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For sale
  • $175,000

    400 Walnut St Suite 403, Des Moines, IA 50309

    1beds
    925sqft
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    Townhouse, Condominium, Multi Family, Apartment
    Built in 1930
    -- sqft lot
    $171,900 Zestimate®
    $189/sqft
    $473/mo HOA

    What's special

    Live in the center of it all at the Historic Kirkwood Hotel! Built in 1930 and transformed into luxury condos in 2018, this fully furnished 1-bedroom, 1-full bath home offers 925 sq. ft. of stylish downtown living. Oversized- East facing windows fill the space with natural light, highlighting a modern design with historic character. The building offers amenities including a fitness center, secure entrance & lower-level storage. Step outside your door at 400 Walnut Street and explore all that downtown Des Moines has to offer: restaurants, coffee shops, nightlife, concerts, the Sculpture Park, the farmers market, and the skywalk system are all just a short walk away. Investor-friendly with flexible options for AirBnB, short-term, or long-term rental. Whether you're looking for a chic downtown home or an income-producing property, this condo checks all the boxes! *One covered parking space in attached garage can be rented $120/month! Pet friendly!
    4 hours
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    Zillow last checked:

    Listing updated:

    Listed by:

    Shannon Salmon 612-327-6536,

    RE/MAX Concepts

    Source: DMMLS,MLS#: 741099MLS LogoOriginating MLS: Des Moines Area Association of REALTORS

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 1
      • Bathrooms: 1
      • Full bathrooms: 1
      • Main level bedrooms: 1
      Heating
      • Electric, Forced Air
      Cooling
      • Central Air
      Appliances
      • Included: Dryer, Dishwasher, Microwave, Refrigerator, Stove, Washer
      • Laundry: Main Level
      Features
      • Dining Area, Eat-in Kitchen, Window Treatments
      • Flooring: Tile
      Interior area
      • Total structure area: 925
      • Total interior livable area: 925 sqft

      Property

      Parking
      • Total spaces: 1
      • Parking features: Detached, Garage, One Car Garage
      • Garage spaces: 1
      Details
      • Parcel number: 02001715002012
      • Zoning: DX1

      Construction

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

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Features: Fitness, Sauna, Storage Facilities
      • Security: Fire Alarm, Smoke Detector(s)
      HOA
      • Has HOA: Yes
      • Services included: Maintenance Grounds, Maintenance Structure, Snow Removal, Trash
      • HOA fee: $473 monthly
      • HOA name: Kirkwood Commons
      • Second HOA name: Kouri Management
      • Second HOA phone: 515-369-6000
      Location
      • Region: Des Moines

      Financial & listing details

      • Price per square foot: $189/sqft
      • Tax assessed value: $162,600
      • Annual tax amount: $3,060
      • Date on market: 5/19/2026
      • Cumulative days on market: 410 days
      • Listing terms: Cash,Conventional,FHA,VA Loan
      • Road surface type: Concrete

        Estimated market value

        $171,900

        $163,000 - $180,000

        $1,484/mo

        Price history

        DateEventPrice
        7/15/2026Listed for sale$175,000$189/sqft
        Source: DMMLS #741099 Report a problem
        6/29/2026Pending sale$175,000$189/sqft
        Source: DMMLS #741099 Report a problem
        5/19/2026Listed for sale$175,000$189/sqft
        Source: DMMLS #741099 Report a problem
        5/15/2026Listing removed$175,000$189/sqft
        Source: DMMLS #732349 Report a problem
        4/28/2026Listing removed$2,000$2/sqft
        Source: Zillow Rentals Report a problem
        4/28/2026Price change$175,000-2.2%$189/sqft
        Source: DMMLS #732349 Report a problem
        3/4/2026Price change$179,000-5.3%$194/sqft
        Source: DMMLS #732349 Report a problem
        1/6/2026Listed for sale$189,000-8.2%$204/sqft
        Source: DMMLS #732349 Report a problem
        1/1/2026Listing removed$205,900$223/sqft
        Source: DMMLS #727315 Report a problem
        9/30/2025Listed for sale$205,900$223/sqft
        Source: DMMLS #727315 Report a problem
        9/24/2025Listing removed$205,900$223/sqft
        Source: DMMLS #717025 Report a problem
        4/30/2025Listed for sale$205,900+9.5%$223/sqft
        Source: DMMLS #717025 Report a problem
        4/22/2025Listed for rent$2,000-12.9%$2/sqft
        Source: Zillow Rentals Report a problem
        4/2/2025Sold$188,000+1.6%$203/sqft
        Source: DMMLS #709060 Report a problem
        2/27/2025Pending sale$185,000$200/sqft
        Source: DMMLS #709060 Report a problem
        12/16/2024Listed for sale$185,000$200/sqft
        Source: DMMLS #709060 Report a problem
        10/30/2024Listing removed$185,000$200/sqft
        Source: DMMLS #700445 Report a problem
        8/5/2024Listed for sale$185,000$200/sqft
        Source: DMMLS #700445 Report a problem
        8/2/2024Listing removed--
        Source: DMMLS #697053 Report a problem
        6/11/2024Listed for sale$185,000+27.6%$200/sqft
        Source: DMMLS #697053 Report a problem
        8/26/2022Listing removed--
        Source: Zillow Rental Manager Report a problem
        7/28/2022Listed for rent$2,295$2/sqft
        Source: Zillow Rental Manager Report a problem
        8/13/2021Sold$145,000-3.3%$157/sqft
        Source: DMMLS #633116 Report a problem
        4/27/2021Listing removed--
        Source: DMMLS Report a problem
        3/22/2021Price change$150,000-3.2%$162/sqft
        Source: DMMLS #620679 Report a problem
        1/15/2021Listed for sale$155,000-6.1%$168/sqft
        Source: Platinum Realty LLC #620679 Report a problem
        5/3/2019Sold$165,000$178/sqft
        Source: DMMLS #581959 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,246 +2%$162,600 +0.6%
        2024$3,182 -16.5%$161,700
        2023$3,810 +0.7%$161,700
        2022$3,782 -11%$161,700
        2021$4,248 -3.7%$161,700 -5%
        2020$4,412 -3.5%$170,200
        2019$4,574 +17.4%$170,200
        2018$3,896 $170,200
        2017$3,896 +947.3%$170,200 +53.7%
        2016$372 $110,740
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Downtown Des Moines

        Getting around

        94 / 100
        Walker's Paradise
        62 / 100
        Good Transit
        66 / 100
        Bikeable

        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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