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.
For sale
Price cut: $35K (10/29)
$925,000
2017 NW Hickory Ln, Ankeny, IA 50023
24beds
11,700sqft
Multi Family
Built in 1977
-- sqft lot
$-- Zestimate®
$79/sqft
$240/mo HOA
What's special
Private balcony or patioGenerous interior storage
- 31 days
- 552
- 50
Zillow last checked:
Listing updated:
Listed by:
Kyle Hawthorne (319)415-0505,
RE/MAX Revolution
Source: DMMLS,MLS#: 750497
Originating MLS: Des Moines Area Association of REALTORS
Originating MLS: Des Moines Area Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 24
- Bathrooms: 12
- Full bathrooms: 12
Heating
- Electric, Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Refrigerator, Stove
- Laundry: Main Level
Features
- Cable TV
- Flooring: Carpet, Tile, Vinyl
Interior area
- Total structure area: 11,700
- Total interior livable area: 11,700 sqft
Property
Features
- Levels: Three Or More
- Stories: 3
Lot
- Size: 0.64 Acres
- Dimensions: 95 x 95
Details
- Parcel number: 18100393136000
- Zoning: R-3A
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Three Story
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Foundation: Poured, Slab
- Roof: Asphalt,Shingle
Condition
- Year built: 1977
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Natural Gas Available, Water Available
Community & HOA
HOA
- Has HOA: No
- Services included: Insurance, Maintenance Grounds, Maintenance Structure, Snow Removal, Taxes, Trash
- HOA fee: $240 monthly
- Second HOA name: Kouri Property Management
- Second HOA phone: 515-369-6000
Location
- Region: Ankeny
Financial & listing details
- Price per square foot: $79/sqft
- Tax assessed value: $949,000
- Annual tax amount: $15,500
- Date on market: 10/2/2026
- Cumulative days on market: 32 days
- Listing terms: Cash,Conventional
- Tenant pays: Electricity, Gas, Water
- Electric utility on property: Yes
- Road surface type: Concrete
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 10/29/2026 | Price change | $925,000-3.6%$79/sqft |
Source:  DMMLS #750497 Report a problem | ||
| 10/27/2026 | Price change | $960,000-3%$82/sqft |
Source: DMMLS #750497 Report a problem | ||
| 10/2/2026 | Listed for sale | $990,000+106.3%$85/sqft |
Source: DMMLS #750497 Report a problem | ||
| 5/11/2026 | Listing removed | $900 |
Source: Zillow Rentals Report a problem | ||
| 4/29/2026 | Listed for rent | $900+24.1% |
Source: Zillow Rentals Report a problem | ||
| 9/24/2020 | Listing removed | $725 |
Source: Northwest Property Management, LLC Report a problem | ||
| 8/24/2020 | Listed for rent | $725 |
Source: Northwest Property Management, LLC Report a problem | ||
| 9/1/2010 | Sold | $480,000+60.3%$41/sqft |
Source: Public Record Report a problem | ||
| 4/1/1997 | Sold | $299,500$26/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $15,294 +2% | $949,000 +8% |
| 2024 | $14,988 +1.1% | $879,000 |
| 2023 | $14,822 +1.1% | $879,000 +22.9% |
| 2022 | $14,664 -4.6% | $715,000 |
| 2021 | $15,370 +1.3% | $715,000 +1.1% |
| 2020 | $15,180 +14.8% | $707,000 |
| 2019 | $13,220 +0.2% | $707,000 +20.4% |
| 2018 | $13,194 | $587,000 |
| 2017 | $13,194 +2.6% | $587,000 +8.9% |
| 2016 | $12,854 | $539,000 |
| 2015 | $12,854 +12.1% | $539,000 +12.3% |
| 2014 | $11,464 | $480,000 |
| 2013 | -- | $480,000 |
| 2012 | -- | $480,000 |
| 2011 | -- | $480,000 +4.6% |
| 2010 | -- | $459,000 -5.9% |
| 2009 | -- | $488,000 |
| 2008 | -- | $488,000 |
| 2007 | -- | $488,000 +3.9% |
| 2006 | -- | $469,500 |
| 2005 | -- | $469,500 +11% |
| 2003 | -- | $423,000 +18% |
| 2002 | -- | $358,540 |
| 2001 | -- | $358,540 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 50023
Nearby schools
Schools provided by the listing agent
- District: Ankeny
Source: DMMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
