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For sale
  • $169,900

    1101 Lincoln Way, Ames, IA 50010

    3beds
    1,103sqft
    : 
    Single Family Residence
    Built in 1915
    7,318.08 Square Feet Lot
    $-- Zestimate®
    $154/sqft
    $-- HOA

    What's special

    Huge investment opportunity with this home that is set along the Lincoln Way corridor just minutes to Iowa State University, Campustown, and Downtown Ames, this early-1900s home delivers space, location, and immediate income. A flexible 6-bed, 2-bath layout spans two levels and is currently fully leased to reliable, on-time tenants collect rent on day one. Everyday conveniences are close by groceries, cafés, CyRide stops, and major routes with quick access to US-30/I-35 for an easy drive to Iowa State Fair events in Des Moines. Classic 1915 character, a high-visibility address, and proven rental demand make this a strong long-term hold. All information obtained from seller and public records.
    6 days
    on Zillow
    |
    720
    |
    18
    |

    Zillow last checked: 7 hours ago

    Listing updated: August 26, 2025 at 09:37am

    Listed by:

    Habib, Omar 515-707-0090,

    RE/MAX Precision

    Source: DMMLS,MLS#: 724803MLS LogoOriginating MLS: Des Moines Area Association of REALTORS
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 1101 Lincoln Way.

    Next available tour time:Tomorrow at 12:30pm

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bedrooms: 3
    Heating
    • Forced Air, Gas
    Cooling
    • Window Unit(s)
    Appliances
    • Included: Dryer, Refrigerator, Stove, Washer
    Interior area
    • Total structure area: 1,103
    • Total interior livable area: 1,103 sqft
    • Finished area below ground: 780

    Property

    Features
    • Levels: One
    • Stories: 1
    Lot
    • Size: 7,318.08 Square Feet
    Details
    • Parcel number: 0903458100
    • Zoning: Res

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Single Family Residence
    Materials
    • Roof: Asphalt,Shingle
    Condition
    • Year built: 1915

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    HOA
    • Has HOA: No
    Location
    • Region: Ames

    Financial & listing details

    • Price per square foot: $154/sqft
    • Tax assessed value: $130,500
    • Annual tax amount: $1,853
    • Date on market: 8/22/2025
    • Cumulative days on market: 7 days
    • Listing terms: Cash,Conventional
    • Road surface type: Concrete
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