400 Walnut St Unit 403, Des Moines, IA, 50309

Location

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400 Walnut St Unit 403, Des Moines$185,000

Buyer Closing Credits

$2,197^*

1.25% Loan Amount

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1 (855) 200-2001

Property Highlights

Home TypeCondominium

ParkingDetached, Garage, One Car Garage

Garage1 space

Year Built1930

HeatingElectric, Forced Air

CoolingCentral Air

MLS #709060

StatusActive

About 400 Walnut St Unit 403

Take the first step in your investing career with this charming 1-bedroom, 1-bath condo right in the heart of Downtown Des Moines. Already a well performing Airbnb, this unit is waiting for its next host/homeowner to experience the very best of Des Moines! From the 4th floor you will enjoy light-filled living spaces, a beautiful view of downtown, and serenity all while being walking distance from the local farmer's market, restaurants, nightlife, and skywalk access. Seller is willing to negotiate the home furnishings with an acceptable offer.

Property Details

Property Features

Property Information:

Year Built: 1930
Living Area: 925 SqFt

Listing Office:

Office Name: RE/MAX Revolution
Office Phone: (515) 313-5269
Listing Agent: Grant Beck

Interior Features

Interior Information:

Appliances: Dryer, Dishwasher, Microwave, Refrigerator, Stove, Washer

Bedroom and Bathroom Information:

Full Bathrooms: 1
Total Bedroom Count: 1

Exterior Features

Parking Information:

Garage Space: 1 space
Attached Garage: No
Parking: Detached, Garage, One Car Garage

Utilities

Utilities Information:

Heating: Electric, Forced Air
Cooling: Central Air

Other

Directions Information:

Directions: From Grand Avenue, Turn South on 5th Avenue, then East on Walnut Street to Property.

Price Information

Listing Price Info

Price Summary:

List Price: $185,000
Price Per SqFt: $200/SqFt

HOA Fees:

Amount: $489
Frequency: Monthly

What can I afford?

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Housing Market Comparison

See how this home compares to others in Des Moines, IA.

Des Moines, IA

City

Med. Sold Price

$215K

Med. Price/SqFt

$190

Avg. Days On Market

# of Sold Homes

205

400 Walnut St Unit 403 vs Des Moines

1 DAY ON ROCKET

-33 Days

$185,000

-$30K Less

$200/SqFt

+$9 More

KEY TAKEAWAY

This property is $30K less than the Median Sold Price and $9/SqFt more than other homes in Des Moines, IA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

MLS Name: DMAAR
MLS Number: #709060

Listing Office:

Office Name: RE/MAX Revolution
Office Phone: (515) 313-5269
Listing Agent: Grant Beck

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange of the Des Moines Area Association of Realtors. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright© 2024 Des Moines Area Association of Realtors. All Rights Reserved
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/17/2024, 11:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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Annual Cost

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Mortgage Insurance

Monthly Premium

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Homeowners Insurance

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Monthly Premium

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Homeowners Association (HOA)

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

/10

Walnut Street Elementary School
901 Walnut St
Distance between this listing and this school0.29 miles
Public District Grades EE-5

/10

The Downtown School
1800 Grand Ave
Distance between this listing and this school0.98 miles
Public District Grades KG-5

/10

Edmunds Elementary School
950 15th St
Distance between this listing and this school1.00 miles
Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

How much money do the neighbors make?

50%

<35k

29%

35k-100k

12%

100k-200k

200k+

What level of education do the neighbors have?

Post Secondary: 45%
High School: 27%
Masters: 21%
Doctorate: 7%

What types of families live nearby?

83%

Single, No Kids

Single, with Kids

12%

Married, No Kids

Married, with Kids

Are the neighbors home owners or renters?

Renters: 78%
Home Owners: 22%

How old are people in this area?

<11 yrs old

12-17 yrs old

35%

18-34 yrs old

48%

35-64 yrs old

14%

65+ yrs old

What do the neighbors do for fun?

Major League Soccer (MLS)
NBA/WNBA
Yoga/pilates

Where do the neighbors shop?

Banana Republic
Express/Express For Men
H&M

Where do the neighbors go to eat?

Sonic
Starbucks
Dominos Pizza

What do the neighbors drive?

Infiniti
Pontiac
Audi

What do the neighbors listen to?

Urban Contemporary
Alternative
Jazz

The neighbors living near this home have an average income of $34,868. Typical income of Des Moines, IA residents is less than $35k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 400 Walnut St Unit 403

What is the listing price of this property?

The listing price of 400 Walnut St Unit 403 property is $185,000.

What type of property is this?

The property 400 Walnut St Unit 403 is a condo located in Des Moines, Iowa, 50309.

Is this property for sale now?

Active Listing: 400 Walnut St Unit 403 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 400 Walnut St Unit 403 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 400 Walnut St Unit 403 is 925 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 400 Walnut St Unit 403 is 1930.

Rocket Homes›Iowa›Polk County›Des Moines›50309›400 Walnut St Unit 403

This home is located at 400 Walnut St Unit 403 in Des Moines, IA and zip code 50309 in the Downtown Des Moines neighborhood. This 925 square foot home was built in 1930. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since December 16, 2024 and is currently priced at $185,000.

In November 2024 more than 34 listings in Des Moines, IA were sold above the asking price. During the same period more than 49 listings were sold at asking price, while more than 122 were sold below. Between October 2024 and November 2024, Des Moines, IA real estate market has seen decrease in the number of listings by 5.2%. The median list price of listings available in November 2024 was $215,000, while the average time on the real estate market was 34 days.

Location

Property Highlights

Property Details

Property Features

Interior Features

Exterior Features

Utilities

Other

Price Information

Listing Price Info

Housing Market Comparison

MLS Details

Property Sales & Tax

Payment Calculator

Schools

Schools Nearby

Neighborhood

What Are The Neighbors Like?

Frequently Asked Questions About 400 Walnut St Unit 403

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