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2703 College Avenue, Des Moines, IA 50311

$225,000
BEDS 3
BATHS 2 full
SQUARE FEET 1,110
MLS# 744976
  • 2703 College Avenue, Des Moines, IA 50311 Main Photo

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STATUS: Active
PROPERTY TYPE: Residential - Single Family
SCHOOL: Des Moines Independent

Property Description

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 long-term stability.

2703 College Avenue | MLS# 744976

This single family home located at 2703 College Avenue, Des Moines, IA 50311 is currently listed for sale with an asking price of $225,000. This property was built in 1927 and has 3 bedrooms and 2 full baths with 1110 sq. ft. College Avenue is located within the Des Moines Independent school district. Search Des Moines real estate on www.hunzikerrealty.com today.

Property Features

Property Type: Residential - Single Family
Basement: Partially Finished
Cooling: Central Air
Heating: Forced Air, Gas, Natural Gas
Home Style: Cape Cod, One and One Half Story
Lot Size: 0.15 Acres
Roof Type: Asphalt, Shingle
Taxes: $3,379
Year Built: 1927

Feature Descriptions

Appliances: Dryer, Dishwasher, Freezer, Microwave, Refrigerator, Stove
Days on Site: 5
Exterior: Vinyl Siding
Fireplace: Electric
Lot: Rectangular Lot
Lot Dimensions: 50 x 135
Parcel#: 080/06424-000-000
Sewer: Public Sewer
Water: Public

Local Schools

School District: Des Moines Independent

Listed By / Shown By

Listed By

Agency Name: Heartland Realty
Agency Phone: (515) 432-8872

Shown By

Agency Title: Hunziker & Associates, REALTORS
Agency Phone: 515-233-4450

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Estimated Payment

$ 1,484.93 per month $1,137.72 Principal & Interest $281.58 Property Tax $65.63 Homeowner's Insurance

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