1201-1203 NW Linden Street, Ankeny, IA 50023

$348,400
4
BD
2
BA
1,520
SqFt

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List Price
$348,400
Status
ACTIVE
Days on Market
4
MLS#
751778
Subtype
Multi Family
Style
Ranch
Architectural Style
Ranch
Year Built
1976
Bedrooms
4
Bathrooms
2
Full Baths
2
Living Area
1,520
Lot Size
10,980
Acres
0.25
MLS Area Major
Ankeny

Property Description

Fantastic opportunity to own a well-maintained, income-producing duplex in Ankeny! This desirable investment property offers excellent rental income potential with significant improvements already completed, including a new roof in 2020, updated HVAC systems in 2021 and 2024, and egress windows in both units. Each spacious unit features 2 bedrooms, convenient in-unit laundry, a private one-stall detached garage, and a paved driveway. Both units also offer expansive unfinished lower-level furnace/storage rooms, providing abundant additional storage space. Unit 1201 features a private patio, perfect for outdoor relaxation. Investors will appreciate the separately metered gas, electric, and water utilities, all paid directly by tenants, helping minimize owner expenses and simplify property management. Currently owner-managed, the property offers established rental income with one unit occupied and the other vacant, providing an excellent opportunity for an owner-occupant or investor to secure a new tenant. With major updates completed, separate utilities, garage parking for each unit, and attractive income potential, this Ankeny duplex is an exceptional addition to any investment portfolio! Don’t miss this fantastic opportunity!

Additional Information

Taxes
$4,544
Property Description
Ranch
Zoning
R2
Heating
Forced Air, Gas
Air Conditioning
Central Air
Stories
1
Foundation
Block
Parking Features
Detached, Garage, Two Car Garage
Garage Spaces
2
School District
Ankeny

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Calculator source: Real Geeks

Listing courtesy of Stephanie Thomas with RE/MAX Concepts

Data courtesy of the Des Moines Area Association of REALTORS