• 20 days on site
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Investment Opportunity in the Heart of Ankeny! This well-maintained duplex offers the ideal blend of immediate income potential & long-term appreciation. Located near Prairie Trail, Ankeny Uptown, Ankeny Blvd shopping & dining, plus nearby bike trails, parks, schools, aquatic centers & ball fields, this property is perfectly positioned for tenant appeal. Major updates include a new electrical panel on each side & 1 new water heater. Both units feature updated white trim & fresh neutral paint throughout, creating a clean, modern feel. Unit 121 boasts an updated kitchen, while both units offer spacious layouts designed for comfortable living. Each unit features a walk-up basement with access to its own private patio space, along with dedicated private storage areas rarely found in duplex properties. The shared laundry/mechanical room is thoughtfully configured so each unit has its own washer & dryer, adding convenience without sacrificing efficiency. Surrounded by mature trees in an established neighborhood, this property offers flexibility for investors & owner-occupants alike. One tenant is currently month-to-month, allowing you to set the rules—adjust rents, select your own tenant, owner-occupy one side, or implement your preferred management strategy. Turnkey opportunities with this combination of updates, location & flexibility are hard to find. All info from sellers and public information.

Source: Des Moines Area, MLS#: 742783

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  • Property Type
    Residential Income
  • Lot
    0.22 acres

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Mike Reagan Real Estate Team

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 121 NW State Street


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/16/2026Source: Des Moines Area Status Change
Pending
6/10/2026Source: Des Moines Area Added to Database
June 10, 2026
Listing provided courtesy of RE/MAX Precision- MLS# 742783MLS ProviderContact Information: (515) 720-0825