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    Ames, IA
    Quadplex

    Ames, IA Quadplexes for Sale

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    Luther, IA Gilbert, IA Nevada, IA Huxley, IA Boone, IA Cambridge, IA Story City, IA Slater, IA
    Fourplex Residential Income Property
    Updated: Mar 10
    Fourplex Residential Income Property

    1307 Florida Avenue, Ames, IA 50014

    $510,000
    4,026 sqft 0.30 AC lot
    4‑plex with brick exterior
    Units feature 2 fireplaces and large kitchen workspaces
    Central air cooling and natural gas hot water heating
    Carpet and tile flooring
    Built in 1977
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    This listing looks promising.

    Here's a quick look at some key insights for

    1307 Florida Avenue, Ames, IA 50014

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    • Est. Cap Rate

      6.1%
      Above avg (5.9%)

    • Est. NOI

      $31K
      Annual

    • Price @ 7% Cap

      $440K
      Suggested

    • Property Type

      Apartments (Generic)
      Built 1977
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    Ames Multifamily Investment Opportunity
    Updated: Mar 24
    Ames Multifamily Investment Opportunity

    913 Garfield Avenue, Ames, IA 50014

    $520,000
    3,596 sqft 0.47 AC lot
    Two duplexes side by side on one parcel—must be sold together.
    Each unit features 2 bedrooms, 1 bath, attached 1‑car garage, and in‑unit laundry.
    All 4 units have current LOCs until 4/29.
    Rental history with several long‑term tenants; professionally managed and well maintained.
    2 units include screened porches and 2 units include covered patios.
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    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 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.

    Des Moines Fourplex Investment Opportunity
    Des Moines Fourplex Investment Opportunity

    1148 36th Street, Des Moines, IA 50311

    $310,000
    2,509 sqft 0.34 AC lot

    Fourplex near Drake College, ideal for investors or owner-occupants.

    View details
    Four-Plex Residential Income Property
    Four-Plex Residential Income Property

    314 Church St, Audubon, IA 50025

    $245,000
    0.22 AC lot

    Four 1BR/1BA units with attached garages in Audubon, with a roof replacement completed in 2024.

    View details
    Four-Unit Multifamily Property
    Four-Unit Multifamily Property

    1358 22nd Street, Des Moines, IA 50311

    $99,000
    2,009 sqft 0.21 AC lot

    Four separate apartment units near Drake University, offering an investor-friendly renovation opportunity.

    View details
    Audubon Fourplex with Garages
    Audubon Fourplex with Garages

    314 Church St, Audubon, IA 50025

    Contact for pricing

    Four-unit residential income property in Audubon, Iowa. New roof.

    View details

    Ames, IA Quadplexes Market Trends and Statistics

    Explore 2 quadplexes for sale in Ames, IA on our real estate platform. These investment opportunities span a total of 7,622 square feet of properties for sale, with an estimated market value of $1,030,000.

    Sale prices for four-unit buildings in Ames, IA start at $510,000, averaging $515,000, and reaching up to $520,000 — 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 6
    Duplexes 3
    Quadplexes 2
    Triplexes 1

    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 $744.9K

    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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