217 NW College Avenue Ankeny, IA ^$ 640,000

217 NW College Avenue

^$ 640,000

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217 NW College Avenue

Ankeny, IA, 50023

^$ 640,000

Bedrooms16 Baths8.0 Sq 5,120

Monthly Estimate*

^$ 3,941

Multi-Family Home for sale in Ankeny, IA

for $640,000 with 16 bedrooms and 8 full baths. This 5,120 square foot home was built in 1966 on a lot size of 0.556.

8 two bedroom units in the heart Ankeny. All brick building with deep lot - large enough to build additional units or garages. One owner for the last 15 years. Great opportunity to own a stable, long term investment property in one of the fastest growing cities in Iowa.

Multi-Family Active

Price

^$ 640,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 9,134

Style

Lot Size

0.556

Year Built

1966

Town/City

Ankeny

County/Region

Polk

MLS | Web ID

741035

List By

Kyle Hawthorne

Listing Agent

Re/Max Revolution

Broker

kyle@kylehawthorne.com

Affordability Calculator

$4,702

Per Month

Monthly Principal & Interest: $3,941
Monthly Property Taxes: $761
Monthly Home Insurance: --

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Loan Term

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Ankeny, IA

Average List Price ^$477,450

Percent of Sale Price 25%

About Ankeny, IA

64,555 Population

114% Since 2002

^$77,475 Median Income

35.8 Median Age

37% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1415547 Elementary School

1415483 Middle School

Unknown High School High School

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Pricing History

Date	Price	Price Change	Description
5/19/2026	$640,000		Listed Price

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217 NW College Avenue, Ankeny, IA, 50023 is a Multi-Family Home for sale at $640,000 with 5,120 sqft and a lot size of 0.556. 217 NW College Avenue has 16 bedrooms, 8.0 baths, and was built in 1966. The property's zip code is 50023 which is in Ankeny, IA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data courtesy of the Internet Data Exchange (IDX) Program of the Des Moines Area Multiple Listing Service.

Data is updated as of 5/20/2026.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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217 NW College Avenue

Multi-Family Home for sale in Ankeny, IA

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