Investment opportunity to own 4 units located less than 2 blocks of ISU Campus. Location, Location, Location. Leased through 7/25/2026.
Coin-operated Laundry Room, New boiler 2023 and 4 new water heaters in 2022. Roof installed in 2017 is Malarkey Vista Class IV 50 year shingles.
This property should be purchased with 327 Stanton (House) for maximum parking but can be separated.
Agent/Broker Mike Frisk is an owner/member of M&J Rentals, LLC
Sold for $457,000
$457,000
321 Stanton Ave, Ames, IA 50014
--beds
0baths
2,880sqft
Quadruplex, Multi Family
Built in 1979
-- sqft lot
$-- Zestimate®
$159/sqft
$1,653 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,653/mo
Zestimate® history
Owner options
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$2,412/mo
Est. payment
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List your homeWhat's special
Coin-operated laundry room
Zillow last checked:
Listing updated:
Listed by:
Mike Frisk 515-292-5020,
First Property Management of Ames
Bought with:
Miranda Brockman, S65972
RE/MAX REAL ESTATE CENTER
Source: CIBR,MLS#: 67568
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Hot Water, Natural Gas
Cooling
- Wall Unit(s)
Features
- Flooring: Vinyl, Laminate, Carpet
- Basement: None
Interior area
- Total structure area: 2,880
- Total interior livable area: 2,880 sqft
Property
Lot
- Size: 0.27 Acres
- Dimensions: 66 x 175
Details
- Parcel number: 0909131160
- Zoning: RH & O-UIE - E
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Multi Family
Materials
- Foundation: Slab
Condition
- Year built: 1979
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Ames
HOA & financial
HOA
- Has HOA: No
- Association name: Refrigerator, Stove, and Dishwasher
Price history
| Date | Event | Price |
|---|---|---|
| 7/23/2025 | Sold | $457,000-5.8%$159/sqft |
Source:  CIBR #67568 Report a problem | ||
| 6/1/2025 | Listed for sale | $485,000+86.5%$168/sqft |
Source: CIBR #67568 Report a problem | ||
| 3/21/2008 | Sold | $260,000$90/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,098 +2.1% | $311,000 -11.5% |
| 2024 | $4,992 -25.8% | $351,500 |
| 2023 | $6,730 -14% | $351,500 -12.1% |
| 2022 | $7,828 -4% | $400,000 |
| 2021 | $8,150 -6.2% | $400,000 +3.3% |
| 2020 | $8,687 +4.4% | $387,200 |
| 2019 | $8,322 +20% | $387,200 +10% |
| 2018 | $6,937 0% | $352,000 |
| 2017 | $6,938 -4.4% | $352,000 +32.4% |
| 2016 | $7,258 | $265,800 |
| 2015 | $7,258 -5.5% | $265,800 +6% |
| 2014 | $7,682 | $250,700 |
| 2012 | -- | $250,700 |
| 2011 | $8,098 -10.9% | -- |
| 2010 | $9,088 +3% | -- |
| 2009 | $8,824 +9.4% | -- |
| 2008 | $8,066 +4.3% | -- |
| 2004 | $7,732 +0.8% | $254,500 |
| 2003 | $7,672 -0.1% | -- |
| 2002 | $7,679 +35.6% | $248,825 +32.8% |
| 2001 | $5,663 | $187,300 |
Find assessor info on the county website
Neighborhood: South Campus Area
Nearby schools
GreatSchools rating
- 4/10Edwards Elementary SchoolGrades: K-5Distance: 1.9 mi
- 6/10Ames Middle SchoolGrades: 6-8Distance: 1.2 mi
- 8/10Ames High SchoolGrades: 9-12Distance: 1.6 mi
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- Iowa
- Story County
- Ames
- 50014
- South Campus Area
- 321 Stanton Ave
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