Investor Alert! Opportunity knocks in Uptown Ankeny with this updated duplex in a location renters love. Featuring two units, the main level offers 2 bedrooms and 1 bath and comes fully furnished, making it a great option for a short-term rental. The upper level includes 1 bedroom and 1 bath, and is ready to rent! Major improvements include new roof and siding (2017), plus furnace and A/C (2017 and 2018). Inside, you’ll find a long list of updates including new flooring, trim, cabinets, appliances, and more. All of this in a prime spot near Uptown Ankeny, close to shopping, dining, and local favorites. A turnkey investment with charm, updates, and income potential—don’t miss it!
For sale
Price cut: $9.9K (6/22)
$265,000
504 SW Walnut St, Ankeny, IA 50023
3beds
1,396sqft
Single Family Residence
Built in 1900
7,318 Square Feet Lot
$-- Zestimate®
$190/sqft
$-- HOA
What's special
New flooringFully furnished
- 148 days |
- 1,213 |
- 59 |
Zillow last checked:
Listing updated:
Listed by:
Colin Panzi 515-339-0018,
LPT Realty, LLC,
Abby Conley 515-865-8759,
LPT Realty, LLC
Source: DMMLS,MLS#: 733262
Originating MLS: Des Moines Area Association of REALTORS
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bedrooms: 2
Interior area
- Total structure area: 1,396
- Total interior livable area: 1,396 sqft
Property
Features
- Levels: One and One Half
- Stories: 1.5
Lot
- Size: 7,318 Square Feet
- Dimensions: 55.5 x 132
Details
- Parcel number: 18100627000000
- Zoning: R
Construction
Type & style
- Home type: SingleFamily
- Architectural style: One and One Half Story
- Property subtype: Single Family Residence
Materials
- Foundation: Block
- Roof: Asphalt,Shingle
Condition
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Ankeny
Financial & listing details
- Price per square foot: $190/sqft
- Tax assessed value: $169,700
- Annual tax amount: $2,772
- Date on market: 1/28/2026
- Cumulative days on market: 148 days
- Listing terms: Cash,Conventional,FHA
- Road surface type: Concrete
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/22/2026 | Price change | $265,000-3.6%$190/sqft |
Source: | ||
| 3/23/2026 | Price change | $274,900-5.2%$197/sqft |
Source: | ||
| 2/12/2026 | Price change | $289,900-3.3%$208/sqft |
Source: | ||
| 1/28/2026 | Listed for sale | $299,900+149.9%$215/sqft |
Source: | ||
| 11/3/2017 | Sold | $120,000+12.3%$86/sqft |
Source: Public Record Report a problem | ||
| 1/6/2008 | Listing removed | $106,900$77/sqft |
Source: Number1Expert #62204593 Report a problem | ||
| 11/14/2007 | Listed for sale | $106,900+34.5%$77/sqft |
Source: Number1Expert #62204593 Report a problem | ||
| 11/19/1998 | Sold | $79,500$57/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,672 +2% | $169,700 +10.5% |
| 2024 | $2,620 +1.3% | $153,600 |
| 2023 | $2,586 +1.1% | $153,600 +23.2% |
| 2022 | $2,558 +1.5% | $124,700 |
| 2021 | $2,520 +1.3% | $124,700 +7.6% |
| 2020 | $2,488 +6.6% | $115,900 |
| 2019 | $2,334 +0.3% | $115,900 +11.9% |
| 2018 | $2,328 | $103,600 |
| 2017 | $2,328 +5.6% | $103,600 +12.1% |
| 2016 | $2,204 | $92,400 |
| 2015 | $2,204 -0.5% | $92,400 -0.3% |
| 2014 | $2,214 | $92,700 |
| 2013 | -- | $92,700 +0.8% |
| 2012 | -- | $92,000 |
| 2011 | -- | $92,000 +3.5% |
| 2010 | -- | $88,900 |
| 2009 | -- | $88,900 +2.1% |
| 2008 | -- | $87,100 |
| 2007 | -- | $87,100 +3% |
| 2006 | -- | $84,600 |
| 2005 | -- | $84,600 +11.1% |
| 2003 | -- | $76,150 +4.5% |
| 2002 | -- | $72,890 |
| 2001 | -- | $72,890 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 50023
Nearby schools
GreatSchools rating
- 6/10Heritage ElementaryGrades: K-5Distance: 1.1 mi
- 8/10Parkview Middle SchoolGrades: 6-7Distance: 0.4 mi
- 7/10Ankeny High SchoolGrades: 10-12Distance: 0.5 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.
A local agent can set up tours, give advice and negotiate with sellers.
- Iowa
- Polk County
- Ankeny
- 50023
- 504 SW Walnut St






