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
$122,500
- 3 Beds
- 2 Baths
- 1,092 sq. ft.
- Single family
- Active
Listed by:abby hausmann-virgil
Office:keller williams ankeny metro
MLS#:727935
Source:IA_DMAAR
Price summary
- Price:$122,500
- Price per sq. ft.:$112.18
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.
Contact an agent
Home facts
- Year built:1905
- Listing ID #:727935
- Added:1 day(s) ago
- Updated:October 10, 2025 at 01:41 AM
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:$122,500
- Price per sq. ft.:$112.18
- Tax amount:$1,878
New listings near 1557 27th Street
- New$810,000Active4 beds 4 baths2,112 sq. ft.
340 43rd Street, Des Moines, IA 50312
MLS# 728059Listed by: IOWA REALTY MILLS CROSSING - New$329,900Active3 beds 2 baths1,433 sq. ft.
4287 Grover Woods Lane, Des Moines, IA 50317
MLS# 727525Listed by: HUBBELL HOMES OF IOWA, LLC - New$324,900Active3 beds 2 baths1,358 sq. ft.
4291 Grover Woods Lane, Des Moines, IA 50317
MLS# 727528Listed by: HUBBELL HOMES OF IOWA, LLC - New$195,000Active2 beds 2 baths1,005 sq. ft.
350 E Creston Avenue, Des Moines, IA 50315
MLS# 728085Listed by: KELLER WILLIAMS REALTY GDM - Open Sun, 12 to 2pmNew$319,900Active3 beds 2 baths1,581 sq. ft.
2104 39th Street, Des Moines, IA 50310
MLS# 728037Listed by: KELLER WILLIAMS LEGACY GROUP - New$139,900Active2 beds 2 baths640 sq. ft.
3120 Garfield Avenue, Des Moines, IA 50317
MLS# 728047Listed by: PENNIE CARROLL & ASSOCIATES - Open Sun, 1 to 3pmNew$349,000Active3 beds 3 baths1,724 sq. ft.
405 E Granger Avenue, Des Moines, IA 50315
MLS# 728084Listed by: RE/MAX PRECISION - New$280,900Active3 beds 2 baths1,120 sq. ft.
2548 Onawa Street, Des Moines, IA 50317
MLS# 727898Listed by: MADDEN REALTY - New$260,000Active3 beds 2 baths1,303 sq. ft.
310 31st Street, Des Moines, IA 50312
MLS# 727936Listed by: REALTY ONE GROUP IMPACT - New$139,900Active2 beds 1 baths661 sq. ft.
2345 E 37th Court, Des Moines, IA 50317
MLS# 728067Listed by: RE/MAX CONCEPTS