Matt Greene

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317 20th Street #319Ames, IA 50010

Multi-Family · 1,740 Sq. ft. | 0.23 Acres
$242,000 Active

317 20th Street #319 Overview

Time on Site:
25 days
Visits:
17

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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317 20th Street #319 Facts & Features

  • Type Multi-Family
  • Sq. ft. 1,740
  • Price/Sq.ft. $139
  • Lot 0.23 Acres

Details

General

Association/HOA

  • Association: false

School Information

  • School District: Ames

Building Information

  • Year Built: 1900

Location/Region

  • County Or Parish: Story

Tax Information

  • Tax Annual Amount: 2554.0
  • Tax Assessed Value: 261400

General Information

  • Parcel Number: 05-35-178-090
  • Property Sub Type: Duplex
  • Property Type: Multi-Family
  • Zoning: res

Interior

Parking Information

  • Garage: false

Beds/Baths

  • Bathrooms Total: 0

Building Interior

  • Building Area Total: 1740.0

General Information

  • Basement: Full
  • Flooring: Laminate,Hardwood,Carpet
  • Foundation Details: Tile,Brick/Mortar

Unit Information

  • Unit Number: 319

Exterior

Lot Information

  • Lot Size Acres: 0.23
  • Lot Size Area: 10000.0
  • Lot Size Dimensions: 80x125
  • Lot Size Square Feet: 10000.0
  • Lot Size Units: Square Feet
  • Water Source: Public

Building Exterior/Construction

  • Construction Materials: Vinyl Siding,Brick

General Information

  • Number Of Units Total: 2
  • Sewer: Public Sewer

317 20th Street #319 Neighborhood

Community

50010 (Ames) Demographics

30
Median Age
561
Population Density (per sq. mile)
66%
College Educated
$57,915
Estimated Median Income
7,673
Estimated Total Home Owners
6,566
Estimated Total Renters
54% / 46%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

317 20th Street #319 Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

317 20th Street #319 Market Data

Based on the last 30 days in this zip code

$419,193
Average List Price
$219
Average Price per Square Foot
41
Properties Sold
60
Average Days on Market
108
Properties for Sale
Calculations provided by Reliance Network

317 20th Street #319 History

Date Event Value Agent
6/29/2026Source: Central Iowa MLS Price Reduction
$242,000 -4.0%
6/9/2026Source: Des Moines Area Price Reduction
$252,000 -1.9%
6/9/2026Source: Central Iowa MLS Price Reduction
$252,000 -1.9%
6/5/2026Source: Des Moines Area Added to Database
June 05, 2026
6/5/2026Source: Central Iowa MLS Added to Database
June 05, 2026
Listing provided courtesy of RE/MAX REAL ESTATE CENTER- MLS# 70391MLS Provider