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, Des Moines are being sold as a package. – 2705 vacant lot for tenant off-street parking
- Basement:
- Full
- Parking:
- Other
- Sewer:
- City Sewer/Connected
- Country:
- US
- State:
- IA
- County:
- Polk
- City:
- Des Moines
- Zipcode:
- 50311
- Street:
- College
- Street Number:
- 2707
- Street Suffix:
- Avenue
- Directions:
- 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.
- Agent First Name:
- Lora Olerich
- Office Name:
- Heartland Realty
- List Office MLSID:
- 318000456
- Association Fee:
- $0
- Sold Price:
- $0
- Original List Price:
- $0
- Prior List Price:
- $0
- List Price Low:
- $0
- List Price High:
- $0
- Insurance Fee:
- $0
- Percent Price Difference:
- $0
- Search Price:
- $0
- Gross Income:
- $0
- NetIncome:
- $0
- Expense Insurance:
- $0
- Gross Taxes:
- $0
- Tax With Assessments:
- $0
- Net Taxes:
- $0
- Levels:
- One and One Half
- Lot Size Dimensions:
- 50 x 135
- Previous Price:
- 220000
- Water Source:
- Public
- Accessibility Features:
- None
- Construction Materials:
- Other
- Tax Annual Amount:
- 2742
- List Agent Mls Id:
- MI318000174
- List Office Mls Id:
- 318000456
- Mls Status:
- Active
- Modification Timestamp:
- 2026-07-15T01:01:42Z
- Originating System Name:
- NoCoast
Residential
2707 College Avenue, Des Moines, Iowa 50311
- Listing Status :
- Active
- Property Type :
- Residential
- Listing Type :
- For Sale
- Listing ID :
- 6340313
- Price :
- $220,000
- Bedrooms :
- 4
- Bathrooms :
- 2
- Total Finished SqFt :
- 7,098 Sqft
- Year Built :
- 1896
- Property Sub Type :
- Single Family Residence
