615 Ken Maril Road | Image 1
New
615 Ken Maril Road | Image 2
615 Ken Maril Road | Image 3
615 Ken Maril Road | Image 4
615 Ken Maril Road | Image 5
615 Ken Maril Road | Image 6
615 Ken Maril Road | Image 7

$325,000

For Sale

10 hours ago

MLS® 735324

4 Bed

2 Bath

1009 sqft

--

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Residential Income
Size 1009 sqft
Garage Yes
HOA Fees 
Taxes $3,419
Days Active 0
Approx. Age 1979
Avg. Price Per Sqft $322
MLS® Number 735324

Property Address: 617-615 Ken Maril Road, Ames, IA, 50010

Average square foot calculated using Size range provided by listing agent.

Description

ASSUMABLE 2.875% FHA loan with approximately 25 years remaining; a RARE opportunity to secure financing far below today's market rates. For investors or house hackers, this creates the chance to step into a significantly lower monthly payment while building equity in one of Iowa's most stable rental markets near Iowa State University. Letter of Compliances already taken care of. This maintained duplex features 2 units, each offering 2 beds + 1 full bath, laundry in both units, along with a detached 2 car garage and a practical layout. Each unit has separate mechanicals + separate utility meters, allowing tenants to pay their own utilities and simplifying mgmt for the owner. The home has been updated with new LVP flooring, fresh interior paint, and improved landscaping, giving it an updated feel. The owner has also completed meaningful capital improvements, including installing a brand new city water line to the property + replacing the roof on the detached garage along w/ new high-quality gutters and gutter guards; significant upgrades already taken care of for the next owner. All appliances included + vinyl windows make this an investment ready for immediate occupancy/rental income. Whether you're looking to house hack or add a solid property to your portfolio, this duplex offers strong fundamentals, low-maintenance updates, and the rare assumable 2.875% mortgage. (to qualify for assumable mortgage you have to live in 1 side) Call agent today for your showing and more info!!
MLS® Number735324
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry LevelUpper Level
Exposure
Exterior
GarageYes
Approx. Age1979
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 12, 2026List Date
$325,000List Price
  • Commute

Commute

Starting Address
Destination Address
615 Ken Maril Road, Ames, IA

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment
Loading...

Similar Listings

Comparable Properties