$600,000

Great investment opportunity near Iowa State University! This well-maintained Ames quadplex offers an excellent location with convenient access to campus, shopping, dining, and other area amenities. The property has recently undergone extensive updates, helping reduce near-term maintenance needs while improving tenant appeal. Recent improvements include new carpet, toilets, lighting, window blinds, refrigerators, gutters with leaf guards, duct cleaning, a new water heater, 22 new windows, and new front steps completed in 2024. The main sewer line and A/C system have also been inspected. With four rental units, a desirable location near Iowa State, and numerous recent capital improvements already completed, 2304 Knapp St is a strong opportunity for investors looking to add a multifamily property to their Ames portfolio.