2703 College AVE, Des Moines, IA 50311
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2703 College AVE, Des Moines, IA 50311
2703 College AVE, Des Moines, IA 50311
2703 College AVE, Des Moines, IA 50311
2703 College AVE, Des Moines, IA 50311
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Alexis (Lexie) Carstens

Alexis (Lexie) Carstens

+1(563) 505-3009
Listed by Lora Olerich Heartland Realty
$ 225,000
Est. payment /mo
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Active

2703 College AVE Des Moines, IA 50311

5 Beds

3 Baths

1,110 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,110 sqft

Price per Sqft $202

MLS Listing ID NOC6340315

Bedrooms 5

Full Baths 1

Three Quarter Bath 2

Year Built 1927

Annual Tax Amount $3,379

Tax Year 2025

Lot Dimensions 50 x 135

Property Sub-Type Single Family Residence

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.

Location

State IA

County Polk

Area 1110

Direction Take Exit 7A for Martin Luther King Jr. Parkway / 19th Street. At the end of the exit ramp, head north on Martin Luther King Jr. Parkway. Continue approximately 0.8 miles to College Avenue. Turn left (west) onto College Avenue. Continue to 2303 College Ave, which will be on your left.

Rooms

Basement Full

Interior

Heating Forced Air

Cooling Central Air

Exterior

Parking Features Other

View Y/N true

Accessibility None

Building

Sewer City Sewer/Connected

Water Public

Level or Stories One and One Half

Structure Type Other

Schools

School District 1737 - Des Moines Independent

Others

Energy Description Natural Gas

Acceptable Financing NOC6340315

Listing Terms NOC6340315

Alexis (Lexie) Carstens

Alexis (Lexie) Carstens

Agent

+1(563) 505-3009

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2703 College AVE