2707 College Avenue
Des Moines, IA 50311
4
Bed
2
Bath
7,098Sqft
Looking for a cash-flowing rental with zero lease-up risk? This fully remodeled 4-bedroom, 2-bathroom home in Des Moines' desirable Northwest submarket is ready to perform from day one. Completely renovated inside in 2023, this Colonial-style home combines classic 1896 character arched detailing, solid masonry foundation, and durable metal siding with modern, move-in-ready finishes throughout. The home sits on a generous 6,750 sq ft (0.155-acre) lot with a 50' frontage, gas forced-air heat, central air, and a functional basement for storage or mechanicals. The best part for investors: the property is already tenant-occupied at $2,300/month, with the lease secured through July 2027 offering an incoming owner immediate, predictable cash flow and no vacancy gap. 2703, 2705 & 2707 College Ave,
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total Bedroom: 4Bathroom Information
Total Baths: 2 -
Flooring Information
Construction Materials: Other -
Heating & Cooling
Heating: Forced Air Cooling: Central Air WaterSource: Public
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Building Information
Year Built: 1896
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Lot Information
Lot Dimensions: 50 x 135Property Information
Property Type: Residential Sub Type: Single Family Residence
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Listing Price Information
Original List Price:$220000
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Tax Information
Tax Legal Description: LOT 4 SMITHS 5TH ADDITION TO DES MOINES Annual Tax: $2742 Tax Year: 2025 Parcel Number: 080/06426-000-000
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Parking Information
Other
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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 2307 College Ave, which will be on your left.
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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 |
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Nearby For Sale
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ByOwner last updated this listing 07/19/2026 @ 06:20
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