Quadplex

Ames, IA Quadplexes for Sale

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Kelley, IA Gilbert, IA Nevada, IA Huxley, IA Cambridge, IA Story City, IA Slater, IA Luther, IA
Updated Four-Unit Quadplex
Updated: Sep 2
Updated Four-Unit Quadplex

2304 Knapp Street, Ames, IA 50014

$600,000
2,778 sqft 0.20 AC lot
Four rental units within a 2,778‑square‑foot quadplex
0.2002‑acre lot with RL zoning
22 new windows and front steps completed in 2024
Recent improvements include refrigerators, toilets, lighting, blinds, gutters, and a water heater
Main sewer line and A/C system inspected
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4-Unit Brick Apartment Building
Updated: Mar 10
4-Unit Brick Apartment Building

1307 Florida Avenue, Ames, IA 50014

$510,000
4,026 sqft 0.30 AC lot
Four apartments with 8 bedrooms and 4 bathrooms
4,026‑square‑foot brick building constructed in 1977
Two fireplaces in each unit, located in the living room and kitchen
Double bathroom sinks and a washer and dryer in each unit
4 car stalls on a 0.3‑acre lot
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Updated Quadplex Near Campus
Updated Quadplex Near Campus

2304 Knapp St, Ames, IA 50014

$600,000
2,778 sqft

Four-unit rental property with recent interior, exterior, and mechanical improvements near Iowa State University.

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Quadplex with Renovated Units
Quadplex with Renovated Units

4311 Ontario St, Ames, IA 50014

$410,000

Three residences feature documented interior improvements, while the fourth remains without reported remodeling by the current owner.

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Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 4 Active listings in Ames, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

4-Unit Apartment Building
4-Unit Apartment Building

1438 33rd Street, Des Moines, IA 50311

$190,000
1,951 sqft 0.16 AC lot

The unit mix combines two one-bedroom apartments with two efficiency units, all currently vacant.

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Mixed-Use Building with Retail
Mixed-Use Building with Retail

222 Water St, Cambridge, IA 50046

$799,900
6,554 sqft

A mixed-use property combining retail space with four residential units, including handicap-accessible and recently updated apartments.

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Four-Unit Multifamily Property
Four-Unit Multifamily Property

1438 33rd St, Des Moines, IA 50311

$190,000
1,951 sqft

Vacant four-unit configuration includes two one-bedroom apartments and two efficiency units near Drake University.

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Mixed-Use Property with Retail Space
Mixed-Use Property with Retail Space

222 Water Street, Cambridge, IA 50046

$799,900
0.14 AC lot

Retail and residential components combine in one property with modern apartment amenities.

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Ames, IA Quadplexes Market Trends and Statistics

Explore 4 quadplexes for sale in Ames, IA, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 9,582 square feet of properties for sale, with an estimated market value of $2,120,000.

Sale prices for four-unit buildings in Ames, IA start at $410,000, averaging $530,000, and reaching up to $600,000 — 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Apartment buildings 5
Duplexes 4
Quadplexes 4

Demographics Overview

Population 71K
Population Growth (5Y) +1.2%
Median Household Income $61,665
College Educated 81.6%

High-Yield Neighborhoods for Investment

Identify Ames submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
50014 $530K

Taxes & Financing

Tax Rate (average for all types) 2.40%
Property Tax per SF $22.54 per SF
Tax Rate vs County Average 0.15 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Story County

New Delisted

Total CRE Inventory on Market (SF)

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