$274,900

504 SW Walnut Street, Ankeny, IA 50023

3 beds |
2 baths |
1,396 sqft

Single-Family Home
Built in 1900
7,318sqft lot
—— car garage
$197/sqft
Listed 3 months ago

Property Description

Investor Alert! Opportunity knocks in Uptown Ankeny with this updated duplex in a location renters love. Featuring two units, the main level offers 2 bedrooms and 1 bath and comes fully furnished, making it a great option for a short-term rental. The upper level includes 1 bedroom and 1 bath, and is ready to rent! Major improvements include new roof and siding (2017), plus furnace and A/C (2017 and 2018). Inside, you’ll find a long list of updates including new flooring, trim, cabinets, appliances, and more. All of this in a prime spot near Uptown Ankeny, close to shopping, dining, and local favorites. A turnkey investment with charm, updates, and income potential—don’t miss it!

Listing Status:: Active
Date Added:: January 28, 2026
Data Last Updated:: May 2, 2026 at 8:17PM
Listing Office:: LPT Realty, LLC : (877) 366-2213
Listing Agent:: Colin Panzi : (515) 339-0018
MLS ID:: 733262

Style: One and One Half Story

Roofing: AsphaltShingle
General: One and One HalfBlock

Road/Access: Concrete
Originating MLS: DMAAR_DM
School District: Ankeny
County: Polk

Zoning: RS 55.5F LT 1 BLK 1 & PRT LYG E & ADJ BEG NW COR LT 1 THN N 38F E 132F S TO SE COR LT 1 NWLY TO NE COR LT 1 W TO POB THOMAS ADDITION18100627000000

Water: Public
Sewer: Public Sewer

Source: DMAAR_DM

This listing courtesy of Colin Panzi , LPT Realty, LLC

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

Ready to Start a VA Loan?

Get Started

NMLS #1907 ^†

Get Prequalified »

Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.