1220 Lincoln Way
Ames, IA, 50010 $ 224,900
Bedrooms3 Baths2.0 Sq 891 Monthly Estimate*
$ 1,420
for $224,900 with 3 bedrooms and 2 full baths. This 891 square foot home was built in 1930 on a lot size of 0.17.
Prime Iowa State Investment Opportunity - Walk to CyTown, Jack Trice & Hilton Coliseum! Location, flexibility, and long-term upside come together in this well-maintained 3-bedroom, 2-bath home at 1220 Lincoln Way--just steps from Iowa State University's most exciting growth corridor. Whether you're searching for a place to call home, a long-term rental to add to your portfolio, or a short-term rental opportunity, this property is perfectly positioned to maximize its potential. Enjoy the convenience of walking to Jack Trice Stadium, Hilton Coliseum, and the exciting new CyTown development, where dining, shopping, entertainment, and year-round activity are transforming the area. Iowa State's campus and downtown Ames are also just minutes away. Inside, you'll appreciate the warmth and character of beautiful hardwood floors, a cozy fireplace framed by built-in bookshelves, two main-level bedrooms, and a full bath. The finished lower level provides additional living space with a family room, third bedroom, ¾ bath, and laundry--offering flexibility for guests, roommates, or additional rental potential. Whether you're planning unforgettable game-day weekends, seeking a primary residence, or expanding your investment portfolio, this property offers exceptional versatility in one of Ames' most desirable locations. Don't miss this rare opportunity to own a home that offers immediate tailgating enjoyment and outstanding long-term investment potential. Schedule your showing today! Lease provision allows new owner to terminate lease with 30 days notice after sale of property.
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FeaturesGeneralSewer Public Sewer
Heating Forced Air Natural Gas
Cooling Central Air
Appliances Dryer Range Refrigerator Washer
Zoning UCRM
Garage Spaces 1
Architectural Style Ranch
Year Built 1930
Levels One
Property Subtype Single Family Residence
Parcel Number 09-10-201-030
County Story
Property Type Residential
HOA false
Garage Y/N true
Total Rooms 11
Full Baths 1
Status Active
City Ames
High School District Ames
MLS Area 0001 - Ames NE
Lot Size Units Square Feet
Lot Size Square Feet 7288
MLS Area Minor 0001 - Ames NE
Standard Status Active
Tax Assessed Value 183600
Legal Description LINCOLN PLACE ADD BLOCK:2 LOT:5 AMES
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InteriorBasement Full
Flooring Vinyl Hardwood Carpet
Fireplace Features Wood Burning
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N true
3/4 Baths 1
Total Bedrooms 3
Below Grade Finished Area 500
Total Baths 2
Heating-Forced Air true
Heating-Natural Gas true
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ExteriorLot Features Level
Water Source Public
Lot Size Area 7288
Foundation Details Tile Brick/Mortar
Building Area Total 891
Lot Size Acres 0.17
Road Frontage Type Maintained
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* Excluded FeaturesList ByThe Engelman TeamListing Agent
Tony@Friedrich-Realty.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $1,420
- Monthly Property Taxes
- --
- 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.
Learn more about how to save NearbySingle family listings in Ames, IA
Average List Price $514,588
Percent of Sale Price 129%
About Ames, IA 63,519 Population
25% Since 2002
$ 45,540 Median Income
26.76 Median Age
19% Households with Children
Trends Information provided by ATTOM Data Solutions.
0 Elementary School
0 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 7/27/2026 | $224,900 | | Listed Price |
1220 Lincoln Way, Ames, IA, 50010 is a Single Family Home for sale at $224,900 with 891 sqft and a lot size of 0.17. 1220 Lincoln Way has 3 bedrooms, 2.0 baths, and was built in 1930. The property's zip code is 50010 which is in Ames, IA