1. Iowa
  2. Des Moines
  3. 1557 27th Street
$122,500

1557 27th Street, Des Moines, IA 50311

  • 3 beds |
  • 2 baths |
  • 1,092 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1905
  • Property Lot Size Icon8,320sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $112/sqft
  • Property List Date Icon Listed 10 days ago

Property Description

Investment opportunity! Great location, just a block from Drake University campus. Large backyard and deck off kitchen. This income-producing 3-bedroom rental was generating $1,400 per month with potential for future rent growth. Tenant just vacated and the rental certificate is valid through December 2027—offering peace of mind for quick occupancy. The seller owns a large portfolio—ask your agent for the proforma and details on additional available properties.

Listing Status:
Active
Date Added:
October 9, 2025 at 05:00AM
Listing Office:
Keller Williams Ankeny Metro : (515) 965-9100
Listing Agent:
Abby Hausmann-Virgil : (515) 965-9100
MLS ID:
727935
  • Heating: Forced AirGas
  • Style: Ranch
  • Roofing: AsphaltShingle
  • General: Wood Siding1Brick/Mortar
  • Road/Access: Concrete
  • Originating MLS: DMAAR_DM
  • School District: Des Moines Independent
  • County: Polk
  • Zoning: RESLOT 1 & N 3 F 2 HARRISON PARK08003017000000
  • Water: Public
  • Sewer: Public Sewer
  • Source: DMAAR_DM

This listing courtesy of Abby Hausmann-Virgil, Keller Williams Ankeny Metro

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

M

Monroe Elementary School

2250 30th St, Des Moines, IA, 50310

Grades KG-5

0.55 miles away

C

Callanan Middle School

3010 Center St, Des Moines, IA, 50312

Grades 6-8

1.18 miles away

R

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.

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