1064 27th Street Active Save Request In-Person Tour Request Virtual Tour
Des Moines,IA 50311
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,856 sqft
Price per Sqft $140
MLS Listing ID 725100
Style Two Story
Bedrooms 5
Full Baths 2
Year Built 1900
Annual Tax Amount $3,022
Lot Size 6,969 Sqft
Property Description
Exciting investment opportunity in the heart of the Drake area! This well-cared-for up-down duplex at 1064 27th offers versatile layouts and great rental potential. The main floor unit features 2 bedrooms, 1 bath, central AC, spacious living areas, and beautiful wood floors. The upper unit includes 2 bedrooms plus a 3rd bedroom/office area, 1 bath, and window unit cooling—perfect for flexible use as a true 3-bedroom unit or an office setup. Both units enjoy roomy bedrooms, great natural light, and loads of character.
A detached 2-car garage provides parking or additional rental income opportunities, while the shared laundry in the basement adds convenience for tenants. Updates include a new roof and vinyl windows in good condition. With market rents estimated at $1,200+ per unit, this property is a strong income producer or house-hacking opportunity.
Located within the InvestDSM neighborhood boundaries, residents benefit from the area's ongoing revitalization and investment. Close to Drake University, local hospitals, shops, restaurants, and with easy access to the entire metro, this property is well-suited for long-term, mid-term, or short-term rentals. Turnkey and ready for its next owner!
Location
State IA
County Polk
Area Des Moines West
Zoning Res
Interior
Heating Baseboard,Electric,Forced Air,Gas
Cooling Central Air,See Remarks,Window Unit(s)
Flooring Hardwood
Exterior
Parking Features Detached,Garage,Two Car Garage
Garage Spaces 2.0
Garage Description 2.0
Utilities Available Electricity Available,Natural Gas Available,Water Available
Roof Type Asphalt,Shingle
Building
Lot Description Rectangular Lot
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
Schools
School District Des Moines Independent
Others
Monthly Total Fees $251
Acceptable Financing Cash,Conventional,See Remarks
Listing Terms Cash,Conventional,See Remarks