1011 SE 3rd St, Ankeny, IA 50021

Presenting an excellent investment opportunity in the growing Des Moines metro – this 18-unit multifamily property is located in the desirable and high-demand suburb of Ankeny, Iowa. Built in 1980, the property features a mix of one- and two-bedroom ( 1 one bedroom/ 1 bath, and 17 two bedroom/ 1 bath) units across a well-maintained three-story building, situated on a spacious lot with ample off-street parking. Located just minutes from downtown Ankeny and a short drive to Des Moines, this property sits in a strategic position for workforce housing. With Ankeny's continued population growth and economic development, this asset is well-positioned for strong long-term performance. Ideal for investors seeking a stable, cash-flowing property with upside potential in one of Iowa’s fastest-growing communities.