$ 1,050,000 $ 1,190,000 11.8%

439 S Maple Avenue

Ames, IA 50010

  • 16 Beds
  • 8 Baths
    Full Baths: 8
  • 7,436 SqFt
  • 0.33 Lot Size
  • 1975 Year Built
The Cardinal View apartment building offers a lucrative 8-unit investment opportunity, strategically located within walking distance of Iowa State University's Hilton Coliseum, Jack Trice Stadium, and the upcoming CyTown development. This prime location ensures a consistent rental demand from students, sports fans, and professionals alike.
The building comprises fully rented 2-bedroom, 1-bath units, providing a stable income stream for investors. Recent significant improvements enhance the building's value and long-term appeal. With a strong rental history and proximity to key landmarks, Cardinal View presents a compelling opportunity for investors seeking steady cash flow and long-term appreciation.
Listed by LPT Realty, LLC , Sold By United Real Estate Profess

PROPERTY DETAIL

  • Key Details

    Sold Price $1,050,00011.8%

    Property Type Multi-Family

    Listing Status Sold

    Purchase Type For Sale

    Square Footage 7, 436 sqft

    Price per Sqft $141

    MLS Listing ID 704069

    Sold Date 12/23/24

    Style Two Story

    Bedrooms 16

    Full Baths 8

    HOA Y/N No

    Year Built 1975

    Annual Tax Amount $6,982

    Tax Year 2024

    Lot Size 0.334 Acres

    Acres 0.3343

  • Location

    State IA

    County Story

    Area Ames

    Zoning RH

  • Building

    Lot Description Rectangular Lot

    Entry Level Two

    Foundation See Remarks, Slab

    Sewer Public Sewer

    Water Public

    Level or Stories Two

  • Interior

    Heating Electric, Forced Air

    Cooling Central Air

    Furnishings Unfurnished

    Fireplace No

  • Exterior

    Utilities Available Electricity Available, Water Available

    Roof Type Asphalt,Shingle

    Private Pool No

  • Schools

    School District Ames

  • Others

    HOA Fee Include Cable TV,Maintenance Grounds,Recreation Facilities,Snow Removal

    Tax ID 0910251040

    Monthly Total Fees $581

    Acceptable Financing Cash, Conventional

    Listing Terms Cash, Conventional

    Financing Conventional

CONTACT

Jim Hibbs
Jim Hibbs

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