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4 Beds
2 Baths
2,146 sqft

$364,000

1309-1311 SE Wanda Drive, Ankeny IA, 50021

Price per sqft$169.62
Built in1979
Property size2,146 sqft
Property typeMulti-family

Overview

Active

Listed Oct 23, 2026

Updated 9 min ago

Exceptional Investment Opportunity | Prime Ankeny Location! Fantastic opportunity to own a well-maintained, income-producing side-by-side, two-story duplex in a desirable Ankeny location with convenient access to Ankeny schools! This exceptional investment property offers the perfect combination of established rental income, significant recent improvements, and spacious, functional living accommodations. Unit 1309 features 3 bedrooms, 1.5 bathrooms, and a partially finished lower level, providing additional versatile living space. Unit 1311 has been completely remodeled and offers 2 spacious upper-level bedrooms, 1.5 bathrooms, a finished lower level, and a private 2-car garage. Both units feature lower-level laundry, additional storage in the furnace rooms, and egress windows in the basements. Additional amenities include a deck and partial fencing. Major improvements have already been completed, including a new roof, windows, gutters, HVAC systems, and egress windows, offering added value and peace of mind. Investors will appreciate the separately metered gas, electric, and water utilities, all paid directly by tenants, helping minimize operating expenses. Tenants also handle lawn care and snow removal, reducing owner maintenance responsibilities. With established long-term tenants already in place, this desirable duplex offers an attractive opportunity for investors seeking an income-producing property with major updates completed.

$2,422/mo

Est. mortgage payment based on a $364,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
751787

Interior Features

Bedrooms
4
Bathrooms
2
Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.25 Acres

Other Property Details

Taxes
$4,408
Tax Frequency
Annually
Garage
Yes

 

Courtesy of RE/MAX Concepts, Stephanie Thomas,
Listing Contact: (515) 771-7788 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Dan Rozga shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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