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0 Baths
3,120 sqft

$550,000

1407 Georgia Avenue, Ames IA, 50014

Price per sqft$176.28
Built in1995
Property size3,120 sqft
Property typeMulti-family

Overview

Active

Listed May 19, 2026

Updated Jun 19

Outstanding income-producing triplex built in 1995 offering three large 4-bedroom, 2 full bathroom units. Each unit features its own washer and dryer, private garage, and spacious floor plan designed for strong tenant appeal and long-term occupancy. Market rents are projected at $1,470 per month per unit, creating excellent income potential for investors. The property has been well maintained and includes a newer roof installed in 2019. The Landlord provides lawn care, snow removal, and trash service; all other utilities are the responsibility of the tenants. Large bedroom counts, desirable tenant amenities, and solid rental income make this a rare multifamily opportunity with strong cash flow potential and long-term investment value.

$3,659/mo

Est. mortgage payment based on a $550,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
70227

Interior Features

Bathrooms
0
Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.23 Acres

Other Property Details

Taxes
$5,126
Tax Frequency
Annually
Garage
Yes

Courtesy of Keller Williams Ames, Gale & Ryan Gehling Team,
Listing Contact:  

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor InSun Colerick shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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