121 NW State Street, Ankeny, IA 50023

$300,000
4
BD
2
BA
952
SqFt

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Sold Price
$300,000
List Price
$315,000
Status
CLOSED
MLS#
742783
Year Built
1971
Closing Date
Jul 22, 2026
Bedrooms
4
Bathrooms
2
Living Area
952
Lot Size
9,792
Region
Ankeny

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 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.

Additional Information

Street Name
NW State Street
Agent Id
39833
Water
Public
Basement
Finished
Foundation
Block
Garage
Yes
Roof
Asphalt, Shingle
Zip
50023
Region
Ankeny
Style
Split-Foyer
City
Ankeny
Acres
0.23
School District
Ankeny
Zoning
R-2

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of RE/MAX Precision. Selling Office: Friedrich Realty.

Data courtesy of the Des Moines Area Association of REALTORS