Ankeny, IA
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    Ankeny, IA Multifamily Properties for Sale

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    Polk City, IA Des Moines, IA Elkhart, IA
    8 results
    32-Unit Multifamily Community in Ankeny, Iowa
    $2,500,000
    25,600 SF

    32-Unit Multifamily Community in Ankeny, Iowa

    218 Northwest State Street, Ankeny, IA 50023

    Well-maintained 32-unit apartment complex in Ankeny, Iowa.

    • Located in Ankeny, Iowa, a rapidly growing suburb of Des Moines.
    • Well‑maintained 32‑unit multifamily community.
    • All units are 2‑bedroom, 1‑bath floor plans.
    • Convenient access to Ankeny Centennial High School, Prairie Ridge Sports Complex, John Deere Des Moines Works, and various retail, dining, and recreational amenities.
    • Four buildings with a total rentable area of 25,600 SF.
    Updated: Mar 25
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    Trilein Village Apartments For Sale
    Contact for pricing

    Trilein Village Apartments For Sale

    317 Northeast Trilein Drive, Ankeny, IA 50021

    54-unit apartment community in Ankeny, Iowa.

    • Located in Ankeny, Iowa, a rapidly growing suburb of Des Moines.
    • Ankeny Community School District is highly ranked (#1 in Des Moines Area, #4 in Iowa).
    • 29 of 54 units have already been renovated.
    • Value‑add potential through renovation of remaining 25 units ($35,000 potential).
    • Immediate access to I‑35 and Ankeny Boulevard for easy commutes.
    Updated: Mar 25
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    Spacious Condo with Modern Updates
    $172,000
    1,214 SF

    Spacious Condo with Modern Updates

    Updated ground floor condo with three bedrooms and detached garage.

    1107 NE 5th Lane #5, Ankeny, IA 50021
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    Ankeny 55+ Community Condo
    $117,500
    750 SF

    Ankeny 55+ Community Condo

    Well-maintained 1 bed, 1 bath condo in vibrant community.

    409 SE Delaware Avenue #207, Ankeny, IA 50021
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    New Ankeny Townhome with Garage
    $234,990
    0.03 Acres

    New Ankeny Townhome with Garage

    Spacious 3-bedroom townhome with modern amenities and convenient location.

    1367 NE 59th Lane, Ankeny, IA 50021
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    New Ankeny Townhome Under Construction
    $229,990
    0.03 Acres

    New Ankeny Townhome Under Construction

    Three-bedroom, 2.5-bath townhome with a 2-car garage in Ankeny, Iowa.

    1355 NE 59th Lane, Ankeny, IA 50021
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    Mixed-Use Development For Sale
    $3,417,227
    12,486 SF

    Mixed-Use Development For Sale

    20,400 SF mixed-use property with retail, office, and apartments.

    7040 NE 14th St, Ankeny, IA
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    Retail, Multifamily, Office, Mixed Use
    $3,417,227
    6,358 SF

    Retail, Multifamily, Office, Mixed Use

    Mixed-use properties · 6,358 SF

    7040 NE 14th St, Ankeny, IA 50023
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    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 8 Active listings in Ankeny, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 64 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Updated Duplex in Peaceful Urbandale
    $340,000
    962 SF

    Updated Duplex in Peaceful Urbandale

    Updated duplex with garages, fenced yard, and modern amenities.

    6004 - 6006 Townsend Avenue, Urbandale, IA 50322
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    Income-Producing Multifamily Property in Des Moines
    $279,900
    3,306 SF

    Income-Producing Multifamily Property in Des Moines

    Seven-unit multifamily property with immediate cash flow and future upside.

    3419 1st Street, Des Moines, IA 50313
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    Des Moines Apartment Community
    $2,850,000
    27,360 SF

    Des Moines Apartment Community

    45-unit apartment community with renovated units in Des Moines, Iowa.

    2519 Clarkson Ave, Des Moines, IA 50310
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    New Townhome in Mallard Prairie
    $236,990
    0.04 Acres

    New Townhome in Mallard Prairie

    Spacious 3-bedroom townhome with modern smart home technology.

    4752 171st Street, Urbandale, IA 50323
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Des Moines Development Land Available
    $1,013,600
    28.96 Acres

    Des Moines Development Land Available

    29 acres of development land near Fleur Dr and SW 9th.

    01 County Line Road, Des Moines, IA 50320
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    Improved Residential Lot Ready-to-Go
    Contact for pricing

    Improved Residential Lot Ready-to-Go

    Affordable, improved corner lot in Davis City, Iowa.

    SE Corner W High Street, Davis City, IA 50065
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    Lake Thunderhead Camper Lot
    $127,900
    0.34 Acres

    Lake Thunderhead Camper Lot

    Camper lot at Lake Thunderhead, steps from water and amenities.

    24114 Arrow Wood Court, Unionville, MO 63565
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    Bethany Land Ready For Development
    $300,000
    10.00 Acres

    Bethany Land Ready For Development

    10-acre commercial property with development potential near I-35.

    0 N 41st St, Bethany, MO 64424
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    Off-Market Properties in Ankeny, IA

    Consider similar Off-Market properties in Ankeny, IA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    719 3rd St
    APARTMENT HOUSE (5+ UNITS)
    32,514 SF Lot: 0.97 Acres
    Value Estimation by Request

    719 3rd St, Ankeny, IA 50023-2692

    View details
    1114 Belmont Dr
    APARTMENT HOUSE (5+ UNITS)
    10,848 SF Lot: 0.54 Acres
    Estimated value
    $1,320,000

    1114 Belmont Dr, Ankeny, IA 50021-3581

    View details
    114 State St
    APARTMENT HOUSE (5+ UNITS)
    8,704 SF Lot: 0.71 Acres
    Estimated value
    $2,265,000

    114 State St, Ankeny, IA 50023-2372

    View details
    117 College Ave
    APARTMENT HOUSE (5+ UNITS)
    5,600 SF Lot: 0.49 Acres
    Estimated value
    $1,040,000

    117 College Ave, Ankeny, IA 50023-2129

    View details
    1102 Belmont Dr
    APARTMENT HOUSE (5+ UNITS)
    7,488 SF Lot: 1.01 Acres
    Estimated value
    $965,000

    1102 Belmont Dr, Ankeny, IA 50021-3579

    View details
    1602 Pne Rd
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,372 SF Lot: 0.67 Acres
    Estimated value
    $2,585,000

    1602 Pne Rd, Ankeny, IA 50023-1251

    View details
    1002 Belmont Dr
    APARTMENT HOUSE (5+ UNITS)
    20,883 SF Lot: 2.43 Acres
    Estimated value
    $2,985,000

    1002 Belmont Dr, Ankeny, IA 50021-3570

    View details
    202 College Ave
    APARTMENT HOUSE (5+ UNITS)
    4,352 SF Lot: 0.49 Acres
    Estimated value
    $765,000

    202 College Ave, Ankeny, IA 50023-2136

    View details
    213 College Ave
    APARTMENT HOUSE (5+ UNITS)
    4,352 SF Lot: 0.49 Acres
    Value Estimation by Request

    213 College Ave, Ankeny, IA 50023-2133

    View details
    210 State St
    APARTMENT HOUSE (5+ UNITS)
    4,608 SF Lot: 1.31 Acres
    Value Estimation by Request

    210 State St, Ankeny, IA 50023-2538

    View details
    2022 Hickory Ln
    APARTMENT HOUSE (5+ UNITS)
    6,784 SF Lot: 0.18 Acres
    Estimated value
    $505,000

    2022 Hickory Ln, Ankeny, IA 50023-1225

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    1713 Pne Rd
    APARTMENT HOUSE (5+ UNITS)
    45,504 SF Lot: 3.17 Acres
    Estimated value
    $3,745,000

    1713 Pne Rd, Ankeny, IA 50023-1241

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    2101 1st St
    APARTMENT HOUSE (5+ UNITS)
    8,640 SF Lot: 2.10 Acres
    Estimated value
    $845,000

    2101 1st St, Ankeny, IA 50023-2461

    View details
    201 Linden St
    APARTMENT HOUSE (5+ UNITS)
    5,120 SF Lot: 1.97 Acres
    Estimated value
    $1,955,000

    201 Linden St, Ankeny, IA 50023-2476

    View details
    214 Chapel Dr
    APARTMENT HOUSE (5+ UNITS)
    10,240 SF Lot: 0.88 Acres
    Estimated value
    $995,000

    214 Chapel Dr, Ankeny, IA 50023-2259

    View details
    301 Delaware Ave
    APARTMENT HOUSE (5+ UNITS)
    16,176 SF Lot: 8.24 Acres
    Estimated value
    $9,750,000

    301 Delaware Ave, Ankeny, IA 50021-6644

    View details

    Ankeny, IA Multifamily Properties Investment Opportunities Market Analysis

    Explore 72 multifamily properties for sale in Ankeny, IA, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 46,408 square feet of properties for sale, with an estimated market value of $9,623,954.

    Sale prices for multifamily properties in Ankeny, IA start at $117,500, averaging $1,924,790, and reaching up to $3,417,227 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Apartment buildings 8

    Property Size Breakdown

    The majority of commercial real estate listings in Ankeny fall within the 100,000+ square foot range.

    Demographics Overview

    Population 75K
    Population Growth (5Y) +16.3%
    Median Household Income $107,944
    College Educated 69.6%

    High-Yield Neighborhoods for Investment

    Identify Ankeny submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    50021 $188.6K
    50023 $3M

    Taxes & Financing

    Tax Rate (average for all types) 2.32%
    Property Tax per SF $23.64 per sq ft
    Tax Rate vs County Average 0.13 pp below county avg
    Average Loan-to-Value 65.0%

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