Discover an incredible opportunity to own a beautifully remodeled home in Des Moines!
This move-in-ready property
features 2 bedrooms, 2 bathrooms, plus 2 non-conforming bedrooms, providing flexible space for guests, a home office,
workout room, or hobby area. The home underwent a complete remodel in 2024, including a new central air
conditioning system, new water heater, and new sump pump, giving buyers added peace of mind.
Previously rented for $1,800 per month, this property offers excellent potential as an owner-occupied home or
investment opportunity. Enjoy the convenience of off-street parking and a functional layout with plenty of versatile
living space.
Whether you're looking to expand your rental portfolio or purchase an affordable, updated home, this property is one
you won't want to miss. Schedule your private showing today!
This property is located in the Neighborhood Finance Corporation (NFC) lending area. Qualified buyers who finance through NFC may be eligible for a $15,000 forgivable renovation grant, making it a great opportunity to help fund improvements such as a new roof and siding. Eligibility requirements and program details attached
For sale
Price cut: $10K (8/17)
$125,000
2724 College Ave, Des Moines, IA 50311
2beds
702sqft
Single Family Residence, Residential
Built in 1896
6,969 Square Feet Lot
$120,600 Zestimate®
$178/sqft
$-- HOA
What's special
Off-street parkingNew sump pumpMove-in-ready propertyNew water heater
- 46 days |
- 786 |
- 83 |
Zillow last checked:
Listing updated:
Listed by:
Lora Ahrens Olerich 515-432-8872,
Heartland Realty,
Cassidy Frank 515-432-8872,
Heartland Realty
Source: CIBR,MLS#: 70711
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- 3/4 bathrooms: 2
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
- Laundry: Main Level
Features
- Ceiling Fan(s)
- Flooring: Luxury Vinyl
- Windows: Window Treatments
- Basement: Full,Sump Pump
Interior area
- Total structure area: 702
- Total interior livable area: 702 sqft
- Finished area above ground: 520
- Finished area below ground: 400
Property
Lot
- Size: 6,969 Square Feet
Details
- Parcel number: 080/03754000000
- Zoning: Res
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence, Residential
Materials
- Foundation: Brick/Mortar
Condition
- Year built: 1896
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: $178/sqft
- Tax assessed value: $123,700
- Annual tax amount: $2,168
- Date on market: 7/12/2026
Estimated market value
$120,600
$115,000 - $127,000
$1,289/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/17/2026 | Price change | $125,000-7.4%$178/sqft |
Source:  CIBR #70711 Report a problem | ||
| 7/12/2026 | Listed for sale | $135,000-9.9%$192/sqft |
Source: CIBR #70711 Report a problem | ||
| 7/1/2026 | Listing removed | $149,900$214/sqft |
Source:  DMMLS #736282 Report a problem | ||
| 4/28/2026 | Price change | $149,900-5.7%$214/sqft |
Source: DMMLS #736282 Report a problem | ||
| 4/1/2026 | Price change | $159,000-3%$226/sqft |
Source: DMMLS #736282 Report a problem | ||
| 3/13/2026 | Price change | $164,000-3%$234/sqft |
Source: DMMLS #736282 Report a problem | ||
| 8/28/2025 | Listed for sale | $169,000-8.6%$241/sqft |
Source: Owner Report a problem | ||
| 8/2/2025 | Listing removed | $1,800$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/18/2025 | Listed for rent | $1,800$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/13/2025 | Listing removed | $1,800$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/14/2025 | Price change | $1,800-10%$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/5/2025 | Listed for rent | $2,000+11.1%$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/5/2025 | Listing removed | -- |
Source: Owner Report a problem | ||
| 3/16/2025 | Price change | $185,000-9.8%$264/sqft |
Source: Owner Report a problem | ||
| 1/22/2025 | Price change | $205,000-6.4%$292/sqft |
Source: Owner Report a problem | ||
| 11/26/2024 | Listed for sale | $219,000+82.5%$312/sqft |
Source: Owner Report a problem | ||
| 7/2/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 6/22/2024 | Price change | $1,800-10%$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/19/2024 | Price change | $2,000-9.1%$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/10/2024 | Listed for rent | $2,200$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/6/2024 | Sold | $120,000-7.7%$171/sqft |
Source: DMMLS #686570 Report a problem | ||
| 12/20/2023 | Pending sale | $130,000$185/sqft |
Source: DMMLS #686570 Report a problem | ||
| 12/13/2023 | Listed for sale | $130,000+52.9%$185/sqft |
Source: DMMLS #686570 Report a problem | ||
| 8/31/2020 | Sold | $85,000-16.7%$121/sqft |
Source: DMMLS #606004 Report a problem | ||
| 8/5/2020 | Pending sale | $102,000$145/sqft |
Source: Coldwell Banker Mid America #606004 Report a problem | ||
| 6/15/2020 | Listed for sale | $102,000+48%$145/sqft |
Source: Coldwell Banker Mid America #606004 Report a problem | ||
| 7/19/2017 | Sold | $68,900+317.6%$98/sqft |
Source: DMMLS #529087 Report a problem | ||
| 7/10/2013 | Sold | $16,500-60.1%$24/sqft |
Source: Public Record Report a problem | ||
| 5/1/2013 | Sold | $41,372+0.9%$59/sqft |
Source: Public Record Report a problem | ||
| 5/31/2000 | Sold | $41,000$58/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,168 +2.1% | $123,700 +14.5% |
| 2024 | $2,124 +1.8% | $108,000 |
| 2023 | $2,086 +0.8% | $108,000 +22% |
| 2022 | $2,070 +19.4% | $88,500 |
| 2021 | $1,734 -3.5% | $88,500 +13.3% |
| 2020 | $1,796 +10.3% | $78,100 |
| 2019 | $1,628 -11.4% | $78,100 +13% |
| 2018 | $1,838 | $69,100 |
| 2017 | $1,838 +1.5% | $69,100 +0.6% |
| 2016 | $1,810 | $68,700 |
| 2015 | $1,810 +54.4% | $68,700 +25.6% |
| 2014 | $1,172 | $54,700 |
| 2013 | -- | $54,700 +0.4% |
| 2012 | -- | $54,500 |
| 2011 | -- | $54,500 |
| 2010 | -- | $54,500 |
| 2009 | -- | $54,500 |
| 2008 | -- | $54,500 |
| 2007 | -- | $54,500 +14% |
| 2006 | -- | $47,800 |
| 2005 | -- | $47,800 +15.6% |
| 2003 | -- | $41,350 +13.6% |
| 2002 | -- | $36,410 |
| 2001 | -- | $36,410 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Drake
Nearby schools
GreatSchools rating
- 3/10Perkins Elementary SchoolGrades: K-5Distance: 1.1 mi
- 5/10Meredith Middle SchoolGrades: 6-8Distance: 2.3 mi
- 3/10Hoover High SchoolGrades: 9-12Distance: 2.4 mi
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