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Rich Montanaro

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

$ 364,000

Est. payment | -/mo

4 Beds

2 Baths

2,146 SqFt

Save

$ 364,000

Est. payment | -/mo

Save

4 Beds

2 Baths

2,146 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,146 sqft

Price per Sqft $169

MLS Listing ID 751787

Style Two Story

Bedrooms 4

Full Baths 2

HOA Y/N No

Year Built 1979

Annual Tax Amount $4,407

Tax Year 2026

Lot Size 10,672 Sqft

Acres 0.245

Property Description

Exceptional Investment Opportunity | Prime Ankeny Location! Fantastic opportunity to own a well-maintained, income-producing side-by-side, two-story duplex in a desirable Ankeny location with convenient access to Ankeny schools! This exceptional investment property offers the perfect combination of established rental income, significant recent improvements, and spacious, functional living accommodations. Unit 1309 features 3 bedrooms, 1.5 bathrooms, and a partially finished lower level, providing additional versatile living space. Unit 1311 has been completely remodeled and offers 2 spacious upper-level bedrooms, 1.5 bathrooms, a finished lower level, and a private 2-car garage. Both units feature lower-level laundry, additional storage in the furnace rooms, and egress windows in the basements. Additional amenities include a deck and partial fencing. Major improvements have already been completed, including a new roof, windows, gutters, 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, reducing owner maintenance responsibilities. With established long-term tenants already in place, this desirable duplex offers an attractive opportunity for investors seeking an income-producing property with major updates completed.

Location

State IA

County Polk

Area Ankeny

Zoning R2

Rooms

Basement Egress Windows, Finished, 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 Block

Level or Stories Two

Schools

School District Ankeny

Others

Tax ID 18100809102000

Monthly Total Fees $367

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

1309-1311 SE Wanda Drive Ankeny, IA 50021