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1201-1203 NW Linden Street, Ankeny, IA 50023

$348,400
: 4
BD
: 2
BA
: 1,520
SqFt

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List Price: $348,400
Status: ACTIVE
MLS#: 751778
Year Built: 1976
Bedrooms: 4
Bathrooms: 2
Living Area: 1,520
Lot Size: 10,980
Region: Ankeny

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Property Description

Fantastic opportunity to own a well-maintained, income-producing duplex in Ankeny! This desirable investment property offers excellent rental income potential with significant improvements already completed, including a new roof in 2020, updated HVAC systems in 2021 and 2024, and egress windows in both units. Each spacious unit features 2 bedrooms, convenient in-unit laundry, a private one-stall detached garage, and a paved driveway. Both units also offer expansive unfinished lower-level furnace/storage rooms, providing abundant additional storage space. Unit 1201 features a private patio, perfect for outdoor relaxation. Investors will appreciate the separately metered gas, electric, and water utilities, all paid directly by tenants, helping minimize owner expenses and simplify property management. Currently owner-managed, the property offers established rental income with one unit occupied and the other vacant, providing an excellent opportunity for an owner-occupant or investor to secure a new tenant. With major updates completed, separate utilities, garage parking for each unit, and attractive income potential, this Ankeny duplex is an exceptional addition to any investment portfolio! Don’t miss this fantastic opportunity!

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Additional Information

Street Name: NW Linden Street
Agent Id: 3967
Basement: Egress Windows, Finished, Partial
Foundation: Block
Garage: Yes
Zip: 50023
Region: Ankeny
Style: Ranch
City: Ankeny
Acres: 0.25
School District: Ankeny
Zoning: R2