$164,900

400 Walnut St Unit 1002 Des Moines, IA 50309

$1,958
Closing credit¹
1 bed
1 full
865 sqft
$191 / sqft
Condo

Property details

About 400 Walnut St Unit 1002

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! All information obtained from seller and public records.

Highlights

Home typeCondominium
HeatingElectric, Forced Air, Natural Gas
StatusActive
CoolingCentral Air
Size865 sqft
Year built1930
MLS #712847

Summary

  • MLS Number: 712847
  • MLS Name: DMAAR
  • Office Name: RE/MAX Precision
  • Office Phone: (515) 223-9492
  • Office Email: info@precisiondsm.com
  • Listing Agent: David Rodriguez

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© 2025 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: 3/14/2025, 4:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$164,900

400 Walnut St Unit 1002

$1,958

closing credit¹

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Price information

Property sales

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Tax history

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Nearby schools

3

Walnut Street Elementary School

Public District EE-5

0.3 mi

901 Walnut St

5

The Downtown School

Public District KG-5

1.0 mi

1800 Grand Ave

1

Edmunds Elementary School

Public District KG-5

1.0 mi

950 15th St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $34,868. Most Des Moines, IA residents have annual incomes less than $<35k. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

50%
<35k
29%
35k-100k
12%
100k-200k
9%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

83%
Single, No Kids
3%
Single, with Kids
12%
Married, No Kids
2%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

2%
<11 yrs old
1%
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)Major League Soccer (MLS)
  • NBA/WNBANBA/WNBA
  • Yoga/pilatesYoga/pilates

Where do the neighbors shop?

  • Banana RepublicBanana Republic
  • Express/Express For MenExpress/Express For Men
  • H&MH&M

Where do the neighbors go to eat?

  • SonicSonic
  • StarbucksStarbucks
  • Dominos PizzaDominos Pizza

What do the neighbors drive?

  • InfinitiInfiniti
  • PontiacPontiac
  • AudiAudi

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • AlternativeAlternative
  • JazzJazz
All data provided by Home Junction and Claritas

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Frequently asked questions

About 400 Walnut St Unit 1002

This home is located at 400 Walnut St Unit 1002 in Des Moines, IA and zip code 50309 in the Downtown Des Moines neighborhood. This 865 square foot home was built in 1930. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since March 4, 2025 and is currently priced at $164,900.

Over 16 listings were sold over their listed price in February 2025 in Des Moines, IA. In the same period over 92 listings were sold below the listed price and 37 listings were sold for the listed price. In February 2025 in Des Moines, IA there were 0.4% more homes for sale than in January. In February 2025 median list price was $215,530 and the average listing age was 50 days.

From Rocket Homes Real Estate and based on county public records data.

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