• Asking Price $1,190,000
  • Estimated Value: $486,430
  • 439 S MAPLE AVE AMES, IA 50010

  • 16 Beds 8 Baths 7,436 SqFt
  • Townhouse or Condo / Resale (MLS)

Property Details for 439 S MAPLE AVE, AMES, IA 50010

Features

  • Price/sqft: $160
  • Lot Size: 0.3343 acres
  • Total Units: 8
  • Total Rooms: 10
  • Room List: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5
  • Stories: 2
  • Heating: Forced Air Heating
  • Exterior Walls: Wood

Facts

  • Year Built: 01/01/1975
  • Property ID: 919216981
  • MLS Number: 704069
  • Parcel Number: 09-10-251-040
  • Property Type: Townhouse or Condo
  • County: Story
  • Legal Description: KEIGLEY'S ADD LOT 8 EX S20'
  • Zoning: RH
  • Listing Status: Active

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. The Cardinal View apartment building offers a lucrative 8-unit investment opportunity, strategically located within walking distance of Iowa State Universitys Hilton Coliseum, Jack Trice Stadium, and the upcoming CyTown development. This prime location ensures a consistent rental demand from students, sports fans, and professionals alike. The building comprises fully rented 2-bedroom, 1-bath units, providing a stable income stream for investors. Recent significant improvements enhance the buildings value and long-term appeal. With a strong rental history and proximity to key landmarks, Cardinal View presents a compelling opportunity for investors seeking steady cash flow and long-term appreciation.

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Property Brokerage: LPT Realty, LLC 12345 University #100 Clive IA 50325
Copyright © 2024 Des Moines Area Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.



All information provided is deemed reliable, but is not guaranteed and should be independently verified.