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Presenting an excellent investment opportunity in the growing Des Moines metro - this 18-unit multifamily property is located in the desirable and high-demand suburb of Ankeny, Iowa. Built in 1980, the property features a mix of one- and two-bedroom ( 1 one bedroom/ 1 bath, and 17 two bedroom/ 1 bath) units across a well-maintained three-story building, situated on a spacious lot with ample off-street parking. Located just minutes from downtown Ankeny and a short drive to Des Moines, this property sits in a strategic position for workforce housing. With Ankeny's continued population growth and economic development, this asset is well-positioned for strong long-term performance. Ideal for investors seeking a stable, cash-flowing property with upside potential in one of Iowa's fastest-growing communities.
| DAYS ON MARKET | 18 | LAST UPDATED | 10/2/2025 |
|---|---|---|---|
| TRACT | The Maples | YEAR BUILT | 1980 |
| COMMUNITY | OutOfArea | COUNTY | Polk |
| STATUS | Active | PROPERTY TYPE(S) | Single Family |
| PRICE HISTORY | |
| Prior to Oct 2, '25 | $1,600,000 |
|---|---|
| Oct 2, '25 - Today | $1,650,000 |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Refrigerator |
| AREA | OutOfArea |
| CONSTRUCTION | Brick, Concrete, Frame, Vinyl Siding, Wood Siding |
| EXTERIOR | Balcony |
| HEAT | Electric, Forced Air, Natural Gas |
| HOA DUES | Annually |
| INTERIOR | Entrance Foyer |
| LOT DESCRIPTION | Level |
| LOT DIMENSIONS | Irregular |
| PARKING | Off Street |
| SEWER | Public Sewer |
| STORIES | 3 |
| STYLE | ThreePlusStories |
| SUBDIVISION | The Maples |
| TAXES | 24060 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Joanne Stevens, Iowa Realty, Inc. - CR
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