2304 Knapp Street, Ames, IA 50014

$600,000
2,778
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$600,000
Status
ACTIVE
Days on Market
8
MLS#
748604
Subtype
Multi Family
Style
Two Story
Architectural Style
Two Story
Year Built
1910
Living Area
2,778
Lot Size
8,719
Acres
0.20
MLS Area Major
Ames

Property Description

Great investment opportunity near Iowa State University! This well-maintained Ames quadplex offers an excellent location with convenient access to campus, shopping, dining, and other area amenities. The property has recently undergone extensive updates, helping reduce near-term maintenance needs while improving tenant appeal. Recent improvements include new carpet, toilets, lighting, window blinds, refrigerators, gutters with leaf guards, duct cleaning, a new water heater, 22 new windows, and new front steps completed in 2024. The main sewer line and A/C system have also been inspected. With four rental units, a desirable location near Iowa State, and numerous recent capital improvements already completed, 2304 Knapp St is a strong opportunity for investors looking to add a multifamily property to their Ames portfolio.

Additional Information

Taxes
$5,287
Property Description
Two Story
Zoning
RL
Air Conditioning
Central Air
Stories
2
Roof
Asphalt, Shingle
School District
Ames

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Betts, Christopher with RE/MAX Real Estate Center

Data courtesy of the Des Moines Area Association of REALTORS