1557 27th Street, Des Moines, IA 50311

Local realty services provided by:Better Homes and Gardens Real Estate Innovations
1557 27th Street,Des Moines, IA 50311
$120,000
  • 3 Beds
  • 2 Baths
  • 1,092 sq. ft.
  • Single family
  • Active
Listed by: abby hausmann-virgil, tom vasquez
Office: keller williams ankeny metro
MLS#:727935
Source:IA_DMAAR

Price summary

  • Price:$120,000
  • Price per sq. ft.:$109.89

About this home

Investment opportunity! Great location, just a block from Drake University campus. Large backyard and deck off kitchen. This income-producing 3-bedroom rental was generating $1,400 per month with potential for future rent growth. Tenant just vacated and the rental certificate is valid through December 2027—offering peace of mind for quick occupancy. The seller owns a large portfolio—ask your agent for the proforma and details on additional available properties.

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Home facts

  • Year built:1905
  • Listing ID #:727935
  • Added:37 day(s) ago
  • Updated:November 15, 2025 at 06:13 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:2
  • Full bathrooms:1
  • Half bathrooms:1
  • Living area:1,092 sq. ft.

Heating and cooling

  • Heating:Forced Air, Gas

Structure and exterior

  • Roof:Asphalt, Shingle
  • Year built:1905
  • Building area:1,092 sq. ft.
  • Lot area:0.19 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$120,000
  • Price per sq. ft.:$109.89
  • Tax amount:$1,878

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