2001/2003 Melrose Avenue, Ames, IA 50010

$315,000

bedrooms

bathrooms

square feet

Acreage

0.21

Open Houses

year built

1958

Full Baths

Half Baths

Find out more

Prime Investment Opportunity - Updated Side-by-Side Duplex!Attention investors, parent investors, and house hackers! This rare, well-maintained side-by-side duplex is perfectly situated in a predominantly residential neighborhood and is move-in ready. A fantastic opportunity, this property offers a 3-bed, 2-bath unit on one side and a 2-bed, 1-bath unit on the other--both extensively updated to maximize appeal and rental potential.Recent upgrades include remodeled bathrooms, luxury vinyl plank (LVP) flooring, new carpet, refinished hardwood floors, fresh interior paint, stainless steel appliances, and more! Key system updates include a new roof (2018) and AC units (2017 & 2020). A full list of renovations is available upon request.This clean, turn-key duplex is ready for tenants of your choosing, with all necessary updates for a Letter of Compliance (LOC) to be completed before closing. Conveniently located just blocks from Fellows Elementary and Ames High School, with a CyRide stop right outside the front door, this property offers both accessibility and desirability.Don't miss out--schedule your showing today!

Location
Subdivision	-
County	Story
Elementary School	-
Middle School	-
High School	-

Exact location data not provided

Driving directions

Open houses

None scheduled.

Find out more

Tell us who you are, and we will have someone reach out to you.

Name*

Email*

Phone*

Message

I have a house to sell

By proceeding, you consent to receive calls, texts and voicemails at the number you provided (may be recorded and may be autodialed and use pre-recorded and artificial voices), and email, from Kotohomes, Flanders Team, and their network of service providers about your inquiry and other home-related matters.

Msg/data rates may apply. This consent applies even if you are on a do not call list and is not a condition of any purchase.

MLS number: 66762

Listing agent: Flanders Team #S58137

Listing broker: Re/Max Real Estate Center 2324663

Copyright © 2025 Central Iowa Board of Realtors, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. [source]

Last update: Tuesday, March 18 2025 at 12:34 p.m. EDT

Kotohomes National