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Eight-Unit Apartment Building
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222 NW College Ave, Ankeny, IA 50023

Well-maintained eight-unit apartment complex in Ankeny, Iowa, positioned for long-term residential rental use.

Property SizeContact for details
Days on Market134

Property Features for 222 NW College Ave

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Multifamily Units 8

Building Details

Tenancy Multi
Listing Agency: Stanbrough Realty
Listed By: Andrew McCune · License #IA S64937000
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 21 at 1:43PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Stanbrough Realty

Investment Insights

Based on property information with market context.

This eight-unit apartment complex offers a straightforward multifamily setup for investors seeking a residential income property. The building is presented as a consistently occupied rental asset, with the listing emphasizing steady tenant demand and an environment that supports rent growth over time.

Located at 222 NW College Ave in Ankeny, Iowa, the property is part of the local rental market. For additional details on operations and current income performance, contact the listing agent.

Key Highlights

  • Well‑maintained eight‑unit apartment complex in Ankeny, Iowa
  • Eight‑unit property positioned for long‑term residential rental use
  • Low vacancy track record reported with strong tenant demand

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Dental Office Law Firm Restaurant Hair Salon Electrical Service Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

8
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

282
Businesses Nearby

Demographics for 50023, IA

43,603
Population
17,822
Households
2.4
Avg Household Size
34
Median Age
55%
College-Educated
99%
High-School Grad
21.0 sq mi
ZIP Area
2,076
Density / Sq Mi
$113,914
Median Household Income
$59,891
Median Earnings
$1,191
Median Rent
$327,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Well-maintained eight-unit apartment complex in Ankeny, Iowa, positioned for long-term residential rental use.
Where is this apartment building located?
The property is located at 222 NW College Ave Ankeny, IA.
What are key features of this property?
This property features: Well‑maintained eight‑unit apartment complex in Ankeny, Iowa; Eight‑unit property positioned for long‑term residential rental use; Low vacancy track record reported with strong tenant demand
(515) 334-3345 Call to check price and availability
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