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Property Description
Looking for a cash-flowing rental with zero lease-up risk? This fully remodeled 4-bedroom, 2-bathroom home in DesMoines' desirable Northwest submarket is ready to perform from day one. Completely renovated inside in 2023, this Colonial-style home combines classic 1896 character arched detailing, solid masonry foundation, and durable metal siding with modern, move-in-ready finishes throughout. The home sits on a generous 6,750 sq ft (0.155-acre) lot with a 50' frontage, gas forced-air heat, central air, and a functional basement for storage or mechanicals. The best part for investors: the property is already tenant-occupied at $2,300/month, with the lease secured through July 2027 offering an incoming owner immediate, predictable cash flow and no vacancy gap.
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: $2,742
Year Built: 1896
Feature Descriptions
Appliances: Dryer, Dishwasher, Microwave, Refrigerator, Stove, Washer
Days on Site: 5
Exterior: Metal Siding
Laundry: Main Level
Lot: Rectangular Lot
Lot Dimensions: 50 x 135
Parcel#: 080/06426-000-000
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
$ 1,405.11 per month $1,112.44 Principal & Interest $228.50 Property Tax $64.17 Homeowner's InsuranceChange Payment Information
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2707 College Avenue | MLS# 744974
This single family home located at 2707 College Avenue, Des Moines, IA 50311 is currently listed for sale with an asking price of $220,000. This property was built in 1896 and has 3 bedrooms and 2 full baths with 1098 sq. ft. College Avenue is located within the Des Moines Independent school district. Search Des Moines real estate on www.hunzikerrealty.com today.