504 SW Walnut Street, Ankeny, IA 50023

• 3 beds |
• 2 baths |
• 1,396 sqft

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:

March 3, 2026 at 4:19PM

Listing Office:

LPT Realty, LLC : (877) 366-2213

Listing Agent:

Colin Panzi : (515) 339-0018

MLS ID:

733262

Exterior

• Style: One and One Half Story

Construction

• Roofing: AsphaltShingle
• General: One and One HalfBlock

Location

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

Lot

• 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

Utilities

• Water: Public
• Sewer: Public Sewer

Financial

• Source: DMAAR_DM