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    Story County, IA Residential Income Properties for Sale

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    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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    Four-Unit Brick Quadplex
    Updated: Mar 10
    Four-Unit Brick Quadplex

    1307 Florida Avenue, Ames, IA 50014

    $510,000
    4,026 sqft 0.30 AC lot
    Four‑unit quadplex with 4,026 square feet
    0.3‑acre lot
    Brick exterior constructed in 1977
    Two fireplaces and spacious kitchen work areas
    RH zoning
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    Tenant-Occupied Duplex
    Tenant-Occupied Duplex

    211 Hillcrest Drive, Story City, IA 50248

    $260,000
    890 sqft 0.22 AC lot

    Two-unit residential property with central air, public utilities, and tenant-paid utilities and lawn maintenance.

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    See what stands out in Story County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

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    8-Unit Apartment Building
    8-Unit Apartment Building

    215 Jewel Dr, Ames, IA 50010

    $950,000
    1,120 sqft

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

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    Four-Unit Property with Garages
    Four-Unit Property with Garages

    913 Garfield Avenue, Ames, IA 50014

    $500,000
    3,596 sqft 0.47 AC lot

    Two adjoining duplex buildings offer individually metered residential units with private laundry and covered outdoor areas.

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    Three-Level Triplex
    Three-Level Triplex

    215 Cedar Street, Story City, IA 50248

    $185,000
    1,552 sqft 0.26 AC lot

    Three separately configured apartments with tenants in place and public water and sewer service.

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    Historic Brick Duplex
    Historic Brick Duplex

    317 20th Street, Ames, IA 50010

    $235,000
    1,740 sqft 0.23 AC lot

    Two-unit residential property with basement laundry hookups, private yard space, and off-street parking.

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    Apartment Building with Renovated Kitchens
    Apartment Building with Renovated Kitchens

    1521 S G Ave, Nevada, IA 50201

    $2,100,000
    16,594 sqft

    Property includes renovated studio kitchens, coin-operated laundry, and a two-bedroom manager’s apartment.

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    Ranch Duplex Portfolio
    Ranch Duplex Portfolio

    106 E Walnut Street, Roland, IA 50236

    $295,000
    2,400 sqft

    Nine-building residential package with garage parking and R zoning.

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    18-Unit Duplex Package
    18-Unit Duplex Package

    1327 W 3rd Street, Nevada, IA 50201

    $315,000
    2,208 sqft

    Ranch-style duplex portfolio spanning three Iowa communities with 18 units across nine buildings.

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

    222 Water St, Cambridge, IA 50046

    $849,900
    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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    Duplex Property with Garages
    Duplex Property with Garages

    1319 W 3rd Street, Nevada, IA 50201

    $315,000
    2,208 sqft

    Ranch-style duplexes with central air, public utilities, and garage parking across a multi-property package.

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    Renovated 33-Unit Apartment Complex
    Renovated 33-Unit Apartment Complex

    1521 S G Avenue, Nevada, IA 50201

    $2,100,000
    16,594 sqft 2.05 AC lot

    Studio apartments include updated kitchens, with on-site laundry and a two-bedroom manager’s residence.

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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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    Duplex Property with Garage
    Duplex Property with Garage

    102 E Walnut Street, Roland, IA 50236

    $295,000
    2,400 sqft

    2013-built residential income property in Roland with R zoning and multiple bedrooms.

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    8-Unit Apartment Building
    8-Unit Apartment Building

    215 Jewel Drive, Ames, IA 50010

    $950,000
    8,267 sqft 0.57 AC lot

    Eight apartments provide a mix of two-, three-, and four-bedroom floor plans with two full baths each.

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    Historic Brick Duplex
    Historic Brick Duplex

    317 20th St Unit 319, Ames, IA 50010

    $235,000
    1,740 sqft

    Two leased units offer hardwood floors, included appliances, basement laundry hookups, and off-street parking.

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    Updated Two-Unit Duplex
    Updated Two-Unit Duplex

    2823-2825 Ontario Street, Ames, IA 50014

    $235,000
    2,374 sqft 0.33 AC lot

    Two separately configured residences offer attached garages, flexible occupancy, and convenient access to campus and public transportation.

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    Historic Brick Duplex
    Historic Brick Duplex

    319-317 20th St, Ames, IA 50010

    $235,000
    1,740 sqft

    Two-unit property with hardwood floors, included appliances, basement laundry hookups, off-street parking, and private yard space.

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

    222 Water Street, Cambridge, IA 50046

    $849,900
    0.14 AC lot

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

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    Nine-Building Duplex Portfolio
    Nine-Building Duplex Portfolio

    1319 W 3rd St, Nevada, IA 50201

    $315,000
    2,208 sqft

    Multi-building residential income package with 18 units across three Iowa communities.

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    Duplex with Shared Garage
    Duplex with Shared Garage

    1108-1110 Roosevelt Avenue, Ames, IA 50010

    $243,500
    1,722 sqft 0.14 AC lot

    Two-unit residential property with private outdoor space, separate laundry, and public utilities.

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    18-Unit Duplex Portfolio
    18-Unit Duplex Portfolio

    106 E Walnut St, Roland, IA 50236

    $295,000
    2,400 sqft

    Portfolio includes multiple duplex buildings serving both owner-occupant and rental-use strategies.

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    Two-Building Apartment Portfolio
    Two-Building Apartment Portfolio

    1209 Mayfield Drive, Ames, IA 50014

    $2,350,000

    Ames apartment portfolio with updated interiors, in-unit laundry, resident amenities, and transit access across two buildings.

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    Story County, IA Residential Income Properties Market Trends and Statistics

    Explore 64 residential income properties for sale in Story County, IA, showcased through 31 active listings on our real estate platform. These investment opportunities span a total of 323,744 square feet of properties for sale, with an estimated market value of $19,193,300.

    Sale prices for residential income properties in Story County, IA start at $185,000, averaging $685,475, and reaching up to $2,350,000 — 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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    Featured Story County Real Estate Agencies

    Realmo connects you with licensed Story County CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Friedrich Iowa Realty
    100 6th Street Ames, IA 50010
    Phone: 15152326175
    GreatIowaHomes.com

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