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317 20th Street #319

Ames, IA 50010
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Bed 3

Bed

Bath 2

Bath

SqFt1,740

Sqft

Acres0.23

Acre(Lot)

Ames investment opportunity with strong rental history and leases already secured through July 2027. This historic brick duplex offers immediate cash flow with future rental increases already in place, making it an attractive addition to an investment portfolio. The property consists of two units, including a main level 2 bedroom, 1 bathroom unit currently rented for $850/month and renewing at $900/month next lease term, along with an upper-level 1 bedroom, 1 bathroom unit currently rented for $600/month. Both units feature hardwood flooring, appliances included, and functional layouts full of original character and charm. Additional features include a full basement with laundry hookups, newer driveway aiding in plenty of off-street parking, private yard space, and a unique brick exterior that gives the property standout character. Current gross rental income totals $1,450/month with upside potential already built in. Whether you are looking to expand your portfolio or add a stable income-producing property with long-term value, this duplex is worth a look. Property sold AS IS.

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Detail Ic Property Details

Property Type : Residential Income

Price : $257,000

AD Id : 80284847

MLS Id : 742047

Beds : 3

Lot Size : 0.23 Acre

Living Area Size : 1,740

Year Built : 1900

County : Story

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Feature Features

  • Bedroom Information

    Total beds: 3

    Bathroom Information

    Total Baths: 2 Full Baths: 2

    Room Information

    Has Basement: Yes Basement: Unfinished
  • Flooring Information

    Tile
  • Roofing Information

    Asphalt, Shingle
  • Interior Features

    Roof: Asphalt, Shingle Appliances: Cooktop, Refrigerator
  • Heating & Cooling

    Has Heating: Yes Heating: Natural Gas, Forced Air Has Cooling: Yes Cooling: Central Air

  • Building Information

    Year Built: 1900 Building Area Total: 1740 Construction Materials: Brick, Vinyl Siding Private Pool: No

  • Lot Information

    Main Square Feet: 0.2296 Acres Lot Size Acres: 0.2296 Lot Size Square Feet: 10000 Lot Description: Rectangular Lot

  • Listing Price Information

    Listing Price: $257000 Cash, Conventional

  • Tax Information

    Parcel Number: 0535178090 Annual Tax: $2554.46 Tax Legal Desc: GUNDER FJARE 2ND SD LOT:2 AMES

  • Utility Information

    Electricity Available, Natural Gas Available, Water Available
  • Location Information

    Direction: Please use GPS to locate this property. WaterSource: Public Security Features: Smoke Detector(s)
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
636 Garden Road, Ames, IA, 50010 $247,000 3 2 816 816 SqFt
1411 Glendale Avenue, Ames, IA, 50010 $279,900 3 2 1,183 1,183 SqFt
1421 Stafford Avenue, Ames, IA, 50010 $279,000 3 2 1,238 1,238 SqFt
265 W Riverside Road, Ames, IA, 50010 $1,890,000 5 6 5,373 5,373 SqFt
115 E 13th Street, Ames, IA, 50010 $279,000 4 2 1,414 1,414 SqFt
5667 Arrasmith Trail, Ames, IA, 50010 $428,500 4 4 2,686 2,686 SqFt
5167 Skycrest Drive, Ames, IA, 50010 $415,000 3 3 1,512 1,512 SqFt
4882 Copperstone Drive, Ames, IA, 50010 $1,175,000 5 4 6,086 6,086 SqFt
721 Douglas Avenue, Ames, IA, 50010 $374,000 4 3 1,952 1,952 SqFt
1207 Kellogg Avenue, Ames, IA, 50010 $204,000 2 1 999 999 SqFt

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange of the Des Moines Area Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2026 Des Moines Area Association of REALTORS®. All Rights Reserved.

ByOwner last updated this listing 06/07/2026 @ 06:06

MLS: 742047 LISTED BY: Abigail Jennings-Brant, RE/MAX Real Estate Center 515-232-4663 SOURCE: Des Moines Area Association of REALTORS

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