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
Bedrooms3 Baths2.0 Sq 1,110

Monthly Estimate*

$ 1,421

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Single Family Home for sale in Des Moines, IA

for $225,000 with 3 bedrooms and 2 full baths. This 1,110 square foot home was built in 1927 on a lot size of 0.155.

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

3

Full Bath

2

Property Type

Single Family

Taxes

$ 3,379

Style

Lot Size

0.155

Year Built

1927

Town/City

Des Moines

County/Region

Polk

MLS | Web ID

744976

List By
Lora Olerich

Listing Agent

Heartland Realty

Broker

loraolerich@gmail.com

Email

Affordability Calculator

$1,702
Per Month
83%
17%
0%
Monthly Principal & Interest
$1,421
Monthly Property Taxes
$282
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
4324878 Elementary School
4324877 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/12/2026$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 0.155. 2703 College Avenue has 3 bedrooms, 2.0 baths, and was built in 1927. The property's zip code is 50311 which is in Des Moines, IA