1201-1203 NW Linden Street, Ankeny, IA 50023
1201-1203 NW Linden Street, Ankeny, IA 50023
1201-1203 NW Linden Street, Ankeny, IA 50023
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$338,400
Est. payment /mo
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4 Beds
2 Baths
1,520 SqFt
Price Dropped by $10K

1201-1203 NW Linden Street Ankeny, IA 50023

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Carrie Phelps

Carrie Phelps

+1(515) 577-0636

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,520 sqft

Price per Sqft $222

MLS Listing ID 751778

Style Ranch,Duplex

Bedrooms 4

Full Baths 2

HOA Y/N No

Year Built 1976

Annual Tax Amount $4,544

Tax Year 2026

Lot Size 0.252 Acres

Acres 0.252

Property Sub-Type Duplex

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!

Location

State IA

County Polk

Area Ankeny

Zoning R2

Rooms

Basement Egress Windows, Finished, Partial

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

Dwelling Type Duplex

Foundation Block

Schools

School District Ankeny

Others

Tax ID 18100228388000

Monthly Total Fees $378

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

©2026 Des Moines Area Association of REALTORS®. All rights reserved.
Listed by RE/MAX Concepts

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Carrie Phelps

Carrie Phelps

Agent License ID: S67987000

+1(515) 577-0636

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1201-1203 NW Linden Street