Residential Income

Ankeny, IA Residential Income Properties for Sale

Notify Me
List
Map
Polk City, IA Des Moines, IA Elkhart, IA Altoona, IA Johnston, IA Bondurant, IA Cambridge, IA Granger, IA
Renovated Duplex with Basements
Updated: Aug 13
Renovated Duplex with Basements

102 NW Sharmin Drive, Ankeny, IA 50023

$315,000
2,080 sqft 0.22 AC lot
2,080‑square‑foot up‑and‑down duplex with two 2‑bedroom, 1‑bath units
0.22‑acre lot at 102 NW Sharmin Drive, Ankeny, IA 50023
Both residences include private basements, in‑unit laundry, and storage
Separate gas, water, and electric meters serve the units
Roof replaced in 2021; property built in 1968
View details
32-Unit Multifamily Community in Ankeny, Iowa
Updated: Mar 25
32-Unit Multifamily Community in Ankeny, Iowa

218 Northwest State Street, Ankeny, IA 50023

$2,395,000
25,600 sqft
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.
View details
Renovated Duplex With Private Basements
Renovated Duplex With Private Basements

102 NW Sharmin Dr, Ankeny, IA 50023

$315,000
2,080 sqft

Updated interiors, private basement areas, and separate utility metering support practical unit-level management.

View details
See what stands out in Polk County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

Cap Rate available after sign in
NOI available after sign in
Local Demand available after sign in
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.

View details
Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 4 Active listings in Ankeny, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 68 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.

Duplex with Individual Garages
Duplex with Individual Garages

309 Tyler Street, Polk City, IA 50226

$299,900
1,848 sqft 0.39 AC lot

Occupied two-unit property with two-bedroom layouts, private garages, and separately paid utilities.

View details
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.

View details
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.

View details
Two-Bedroom Duplex with Garages
Two-Bedroom Duplex with Garages

309 Tyler St, Polk City, IA 50226

$299,900
964 sqft

Two-unit residential income property with separate garages and tenant-paid utilities, water, and trash service.

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.

Ankeny Land Near Saylorville Lake
Ankeny Land Near Saylorville Lake

9039 NW 30th Court, Ankeny, IA 50023

$109,900
0.39 AC lot

Spacious lot near Saylorville Lake for custom home construction.

View details
Ankeny Acreage for Custom Home
Ankeny Acreage for Custom Home

1260 NE 72nd Avenue, Ankeny, IA 50023

$299,000
1.94 AC lot

1.94-acre lot in Ankeny, ideal for building a custom home.

View details
Land in Camden Country Estates
Land in Camden Country Estates

8435 NW 33rd Court, Ankeny, IA 50023

$89,900
0.53 AC lot

Residential land for sale in Ankeny, near Saylorville Lake.

View details
Land For Sale, Ankeny, Iowa
Land For Sale, Ankeny, Iowa

8022 NW 28th Lane, Ankeny, IA 50023

$250,000
0.53 AC lot

Land available for sale in Ankeny, Iowa.

View details

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

Ankeny, IA Residential Income Properties Market Trends and Statistics

Explore 72 residential income properties for sale in Ankeny, IA, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 42,246 square feet of properties for sale, with an estimated market value of $3,025,000.

Sale prices for residential income properties in Ankeny, IA start at $315,000, averaging $1,008,333, and reaching up to $2,395,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

List
Map

Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Multifamily properties 9
Apartment buildings 6
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 $855K
50021 $1.7M

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 pricing trends across core commercial property types 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.

Need Help?

Reach out if you need assistance with Realmo tools or have questions about your listings