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3531/3533 Tripp StreetAmes, IA 50014

Multi-Family · 1,440 Sq. ft. | 0.27 Acres
$247,500 Active

3531/3533 Tripp Street Overview

Time on Site:
3 days
Visits:
0

Great income producing duplex backing to Franklin Park and located just south of West HyVee and within walking distance of Iowa State University Campus. Large lot with space for future garages to be built. Efficient, well cared since 2016 by owner-managed landlord who has made many upgrades over the years including new trim, doors, flooring, mechanicals, etc. Full unfinished basements are great for tenant storage needs and could be finished for added bedroom and living spaces to increase rent income. Current Letter of Compliance with the City of Ames and leases secured or renewed for the upcoming 8/1/26-7/31/27 lease cycle. This building is being sold as a portfolio sale including 4 total duplexes (3517/3519 Tripp St, 3523/3525 Tripp St, 3531/3533 Tripp St, and 3542/3544 Tripp St) and will not be split or sold separately.

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3531/3533 Tripp Street Facts & Features

  • Type Multi-Family
  • Sq. ft. 1,440
  • Price/Sq.ft. $172
  • Lot 0.27 Acres

Details

General

Association/HOA

  • Association Name: refrigerators, ranges, microwaves, washer, dryer
  • Association: false

School Information

  • School District: Ames

Building Information

  • Year Built: 1955

Location/Region

  • County Or Parish: Story

Tax Information

  • Tax Annual Amount: 2734.0
  • Tax Assessed Value: 223100

General Information

  • Property Sub Type: Duplex
  • Property Type: Multi-Family
  • Zoning: RL

Interior

Parking Information

  • Garage: false

Beds/Baths

  • Bathrooms Total: 0

Building Interior

  • Building Area Total: 1440.0

General Information

  • Basement: Full
  • Flooring: Vinyl,Carpet
  • Foundation Details: Block

Exterior

Lot Information

  • Lot Size Acres: 0.27
  • Lot Size Area: 11880.0
  • Lot Size Dimensions: 90x132
  • Lot Size Square Feet: 11880.0
  • Lot Size Units: Square Feet
  • Water Source: Public

Building Exterior/Construction

  • Architectural Style: Ranch
  • Construction Materials: Steel Siding

General Information

  • Number Of Units Total: 2
  • Sewer: Public Sewer

3531/3533 Tripp Street Neighborhood

Community

50014 (Ames) Demographics

23
Median Age
559
Population Density (per sq. mile)
75%
College Educated
$47,267
Estimated Median Income
4,315
Estimated Total Home Owners
8,455
Estimated Total Renters
34% / 66%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

3531/3533 Tripp Street Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

3531/3533 Tripp Street Market Data

Based on the last 30 days in this zip code

$578,789
Average List Price
$285
Average Price per Square Foot
52
Properties Sold
78
Average Days on Market
103
Properties for Sale
Calculations provided by Reliance Network

3531/3533 Tripp Street History

Date Event Value Agent
6/26/2026Source: Central Iowa MLS Added to Database
June 26, 2026
Listing provided courtesy of CENTURY 21 SIGNATURE-Ames- MLS# 70569MLS Provider