About This Home

This 3-bedroom, 2-bathroom single family at 504 SW Walnut Street in Ankeny, IA is listed for $250,000 ($179 per sqft). Built in 1900, the home offers 1,396 sqft of living space on a 0.17 acres lot.

Key Features

  • Built in 1900
  • 0.17 acre lot
  • 2 stories

Property Details

2 stories
2 full
1900

Amenities

A/C
Listing Description

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 the property your own, the possibilities are endless. Don't miss this opportunity in the heart of Uptown Ankeny!

Monthly Cost Estimate

$1,337/mo

20% down · 6.5% · 30 years

Principal$181
Interest$1,083
Insurance$73

Estimates only. Actual payments may vary.

Location

504 SW Walnut Street

Ankeny, IA 50023

Features & Amenities

Interior Features

DiningAreaEatInKitchenWindowTreatments

Exterior Features

DeckFirePitStorage

Property Details

Flooring

Carpet

Construction

WoodSiding

Outdoor Features

Deck

Heating

Natural GasForced Air

Cooling

Window Unit(s)Central Air

Appliances

CooktopDryerDishwasherFreezerMicrowaveRefrigeratorStoveWasher

Questions & Answers

This 3-bedroom, 2-bathroom single family at 504 SW Walnut Street is listed at $250,000 ($179/sqft). The estimated monthly payment is $1,337 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1900, 0.17 acre lot, 2 stories. Interior Features: DiningArea, EatInKitchen, WindowTreatments. Exterior Features: Deck, FirePit, Storage.

This property is listed by Kaitlyn Harvey.

KH

Kaitlyn Harvey

Agent at Century 21 Signature Real Estate

Listed by Century 21 Signature Real Estate · Broker phone: (515) 224-4002 · View on Broker Site · Broker website

MLS# 748899· Source: Des Moines Area Association of REALTORS®, Inc.· 54 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.

504 SW Walnut Street, Ankeny, IA 50023

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