About This Home
This 4-bedroom, 2-bathroom single family at 2707 College Avenue in Des Moines, IA is listed for $220,000 ($200 per sqft). Built in 1896, the home offers 1,098 sqft of living space on a 0.15 acres lot.
Key Features
- Built in 1896
- 0.15 acre lot
- 2 stories
Property Details
Amenities
Looking for a cash-flowing rental with zero lease-up risk? This fully remodeled 4-bedroom, 2-bathroom home in Des Moines' 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. 703, 2705 & 2707 College Ave, Des Moines are being sold as a package. - 2705 vacant lot for tenant off-street parking
Monthly Cost Estimate
$1,177/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
2707 College Avenue
Des Moines, IA 50311
Features & Amenities
Interior Features
Exterior Features
Property Details
Flooring
Heating
Cooling
Appliances
Questions & Answers
This 4-bedroom, 2-bathroom single family at 2707 College Avenue is listed at $220,000 ($200/sqft). The estimated monthly payment is $1,176 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1896, 0.15 acre lot, 2 stories. Interior Features: Ceiling Fan(s). Exterior Features: Aluminum Siding.
This property is listed by Lora Ahrens Olerich and can be reached at 5154328872.
