Ames, IA Multifamily Homes & Duplexes for Sale
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$1,625,000
- Studio
- 4 Baths
- 2,304 Sq Ft
4713 Ontario St Unit 4, Ames, IA 50014
4713 Ontario St Unit 4, Ames, IA 50014 -
$1,625,000
- Studio
- 2 Baths
- 1,824 Sq Ft
4716 Hutchison St, Ames, IA 50014
4716 Hutchison St, Ames, IA 50014 -
$1,625,000
- Studio
- 4 Baths
- 4,392 Sq Ft
1307 Florida Ave, Ames, IA 50014
1307 Florida Ave, Ames, IA 50014 -
About Ames



Within a few miles, residents of Ames can visit a commercial downtown district, spend the day at the lake in Ada Hayden Heritage Park or feel the Hilton magic on campus at Iowa State University. This central Iowa city’s economy is bolstered by the university and the Iowa Department of Transportation, while others commute the 40 miles south to Des Moines for work. The city’s highly rated public schools are attractive to families. “Housing affordability is certainly up there,” says Paul Livingston, an area Realtor with Hunziker & Associates who h ...
Home Trends in Ames, IA
On average, homes in Ames, IA sell after 45 days on the market compared to the national average of 47 days. The average sale price for homes in Ames, IA over the last 12 months is $346,817, up 5% from the average home sale price over the previous 12 months.
Home Trends
In Ames, there are currently 11 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $262,000 to $1,625,000, there's a range to accomodate every budget. As of April, 2025 the median home price in Ames is $335,000, while the average sale price is $346,817, offering insights into the local housing market. On average, multi-family homes spend 45 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Ames, IA.