About This Home

This 4-bedroom, 2-bathroom single family at 124 N Franklin Avenue in Ames, IA is listed for $241,500 ($191 per sqft). Built in 1900, the home offers 1,262 sqft of living space on a 0.19 acres lot.

Key Features

  • Built in 1900
  • 0.19 acre lot
  • 2 stories

Property Details

2 stories
1 full
1-car garage
1900

Amenities

A/C
Listing Description

Location is a standout here; approximately a 10 minute walk to Iowa State University, 6 minute walk to West Hy-Vee and just down the street from a CyRide stop at Lincoln Way & Franklin. Whether you're looking for your first home, an Ames investment property or a place for your student while attending ISU, this 4-bedroom, 2-bath home offers plenty of flexibility.

Previously rented for $2,450/month with a current City of Ames Letter of Compliance, the property has an established rental history. Inside, you'll find new LVP flooring, fresh paint and new carpet throughout. The main level features a spacious living and dining area with newly-painted built-ins, kitchen, laundry hookups, 3 bedrooms and a full bath.

Upstairs offers an additional bedroom space, while the finished basement includes another non-conforming bedroom, laundry room, living space and a 3/4 bath with tiled shower. A covered front porch, private backyard and one-car detached garage round out a property that's equally appealing as a home or investment.

Monthly Cost Estimate

$1,292/mo

20% down · 6.5% · 30 years

Principal$175
Interest$1,047
Insurance$70

Estimates only. Actual payments may vary.

Location

124 N Franklin Avenue

Ames, IA 50014

Features & Amenities

Interior Features

Ceiling Fan(s)

Exterior Features

Steel Siding

Property Details

Flooring

CarpetVinylTile

Outdoor Features

Porch

Heating

Natural GasForced Air

Cooling

Central Air

Appliances

DryerMicrowaveRangeRefrigeratorWasher

Questions & Answers

This 4-bedroom, 2-bathroom single family at 124 N Franklin Avenue is listed at $241,500 ($191/sqft). The estimated monthly payment is $1,291 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1900, 0.19 acre lot, 2 stories. Interior Features: Ceiling Fan(s). Exterior Features: Steel Siding.

This property is listed by Real Estate Team, Jennings.

RJ

Real Estate Team, Jennings

License S39814

Agent at RE/MAX REAL ESTATE CENTER

Listed by RE/MAX REAL ESTATE CENTER · Broker phone: 2324663 · View on Broker Site · Broker website

MLS# 71253· Source: Central Iowa Board of Realtors, Inc.· 50 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.

124 N Franklin Avenue, Ames, IA 50014

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