2703 College Avenue
Des Moines, IA 50311
5
Bed
3
Bath
1,110Sqft
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
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
-
Bedroom Information
Total Bedroom: 5Bathroom Information
Total Baths: 3 Full Baths: 1 -
Flooring Information
Construction Materials: Other -
Heating & Cooling
Heating: Forced Air Cooling: Central Air WaterSource: Public
-
Building Information
Year Built: 1927
-
Lot Information
Lot Dimensions: 50 x 135Property Information
Property Type: Residential Sub Type: Single Family Residence
-
Listing Price Information
Original List Price:$225000
-
Tax Information
Tax Legal Description: LOT 2 SMITHS 5TH ADDITION TO DES MOINES Annual Tax: $3379 Tax Year: 2025 Parcel Number: 080/06424-000-000
-
Parking Information
Other
-
Utility Information
Sewer: City Sewer/Connected Water Source: Public -
Location Information
City: Des Moines 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.
How much is this property worth?
Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.
Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1440 21st Street, Des Moines, IA, 50311 | $190,000 | 4 | 2 | 2,196 | 2,196 SqFt |
| 2210 University Avenue, Des Moines, IA, 50311 | $179,900 | 4 | 3 | 1,440 | 1,440 SqFt |
| 1357 23rd Street, Des Moines, IA, 50311 | $115,000 | 2 | 1 | 795 | 795 SqFt |
| 2303 Carpenter Avenue, Des Moines, IA, 50311 | $225,000 | 1 | -- | 2,734 | 2,734 SqFt |
| 1355 24th Street, Des Moines, IA, 50311 | $260,000 | 4 | 2 | 2,064 | 2,064 SqFt |
| 1011 24th Street, Des Moines, IA, 50311 | $275,000 | 4 | 3 | 1,452 | 1,452 SqFt |
| 1121 26th Street, Des Moines, IA, 50311 | $419,000 | 6 | 3 | 2,283 | 2,283 SqFt |
| 1132 26th Street, Des Moines, IA, 50311 | $507,500 | 4 | 3 | 1,932 | 1,932 SqFt |
| 1147 27th Street, Des Moines, IA, 50311 | $489,000 | 5 | 4 | 1,792 | 1,792 SqFt |
| 1009 27th Street, Des Moines, IA, 50311 | $264,990 | 3 | 2 | 1,397 | 1,397 SqFt |
Similar Homes To 2703 College Avenue
Nearby For Sale
Disclaimer: The information being provided courtesy of NoCoast MLS as distributed by MLS GRID and is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the NoCoast MLS. ByOwner.com is not a Multiple Listing Service (MLS), nor does it offer MLS access. ByOwner.com is a broker participant of NoCoast MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site.
Based on information submitted to the MLS GRID as of 07/19/2026 @ 06:20. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Properties displayed may be listed or sold by various participants in the MLS.
Click here for Consumer use of IDX Listings Disclaimer
“The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
ByOwner last updated this listing 07/19/2026 @ 06:20
More Cities with for Sale by Owner Homes
- Des Moines Homes For Sale By Owner
- Urbandale Homes For Sale By Owner
- Windsor Heights Homes For Sale By Owner
- Clive Homes For Sale By Owner
- Johnston Homes For Sale By Owner
- West Des Moines Homes For Sale By Owner
- Pleasant Hill Homes For Sale By Owner
- Ankeny Homes For Sale By Owner
- Altoona Homes For Sale By Owner
- Grimes Homes For Sale By Owner
- Norwalk Homes For Sale By Owner
- Cumming Homes For Sale By Owner
- Carlisle Homes For Sale By Owner
- Waukee Homes For Sale By Owner
- Runnells Homes For Sale By Owner
- Bondurant Homes For Sale By Owner
- Polk City Homes For Sale By Owner
- Granger Homes For Sale By Owner
- Booneville Homes For Sale By Owner
- Elkhart Homes For Sale By Owner
Homes around $225,000
Verify Your Email
Please enter the 6-digit verification code
sent to your email address.