$1,958 Closing Credit¹
#705564, Bo Cosens, Listing office: RE/MAX Precision
$159,900 List price
400 Walnut St Unit 1002 Des Moines, IA 50309
$1,899
Closing credit¹
1 bed
1 full
865 sqft
$185 / 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
- Full Bathrooms: 1
- Appliances: Dishwasher, Microwave, Refrigerator, Stove
- Interior: Dining Area
- Total Bedroom Count: 1
- Heating: Electric, Forced Air, Natural Gas
- Cooling: Central Air
- List Price: $159,900
- Price/SqFt: $184
- HOA Amount: $375 Monthly
- Directions: Head west on E Grand Ave toward Robert D Ray Dr Keep straight to get onto Grand Ave Turn left onto 3rd St 0.1 mi Turn right onto Walnut St Arrive at Walnut St The last intersection before your destination is 4th St If you reach 5th A
- Year Built: 1930
- Living Area: 865 SqFt
- 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: 6/28/2025, 11:45:30 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$159,900
400 Walnut St Unit 1002
$1,899
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.
Neighborhood
The neighbors living near this home have an average income of $34,868. Residents of Des Moines, IA typically earn less than $<35k each year. The most common type of family is 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)
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
All data provided by Home Junction and Claritas
Similar homes for sale
Frequently asked questions
About 400 Walnut St Unit 1002
The listing price of 400 Walnut St Unit 1002 property is $159,900.
The property 400 Walnut St Unit 1002 is a condo located in Des Moines, Iowa, 50309.
Active Listing: 400 Walnut St Unit 1002 is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 400 Walnut St Unit 1002 are: Walnut Street Elementary School (GreatSchools Rating 3/10), The Downtown School (GreatSchools Rating 5/10), Edmunds Elementary School (GreatSchools Rating 1/10), Hiatt Middle School (GreatSchools Rating 1/10), Callanan Middle School (GreatSchools Rating 4/10), Weeks Middle School (GreatSchools Rating 1/10), East High School (GreatSchools Rating 2/10), Lincoln High School (GreatSchools Rating 2/10), North High School (GreatSchools Rating 3/10).
The property at 400 Walnut St Unit 1002 has 1 bedroom and 1 bathroom.
The property 400 Walnut St Unit 1002 is 865 SqFt (source: MLS/tax record).
The year of construction for 400 Walnut St Unit 1002 is 1930.
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 $159,900.
Over 61 listings were sold over their listed price in May 2025 in Des Moines, IA. In the same period over 143 listings were sold below the listed price and 69 listings were sold for the listed price. Between April and May 2025, Des Moines, IA real estate market has seen increase in the number of listings by 0.9%. The median list price of listings available in May 2025 was $215,247, while the average time on the real estate market was 42 days.
From Rocket Homes Real Estate and based on county public records data.