4524 Steinbeck Street Ames, IA $ 1,200,000
4524 Steinbeck Street
$ 1,200,000
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4524 Steinbeck Street

Ames, IA, 50014
$ 1,200,000
Baths0.0 Sq 7,904

Monthly Estimate*

$ 7,389

4524 Steinbeck Street, Ames, IA 50014 - Image 1
4524 Steinbeck Street, Ames, IA 50014 - Image 2
4524 Steinbeck Street, Ames, IA 50014 - Image 3
Studio

Multi-Family Home for sale in Ames, IA

for $1,200,000. This 7,904 square foot home was built in 1998 on a lot size of 0.42.

Modern & Spacious 8-Plex in West Ames. Outstanding investment opportunity in West Ames! This well-maintained 8-plex features eight 3-bedroom, 2-bathroom units, each offering a spacious and functional layout. Lower-level units include patios, while upper-level units feature decks and vaulted ceilings, adding a sense of openness. All units are equipped with in-unit laundry for added tenant convenience and appeal. Recent updates in 2024 include a new roof and siding, along with select window, sliding door, and A/C unit replacements reducing future maintenance needs and enhancing property value. Located in a desirable rental area with strong demand, this property is a solid addition to any investment portfolio.

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Multi-Family Active

Price

$ 1,200,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Traditional

Lot Size

0.42

Year Built

1998

Town/City

Ames

County/Region

Story

MLS | Web ID

68439

Features
General
Sewer Public Sewer
Heating Forced Air Natural Gas
Cooling Central Air
Zoning RH
Garage Spaces 0.0
Architectural Style Traditional
Construction Materials Vinyl Siding
Year Built 1998
Levels Two
Property Subtype Eight Plex
Parcel Number Multiple/See abstract
Gross Income 9385.0
County Story
Net Operating Income 6349.0
Operating Expense 3036.0
Property Type Multi-Family
HOA N
Garage Y/N N
Status Active
City Ames
High School District Ames
Number Of Units Total 0
MLS Area 0003 - Ames SW
Lot Size Units Square Feet
Lot Size Square Feet 18424.0
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 9808.0
Lease Renewal Y/N N
MLS Area Minor 0003 - Ames SW
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Tax Assessed Value 1106000
Legal Description Multiple/See abstract
Senior Community None
New Construction None
Water Body Access Y/N None
Accessibility Features Y/N None
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Interior
Basement None
Flooring Vinyl Carpet
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 0
Heating-Forced Air True
Heating-Natural Gas True
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Exterior
Water Source Public
Lot Size Area 18424.0
Foundation Details Slab
Building Area Total 7904.0
Lot Size Acres 0.42
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 4524
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* Excluded Features
List By
John Livingston

Listing Agent

Hunziker & Assoc.-Ames

Broker

515-291-0922

Contact

Affordability Calculator

$7,389
Per Month
100%
0%
0%
Monthly Principal & Interest
$7,389
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1415582 Elementary School
1415521 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/12/2025$1,200,000 Listed Price

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4524 Steinbeck Street, Ames, IA, 50014 is a Multi-Family Home for sale at $1,200,000 with 7,904 sqft and a lot size of 0.42. 4524 Steinbeck Street is a studio with 0.0 baths and was built in 1998. The property's zip code is 50014 which is in Ames, IA