#710888, Marc Olson, Listing Office: Re/max Concepts-Nevada
400 Walnut St Unit 1002 Des Moines, IA 50309
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
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: $162,000
- Price/SqFt: $187
- HOA Amount: $375
- HOA Frequency: 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: 5/9/2025, 12:20:28 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹

$162,000
400 Walnut St Unit 1002
$1,924
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
We're sorry, we currently don't have tax history data for this listing.
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. The majority of Des Moines, IA residents have income less than $<35k annually. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.
Similar homes for sale
Frequently asked questions
About 400 Walnut St Unit 1002
The listing price of 400 Walnut St Unit 1002 property is $162,000.
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 $162,000.
While more than 49 listings in Des Moines, IA in April 2025 were sold above asking price, there were more than 58 listings sold at asking price, and more than 141 were sold below. The inventory of homes for sale in Des Moines, IA between March and April 2025 increased by 7.2%. In April 2025 median list price was $215,000 and the average listing age was 41 days.