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Amanda Shepherd
REALTOR®, MCNE, MRP, Broker Associate
(515) 230-6831

2703 College Avenue, Des Moines, IA 50311

$225,000
BEDS 5
BATHS 3 full
SQUARE FEET 1,110
MLS# 70708
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Amanda Shepherd

Amanda Shepherd
Call: (515) 230-6831

STATUS: Active
PROPERTY TYPE: Residential - Single Family
SCHOOL: Des Moines

Property Description

Don't miss this outstanding income-producing investment opportunity featuring 5 bedrooms, 2 bathrooms, a separatelot, and exceptional parking amenities. This well-maintained property is tenant occupied with a lease in place throughJuly 2027, generating $2,500 per month in rental income, making it an ideal turnkey addition to your investmentportfolio.The home underwent a complete interior remodel in 2023, including all new windows, creating an updated, modernliving space while minimizing future maintenance. The roof is less than 10 years old, and the seller reports no knownissues, 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 ofboth 2703 and 2707, providing valuable off-street parking rarely found in the area.Whether you're a seasoned investor or looking to begin building your real estate portfolio, this property deliversimmediate cash flow with long-term stability.This home is located within the Neighborhood Finance Corporation (NFC) lending area. Eligible buyers financing through NFC may qualify for a $15,000 forgivable renovation grant, which could help offset the cost of adding a garage or other qualifying improvements after purchase. Buyer eligibility and program guidelines apply.

2703 College Avenue | MLS# 70708

This single family home located at 2703 College Avenue, Des Moines, IA 50311 is currently listed for sale with an asking price of $225,000. This property was built in 1927 and has 5 bedrooms and 3 full baths with 1110 sq. ft. College Avenue is located within the Des Moines school district. Search Des Moines real estate on amandashepherd.hunzikerrealty.com today.

Property Features

Property Type: Residential - Single Family
Basement: Full, Sump Pump
Basement: Yes
Cooling: Central Air
Heating: Forced Air, Natural Gas
Home Style: Cape Cod
Lot Size: 0.15 Acres
Year Built: 1927

Amenities

Ceiling Fan(s)

Feature Descriptions

Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
Baths 3/4: 2
Baths Full: 1
Days on Site: 27
Exterior: Vinyl Siding
Features: Ceiling Fan(s), Letter of Compliance, Main Floor Bedroom, Sump Pump
Flooring: Luxury Vinyl, Carpet
Foundation Details: Brick/Mortar
Heating Y/N: Yes
Lot Dimensions: 50 x 135
Parcel #: 080/06424-000-000
Sewer: Public Sewer
SQFT Finished Above Grade: 822
SQFT Finished Below Grade: 635
Water: Public
Zoning: Res

Local Schools

School District: Des Moines

Listed By / Shown By

Listed By

Agency Name: Heartland Realty
Agency Phone: 515-432-8872

Shown By

Agent Name: Amanda Shepherd
Agent Phone: (515) 230-6831
Agency Title: Hunziker & Associates, REALTORS

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Estimated Payment

$ 1,203.35 per month $1,137.72 Principal & Interest $0.00 Property Tax (data not provided by mls) $65.63 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 08/08/2026. The listing information on this page last changed on 08/08/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sat 08/08/2026 10:40:25 AM EST) or Central Iowa MLS (last updated Sat 08/08/2026 10:38:24 AM EST) or Des Moines MLS (last updated Sat 08/08/2026 10:35:54 AM EST). Real estate listings held by brokerage firms other than Hunziker & Associates, REALTORS may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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