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Sold for $162,000
    • $162,000

    400 Walnut St Ste 502, Des Moines, IA 50309

    1beds
    865sqft
    Townhouse, Condominium, Multi Family, Apartment
    Built in 1930
    -- sqft lot
    $163,800 Zestimate®
    $187/sqft
    $1,248 Estimated rent

    Home value

    $163,800

    $152,000 - $177,000

    $1,248/mo

    Zestimate® history
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    What's special

    Prime Investment Opportunity in the Heart of Downtown Des Moines! This exceptional property allows for both short-term and long-term rentals, offering unmatched flexibility. Enjoy easy access to the city's best restaurants and shopping just steps away. The property includes parking, a sauna, an exercise room, and an additional storage unit. Best of all, it comes fully furnished and ready to rent or move in immediately!

    Zillow last checked:

    Listing updated:

    Listed by:

    David Rodriguez 515-619-8150,

    RE/MAX Precision

    Bought with:

    Misty Darling

    BH&G Real Estate Innovations

    Source: DMMLS,MLS#: 703141MLS LogoOriginating MLS: Des Moines Area Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bedrooms: 1
    Heating
    • Forced Air, Gas, Natural Gas
    Cooling
    • Central Air
    Appliances
    • Included: Dryer, Dishwasher, Microwave, Refrigerator, Stove, Washer
    Interior area
    • Total structure area: 865
    • Total interior livable area: 865 sqft

    Property

    Details
    • Parcel number: 02001715002016
    • Zoning: DX1

    Construction

    Type & style
    • Home type: Townhouse
    • Property subtype: Townhouse, Condominium, Multi Family, Apartment
    • Attached to another structure: Yes
    Materials
    • Brick
    • Roof: Asphalt,Shingle
    Condition
    • Year built: 1930

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Fitness, Sauna, Storage Facilities
    HOA
    • Has HOA: Yes
    • HOA fee: $375 monthly
    • HOA name: Kirkwood Condominiums
    • Second HOA name: Kirkwood Condominiums
    Location
    • Region: Des Moines

    Financial & listing details

    • Price per square foot: $187/sqft
    • Tax assessed value: $152,000
    • Annual tax amount: $2,976
    • Date on market: 9/4/2024
    • Cumulative days on market: 132 days
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Road surface type: Concrete

    Price history

    DateEventPrice
    2/28/2025Sold$162,000-3.2%$187/sqft
    Source: DMMLS #703141 Report a problem
    12/10/2024Pending sale$167,400$194/sqft
    Source: DMMLS #703141 Report a problem
    11/7/2024Listing removed$2,700$3/sqft
    Source: Zillow Rentals Report a problem
    9/19/2024Price change$167,400-1.5%$194/sqft
    Source: DMMLS #703141 Report a problem
    9/4/2024Listed for sale$169,900-0.1%$196/sqft
    Source: DMMLS #703141 Report a problem
    8/5/2024Listing removed$170,000$197/sqft
    Source: DMMLS #700003 Report a problem
    7/30/2024Listed for sale$170,000+3%$197/sqft
    Source: DMMLS #700003 Report a problem
    5/15/2024Listed for rent$2,700$3/sqft
    Source: Zillow Rentals Report a problem
    4/16/2024Listing removed--
    Source: Zillow Rentals Report a problem
    1/6/2024Listed for rent$2,700$3/sqft
    Source: Zillow Rentals Report a problem
    3/1/2022Sold$165,000$191/sqft
    Source: DMMLS #645433 Report a problem
    2/9/2022Pending sale$165,000$191/sqft
    Source: DMMLS #645433 Report a problem
    2/9/2022Listed for sale$165,000$191/sqft
    Source: DMMLS #645433 Report a problem
    7/12/2021Listing removed--
    Source: DMMLS #620678 Report a problem
    6/30/2021Pending sale$165,000$191/sqft
    Source: DMMLS #620678 Report a problem
    6/24/2021Price change$165,000+13.8%$191/sqft
    Source: DMMLS #620678 Report a problem
    6/15/2021Price change$145,000-1.7%$168/sqft
    Source: DMMLS #620678 Report a problem
    5/18/2021Price change$147,500-1.6%$171/sqft
    Source: DMMLS #620678 Report a problem
    5/3/2021Price change$149,900-0.1%$173/sqft
    Source: DMMLS #620678 Report a problem
    3/22/2021Price change$150,000-3.2%$173/sqft
    Source: DMMLS #620678 Report a problem
    1/15/2021Listed for sale$155,000-3.1%$179/sqft
    Source: Platinum Realty LLC #620678 Report a problem
    7/20/2018Sold$160,000+0.1%$185/sqft
    Source: DMMLS #552712 Report a problem
    6/22/2018Pending sale$159,900$185/sqft
    Source: EXIT Realty Capital City #552712 Report a problem
    4/16/2018Price change$159,900-0.7%$185/sqft
    Source: EXIT Realty Capital City #552712 Report a problem
    3/7/2018Listed for sale$161,000$186/sqft
    Source: EXIT Realty Capital City #552712 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,038 -3.2%$152,000 +0.5%
    2024$3,140 -12%$151,300
    2023$3,566 +0.8%$151,300
    2022$3,538 -10.9%$151,300
    2021$3,972 -3.8%$151,300 -5%
    2020$4,128 -3.5%$159,200
    2019$4,278 +17.3%$159,200
    2018$3,646 $159,200
    2017$3,646 +947.7%$159,200 +53.8%
    2016$348 $103,510
    Find assessor info on the county website

    Neighborhood: Downtown Des Moines

    Nearby homes

    Nearby schools

    GreatSchools rating
    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.

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    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
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    With Zillow Showcase(estimated)
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