acres
    Value Estimation by Request
    6100 Lincoln Way, Ames, IA 50014-9519
    View details
    439 Maple Ave

    439 Maple Ave

    Multifamily properties
    Value Estimation by Request
    439 Maple Ave, Ames, IA 50010
    View details
    1900 Riverside Dr

    1900 Riverside Dr

    MOBILE HOME PARK, TRAILER PARK • 2,704 SF
    Value Estimation by Request
    1900 Riverside Dr, Ames, IA 50010
    View details
    1930 Riverside Dr

    1930 Riverside Dr

    MOBILE HOME PARK, TRAILER PARK • 5.54 Acres
    Value Estimation by Request
    1930 Riverside Dr, Ames, IA 50010
    View details
    2300 Lincoln Way, Unit 100

    2300 Lincoln Way, Unit 100

    HIGH-RISE APARTMENTS • 85,902 SF
    Value Estimation
    $4,740,000
    2300 Lincoln Way, Ames, IA 50014-7103
    View details
    720 Kellogg Ave

    720 Kellogg Ave

    HIGH-RISE APARTMENTS • 28,280 SF
    Value Estimation
    $1,725,000
    720 Kellogg Ave, Ames, IA 50010-6256
    View details
    1006 Dayton Pl

    1006 Dayton Pl

    MOBILE HOME PARK, TRAILER PARK • 8.33 Acres
    Value Estimation by Request
    1006 Dayton Pl, Ames, IA 50010-6440
    View details

    Ames, IA Multifamily Properties Investment Opportunities Market Analysis

    Explore 30 multifamily properties for sale in Ames, IA, showcased through 13 active listings on our real estate platform. These investment opportunities span a total of 1,708,127 square feet of properties for sale, with an estimated market value of $39,549,500.

    Sale prices for multifamily properties in Ames, IA start at $200,000, averaging $2,471,843, and reaching up to $29,440,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Most Searched ZIP Codes in Ames, IA

    • 50014
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