121 NW State Street Ankeny, IA 50023

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 electrical panel on each side & 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.