About This Home

This 24-bedroom, 12-bathroom residential multi family at 2017 NW Hickory Lane in Ankeny, IA is listed for $960,000 ($82 per sqft). Built in 1977, the home offers 11,700 sqft of living space on a 0.64 acres lot.

Key Features

  • Built in 1977
  • 0.64 acre lot
  • 3 stories

Property Details

3 stories
12 full
1977

Amenities

A/C
Listing Description

Twelve-unit apartment building offered for sale in the heart of one of Iowa's fastest-growing markets. Spacious 850+ SF two-bedroom apartments, each with private balcony or patio and separate utility meters. Building is in great condition with a long history of stable occupancy and professional management already in place.

Each apartment offers generous interior storage, along with an additional, locking storage closet located in hallway - ideal for bikes and seasonal storage. Property is part of a coop assoc with neighboring apartment communities, pooling lawn care and snow removal services to achieve greater efficiency and cost savings.

Located directly across from Greentree Park with tennis courts, ball diamond, and bike path access. One owner in the last 16 years. Great opportunity to own a proven investment property in one of Iowa's most in-demand markets.

Monthly Cost Estimate

$5,374/mo

20% down · 6.5% · 30 years

Principal$694
Interest$4,160
Insurance$280
HOA$240

Estimates only. Actual payments may vary.

Location

2017 NW Hickory Lane

Ankeny, IA 50023

Features & Amenities

Interior Features

CableTv

Property Details

Flooring

CarpetTileVinyl

Construction

VinylSiding

Heating

Forced AirElectric (Heating)

Cooling

Central Air

Appliances

DishwasherRefrigeratorStove

Questions & Answers

This 24-bedroom, 12-bathroom residential multi family at 2017 NW Hickory Lane is listed at $960,000 ($82/sqft). The estimated monthly payment is $5,374 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $240/month.

Key features include: Built in 1977, 0.64 acre lot, 3 stories. Interior Features: CableTv.

This property is listed by Kyle Hawthorne.

KH

Kyle Hawthorne

Agent at MCN Holdings Inc

Listed by MCN Holdings Inc · Broker phone: (515) 265-7200 · View on Broker Site

MLS# 750497· Source: Des Moines Area Association of REALTORS®, Inc.· 26 days on PropertySimple

Copyright © 2026 Des Moines Area Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

2017 NW Hickory Lane, Ankeny, IA 50023

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