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.
For sale
Price cut: $10K (8/7)
$237,500
3517/3519 Tripp St, Ames, IA 50014
--beds
0baths
1,440sqft
Duplex, Multi Family
Built in 1955
-- sqft lot
$-- Zestimate®
$165/sqft
$-- HOA
What's special
Full unfinished basementsNew trimBacking to franklin parkLarge lot
- 76 days
- 157
- 5
Zillow last checked:
Listing updated:
Listed by:
Jared Van Cleave 515-233-2623,
CENTURY 21 SIGNATURE-Ames
Source: CIBR,MLS#: 70568
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Features
- Flooring: Vinyl, Carpet
- Basement: Full
Interior area
- Total structure area: 1,440
- Total interior livable area: 1,440 sqft
Property
Lot
- Size: 0.27 Acres
Details
- Zoning: RL
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family
Materials
- Foundation: Block
Condition
- Year built: 1955
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
- HOA name: refrigerators, ranges, microwaves, washer, dryer
Location
- Region: Ames
Financial & listing details
- Price per square foot: $165/sqft
- Tax assessed value: $225,100
- Annual tax amount: $2,773
- Date on market: 6/26/2026
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/7/2026 | Price change | $237,500-4%$165/sqft |
Source: | ||
| 6/26/2026 | Listed for sale | $247,500$172/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment





