501 SW State Street
Ankeny, IA 50023
MLS #553448

  • 2units
  • 0.229acres
Pending Sale $242,500
Est. P&I payment: $926.19/mo
501 SW State Street, Ankeny, IA 50023
Description for 501 SW State Street, Ankeny, IA 50023
Don't miss out on owning an excellent investment property with this duplex in Ankeny! This duplex is perfectly located in the middle of Ankeny appealing to renters wanting to live any were in the Ankeny area. There is a large opportunity to increase rents by adding 1 or 2 more bedrooms in the basement. Some mechanical are new, updated kitchens, new siding and are in great condition. This is perfect for new investors due to how easy it is to manage or could be a great addition to an existing portfolio.
MLS #553448
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My Notes for MLS #553448

General Features

  • Property Type: Multi-Family
  • Style: Ranch
  • Acres: 0.229
  • Year Built: 1962

Exterior Features

  • Exterior: Vinyl Siding
  • Acres: 0.229
  • Lot SF: 13,041
  • Lot Shape: Regular
  • Driveway: Concrete
  • Foundation: Poured
  • Paved YN: 1
  • Roof: Asphalt Shingle
  • Sidewalk: Y

Interior Features

  • Square Feet Total: 1,560
  • Square Feet Bsmt: 1,560
  • Living Area Sq Ft: 1,560
  • Basement Desc: Unfinished
  • Baths Total: 2
  • Baths Full: 2
  • Kitchens Total: 2

Utilities Features

  • Air Conditioning: Central
  • Dishwashers Total: 2
  • Disposals Total: 2
  • Fridges Total: 2
  • Heat Source: Natural
  • Heat: Gas Forced Air
  • Landlord Tenant Utilities: Electric Tenant,​Gas Tenant,​Taxes Owner,​Water Tenant
  • Laundry YN: 1
  • Separate Meters: Y
  • Sewer: City
  • Stoves Total: 2
  • Water: City

Financial Features

  • Gross Operating Income: 1,850
  • Gross Taxes: 3,469
  • Net Taxes: 3,469

Community Features

  • School District: Ankeny

Misc Features

  • Parcel Number: 18100812-083-000
  • Included Items: Dishwasher,​Dryer,​Microwave,​Refrigerator,​Stove,​Washer
  • Total 2 Bedroom Units: 2
  • Total Units: 2
  • Termite: Call Listing Agent
  • Zoning: R-2


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Directions to 501 SW State Street, Ankeny, IA 50023
Exit I-35 in Ankeny at the 1st St Exit. Travel West on 1st St to SW State St. Turn Left (South) onto SW State St and then take your first left. It is a frontage road. Turn South on the frontage road and the Duplex is on the East Side of the road.
The listing information for 501 SW State Street, Ankeny, IA 50023 was graciously provided by our friends at the listing brokerage, Stanbrough Realty

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P&I Payment $926.19
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Please Note: All information in this site is deemed reliable but not guaranteed. The property information provided on EXIT Realty Lora & Co.'s websites is for personal, non-commercial use only and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Property information is gathered from third-party resources including the seller and public records. EXIT Realty Lora & Co., Onjax, LLC, its affiliates, owners, subsidiaries and subscribers disclaim any and all representations or warranties as to the accuracy or reliability of the information provided. You should verify all claims through personal inspection and/or contact with the appropriate real estate professionals.
Last Updated 02/23/2018 at 1:55pm
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