Ames, IA 50010 439 S Maple Avenue

$1,190,000

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Presented By: LPT Realty, LLC
  • Des Moines Area AOR (DMAAR) - 188 - IA
  • MLS# 704069
  • 09/17/2024
  • Request Tour
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  • Beds • 16
  • Baths • 8
  • SQFT • 7,436

Home Details

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.
Presented By: LPT Realty, LLC

Interior Features for 439 S Maple Avenue

Bedrooms

Total Bedrooms16

Bathrooms

3/4 Baths0
Half Baths
Total Baths8

Other Interior Features

Air Conditioning Y/NYes
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace Y/NNo
Furnished Y/NUnfurnished
Heating Y/NYes

General for 439 S Maple Avenue

Additional Parcels Y/NNo
Architectural StyleTwoStory
Association Fee IncludesCableTV, MaintenanceGrounds, RecreationFacilities, SnowRemoval
Attached Garage No
Carport Y/NNo
CityAmes
Construction MaterialsWoodSiding
CoolingCentralAir
CountyStory
Days on Market2
DirectionsEast on Highway 30 from Interstate 35. Exit at University traveling north. Take a right or east at south 4th St. Take a right a S. Maple. Property will be on your right.
Elementary School DistrictAmes
Full Baths8
Garage Y/NNo
HeatingElectric, ForcedAir
High School DistrictAmes
Home Owner AssocNo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Legal DescriptionKEIGLEY'S ADD LOT 8 EX S20'
LevelsTwo
Lot Size Square Feet14560.0
Lot Size UnitsAcres
MLS AreaAmes
Middle/Junior School DistrictAmes
MobileHomeRemainsYNNo
New ConstructionNo
Occupancy TypeTenant
OwnerPaysInsurance, Water
PostalCityAmes
Private PoolNo
Property Attached Y/NNo
Property TypeMultiFamily
Rent Control Y/NNo
RoofAsphalt, Shingle
Senior Community Y/NNo
SewerPublicSewer
Standard StatusActive
StatusActive
Stories2
Tax Annual Amount11188.0
Tax Year2024
Tenant PaysElectricity
TermsCash, Conventional
UtilitiesElectricityAvailable, WaterAvailable
View Y/NNo
Waterfront Y/NNo
Year Built1975
ZoningRH

Exterior for 439 S Maple Avenue

Building Area Total7436.0
Crops Included Y/NNo
Foundation DetailsSeeRemarks, Slab
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesRectangularLot
Lot Size Acres0.3343
Lot Size Area0.3343
Open Parking Y/NNo
Road Surface TypeConcrete
SpaNo
Water SourcePublic

Additional Details

Price History

Rachel Tiskevics

Realtor®
Price $1,190,000
MLS#704069
List Date 09/17/2024
Property Type Multi-Family
Phone 641.230.0537
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