1201-1203 NW Linden Street, Ankeny, IA 50023
Local realty services provided by:Better Homes and Gardens Real Estate Innovations
1201-1203 NW Linden Street,Ankeny, IA 50023
$348,400
- 4 Beds
- 2 Baths
- 1,520 sq. ft.
- Multi-family
- Active
Listed by: stephanie thomas
Office: re/max concepts
MLS#:751778
Source:IA_DMAAR
Price summary
- Price:$348,400
- Price per sq. ft.:$229.21
About this home
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!...
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Home facts
- Year built:1976
- Listing ID #:751778
- Added:1 day(s) ago
- Updated:October 24, 2026 at 06:53 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:2
- Full bathrooms:2
- Basement:Yes
- Basement Description:Egress Windows, Finished, Partial
- Living area:1,520 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Forced Air, Gas
- Central air:Yes
Structure and exterior
- Year built:1976
- Building area:1,520 sq. ft.
- Lot area:0.25 Acres
- Architectural Style:Ranch
- Construction Materials:Vinyl Siding
- Foundation Description:Block
Utilities
- Water:Water Available
Finances and disclosures
- Price:$348,400
- Price per sq. ft.:$229.21
- Tax amount:$4,545 (2026)
Parking
- Parking description:Detached, Garage, Two Car Garage
- Garage:Yes
- Garage spaces:2
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