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$ 259,900
Est. payment /mo
Open Sat 12PM-2PM
1064 27th ST Des Moines, IA 50311
1,856 SqFt
Open House
Sat Sep 20, 12:00pm - 2:00pm
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,856 sqft
Price per Sqft $140
MLS Listing ID 68335
HOA Y/N No
Year Built 1900
Annual Tax Amount $3,022
Lot Size 6,969 Sqft
Acres 0.16
Property Sub-Type Duplex
Source Central Iowa Board of REALTORS®
Land Area 1856
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!
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
Zoning Res
Body of Water Public
Interior
Heating Electric, Forced Air
Cooling Window Unit(s)
Flooring Hardwood
Exterior
Garage Yes
Building
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
Structure Type Stucco
Schools
School District Des Moines
Others
Virtual Tour https://www.zillow.com/view-3d-home/922cff5f-2af9-4856-9c61-4983f92fc718?setAttribution=mls&wl=true&utm_source=dashboard
Listed by Keller Williams Legacy Group
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