This well-maintained up-down duplex offers an outstanding opportunity for investors seeking strong cash flow or savvy buyers looking to house-hack in a high-demand neighborhood.The main floor unit features 2 bedrooms, 1 bath, central air conditioning, formal dining room, spacious living area, and beautiful original wood floors. The upper unit includes 2 bedrooms plus a flexible third bedroom/office space and 1 bath with window-unit cooling. Both units boast roomy bedrooms, great natural light, and classic character that attracts tenants. Amenities also include on-site laundry in the basement and a two car garage. Located in the InvestDSM revitalization zone near Drake University, major hospitals, shops, restaurants, and easy metro access, the property supports long-term, mid-term, or short-term rental strategies. Turnkey and ready to go, this duplex is perfect for owner-occupants who want their tenant to help cover the mortgage or investors building a reliable rental portfolio. A versatile, income-producing property in a strong location — schedule your showing today!
For sale
$259,000
1064 27th St, Des Moines, IA 50311
4beds
1,856sqft
Duplex, Multi Family, Multi Family
Built in 1900
-- sqft lot
$-- Zestimate®
$140/sqft
$-- HOA
What's special
Classic characterFormal dining roomBeautiful original wood floorsCentral air conditioningGreat natural lightRoomy bedroomsTwo car garage
- 2 days |
- 338 |
- 19 |
Zillow last checked:
Listing updated:
Listed by:
Darson Grantham (641)745-0156,
Keller Williams Realty GDM,
Dirk Wiese 641-751-6650,
Keller Williams Realty GDM
Source: DMMLS,MLS#: 741226
Originating MLS: Des Moines Area Association of REALTORS
Originating MLS: Des Moines Area Association of REALTORSLoading...
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Baseboard, Electric, Forced Air, Gas, Natural Gas
Cooling
- Central Air, Window Unit(s)
Features
- Flooring: Hardwood
- Basement: Unfinished
Interior area
- Total structure area: 1,856
- Total interior livable area: 1,856 sqft
Property
Parking
- Total spaces: 2
- Parking features: Detached, Garage, Two Car Garage
- Garage spaces: 2
Features
- Levels: Two
- Stories: 2
Lot
- Size: 6,969 Square Feet
- Dimensions: 60 x 120
Details
- Parcel number: 03005020000000
- Zoning: N5
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Two Story,Duplex
- Property subtype: Duplex, Multi Family, Multi Family
Materials
- Foundation: Brick/Mortar
- Roof: Asphalt,Shingle
Condition
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Des Moines
Financial & listing details
- Price per square foot: $140/sqft
- Tax assessed value: $174,400
- Annual tax amount: $3,287
- Date on market: 5/20/2026
- Cumulative days on market: 18 days
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Concrete
Estimated market value
Not available
Estimated sales range
Not available
$968/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/29/2026 | Listed for sale | $259,000$140/sqft |
Source:  DMMLS #741226 Report a problem | ||
| 6/4/2026 | Pending sale | $259,000$140/sqft |
Source: DMMLS #741226 Report a problem | ||
| 5/14/2026 | Listed for sale | $259,000-0.3%$140/sqft |
Source: DMMLS #740603 Report a problem | ||
| 10/31/2025 | Listing removed | $259,900$140/sqft |
Source: DMMLS #725100 Report a problem | ||
| 8/29/2025 | Listed for sale | $259,900+305.8%$140/sqft |
Source: DMMLS #725100 Report a problem | ||
| 2/23/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 7/23/2020 | Listing removed | $850 |
Source: Owner Report a problem | ||
| 6/20/2020 | Listed for rent | $850 |
Source: Owner Report a problem | ||
| 2/28/2017 | Sold | $64,050-24.6%$35/sqft |
Source: DMMLS #531023 Report a problem | ||
| 2/10/2017 | Pending sale | $85,000$46/sqft |
Source: Silverado Realty #531023 Report a problem | ||
| 1/18/2017 | Listed for sale | $85,000$46/sqft |
Source: Silverado Realty #531023 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,022 +2.1% | $174,400 +15.9% |
| 2024 | $2,960 +9.2% | $150,500 |
| 2023 | $2,710 +0.7% | $150,500 +30.9% |
| 2022 | $2,690 -13.2% | $115,000 |
| 2021 | $3,100 +2.8% | $115,000 -1.1% |
| 2020 | $3,016 -0.3% | $116,300 |
| 2019 | $3,026 +1% | $116,300 +3.3% |
| 2018 | $2,996 | $112,600 |
| 2017 | $2,996 +21.4% | $112,600 +10% |
| 2016 | $2,468 | $102,400 |
| 2015 | $2,468 -14% | $102,400 +6% |
| 2014 | $2,870 | $96,600 |
| 2013 | -- | $96,600 +0.2% |
| 2012 | -- | $96,400 |
| 2011 | -- | $96,400 +6.9% |
| 2010 | -- | $90,200 |
| 2009 | -- | $90,200 -6.5% |
| 2008 | -- | $96,500 |
| 2007 | -- | $96,500 +23.9% |
| 2006 | -- | $77,900 |
| 2005 | -- | $77,900 +10.1% |
| 2003 | -- | $70,770 +24.7% |
| 2002 | -- | $56,770 |
| 2001 | -- | $56,770 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Drake
Nearby schools
GreatSchools rating
- 5/10Hubbell Elementary SchoolGrades: K-5Distance: 1.2 mi
- 3/10Callanan Middle SchoolGrades: 6-8Distance: 0.5 mi
- 4/10Roosevelt High SchoolGrades: 9-12Distance: 1.4 mi
Schools provided by the listing agent
- District: Des Moines Independent
Source: DMMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Iowa
- Polk County
- Des Moines
- 50311
- Drake
- 1064 27th St
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Des Moines Topics
