Pending

615 Ken Maril Road #617

Ames, IA 50010
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Bed 4

Bed

Bath 2

Bath

SqFt1,009

Sqft

Acres0.20

Acre(Lot)

ASSUMABLE 2.875% FHA loan with approximately 25 years remaining; a RARE opportunity to secure financing far below today's market rates. For investors or house hackers, this creates the chance to step into a significantly lower monthly payment while building equity in one of Iowa's most stable rental markets near Iowa State University. Letter of Compliances already taken care of. This maintained duplex features 2 units, each offering 2 beds + 1 full bath, laundry in both units, along with a detached 2 car garage and a practical layout. Each unit has separate mechanicals + separate utility meters, allowing tenants to pay their own utilities and simplifying mgmt for the owner. The home has been updated with new LVP flooring, fresh interior paint, and improved landscaping, giving it an updated feel. The owner has also completed meaningful capital improvements, including installing a brand new city water line to the property + replacing the roof on the detached garage along w/ new high-quality gutters and gutter guards; significant upgrades already taken care of for the next owner. All appliances included + vinyl windows make this an investment ready for immediate occupancy/rental income. Whether you're looking to house hack or add a solid property to your portfolio, this duplex offers strong fundamentals, low-maintenance updates, and the rare assumable 2.875% mortgage. (to qualify for assumable mortgage you have to live in 1 side) Call agent today for your showing and more info!!

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Detail Ic Property Details

Property Type : Residential Income

Price : $325,000

AD Id : 76098215

MLS Id : 735324

Beds : 4

Lot Size : 0.20 Acre

Living Area Size : 1,009

Year Built : 1979

Garage : 2

County : Story

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Map

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Feature Features

  • Bedroom Information

    Total beds: 4

    Bathroom Information

    Total Baths: 2 Full Baths: 2

    Room Information

    Has Basement: Yes Basement: Finished
  • Roofing Information

    Asphalt, Shingle
  • Interior Features

    Roof: Asphalt, Shingle Appliances: Cooktop, Dryer, Microwave, Refrigerator, Washer Laundry Features: Upper Level
  • Heating & Cooling

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

  • Building Information

    Year Built: 1979 Building Area Total: 1009 Construction Materials: Brick, Vinyl Siding Private Pool: No

  • Lot Information

    Main Square Feet: 0.2009 Acres Lot Size Acres: 0.2009 Lot Size Square Feet: 8750 Lot Description: Rectangular Lot

  • Listing Price Information

    Listing Price: $325000 Assumable, Cash, Conventional, FHA

  • Tax Information

    Parcel Number: 0923276330 Annual Tax: $3419 Tax Legal Desc: SOUTHDALE 3RD ADD LOT:41 AMES

  • Parking Information

    Detached, Garage

    Garage Information

    Has Garage: Yes Garage Space: 2

  • Utility Information

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

    Direction: Please use gps. 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 06/09/2026 @ 03:23

MLS: 735324 LISTED BY: Traci Jennings, RE/MAX Real Estate Center 515-232-4663 SOURCE: Des Moines Area Association of REALTORS

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