Sign Up Login
Refine Search

2703 College Avenue, Des Moines, IA 50311

$225,000
  • 2703 College Avenue, Des Moines, IA 50311 Main Photo

7 Total Photos [Click to View All]

New to the Market Active
BEDS5 BATHS3 full SQUARE FEET1,110 MLS#6340315
STATUS PROPERTY TYPEResidential - Single Family

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# 6340315

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 5 bedrooms and 3 full baths with 1110 sq. ft. Search Des Moines real estate on www.merchantofmo.com today.

Property Features

Property Type: Residential - Single Family
Basement: Yes
Basement: Full
Cooling: Central Air
Fuel Type: Natural Gas
Heating: Forced Air
Lot Size: 50 x 135
Taxes: $3,379
Year Built: 1927

Feature Descriptions

Days on Site: 1
Exterior: Other
Lot Dimensions: 50 x 135
Parcel #: 080/06424-000-000
Parking: Other
Sewer: City Sewer/Connected
SQFT Living Area: 1110
Water: Public

Listed By / Shown

Listed By

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

Shown By

Agent Name: The Merchant Team
Agent Phone:
Agency Title: Trophy Properties & Auction

IDX logo

Estimate Your Payment

Estimated Payment

$ 847.96 per month $500.75 Principal & Interest $281.58 Property Tax $65.63 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)

Login to My Homefinder

Pixel