3315 Tripp St, Ames, IA 50014

Located in a stable, established neighborhood on Tripp Street, this property offers strong rental potential and long-term appreciation. Or move in as an owner-occupied property. Built in 1946, the home features a functional layout with good bones and plenty of natural light. The main level includes a spacious kitchen, living area, and full bath, while the upper level loft overlooks the neighborhood and has an abundance of natural light. The full basement is set up as a separate living space with bedroom, living room, kitchenette and bathroom. Keep it all as one property or separate the living space for more privacy. Outside, the property includes a custom built shed, fenced in yard, additional off-street parking, and a 6,944 sq. ft. lot with mature trees. It's convenient west Ames location provides quick access to Iowa State University, parks, and retail amenities—making it highly attractive to live or rent. Highlights for Investors: 4 bedrooms | 1.5 baths | full basement | separate living space Newer poured oversized driveway Prime rental area near ISU and west Ames amenities Strong potential for cash flow and long-term equity growth Home is currently rented for $20250/mo to July 2026. LOC is to July 2027