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    Ames, IA Triplexes for Sale

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    Luther, IA Gilbert, IA Nevada, IA Huxley, IA Boone, IA Cambridge, IA Story City, IA Slater, IA
    Downtown 3-Unit Residential Income
    Updated: May 30
    Downtown 3-Unit Residential Income

    611 Kellogg Avenue, Ames, IA 50010

    $289,000
    2,800 sqft
    3‑plex built in 1920 with three fully updated units in downtown Ames
    Major updates include new electrical wiring, new lights and switches, newer windows, new front steps, and new exterior paint
    Plumbing improvements throughout, wallpaper removed, cracks fixed, and drywall added, plus updated bathrooms and updated kitchens
    Newer boiler installed in 2022; on‑site laundry for tenants
    Each unit features new LVP flooring, fresh paint, new blinds, and updated storage and natural light from newer windows
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 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.

    Grinnell Triplex with Income Potential
    Grinnell Triplex with Income Potential

    1221 Main Street, Grinnell, IA 50112

    $299,000
    2,891 sqft 0.28 AC lot

    Three-unit property in Grinnell, ideal for investors or owner-occupants.

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    Three-Unit Residential Income Property
    Three-Unit Residential Income Property

    1604 5th Avenue, Grinnell, IA 50112

    $133,500
    2,435 sqft 0.35 AC lot

    Tri-plex with three separate units and off-street parking on a large lot near downtown Grinnell.

    View details
    Updated Triplex in Des Moines
    Updated Triplex in Des Moines

    900 Morton Avenue, Des Moines, IA 50316

    $275,000
    2,013 sqft 0.15 AC lot

    Turnkey investment property with updated units and cash-flow potential.

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    Three-Unit Up/Down Triplex
    Three-Unit Up/Down Triplex

    3103 1st Street, Des Moines, IA 50313

    $150,000
    1,343 sqft 0.14 AC lot

    Income-producing up/down triplex with three units, four bedrooms, and three bathrooms.

    View details

    Ames, IA Triplexes Market Trends and Statistics

    Explore 1 triplexes for sale in Ames, IA on our real estate platform. These investment opportunities span a total of 2,800 square feet of properties for sale, with an estimated market value of $289,000.

    Sale prices for three-family homes in Ames, IA start at $289,000, averaging $289,000, and reaching up to $289,000 — 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%

    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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