Looking to grow your investment portfolio or dive into house-hacking? Don’t miss this updated duplex at 2631 E Walnut St in Des Moines! Each unit offers 2 bedrooms and one 3/4 bath, featuring vinyl flooring for easy maintenance and a modern touch. Seller has always advertised as 1 1/2 bedrooms as the 2nd BR is small and has a shared closet. The unfinished lower level in both units provides valuable extra space—perfect for storage, hobbies, or future expansion. An egress window could be added to create an additional bedroom, increasing rental potential.
The property includes a fenced yard and a 1-car garage for each unit, offering convenience and privacy for tenants or owner-occupants. The roof is newer, adding peace of mind for investors. Units are clean and move-in ready—2633 is currently leased month-to-month, offering immediate rental income with flexibility. Whether you’re a seasoned investor or just getting started, this is a solid opportunity in a desirable location. Live in one side and rent the other, or add a great property to your rental portfolio. Schedule your showing today and start building wealth through real estate!
Sold for $205,000
$205,000
2631 E Walnut St, Des Moines, IA 50317
4beds
1,376sqft
Duplex, Multi Family, Multi Family
Built in 1962
-- sqft lot
$203,600 Zestimate®
$149/sqft
$1,170 Estimated rent
Home value
$203,600
$191,000 - $218,000
$1,170/mo
Zestimate® history
Owner options
List your home for rent
$1,170/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$1,170/mo
Rent Zestimate®
Refinance and save
$1,462/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$1,462/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
Unfinished lower levelVinyl flooringFenced yardValuable extra spaceClean and move-in ready
Zillow last checked:
Listing updated:
Listed by:
Megan Hill Mitchum (515)290-8269,
Century 21 Signature
Bought with:
CH Tan
Century 21 Signature
Source: DMMLS,MLS#: 714151
Originating MLS: Des Moines Area Association of REALTORS
Originating MLS: Des Moines Area Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- 3/4 bathrooms: 2
Heating
- Hot Water, Natural Gas
Cooling
- Window Unit(s)
Appliances
- Included: Dryer, Microwave, Refrigerator, Stove, Washer
Features
- Flooring: Vinyl
- Basement: Partially Finished,Unfinished
Interior area
- Total structure area: 1,376
- Total interior livable area: 1,376 sqft
- Finished area below ground: 150
Property
Parking
- Total spaces: 2
- Parking features: Detached, Garage, Two Car Garage
- Garage spaces: 2
Lot
- Size: 8,799 sqft
- Features: Rectangular Lot
Details
- Parcel number: 05000123000000
- Zoning: Res
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Duplex
- Property subtype: Duplex, Multi Family, Multi Family
Materials
- Foundation: Block
- Roof: Asphalt,Shingle
Condition
- Year built: 1962
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Location
- Region: Des Moines
Other
Other facts
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Concrete
Price history
| Date | Event | Price |
|---|---|---|
| 5/1/2025 | Sold | $205,000$149/sqft |
Source:  DMMLS #714151 Report a problem | ||
| 3/28/2025 | Pending sale | $205,000$149/sqft |
Source: DMMLS #714151 Report a problem | ||
| 3/26/2025 | Listed for sale | $205,000+102%$149/sqft |
Source: DMMLS #714151 Report a problem | ||
| 10/17/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 10/8/2023 | Listed for rent | $875+16.7%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/18/2021 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 1/10/2021 | Listed for rent | $750$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 3/23/2019 | Listing removed | $750$1/sqft |
Source: Owner Report a problem | ||
| 2/22/2019 | Listed for rent | $750$1/sqft |
Source: Owner Report a problem | ||
| 5/18/2006 | Sold | $101,500$74/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,250 +2.1% | $186,400 +15.1% |
| 2024 | $3,184 +8.2% | $161,900 |
| 2023 | $2,942 +0.8% | $161,900 +29.7% |
| 2022 | $2,918 +8.1% | $124,800 |
| 2021 | $2,700 -3.8% | $124,800 +15.3% |
| 2020 | $2,806 +9.4% | $108,200 |
| 2019 | $2,564 +1% | $108,200 +13.4% |
| 2018 | $2,538 | $95,400 |
| 2017 | $2,538 +13.2% | $95,400 +12.1% |
| 2016 | $2,242 | $85,100 |
| 2015 | $2,242 +3% | $85,100 +0.1% |
| 2014 | $2,176 | $85,000 |
| 2013 | -- | $85,000 -13.1% |
| 2012 | -- | $97,800 |
| 2011 | -- | $97,800 -6.7% |
| 2010 | -- | $104,800 |
| 2009 | -- | $104,800 +1.3% |
| 2008 | -- | $103,500 |
| 2007 | -- | $103,500 -8.8% |
| 2006 | -- | $113,500 |
| 2005 | -- | $113,500 +6.3% |
| 2003 | -- | $106,740 +32.1% |
| 2002 | -- | $80,800 |
| 2001 | -- | $80,800 |
Find assessor info on the county website
Neighborhood: Fairground
Nearby schools
GreatSchools rating
- 4/10Capitol View Elementary SchoolGrades: PK-5Distance: 1.4 mi
- 1/10Hiatt Middle SchoolGrades: 6-8Distance: 1.8 mi
- 2/10East High SchoolGrades: 9-12Distance: 1.8 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 .
$203,600
2% more
+$4,072
With Zillow Showcase(estimated)
$207,672
- Iowa
- Polk County
- Des Moines
- 50317
- Fairground
- 2631 E Walnut St
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Des Moines Topics
