Excellent investment opportunity in this well-maintained 4-plex located in a desirable West Ames neighborhood! Each of the four units features 2 bedrooms and 1 bathroom, attracting long-term tenants who appreciate the property's comfort and convenience. Recent upgrades include a new roof and gutters, along with newer siding, offering peace of mind for years to come. Situated directly across from Abbie Sawyer Elementary School and just steps from CyRide stops along the Green #2 bus route, this location provides excellent access to schools, parks, and amenities. Whether you're expanding your portfolio or entering the multifamily market, this fully rented property combines stability, location, and low-maintenance appeal. All information obtained from seller and public records.
For sale
Price cut: $10K (8/7)
$315,000
4311 Ontario St, Ames, IA 50014
8beds
2,964sqft
Est.:
Multi Family, Apartment
Built in 1977
-- sqft lot
$-- Zestimate®
$106/sqft
$-- HOA
What's special
- 39 days
- on Zillow |
- 1,574 |
- 84 |
Zillow last checked: 7 hours ago
Listing updated: August 07, 2025 at 12:25pm
Listed by:
Chris Kew 515-223-9492,
RE/MAX Precision
Source: DMMLS,MLS#: 717099
Originating MLS: Des Moines Area Association of REALTORS

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Forced Air, Gas, Natural Gas
Cooling
- Central Air
Appliances
- Included: Dryer, Refrigerator, Stove, Washer
Interior area
- Total structure area: 2,964
- Total interior livable area: 2,964 sqft
- Finished area below ground: 0
Property
Parking
- Parking features: Carport
- Has carport: Yes
Features
- Levels: Two
- Stories: 2
Lot
- Size: 0.25 Acres
- Features: Rectangular Lot
Details
- Parcel number: 0532352120
- Zoning: RH
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Two Story
- Property subtype: Multi Family, Apartment
Materials
- Brick, Metal Siding
- Foundation: Slab
- Roof: Asphalt,Shingle
Condition
- Year built: 1977
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Natural Gas Available, Water Available
Community & HOA
HOA
- Has HOA: No
Location
- Region: Ames
Financial & listing details
- Price per square foot: $106/sqft
- Tax assessed value: $263,400
- Annual tax amount: $3,740
- Date on market: 5/1/2025
- Listing terms: Cash
- Tenant pays: Electricity, Gas
- Road surface type: Concrete
- Loading
- Loading