$224,900
 $1,207 est/mo Sourced by Back At You

1220 Lincoln Way,Ames, IA 50010

Ames, IA 50010

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Description

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.

Details

MLS #70830
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1930
Days On Site28
Listing Provided ByFriedrich Realty | The Engelman Team

Features

Bed(s)3
Bath(s) 2 Total
SQ Feet891
Garage1
BasementY
Story(s)1
ZoningUCRM
Acreage0.17

Interior

Rooms Total11
HeatingForced Air, Natural Gas
Heating Yes / NoYes
CoolingCentral Air
Cooling Yes / NoYes
Fireplace FeaturesWood Burning
Fireplace Yes / NoYes

Exterior

Lot FeaturesLevel
Foundation DetailsBrick/Mortar, Tile
Architectural StyleRanch

Parking

Garage Yes / NoNo

Utilities

SewerPublic Sewer
Water SourcePublic

Taxes

Tax Legal DescriptionLINCOLN PLACE ADD BLOCK:2 LOT:5 AMES
Tax Assessed Value183600

Area Information

StateIA
CountyStory
CityAmes
Zip Code50010
AreaAmes NE
SubareaAmes NE
School DistrictAmes
High SchoolAmes
Listing VS Median (in 50010)
Price:
$224,900
low | high
Med:
$341,000
2% of Average
sqft:
891
low | high
Med:
1,444
12.065095398429% of Average
$ / sqft:
$252
low | high
Med:
$240
54.990677011338% of Average
On site:
28
low | high
Med:
39.5
70.886075949367% of Average
Sourced by Back At You

Market Activity 50010

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Learn More About This Property

StateIA
CountyStory
CityAmes
Zip Code50010
AreaAmes NE
SubareaAmes NE
School DistrictAmes
High SchoolAmes
Listing VS Median (in 50010)
Price:
$224,900
low | high
Med:
$341,000
2% of Average
sqft:
891
low | high
Med:
1,444
12.065095398429% of Average
$ / sqft:
$252
low | high
Med:
$240
54.990677011338% of Average
On site:
28
low | high
Med:
39.5
70.886075949367% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $168K - $281K
sqft: 668 - 1,000
Nearby Listings Property ImageNearby Listings Details
1220 Lincoln Way Property Photo 1
$224,900
1220 Lincoln Way
Ames, IA 50010
Listing Updated: August 20, 2026 at 12:26:08 PM PDT
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