Fantastic investment opportunity in Ankeny! Minutes from The District at Prairie Trail and Uptown Ankeny, DMACC, walking distance to Faith Baptist College and quick I-35 access. Well-maintained property with room for continued equity add! Current rents present an opportunity for increased income and the property features coin-op laundry for extra revenue. The building has 8 private parking spots for residential tenants and additional off street parking for guests. To be sold in conjunction with 118 NW College Avenue.
Sold for $585,000
$585,000
202 NW College Ave, Ankeny, IA 50023
8beds
4,352sqft
Multi Family, Apartment
Built in 1967
-- sqft lot
$-- Zestimate®
$134/sqft
$1,370 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,370/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Emma Jordison 515-963-1040,
Century 21 Signature
Bought with:
OUTSIDE AGENT
OTHER
Source: DMMLS,MLS#: 712695
Originating MLS: Des Moines Area Association of REALTORS
Originating MLS: Des Moines Area Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 8
- Full bathrooms: 8
Heating
- Hot Water, Natural Gas
Cooling
- Window Unit(s)
Appliances
- Included: Refrigerator, Stove
- Laundry: Main Level
Features
- Window Treatments
- Flooring: Carpet, Laminate
Interior area
- Total structure area: 4,352
- Total interior livable area: 4,352 sqft
Property
Lot
- Size: 0.49 Acres
- Dimensions: 70 x 303
- Features: Rectangular Lot
Details
- Parcel number: 18100392048000
- Zoning: r-3
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Apartment
Materials
- Brick
- Foundation: Block
- Roof: Asphalt,Shingle
Condition
- Year built: 1967
Utilities & green energy
- Sewer: Public Sewer
Community & HOA
Community
- Security: Fire Alarm, Smoke Detector(s)
HOA
- Has HOA: No
Location
- Region: Ankeny
Financial & listing details
- Price per square foot: $134/sqft
- Tax assessed value: $515,000
- Annual tax amount: $8,324
- Date on market: 2/28/2025
- Cumulative days on market: 8 days
- Listing terms: Cash,Conventional
- Road surface type: Concrete
Price history
| Date | Event | Price |
|---|---|---|
| 4/15/2025 | Sold | $585,000-2.5%$134/sqft |
Source:  DMMLS #712695 Report a problem | ||
| 3/10/2025 | Pending sale | $600,000$138/sqft |
Source: DMMLS #712695 Report a problem | ||
| 2/28/2025 | Listed for sale | $600,000+147.9%$138/sqft |
Source: DMMLS #712695 Report a problem | ||
| 8/31/2012 | Sold | $242,000+47.1%$56/sqft |
Source: Public Record Report a problem | ||
| 11/5/2004 | Sold | $164,500$38/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,300 +2% | $515,000 +8% |
| 2024 | $8,134 +1.1% | $477,000 |
| 2023 | $8,044 +1.1% | $477,000 +22.9% |
| 2022 | $7,958 +15.1% | $388,000 |
| 2021 | $6,912 +1.2% | $388,000 +22% |
| 2020 | $6,828 +0.7% | $318,000 |
| 2019 | $6,778 +0.2% | $318,000 +5.6% |
| 2018 | $6,766 | $301,000 |
| 2017 | $6,766 +4.3% | $301,000 +10.7% |
| 2016 | $6,488 | $272,000 |
| 2015 | $6,488 +11.8% | $272,000 +11.9% |
| 2014 | $5,804 | $243,000 |
| 2013 | -- | $243,000 |
| 2012 | -- | $243,000 |
| 2011 | -- | $243,000 +5.7% |
| 2010 | -- | $230,000 |
| 2009 | -- | $230,000 +17.9% |
| 2008 | -- | $195,000 |
| 2007 | -- | $195,000 +1.3% |
| 2006 | -- | $192,500 |
| 2005 | -- | $192,500 +14.6% |
| 2003 | -- | $168,000 +16.8% |
| 2002 | -- | $143,820 |
| 2001 | -- | $143,820 |
Find assessor info on the county website
Neighborhood: 50023
Nearby homes
- $--1 bd1 ba500 sqft202 NW College Ave #2, Ankeny, IA 50023Off Market
- $514,000-- bd-- ba4.3k sqft206 NW College Ave, Ankeny, IA 50023Off Market
- $585,0008 bd8 ba4.3k sqft118 NW College Ave, Ankeny, IA 50023Sold
- $--1 bd1 ba520 sqft118 NW College Ave APT 6, Ankeny, IA 50023Off Market
- $--1 bd1 ba550 sqft206 NW College Ave #7, Ankeny, IA 50023Off Market
- $--1 bd1 ba550 sqft206 NW College Ave #1, Ankeny, IA 50023Off Market
- $--1 bd1 ba500 sqft206 NW College Ave #11539300, Ankeny, IA 50023Off Market
- $--1 bd1 ba500 sqft206 NW College Ave #11550276, Ankeny, IA 50023Off Market
Nearby schools
GreatSchools rating
- 6/10Northwest Elementary SchoolGrades: K-5Distance: 0.6 mi
- 8/10Prairie Ridge Middle SchoolGrades: 6-7Distance: 0.9 mi
- 8/10Ankeny Centennial High SchoolGrades: 10-12Distance: 1.2 mi
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.
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- Iowa
- Polk County
- Ankeny
- 50023
- 202 NW College Ave
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