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    Ankeny, IA Residential Income Properties for Sale

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    Polk City, IA Des Moines, IA Elkhart, IA Bondurant, IA Altoona, IA Johnston, IA Urbandale, IA Cambridge, IA
    8 properties
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    Two-Unit Duplex with Detached Garages
    Updated: Oct 22
    Two-Unit Duplex with Detached Garages

    1201-1203 NW Linden Street, Ankeny, IA 50023

    $348,400
    1,520 sqft 0.25 AC lot
    Two residences, each with two bedrooms and in‑unit laundry
    Detached one‑stall garage and paved driveway for each unit
    Roof replaced in 2020; HVAC updated in 2021 and 2024
    Separate gas, electric, and water meters; tenants pay utilities directly
    Egress windows in both units; unfinished lower‑level furnace and storage areas
    View details
    Side-by-Side Duplex
    Updated: Oct 22
    Side-by-Side Duplex

    1309-1311 SE Wanda Drive, Ankeny, IA 50021

    $364,000
    2,146 sqft 0.24 AC lot
    Two‑story duplex with 2,146 square feet on a 0.245‑acre lot
    Built in 1979; zoned R2
    Unit 1309: 3 bedrooms, 1.5 bathrooms, and a partially finished lower level
    Unit 1311: 2 upper‑level bedrooms, 1.5 bathrooms, finished lower level, and private 2‑car garage
    Recent roof, window, gutter, HVAC, and egress window improvements
    View details
    Remodeled Side-by-Side Duplex
    Remodeled Side-by-Side Duplex

    622 SW Maple Street, Ankeny, IA 50023

    $309,900
    1,716 sqft 0.23 AC lot

    Occupied two-unit property with updated interiors, private utility responsibility, and public water and sewer service.

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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
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    12-Unit Apartment Building
    12-Unit Apartment Building

    2017 NW Hickory Lane, Ankeny, IA 50023

    $990,000
    11,700 sqft

    Apartments include private outdoor space, separate utility meters, and dedicated storage inside and outside each unit.

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    Duplex with Finished Lower Levels
    Duplex with Finished Lower Levels

    717 and 719 NE 6th Street, Ankeny, IA 50021

    $348,400
    2,200 sqft 0.24 AC lot

    Two side-by-side residences each include two bedrooms, private outdoor space, and an individual garage stall.

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    Side-by-Side Ranch Duplex
    Side-by-Side Ranch Duplex

    622 Sw Maple St, Ankeny, IA 50023

    $309,900
    1,716 sqft

    Both residences have been remodeled and are occupied, with tenants paying their own utilities.

    View details
    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    Side-by-Side Duplex
    Side-by-Side Duplex

    1309-1311 SE Wanda Dr, Ankeny, IA 50021

    $364,000
    2,146 sqft

    Gas, electric, and water are separately metered, with tenants paying those utility costs directly.

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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.

    View details
    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.

    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
    Duplex with Individual Garages
    Duplex with Individual Garages

    1001 Lyndale Drive, Polk City, IA 50226

    $299,000
    2,016 sqft 0.44 AC lot

    Each residence offers two bedrooms, central air, and a heat pump for heating.

    View details
    Duplex with Individual Garages
    Duplex with Individual Garages

    1001 Lyndale Dr, Polk City, IA 50226

    $299,000
    2,016 sqft

    Two-bedroom units include central air, high-efficiency heat pumps, and separate garages.

    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 in Pine Lake
    Ankeny Land in Pine Lake

    2305 NE Frisk Drive, Ankeny, IA 50021

    $94,000
    0.30 AC lot

    Residential land in a luxury, family-focused Ankeny neighborhood.

    View details
    Ankeny Land in Pine Lake
    Ankeny Land in Pine Lake

    2309 NE Frisk Drive, Ankeny, IA 50021

    $90,000
    0.22 AC lot

    Residential land in a luxury, family-focused Ankeny neighborhood.

    View details
    Ankeny Land in Pine Lake
    Ankeny Land in Pine Lake

    1711 NE 24th Street, Ankeny, IA 50021

    $114,000
    0.28 AC lot

    Residential land in a luxury, family-focused Ankeny neighborhood.

    View details
    Land in Premier Ankeny Community
    Land in Premier Ankeny Community

    1707 NE 24th Street, Ankeny, IA 50021

    $114,000
    0.29 AC lot

    Residential land in a sought-after, family-friendly Ankeny neighborhood.

    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

    Ankeny, IA Residential Income Properties Market Trends and Statistics

    Explore 72 residential income properties for sale in Ankeny, IA, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 35,630 square feet of properties for sale, with an estimated market value of $3,034,600.

    Sale prices for residential investment properties in Ankeny, IA start at $309,900, averaging $433,514, and reaching up to $990,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Multifamily properties 13
    Apartment buildings 6
    Duplexes 6

    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.

    How Realmo verifies these figures

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    Most Searched ZIP Codes in Ankeny, IA

    • 50023
    • 50021
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