Investment opportunity! Great location, just a block from Drake University campus. Large backyard and deck off kitchen. This income-producing 3-bedroom rental was generating $1,400 per month with potential for future rent growth. Tenant just vacated and the rental certificate is valid through December 2027—offering peace of mind for quick occupancy. The seller owns a large portfolio—ask your agent for the proforma and details on additional available properties.
Sold for $105,000
$105,000
1557 27th St, Des Moines, IA 50311
3beds
1,092sqft
Single Family Residence
Built in 1905
8,319.96 Square Feet Lot
$104,700 Zestimate®
$96/sqft
$1,670 Estimated rent
Home value
$104,700
$99,000 - $110,000
$1,670/mo
Zestimate® history
Owner options
List your home for rent
$1,670/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$1,670/mo
Rent Zestimate®
Refinance and save
$576/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$576/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Large backyardDeck off kitchen
Zillow last checked:
Listing updated:
Listed by:
Abby Hausmann-Virgil (515)965-9100,
Keller Williams Ankeny Metro,
Tom Vasquez 515-778-1122,
Keller Williams Realty GDM
Bought with:
MARION HANSELL
BHHS First Realty Westown
Source: DMMLS,MLS#: 727935
Originating MLS: Des Moines Area Association of REALTORS
Originating MLS: Des Moines Area Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
- Main level bedrooms: 3
Heating
- Forced Air, Gas
Interior area
- Total structure area: 1,092
- Total interior livable area: 1,092 sqft
Property
Features
- Stories: 1
Lot
- Size: 8,319 sqft
- Dimensions: 50 x 166
- Features: Rectangular Lot
Details
- Parcel number: 08003017000000
- Zoning: RES
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Foundation: Brick/Mortar
- Roof: Asphalt,Shingle
Condition
- Year built: 1905
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Des Moines
Other
Other facts
- Listing terms: Cash,Conventional
- Road surface type: Concrete
Price history
| Date | Event | Price |
|---|---|---|
| 1/30/2026 | Sold | $105,000-12.5%$96/sqft |
Source:  DMMLS #727935 Report a problem | ||
| 1/5/2026 | Pending sale | $120,000$110/sqft |
Source: DMMLS #727935 Report a problem | ||
| 11/15/2025 | Price change | $120,000-2%$110/sqft |
Source: DMMLS #727935 Report a problem | ||
| 10/9/2025 | Listed for sale | $122,500-9.3%$112/sqft |
Source: DMMLS #727935 Report a problem | ||
| 10/2/2025 | Listing removed | $135,000$124/sqft |
Source: DMMLS #724354 Report a problem | ||
| 8/14/2025 | Listed for sale | $135,000+125%$124/sqft |
Source: DMMLS #724354 Report a problem | ||
| 11/19/2021 | Sold | $60,000$55/sqft |
Source: DMMLS #637271 Report a problem | ||
| 9/21/2021 | Pending sale | $60,000$55/sqft |
Source: DMMLS #637271 Report a problem | ||
| 9/21/2021 | Listed for sale | $60,000$55/sqft |
Source: DMMLS #637271 Report a problem | ||
| 9/13/2021 | Pending sale | $60,000$55/sqft |
Source: DMMLS #637271 Report a problem | ||
| 9/9/2021 | Listed for sale | $60,000$55/sqft |
Source: DMMLS #637271 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,798 +2% | $99,500 +11% |
| 2024 | $1,762 +8.5% | $89,600 |
| 2023 | $1,624 +22.8% | $89,600 +30% |
| 2022 | $1,322 +5.9% | $68,900 |
| 2021 | $1,248 -3.3% | $68,900 +11.3% |
| 2020 | $1,290 +2.2% | $61,900 |
| 2019 | $1,262 +1.6% | $61,900 +5.5% |
| 2018 | $1,242 | $58,700 |
| 2017 | $1,242 +10.3% | $58,700 +7.1% |
| 2016 | $1,126 | $54,800 |
| 2015 | $1,126 +9.1% | $54,800 +4.2% |
| 2014 | $1,032 | $52,600 |
| 2013 | -- | $52,600 -0.2% |
| 2012 | -- | $52,700 |
| 2011 | -- | $52,700 +3.5% |
| 2010 | -- | $50,900 |
| 2009 | -- | $50,900 +4.1% |
| 2008 | -- | $48,900 |
| 2007 | -- | $48,900 +12.4% |
| 2006 | -- | $43,500 |
| 2005 | -- | $43,500 +27.5% |
| 2003 | -- | $34,130 +1.3% |
| 2002 | -- | $33,680 |
| 2001 | -- | $33,680 |
Find assessor info on the county website
Neighborhood: Drake
Nearby schools
GreatSchools rating
- 6/10Perkins Elementary SchoolGrades: K-5Distance: 1.2 mi
- 3/10Meredith Middle SchoolGrades: 6-8Distance: 2.4 mi
- 2/10Hoover High SchoolGrades: 9-12Distance: 2.5 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.
Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.An equal housing lender. NMLS #10287.
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$104,700
2% more
+$2,094
With Zillow Showcase(estimated)
$106,794
- Iowa
- Polk County
- Des Moines
- 50311
- Drake
- 1557 27th St
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Des Moines Topics
