SoldSep 4, 2026

Listed by Joanne Stevens

Source: Iowa City Area Association of REALTORS® #202506048

1011 Southeast 3rd Street, Ankeny, IA, 50021

$1,500,000

1
4
16608 sq. ft.

MultiFam

30+ days on the market

Sold: Sep 4, 2026

What's around 1011 Southeast 3rd Street

About this property

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.

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