1064 27th St, Des Moines, IA 50311

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!