2703 College Avenue, Des Moines, IA 50311

Des Moines
Local realty services provided by:Better Homes and Gardens Real Estate Innovations
2703 College Avenue,Des Moines, IA 50311
$225,000
  • 3 Beds
  • 2 Baths
  • 1,110 sq. ft.
  • Single family
  • Active
Listed by: lora olerich
Office: heartland realty
MLS#:744976
Source:IA_DMAAR

Price summary

  • Price:$225,000
  • Price per sq. ft.:$202.7

About this home

Don't miss this outstanding income-producing investment opportunity featuring 5 bedrooms, 2 bathrooms, a separate lot, and exceptional parking amenities. This well-maintained property is tenant occupied with a lease in place through July 2027, generating $2,500 per month in rental income, making it an ideal turnkey addition to your investment portfolio. The home underwent a complete interior remodel in 2023, including all new windows, creating an updated, modern living space while minimizing future maintenance. The roof is less than 10 years old, and the seller reports no known issues, offering added confidence for the next owner. An added bonus is 2705 College Ave, which includes a detached one-car garage along with surface parking for tenants of both 2703 and 2707, providing valuable off-street parking rarely found in the area. Whether you're a seasoned investor or looking to begin building your real estate portfolio, this property delivers immediate cash flow with...

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Home facts

  • Year built:1927
  • Listing ID #:744976
  • Added:86 day(s) ago
  • Updated:October 03, 2026 at 04:40 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:2
  • Kitchen Description:Dishwasher, Freezer, Microwave, Refrigerator, Stove
  • Basement:Yes
  • Basement Description:Partially Finished
  • Living area:1,110 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Forced Air, Gas, Natural Gas
  • Central air:Yes

Structure and exterior

  • Roof:Asphalt, Shingle
  • Year built:1927
  • Building area:1,110 sq. ft.
  • Lot area:0.15 Acres
  • Lot Features:Rectangular Lot
  • Architectural Style:Cape Cod
  • Construction Materials:Vinyl Siding
  • Foundation Description:Brick/Mortar

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$225,000
  • Price per sq. ft.:$202.7
  • Tax amount:$3,380

Features and amenities

  • Appliances:Dishwasher, Dryer, Freezer, Microwave, Refrigerator, Stove
  • Laundry features:Dryer

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