1557 27th Street, Des Moines, IA 50311

3 beds |
1 bath |
1,092 sqft

Single-Family Home
Built in 1905
8,320sqft lot
—— car garage
$124/sqft
Listed 1 day ago

Property Description

Investment opportunity! This cash-flowing 3-bedroom rental brings in $1,400/month with upside for rent increases. Tenant is on a flexible month-to-month lease, and the rental certificate is valid through Dec. 2027—no immediate compliance costs. Purchase as a stand-alone property or bundle with additional cash-flowing units in a larger portfolio. Owner is retiring—don’t miss the chance to add proven income producers to your holdings. Portfolio details: View Here Showings require 72 hours’ notice and will be accompanied by the property manager.

Listing Status:: Active
Date Added:: August 14, 2025 at 05:00AM
Listing Office:: LPT Realty, LLC : (877) 366-2213
Listing Agent:: Jeff Downing : (515) 257-6477
MLS ID:: 724354

Style: Ranch

This listing courtesy of Jeff Downing, LPT Realty, LLC

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Monroe Elementary School

2250 30th St, Des Moines, IA, 50310

Grades KG-5

0.55 miles away

Callanan Middle School

3010 Center St, Des Moines, IA, 50312

Grades 6-8

1.18 miles away

Ruby Van Meter

710 28th St, Des Moines, IA, 50312

Grades KG-12

1.20 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.