A six-plex in the Drake neighborhood. 1 of the units is being remodeled and the rest are occupied. Proximity to Drake University creates a stable tenant pool of university employees, graduate students, and young professionals. Good walk score and bike score.
For sale
$270,000
1072 27th St, Des Moines, IA 50311
5beds
2,769sqft
Multi Family
Built in 1900
-- sqft lot
$262,700 Zestimate®
$98/sqft
$-- HOA
What's special
- 15 days |
- 139 |
- 10 |
Zillow last checked:
Listing updated:
Listed by:
Scott Leff (888)554-6847,
Iotis Realty, LLC
Source: DMMLS,MLS#: 746749
Originating MLS: Des Moines Area Association of REALTORS
Originating MLS: Des Moines Area Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 5
Heating
- Forced Air, Gas, Natural Gas
Appliances
- Included: Refrigerator
Features
- Basement: Unfinished
Interior area
- Total structure area: 2,769
- Total interior livable area: 2,769 sqft
- Finished area below ground: 600
Property
Parking
- Total spaces: 2
- Parking features: Detached, Garage, Two Car Garage
- Garage spaces: 2
Features
- Levels: Three Or More
- Stories: 3
Lot
- Size: 6,926 Square Feet
- Dimensions: 60 x 120
- Features: Rectangular Lot
Details
- Parcel number: 03005016000000
- Zoning: R1-60
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Three Story
- Property subtype: Multi Family
Materials
- Metal Siding
- Foundation: Brick/Mortar
- Roof: Asphalt,Shingle
Condition
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
- HOA name: Stanbrough
- HOA phone: 515-321-3877
Location
- Region: Des Moines
Financial & listing details
- Price per square foot: $98/sqft
- Tax assessed value: $191,000
- Annual tax amount: $3,720
- Date on market: 8/5/2026
- Cumulative days on market: 16 days
- Listing terms: Cash,Conventional
- Road surface type: Concrete
Estimated market value
$262,700
$250,000 - $276,000
$1,064/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/6/2026 | Listed for sale | $270,000-23.9%$98/sqft |
Source:  DMMLS #746749 Report a problem | ||
| 10/16/2025 | Listing removed | $355,000$128/sqft |
Source: DMMLS #726616 Report a problem | ||
| 9/19/2025 | Listed for sale | $355,000+44.9%$128/sqft |
Source: DMMLS #726616 Report a problem | ||
| 8/14/2021 | Listing removed | -- |
Source: DMMLS #623980 Report a problem | ||
| 4/27/2021 | Price change | $245,000-2%$88/sqft |
Source: DMMLS #623980 Report a problem | ||
| 4/7/2021 | Listed for sale | $250,000$90/sqft |
Source: DMMLS #623980 Report a problem | ||
| 3/31/2021 | Pending sale | $250,000$90/sqft |
Source: DMMLS #623980 Report a problem | ||
| 3/11/2021 | Listed for sale | $250,000+123.2%$90/sqft |
Source: DMMLS #623980 Report a problem | ||
| 11/24/2020 | Sold | $112,000+3.7%$40/sqft |
Source: Public Record Report a problem | ||
| 8/12/2013 | Sold | $108,000$39/sqft |
Source: Public Record Report a problem | ||
| 10/4/2006 | Sold | $108,000+109.7%$39/sqft |
Source: Public Record Report a problem | ||
| 7/30/1999 | Sold | $51,500$19/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,554 +2.1% | $191,000 +7.9% |
| 2024 | $3,482 -17.4% | $177,000 |
| 2023 | $4,218 -14.4% | $177,000 -1.1% |
| 2022 | $4,930 +12.3% | $179,000 |
| 2021 | $4,390 -11% | $179,000 +21.8% |
| 2020 | $4,930 +14.1% | $147,000 |
| 2019 | $4,320 -6% | $147,000 +20.5% |
| 2018 | $4,596 | $122,000 |
| 2017 | $4,596 +2.3% | $122,000 +10.9% |
| 2016 | $4,494 | $110,000 |
| 2015 | $4,494 +2.6% | $110,000 +12.2% |
| 2014 | $4,382 | $98,000 |
| 2013 | -- | $98,000 |
| 2012 | -- | $98,000 |
| 2011 | -- | $98,000 -10.9% |
| 2010 | -- | $110,000 |
| 2009 | -- | $110,000 |
| 2008 | -- | $110,000 |
| 2007 | -- | $110,000 |
| 2006 | -- | $110,000 +20.6% |
| 2005 | -- | $91,200 +15% |
| 2003 | -- | $79,300 +40% |
| 2002 | -- | $56,660 |
| 2001 | -- | $56,660 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Drake
Nearby schools
GreatSchools rating
- 4/10Hubbell Elementary SchoolGrades: K-5Distance: 1.2 mi
- 2/10Callanan Middle SchoolGrades: 6-8Distance: 0.5 mi
- 5/10Roosevelt 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.
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