2703 College Avenue Des Moines, IA $ 225,000
2703 College Avenue
$ 225,000
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2703 College Avenue

Des Moines, IA, 50311
$ 225,000
Bedrooms5 Baths3.0 Sq 1,110

Monthly Estimate*

$ 1,421

2703 College Avenue, Des Moines, IA 50311 - Image 1
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Single Family Home for sale in Des Moines, IA

for $225,000 with 5 bedrooms and 3 full baths. This 1,110 square foot home was built in 1927 on a lot size of 0.16.

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.

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Single Family Active

Price

$ 225,000

Bedrooms

5

Full Bath

3

Property Type

Single Family

Taxes

$ 0

Style

Cape Cod

Lot Size

0.16

Year Built

1927

Town/City

Des Moines

County/Region

Polk

MLS | Web ID

70708

Features
General
Sewer Public Sewer
Heating Forced Air Natural Gas
Cooling Central Air
Appliances Dishwasher Disposal Dryer Microwave Range Refrigerator Washer
Zoning Res
Architectural Style Cape Cod
Construction Materials Vinyl Siding
Year Built 1927
Levels One and One Half
Property Subtype Single Family Residence
Parcel Number 080/06424-000-000
County Polk
Property Type Residential
HOA false
Garage Y/N false
Total Rooms 0
Full Baths 1
Status Active
City Des Moines
High School District Des Moines
MLS Area 0036-Des Moines
Lot Size Units Square Feet
Lot Size Square Feet 6750
MLS Area Minor 0036-Des Moines
Standard Status Active
Tax Assessed Value 179300
Legal Description LOT 2 SMITHS 5TH ADDITION TO DES MOINES
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Interior
Interior Amenities Ceiling Fan(s)
Basement Full Sump Pump
Flooring Luxury Vinyl Carpet
Air Conditioning Y/N true
Heating Y/N true
Above Grade Finished Area 822
Half Baths 0
3/4 Baths 2
Total Bedrooms 5
Below Grade Finished Area 635
Total Baths 3
Heating-Forced Air true
Heating-Natural Gas true
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Exterior
Water Source Public
Lot Size Area 6750
Foundation Details Brick/Mortar
Building Area Total 1110
Lot Dimensions 50 x 135
Lot Size Acres 0.16
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* Excluded Features
List By
Lora Ahrens Olerich

Listing Agent

Heartland Realty

Broker

Affordability Calculator

$1,421
Per Month
100%
0%
0%
Monthly Principal & Interest
$1,421
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
0 Elementary School
0 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/11/2026$225,000 Listed Price

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2703 College Avenue, Des Moines, IA, 50311 is a Single Family Home for sale at $225,000 with 1,110 sqft and a lot size of 0.16. 2703 College Avenue has 5 bedrooms, 3.0 baths, and was built in 1927. The property's zip code is 50311 which is in Des Moines, IA