Multifamily

Ankeny, IA Multifamily Properties for Sale

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Polk City, IA Des Moines, IA Elkhart, IA Altoona, IA Johnston, IA Bondurant, IA Urbandale, IA Cambridge, IA
Remodeled Side-by-Side Duplex
Updated: Sep 23
Remodeled Side-by-Side Duplex

622 SW Maple Street, Ankeny, IA 50023

$309,900
1,716 sqft 0.23 AC lot
Side‑by‑side ranch duplex with 1,716 square feet
Two bedrooms and one bathroom per unit
Both units recently remodeled and currently occupied
Tenants pay all utilities
Recent sewer line replacement, exterior paint, stoops, and concrete approaches
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Side-by-Side Ranch Duplex
Updated: Sep 23
Side-by-Side Ranch Duplex

622 Sw Maple St, Ankeny, IA 50023

$309,900
1,716 sqft
1,716‑square‑foot side‑by‑side ranch duplex
Two bedrooms and one bathroom in each unit
Both units remodeled and currently occupied
Tenants pay utilities
Fresh exterior paint, updated stoops, and newer concrete approaches
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Mixed-Use Development with Flex Buildings
Mixed-Use Development with Flex Buildings

7040 NE 14th St, Ankeny, IA 50023

Contact for pricing
12,486 sqft

A 2019-built mixed-use development with street-level retail/office, apartments above, and two flex buildings.

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See hot listings in Ankeny

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 3 Active listings in Ankeny, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 69 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

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

Duplex with Garage
Duplex with Garage

4021 6th Avenue, Des Moines, IA 50313

$195,000
1,387 sqft 0.15 AC lot

Separate entrances serve a one-bedroom main-floor residence and a two-bedroom upper residence.

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All-Brick Duplex with Garage
All-Brick Duplex with Garage

1000 Hoffman Ave, Des Moines, IA 50316

$280,000
1,404 sqft

Two-unit property with finished lower-level space and a detached garage.

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12-Unit Apartment Building
12-Unit Apartment Building

1195 Northwest Aurora Avenue, Des Moines, IA 50313

$672,043
15,844 sqft

Multifamily property with consistent two-bedroom, one-bath unit layouts.

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Up-Down Duplex with Detached Garage
Up-Down Duplex with Detached Garage

4004 Cornell St, Des Moines, IA 50313

$260,000
2,083 sqft

Two residential units have separate driveways and distinct private outdoor areas.

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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)

719 3rd St, Ankeny, IA 50023-2692

Estimated value:
$135,000
32,514 sqft 0.97 AC lot
View details
1114 Belmont Dr
APARTMENT HOUSE (5+ UNITS)

1114 Belmont Dr, Ankeny, IA 50021-3581

Estimated value:
$1,375,000
10,848 sqft 0.54 AC lot
View details
114 State St
APARTMENT HOUSE (5+ UNITS)

114 State St, Ankeny, IA 50023-2372

Estimated value:
$2,150,000
8,704 sqft 0.71 AC lot
View details
117 College Ave
APARTMENT HOUSE (5+ UNITS)

117 College Ave, Ankeny, IA 50023-2129

Estimated value:
$1,000,000
5,600 sqft 0.49 AC lot
View details
1102 Belmont Dr
APARTMENT HOUSE (5+ UNITS)

1102 Belmont Dr, Ankeny, IA 50021-3579

Estimated value:
$865,000
7,488 sqft 1.01 AC lot
View details
1602 Pne Rd
APARTMENT HOUSE (UNDER 5 UNITS)

1602 Pne Rd, Ankeny, IA 50023-1251

Estimated value:
$2,220,000
3,372 sqft 0.67 AC lot
View details
1002 Belmont Dr
APARTMENT HOUSE (5+ UNITS)

1002 Belmont Dr, Ankeny, IA 50021-3570

Estimated value:
$2,800,000
20,883 sqft 2.43 AC lot
View details
202 College Ave
APARTMENT HOUSE (5+ UNITS)

202 College Ave, Ankeny, IA 50023-2136

Estimated value:
$770,000
4,352 sqft 0.49 AC lot
View details
213 College Ave
APARTMENT HOUSE (5+ UNITS)

213 College Ave, Ankeny, IA 50023-2133

Estimated value:
$345,000
4,352 sqft 0.49 AC lot
View details
210 State St
APARTMENT HOUSE (5+ UNITS)

210 State St, Ankeny, IA 50023-2538

Estimated value:
$455,000
4,608 sqft 1.31 AC lot
View details
2022 Hickory Ln
APARTMENT HOUSE (5+ UNITS)

2022 Hickory Ln, Ankeny, IA 50023-1225

Estimated value:
$485,000
6,784 sqft 0.18 AC lot
View details
1713 Pne Rd
APARTMENT HOUSE (5+ UNITS)

1713 Pne Rd, Ankeny, IA 50023-1241

Estimated value:
$3,600,000
45,504 sqft 3.17 AC lot
View details
2101 1st St
APARTMENT HOUSE (5+ UNITS)

2101 1st St, Ankeny, IA 50023-2461

Estimated value:
$845,000
8,640 sqft 2.10 AC lot
View details
201 Linden St
APARTMENT HOUSE (5+ UNITS)

201 Linden St, Ankeny, IA 50023-2476

Estimated value:
$1,920,000
5,120 sqft 1.97 AC lot
View details
214 Chapel Dr
APARTMENT HOUSE (5+ UNITS)

214 Chapel Dr, Ankeny, IA 50023-2259

Estimated value:
$960,000
10,240 sqft 0.88 AC lot
View details
301 Delaware Ave
APARTMENT HOUSE (5+ UNITS)

301 Delaware Ave, Ankeny, IA 50021-6644

Estimated value:
$11,900,000
16,176 sqft 8.24 AC lot
View details
105 College Ave
APARTMENT HOUSE (5+ UNITS)

105 College Ave, Ankeny, IA 50023-2124

Estimated value:
$480,000
4,352 sqft 0.49 AC lot
View details
1110 Belmont Dr
APARTMENT HOUSE (UNDER 5 UNITS)

1110 Belmont Dr, Ankeny, IA 50021-3553

Estimated value:
$315,000
2,986 sqft 0.52 AC lot
View details
1514 4th St
APARTMENT HOUSE (5+ UNITS)

1514 4th St, Ankeny, IA 50023-2250

Estimated value:
$930,000
4,554 sqft 0.70 AC lot
View details
810 1st St
APARTMENT HOUSE (5+ UNITS)

810 1st St, Ankeny, IA 50023-2643

Estimated value:
$420,000
4,488 sqft 0.43 AC lot
View details
1901 1st St
APARTMENT HOUSE (5+ UNITS)

1901 1st St, Ankeny, IA 50023-2429

Estimated value:
$510,000
4,352 sqft 0.52 AC lot
View details

Ankeny, IA Multifamily Properties Market Trends and Statistics

Explore 72 multifamily properties for sale in Ankeny, IA, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 15,918 square feet of properties for sale, with an estimated market value of $619,800.

Sale prices for multifamily properties in Ankeny, IA average $309,900 — 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

Commercial property segments ranked by active listings on the market

Apartment buildings 5
Duplexes 2

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 average listing prices of real estate assets

Neighborhood Average Price
50023 $319K

Taxes & Financing

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

Listings Trend

New vs delisted commercial listings in Polk County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale Residential Income pricing trends in Polk County

Residential Income

Property Size Breakdown

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

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