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Rich Montanaro

rich@americanreco.com +1(515) 451-4549

$ 348,400

Est. payment | -/mo

4 Beds

2 Baths

2,200 SqFt

Save

$ 348,400

Est. payment | -/mo

Save

4 Beds

2 Baths

2,200 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,200 sqft

Price per Sqft $158

MLS Listing ID 751780

Style Two Story

Bedrooms 4

Full Baths 2

HOA Y/N No

Year Built 1978

Annual Tax Amount $5,160

Tax Year 2026

Lot Size 10,628 Sqft

Acres 0.244

Property Description

Exceptional Investment Opportunity | Prime Ankeny Location! Fantastic opportunity to own a well-maintained, income-producing duplex in a desirable Ankeny location with access to Ankeny schools! This attractive side-by-side, two-story duplex offers the perfect combination of location, functionality, significant recent improvements, and established rental income. Each spacious unit features 2 bedrooms, comfortable living spaces, and a finished lower level complete with egress windows, providing additional versatile living space. Both units also feature private patios, convenient storage in the furnace rooms, and garage parking. The detached 2-car garage is divided to provide each unit with its own private one-stall garage. Major improvements have already been completed, including a new roof, updated windows, HVAC systems, and egress windows, offering added value and peace of mind. Investors will appreciate the separately metered gas, electric, and water utilities, all paid directly by tenants, helping minimize operating expenses. Tenants also handle lawn care and snow removal, providing additional convenience and reduced maintenance responsibilities for the owner. Currently owner-managed, this desirable property features established, long-term tenants in both units, making it an attractive turnkey investment opportunity. With major updates completed, tenant-paid utilities, finished lower levels, private outdoor spaces, and excellent rental income potential

Location

State IA

County Polk

Area Ankeny

Zoning R2

Rooms

Basement Egress Windows, Finished, Partial, Unfinished

Interior

Heating Forced Air, Gas

Cooling Central Air

Furnishings Unfurnished

Fireplace No

Exterior

Parking Features Detached, Garage, Two Car Garage

Garage Spaces 2.0

Garage Description 2.0

Utilities Available Electricity Available, Natural Gas Available, Water Available

Private Pool No

Building

Entry Level Two

Foundation Poured

Level or Stories Two

Schools

School District Ankeny

Others

Tax ID 18100422090030

Monthly Total Fees $430

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by RE/MAX Concepts

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(515) 451-4549

rich@americanreco.com

2815 Beaver Ave, Des Moines, IA 50310, USA

717 and 719 NE 6th Street Ankeny, IA 50021