121 NW State Street, Ankeny, IA 50023
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121 NW State Street, Ankeny, IA 50023
121 NW State Street, Ankeny, IA 50023
121 NW State Street, Ankeny, IA 50023
121 NW State Street, Ankeny, IA 50023
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$ 315,000
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121 NW State Street Ankeny, IA 50023

4 Beds

2 Baths

952 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 952 sqft

Price per Sqft $330

MLS Listing ID 742783

Style Split-Foyer

Bedrooms 4

Full Baths 2

HOA Y/N No

Year Built 1971

Annual Tax Amount $3,917

Lot Size 9,801 Sqft

Acres 0.225

Property Description

Investment Opportunity in the Heart of Ankeny! This well-maintained duplex offers the ideal blend of immediate income potential & long-term appreciation. Located near Prairie Trail, Ankeny Uptown, Ankeny Blvd shopping & dining, plus nearby bike trails, parks, schools, aquatic centers & ball fields, this property is perfectly positioned for tenant appeal.

Major updates include a new roof (2025), new electrical panels on both sides, & 1 new water heater. Both units feature updated white trim & fresh neutral paint throughout, creating a clean, modern feel. Unit 121 boasts an updated kitchen, while both units offer spacious layouts designed for comfortable living.

Each unit features a walk-up basement with access to its own private patio space, along with dedicated private storage areas rarely found in duplex properties. The shared laundry/mechanical room is thoughtfully configured so each unit has its own washer & dryer, adding convenience without sacrificing efficiency.

Surrounded by mature trees in an established neighborhood, this property offers flexibility for investors & owner-occupants alike. One tenant is currently month-to-month, allowing you to set the rules—adjust rents, select your own tenant, owner-occupy one side, or implement your preferred management strategy. Turnkey opportunities with this combination of updates, location & flexibility are hard to find. All info from sellers and public information.

Location

State IA

County Polk

Area Ankeny

Zoning R-2

Rooms

Basement Finished

Interior

Interior Features Window Treatments

Heating Forced Air, Gas

Cooling Central Air

Flooring Carpet, Laminate

Furnishings Unfurnished

Fireplace No

Appliance Dryer, Microwave, Refrigerator, Washer

Exterior

Parking Features Detached, Garage, Two Car Garage

Garage Spaces 2.0

Garage Description 2.0

Roof Type Asphalt,Shingle

Private Pool No

Building

Lot Description Rectangular Lot

Entry Level Multi/Split

Foundation Block

Water Public

Level or Stories Multi/Split

Schools

School District Ankeny

Others

Tax ID 18100392166001

Monthly Total Fees $326

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional


Listed by RE/MAX Precision
Stacie Holst
Stacie Holst

Broker Associate | License ID: B66151000

+1(515) 720-0825 | stacieholst@gmail.com

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121 NW State Street