504 SW Walnut Street
Ankeny, IA 50023
3
Bed
2
Bath
1,396Sqft
0.17Acre(Lot)
Investor alert! Prime Uptown Ankeny location with excellent flexibility and income potential. This unique two-unit property offers multiple possibilities for investors, owner-occupants, or those looking for additional rental income. The main level features 2 bedrooms and 1 full bath and is fully furnished, providing an opportunity for a short-term rental, long-term rental, or owner-occupied residence. The second-level studio offers a full kitchen, full bath, and separate access, making it ideal for a long-term tenant, short-term rental, guest suite, or additional living space. Enjoy a highly desirable location within easy reach of restaurants, coffee shops, shopping, entertainment, and bike trails. Whether you choose to live in one unit and rent the other, utilize both as rentals, or make
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 3Bathroom Information
Total Baths: 2 Full Baths: 2Room Information
Has Basement: Yes Basement: Unfinished -
Flooring Information
Carpet -
Roofing Information
Asphalt, Shingle -
Interior Features
Eat-in Kitchen Roof: Asphalt, Shingle Appliances: Cooktop, Dryer, Dishwasher, Freezer, Microwave, Refrigerator, Washer Laundry Features: Main Level -
Heating & Cooling
Has Heating: Yes Heating: Natural Gas, Forced Air Has Cooling: Yes Cooling: Central Air, Window Unit(s)
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Building Information
Year Built: 1900 Building Area Total: 1396 Construction Materials: Wood Siding Patio And Porch Features: Deck Private Pool: No -
Exterior Features
Exterior Features: Fire Pit, Storage
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Lot Information
Main Square Feet: 0.168 Acres Lot Size Acres: 0.168
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Listing Price Information
Listing Price: $250000 Cash, Conventional, FHA
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Tax Information
Parcel Number: 18100627000000 Annual Tax: $2772.39 Tax Legal Desc: S 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 ADDITION
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Location Information
Direction: In old town Ankeny - From First Street, turn South on SW Walnut St WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 2713 NW Fairfield Drive, Ankeny, IA, 50023 | $404,000 | 3 | 2 | 1,505 | 0.25 Acre |
| 2912 NW Fairfield Court, Ankeny, IA, 50023 | $699,900 | 4 | 3 | 1,838 | 0.32 Acre |
| 2814 NW Fairfield Court, Ankeny, IA, 50023 | $517,990 | 3 | 2 | 1,800 | 0.23 Acre |
| 8070 NW 28th Lane, Ankeny, IA, 50023 | $1,100,000 | 4 | 4 | 2,050 | 0.86 Acre |
| 2904 NW Fairfield Court, Ankeny, IA, 50023 | $521,990 | 4 | 3 | 2,225 | 0.24 Acre |
| 2908 NW Fairfield Court, Ankeny, IA, 50023 | $515,990 | 3 | 2 | 1,796 | 0.29 Acre |
| 1505 NW 32nd Street, Ankeny, IA, 50023 | $395,000 | 4 | 3 | 1,400 | 0.23 Acre |
| 2907 NW 27th Court, Ankeny, IA, 50023 | $492,900 | 4 | 3 | 2,163 | 0.26 Acre |
| 2719 NW 27th Street, Ankeny, IA, 50023 | $524,900 | 5 | 4 | 2,628 | -- |
| 2711 NW 27th Street, Ankeny, IA, 50023 | $534,900 | 4 | 3 | 2,684 | 0.24 Acre |
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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange of the Des Moines Area Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2026 Des Moines Area Association of REALTORS®. All Rights Reserved.
ByOwner last updated this listing 09/10/2026 @ 15:07
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