3523/3525 Tripp Street Ames, IA $ 247,500
3523/3525 Tripp Street
$ 247,500
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3523/3525 Tripp Street

Ames, IA, 50014
$ 247,500
Baths0.0 Sq 352,335

Monthly Estimate*

$ 1,563

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Studio

Multi-Family Home for sale in Ames, IA

for $247,500. This 352,335 square foot home was built in 1955 on a lot size of 0.27.

Great income producing duplex backing to Franklin Park and located just south of West HyVee and within walking distance of Iowa State University Campus. Large lot with space for future garages to be built. Efficient, well cared since 2016 by owner-managed landlord who has made many upgrades over the years including new trim, doors, flooring, mechanicals, etc. Full unfinished basements are great for tenant storage needs and could be finished for added bedroom and living spaces to increase rent income. Current Letter of Compliance with the City of Ames and leases secured or renewed for the upcoming 8/1/26-7/31/27 lease cycle. This building is being sold as a portfolio sale including 4 total duplexes (3517/3519 Tripp St, 3523/3525 Tripp St, 3531/3533 Tripp St, and 3542/3544 Tripp St) and will not be split or sold separately.

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Multi-Family Active

Price

$ 247,500

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 2,934

Style

Duplex

Lot Size

0.27

Year Built

1955

Town/City

Ames

County/Region

Story

MLS | Web ID

70567

Features
General
Sewer Public Sewer
Heating Forced Air Natural Gas
Cooling Central Air
Zoning RL
Garage Spaces 0
Construction Materials Steel Siding
Year Built 1955
Levels One and One Half One
Property Subtype Duplex
County Story
Property Type Multi-Family
HOA false
Garage Y/N false
Status Active
City Ames
Association Name refrigerators ranges microwaves washer dryer
High School District Ames
Number Of Units Total 2
MLS Area 0002 - Ames NW
Lot Size Units Square Feet
Lot Size Square Feet 11880
Tax Annual Amount 2934
MLS Area Minor 0002 - Ames NW
Standard Status Active
Tax Assessed Value 234700
Legal Description WEST CAMPUS VILLAGE ADD LOT 5 & W30' LOT 6
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Interior
Basement Full
Flooring Vinyl Carpet
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
Heating-Forced Air true
Heating-Natural Gas true
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Exterior
Water Source Public
Lot Size Area 11880
Foundation Details Block
Building Area Total 352335
Lot Size Acres 0.27
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* Excluded Features
List By
Jared Van Cleave

Listing Agent

Century 21 Signature-Ames

Broker

Affordability Calculator

$1,807
Per Month
86%
14%
0%
Monthly Principal & Interest
$1,563
Monthly Property Taxes
$245
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
0 Elementary School
0 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/26/2026$247,500 Listed Price

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3523/3525 Tripp Street, Ames, IA, 50014 is a Multi-Family Home for sale at $247,500 with 352,335 sqft and a lot size of 0.27. 3523/3525 Tripp Street is a studio with 0.0 baths and was built in 1955. The property's zip code is 50014 which is in Ames, IA