NEW 26 HRS AGO

For sale

$250,000

Est. $1,674/mo —

•

1,396

sq ft

504 SW Walnut St, Ankeny, IA 50023

About this home

Investor alert! Prime Uptown Ankeny location with excellent flexibility and income potential. This unique two-unit property offers multiple possibilities for investors, owner-occupants, or those looking for additional rental income. The main level features 2 bedrooms and 1 full bath and is fully furnished, providing an opportunity for a short-term rental, long-term rental, or owner-occupied residence. The second-level studio offers a full kitchen, full bath, and separate access, making it ideal for a long-term tenant, short-term rental, guest suite, or additional living space. Enjoy a highly desirable location within easy reach of restaurants, coffee shops, shopping, entertainment, and bike trails. Whether you choose to live in one unit and rent the other, utilize both as rentals, or make the property your own, the possibilities are endless. Don't miss this opportunity in the heart of Uptown Ankeny!

Single-familyProperty Type

1900Year Built

7,318 sq ftLot Size

$179Price/Sq.Ft.

Listed by Kaitlyn Harvey • Century 21 Signature

Contact: (515) 205-4307

Listing updated: Sep 9, 2026 at 08:48am

Redfin checked: 3 minutes ago

•Source:DMMLS #748899

Payment calculator

$1,674 per month

Principal and interest$1,314

Property taxes

$231

HOA dues

Home insurance

$129

Utilities

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Mortgage resources

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Open houses

No upcoming open houses.

Nearby open houses (10)

OPEN TODAY, 4PM TO 5:30PM
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3 beds2 baths1,060 sq ft
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OPEN SAT, 11AM TO 1PM
$995,000
6 beds4.5 baths3,950 sq ft
1010 32nd St, West Des Moines, IA 50266
OPEN SAT, 1PM TO 3PM
$325,000
3 beds2 baths1,176 sq ft
7046 NW 21st St, Ankeny, IA 50023
REDFIN OPEN SUN, 12PM TO 3PM3D WALKTHROUGH
$315,000
4 beds2 baths1,530 sq ft
5613 Brook View Ave, Des Moines, IA 50317
OPEN SUN, 1PM TO 3PM
$229,900
3 beds1 bath1,293 sq ft
2704 Moyer St, Des Moines, IA 50310
OPEN SUN, 1PM TO 3PM
$282,500
3 beds2 baths1,074 sq ft
4407 67th St, Urbandale, IA 50322
OPEN SUN, 1PM TO 3PM
$549,000
5 beds3.5 baths2,219 sq ft
6725 NW 99th St, Johnston, IA 50131
OPEN SUN, 1PM TO 3PM
$275,000
3 beds1.5 baths1,620 sq ft
1660 Northwest Dr, Des Moines, IA 50310
OPEN SUN, 1PM TO 3PM3D WALKTHROUGH
$579,900
5 beds3.5 baths2,630 sq ft
12851 Walnut Ridge Dr, Clive, IA 50325
OPEN SUN, 1:30PM TO 3PM
$499,900
4 beds3 baths1,702 sq ft
4316 NE Par View Ct, Ankeny, IA 50021

Around this home

Schools

K - 12
Preschool & daycare

Heritage Elementary

Public K-5 • Assigned • 1.1mi

8/10

Parkview Middle School

Public 6-7 • Assigned • 0.4mi

9/10

Ankeny High School

Public 10-12 • Assigned • 0.5mi

7/10

Provided by GreatSchools

About Southwest

Ankeny

Southwest Ankeny, located between SW State Street and Oralabor Road, is a suburban and commuter-friendly Ankeny neighborhood with curving newer subdivisions and a retail-lined corridor. The neighborhood’s energy concentrates around the SW State Street and SW Prairie Trail Parkway area, where patios, coffee counters, and small storefronts cluster beside steady traffic. Housing trends contemporary, with tidy streetscapes, sidewalks, and pocket greens that connect to longer paths. Prairie Trail’s trail network and parks shape daily routines with long, flat routes for walking and biking. The District at Prairie Trail adds a town-center feel with local dining and community events. Weekend errands and meetups often orbit the same few blocks, keeping the pace social but orderly.

Provided by Walk Score and Local Logic

Market insights

504 SW Walnut St · $250,000

DAYS ON MARKET

The average home goes pending in 28 days.

SALE-TO-LIST

Most homes are selling 1% below list price.

LIST PRICE

Median sale price in this area is $323,937. (30% higher than this home)

PRICE DROP

27% of homes in this area have had a price drop in the past month.

Property details

Interior
Exterior
Finance

Kitchen

Bathroom

Bedroom

Living

Dining

Interior features
Dining area
Eat-in kitchen
Window treatments

Bedrooms
2 main-level bedrooms

Bathrooms
2 full bathrooms

Kitchen
Cooktop
Dishwasher
Freezer
Microwave
Refrigerator
Stove

Laundry & utility
Main-level laundry
Washer
Dryer

Flooring
Carpet

Heating & cooling
Forced air heating
Natural gas heating
Central air
Window unit(s)

Sale and tax history for 504 SW Walnut St

Sale History
Tax History

Year

Property tax

Land + Additions

Assessment*

2025

$2,672 (+2.0%)

$52,700 + $117,000

$169,700

2024

$2,620 (+1.3%)

$47,500 + $106,100

$153,600

2023

$2,586 (+1.1%)

$47,500 + $106,100

$153,600

2022

$2,558 (+1.5%)

$39,700 + $85,000

$124,700

2021

$2,520 (+1.3%)

$39,700 + $85,000

$124,700

2020

$2,488 (+6.6%)

$39,700 + $85,000

$124,700

2019

$2,334 (+0.3%)

$37,100 + $78,800

$115,900

2018

$2,328 (+5.6%)

$37,100 + $78,800

$115,900

2017

$2,204 (−2.5%)

$33,100 + $70,500

$103,600

2016

$2,260 (+6.2%)

$29,200 + $63,200

$92,400

2013

$2,128

$29,200 + $63,500

$92,700

Public record

Beds

Baths

Stories

1.5

Lot width

56 ft.

Lot depth

132 ft.

Lot size

7,326 Sq. Ft.

Year renovated

—

Finished Sq. Ft.

1,396

Unfinished Sq. Ft.

—

Total Sq. Ft.

1,396

Year built

1900

Style

Single Family Residential

County

Polk County

APN

18100627000000

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 10, 2026.

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

7 days above 104° expected this year, 15 days in 30 years

2/10 Wind Factor

Minor risk of severe winds over next 30 years

1/10 Air Factor

0 unhealthy days expected this year, 0 days in 30 years

Provided by First Street

Historical weather

Ankeny, IA • 50023

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

92/ 100

Exceptional sunlight

Sunscore

There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

9.9 hrs

5 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 504 SW Walnut St

We cannot show automated home-value estimates for this home.

Nearby homes have recently sold between $247,500 and $292,000.

Nearby comparable homes

The Redfin Estimate uses 6 recent nearby sales, priced between $248K to $292K.

SOLD JUL 31, 2026
$275,000 Last sold price
3 beds1 bath1,153 sq ft
313 SW Logan St, Ankeny, IA 50023
$60/sq ft
larger lot
41 years newer
SOLD JUL 13, 2026
$247,500 Last sold price
3 beds1 bath1,212 sq ft
321 SW Pleasant St, Ankeny, IA 50023
$25/sq ft
larger lot
SOLD JUN 10, 2026
$265,000 Last sold price
2 beds1 bath1,200 sq ft
209 SE 4th St, Ankeny, IA 50021
$42/sq ft
larger lot
58 years newer
SOLD DEC 5, 2025
$255,000 Last sold price
3 beds2 baths1,336 sq ft
1102 NW 2nd St, Ankeny, IA 50023
$12/sq ft
larger lot
59 years newer
SOLD AUG 28, 2026
1221 SW Kenworthy Dr, Ankeny, IA 50023
$290,000 Last sold price
4 beds3 baths1,092 sq ft
1221 SW Kenworthy Dr, Ankeny, IA 50023
$87/sq ft
larger lot
64 years newer
SOLD JUN 26, 2026
$292,000 Last sold price
3 beds2 baths1,092 sq ft
213 NW Scott St, Ankeny, IA 50023
$88/sq ft
larger lot
60 years newer

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New listings for sale in 50023

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NEW 26 HRS AGO

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504 SW Walnut St, Ankeny, IA 50023

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OPEN TODAY, 4PM TO 5:30PM

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3 beds2 baths1,060 sq ft

4204 SW Goodwin St, Ankeny, IA 50023

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Details provided by DMMLS and may not match the public record. Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Payment calculator

Mortgage resources

See this home in person

Nearby open houses (10)

Around this home

Schools

Market insights

Property details

Sale and tax history for 504 SW Walnut St

Public record

Climate risks

Historical weather

Sun exposure

Redfin Estimate for 504 SW Walnut St

Nearby similar homes

New listings for sale in 50023

More real estate resources