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611 Kellog Avenue

Ames, IA 50010
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Bed 8

Bed

Bath 3

Bath

SqFt2,800

Sqft

Acres0.29

Acre(Lot)

Completely updated and ideally located in the heart of downtown Ames, this 3-plex investment property with 18 rentable parking spots offers exceptional convenience and strong rental appeal. Just steps from the library, shopping, restaurants, parks, hospital, and bus stop, tenants enjoy a highly walkable lifestyle in one of Ames? most desirable areas. Extensive updates by top local contractors have been completed throughout the property, including all new electrical wiring, new lights and switches, newer windows, new front steps and new exterior paint, much of the plumbing replaced, wallpaper removed, cracks fixed and drywall added, updated bathrooms with new vanities and toilets, and updated kitchens. Each unit features new top-quality LVP flooring, fresh paint, new blinds, great storage, and an abundance of natural light from many newer windows. On-site laundry adds convenience for tenants. Major mechanical updates include a newer boiler (2022), providing peace of mind for years to come. All three units are fully updated, making this an easy-to-rent, low-maintenance investment in a high-demand downtown location.  An added income bonus includes 18 rentable parking spaces located in the rear with alley access, currently rented at $50 per month per space. A rare opportunity to own a turnkey multi-family property with strong rental potential and additional income in the heart of downtown Ames.

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Detail Ic Property Details

Property Type : Residential Income

Price : $289,000

AD Id : 78737329

MLS Id : 740961

Beds : 8

Lot Size : 0.29 Acre

Living Area Size : 2,800

Year Built : 1920

Garage : 1

County : Story

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Map

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Feature Features

  • Bedroom Information

    Total beds: 8

    Bathroom Information

    Total Baths: 3 Full Baths: 1
  • Roofing Information

    Asphalt, Shingle
  • Interior Features

    Roof: Asphalt, Shingle
  • Heating & Cooling

    Has Heating: Yes Heating: Natural Gas, Radiant Has Cooling: Yes Cooling: Window Unit(s)

  • Building Information

    Year Built: 1920 Building Area Total: 2800 Construction Materials: Metal Siding Stories: 3 Private Pool: No

  • Lot Information

    Main Square Feet: 0.29 Acres Lot Size Acres: 0.29 Lot Size Square Feet: 12600 Lot Description: Rectangular Lot

  • Listing Price Information

    Listing Price: $289000 Original Price: $294331 Cash, Conventional

  • Tax Information

    Parcel Number: 09-02-331-050 Annual Tax: $4560 Tax Legal Desc: O T S40' LOT 3 & N1/2 LOT 4 BLK 4

  • Parking Information

    Detached, Garage

    Garage Information

    Has Garage: Yes Garage Space: 1

  • Utility Information

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

    Direction: See pin on listing for directions
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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 @ 18:24

MLS: 740961 LISTED BY: Gina McAndrews, Century 21 Signature Real Esta 515-233-2623 SOURCE: Des Moines Area Association of REALTORS

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