Prime Iowa State Investment Opportunity - Walk to CyTown, Jack Trice & Hilton Coliseum! Location, flexibility, and long-term upside come together in this well-maintained 3-bedroom, 2-bath home at 1220 Lincoln Way--just steps from Iowa State University's most exciting growth corridor. Whether you're searching for a place to call home, a long-term rental to add to your portfolio, or a short-term rental opportunity, this property is perfectly positioned to maximize its potential. Enjoy the convenience of walking to Jack Trice Stadium, Hilton Coliseum, and the exciting new CyTown development, where dining, shopping, entertainment, and year-round activity are transforming the area. Iowa State's campus and downtown Ames are also just minutes away. Inside, you'll appreciate the warmth and character of beautiful hardwood floors, a cozy fireplace framed by built-in bookshelves, two main-level bedrooms, and a full bath. The finished lower level provides additional living space with a family room, third bedroom, ¾ bath, and laundry--offering flexibility for guests, roommates, or additional rental potential. Whether you're planning unforgettable game-day weekends, seeking a primary residence, or expanding your investment portfolio, this property offers exceptional versatility in one of Ames' most desirable locations. Don't miss this rare opportunity to own a home that offers immediate tailgating enjoyment and outstanding long-term investment potential. Schedule your showing today! Lease provision allows new owner to terminate lease with 30 days notice after sale of property.
| MLS # | 70830 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1930 |
| Days On Site | 28 |
| Listing Provided By | Friedrich Realty | The Engelman Team |
| Bed(s) | 3 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 891 |
| Garage | 1 |
| Basement | Y |
| Story(s) | 1 |
| Zoning | UCRM |
| Acreage | 0.17 |
| Rooms Total | 11 |
|---|---|
| Heating | Forced Air, Natural Gas |
| Heating Yes / No | Yes |
| Cooling | Central Air |
| Cooling Yes / No | Yes |
| Fireplace Features | Wood Burning |
| Fireplace Yes / No | Yes |
| Lot Features | Level |
|---|---|
| Foundation Details | Brick/Mortar, Tile |
| Architectural Style | Ranch |
| Garage Yes / No | No |
|---|
| Sewer | Public Sewer |
|---|---|
| Water Source | Public |
| Tax Legal Description | LINCOLN PLACE ADD BLOCK:2 LOT:5 AMES |
|---|---|
| Tax Assessed Value | 183600 |
| State | IA |
|---|---|
| County | Story |
| City | Ames |
| Zip Code | 50010 |
| Area | Ames NE |
| Subarea | Ames NE |
| School District | Ames |
| High School | Ames |
| Listing VS Median (in 50010) | |
Price: $224,900 low | high Med: $341,000 sqft: 891 low | high Med: 1,444 $ / sqft: $252 low | high Med: $240 On site: 28 low | high Med: 39.5 | |
| State | IA |
|---|---|
| County | Story |
| City | Ames |
| Zip Code | 50010 |
| Area | Ames NE |
| Subarea | Ames NE |
| School District | Ames |
| High School | Ames |
| Listing VS Median (in 50010) | |
Price: $224,900 low | high Med: $341,000 sqft: 891 low | high Med: 1,444 $ / sqft: $252 low | high Med: $240 On site: 28 low | high Med: 39.5 | |
![]() | $224,9001220 Lincoln WayAmes, IA 50010 |