Map of Property

Village on State Apartments

For Sale

218 NW State St, Ankeny, IA 50023

This Ankeny property for sale is located at 218 NW State St. The current listed sale price for Village on State Apartments is $2,500,000. Village on State Apartments is situated on a lot that is 0.33 acre in size.

Contacts

Ray Hamilton

CBRE

Clark Matthews

CBRE

Property Details

  • Property Type Multi-Family
  • Property Size 25,600 SF
  • Units 32
  • Lot Size 0.33 Acre
  • Year Built 1972
  • Date Updated May 14, 2026

All 2BR/1BA CBRE is pleased to offer the opportunity to acquire Village on State Apartments, a well-maintained 32-unit multifamily community located in the thriving city of Ankeny, Iowa. As the largest suburb of Des Moines, Ankeny boasts a population of over 76,000 and has experienced rapid growth—more than doubling since 2000—making it one of the fastest-growing cities in the nation. Village on State Apartments consists of four buildings built in 1971-1972 and features all 2-bedroom, 1-bath floor plans.

Avg. In Place Rents: $827

Number of Buildings: 4

Number of Stories: 2

Parking: Surface

Laundry: 1 set of washer/dryer per building (4 sets total); contract with BDS

Heating: Boiler (1 per building)

Cooling: Sleece A/C units

Water Heater: Common (1 per building)

Appliance Package: Fridge and stove

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Getting around

  • 51/100

    Walk Score ®

  • 49/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Ankeny, IA
  • Neighborhood Frontier Village
  • Zip Code 50023
  • Market Des Moines

Points of Interest

  • Casey's #9

    0.15 miles

  • Casey's

    0.87 miles

  • Casey's General Store

    0.88 miles

  • Hy-Vee Gas

    1.07 miles

  • BP Gas

    1.11 miles

  • Kum & Go

    1.43 miles

  • QuikTrip

    1.85 miles

  • Greenlots

    5.44 miles

  • Tesla Supercharger

    5.68 miles

  • ChargePoint Charging Station

    9.95 miles

  • Staff Parking

    1.62 miles

  • FAA Parking (Locked)

    3.73 miles

  • FAA Parking

    3.74 miles

  • Neal Smith Trail Access

    5.55 miles

  • Trestle to Trestle Trail Parking

    6.63 miles

  • Lot 18

    7.82 miles

  • Lot 7

    7.91 miles

  • Lot 10

    7.99 miles

  • Lot 9

    8.00 miles

  • Lot 2

    8.29 miles

  • Residence Inn Des Moines Ankeny

    1.50 miles

  • Super 8

    2.10 miles

  • Quality Inn & Suites

    2.17 miles

  • Comfort Inn & Suites

    2.19 miles

  • Days Inn

    2.19 miles

  • Ramada Ankeny

    2.20 miles

  • Holiday Inn Express

    2.69 miles

  • Staybridge Suites

    2.71 miles

  • Sleep Inn & Suites Ankeny - Des Moines

    3.11 miles

  • La Quinta Inn & Suites

    3.15 miles

  • Hy-Vee

    1.02 miles

  • Salvation Army Thrift Store

    1.41 miles

  • The Olive Tap

    1.48 miles

  • ALDI

    1.55 miles

  • Fareway

    1.96 miles

  • TJ Maxx

    2.62 miles

  • Kohl's

    2.78 miles

  • Walmart Supercenter

    2.80 miles

  • Target

    2.84 miles

  • Bomgaars

    5.84 miles

Contact Village on State Apartments
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.