$248,500

124 N Franklin Avenue, Ames, IA 50014

4 beds |
2 baths |
1,262 sqft

Single-Family Home
Built in 1900
8,407sqft lot
1 car garage
$197/sqft
Listed 11 days ago

Property Description

Location is a standout here; approximately a 10 minute walk to Iowa State University, 6 minute walk to West Hy-Vee and just down the street from a CyRide stop at Lincoln Way & Franklin. Whether you're looking for your first home, an Ames investment property or a place for your student while attending ISU, this 4-bedroom, 2-bath home offers plenty of flexibility. Previously rented for $2,450/month with a current City of Ames Letter of Compliance, the property has an established rental history. Inside, you'll find new LVP flooring, fresh paint and new carpet throughout. The main level features a spacious living and dining area with newly-painted built-ins, kitchen, laundry hookups, two bedrooms and a full bath. Upstairs offers an additional bedroom space, while the finished basement includes another bedroom, laundry room, living space and a 3/4 bath with tiled shower. A covered front porch, private backyard and one-car detached garage round out a property that's equally appealing as a home or investment.

Listing Status:: Active
Date Added:: September 10, 2026
Data Last Updated:: September 22, 2026 at 3:16AM
Listing Office:: RE/MAX Real Estate Center : (515) 232-4663
Listing Agent:: Jennings, Traci : (515) 232-4663
Contact:: (515) 232-4663
MLS ID:: 748937

General: Dining AreaSeparate/Formal Dining Room
Appliances: DryerMicrowaveRefrigeratorStoveWasher
Laundry: Main Level
Basement: Partial
Flooring: CarpetTile
A/C: Central Air
Heating: Forced AirGasNatural Gas

General: Deck
Style: One and One Half Story
Other Structures: DeckCovered
Parking: DetachedGarageOne Car Garage

Roofing: AsphaltShingle
General: Metal SidingOne and One HalfBrick/Mortar

Road/Access: Asphalt
Originating MLS: DMAAR_DM
School District: Ames
County: Story

Zoning: RLWEST AMES ADD BLOCK:1 LOT:20 AMES0905476120

Water: Public
Sewer: Public Sewer

Source: DMAAR_DM

This listing courtesy of Jennings, Traci , RE/MAX Real Estate Center

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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