118 NW College Avenue, Ankeny, IA

Multi-family for Sale - $625,000 - 4,352 Sq. Ft.


Agent Info

Emma Jordison
CENTURY 21 Signature Real Estate

Property Info

CIMLS#1172609
Location
  118 NW College Avenue
  Ankeny IA 50023
UpdatedMarch 8th, 2025
TypeMulti-family
Price$625,000
Building4,352 Sq. Ft.

Property Description

Fantastic investment opportunity in Ankeny! Minutes from The District at Prairie Trail and Uptown Ankeny, DMACC, walking distance to Faith Baptist College and quick I-35 access. 7 of the 8 units have been remodeled for a feasible transition of ownership, yet still offers potential for continued equity add! Current rents present an opportunity for increased income and the property features coin-op laundry for extra revenue. Building offers 8 private parking spots for residential tenants and additional off street parking for guests. To be sold in conjunction with 202 NW College Avenue.


Financials


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