1201-1203 NW Linden Street

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Address: 1201 NW Linden St, Ankeny, IA 50023, USA
Chicago & Midwest + 2-4 Units
Created date: October 22, 2026
Date last updated: October 28, 2026
Price: $348,400Investment Analyzer NEW!

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!

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: 2-4 Units
Price: $348,400
No. of Units: 2
Year Built: 1976
Lot Size: 1,520.00 Sq ft
Opportunity Zone: No
Price per unit: $174,200
Property Website Click Here
Number of Bedrooms: 4
Number of Bathrooms: 2
Address: 1201-1203 NW Linden Street, Ankeny, IA 50023, USA
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