Potential for mid term, short term and long term rental
Proximity to Drake would allow for house-hacking
One 2 bed, 1 bath; One potential 3 bed, 1 bath unit
Great rental potential
Invest DSM lending zone
Turn key property
Garage for tenants or additional rental income
Potential for mid term, short term and long term rental
Proximity to Drake would allow for house-hacking
One 2 bed, 1 bath; One potential 3 bed, 1 bath unit
Exciting investment opportunity in the heart of the Drake area! This well-cared-for up-down duplex at 1064 27th offers versatile layouts and strong 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 or office setup.
Both units enjoy roomy bedrooms, natural light, and loads of character. A detached 2-car garage provides parking or additional rental income opportunities, and tenants will appreciate the shared laundry located in the basement. Recent updates include a new roof and vinyl windows in good condition. With market rents estimated at $1,200+ per unit, this property is a smart income producer or house-hacking option.
Located within the InvestDSM neighborhood boundaries, this duplex benefits from the area’s ongoing revitalization and growth. Close to Drake University, local hospitals, shops, restaurants, and with quick access to the entire metro, this property is well-suited for long-term, mid-term, or short-term rental opportunities. Turnkey and ready for its next owner!