About This Home

This 3-bedroom, 2-bathroom single family at 1220 Lincoln Way in Ames, IA is listed for $219,900 ($247 per sqft). Built in 1930, the home offers 891 sqft of living space on a 0.17 acres lot.

Key Features

  • Built in 1930
  • 0.17 acre lot
  • Fireplace

Property Details

1 story
1 full
1-car garage
1930

Amenities

FireplaceHardwoodA/C
Listing 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, 3/4 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.

Monthly Cost Estimate

$1,176/mo

20% down · 6.5% · 30 years

Principal$159
Interest$953
Insurance$64

Estimates only. Actual payments may vary.

Location

1220 Lincoln Way

Ames, IA 50010

Property Details

Flooring

CarpetHardwoodVinylTile

Heating

Forced AirNatural Gas

Cooling

Central Air

Appliances

DryerRangeRefrigeratorWasher

Questions & Answers

This 3-bedroom, 2-bathroom single family at 1220 Lincoln Way is listed at $219,900 ($247/sqft). The estimated monthly payment is $1,176 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1930, 0.17 acre lot, Fireplace.

This property is listed by The Engelman Team.

TT

The Engelman Team

License S62628

Agent at Friedrich Iowa Realty

Listed by Friedrich Iowa Realty · Broker phone: (515) 232-6175 · View on Broker Site · Broker website

MLS# 70830· Source: Central Iowa Board of Realtors, Inc.· 93 days on PropertySimple

Copyright © 2026 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.

1220 Lincoln Way, Ames, IA 50010

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