$185,000

507 E Locust St Unit 308 Des Moines, IA 50309

$2,197
Closing credit¹
1 bed
1 bath
635 sqft
$291 / sqft
Condo

Property details

About 507 E Locust St Unit 308

Located in the heart of the East Village, this top-floor condo offers a perfect blend of historic charm and modern comfort. With original exposed brick, oversized windows, and sleek new LVP flooring, the space feels both warm and contemporary. Step out onto your large private balcony, ideal for relaxing or entertaining, and enjoy sweeping views of the neighborhood. Inside, the open layout features a renovated tiled shower and plenty of natural light. One of the rare downtown units with dedicated parking, you'll never have to search for a spot again. Just steps from Des Moines' best bars, restaurants, and entertainment, this one-bedroom, one-bath condo is made for those who want to fully embrace city living without the hassle. HOA covers trash, lawn care, snow removal, and exterior maintenance, making it an excellent low-maintenance option for frequent travelers or first-time buyers.

Highlights

Home typeCondominium
HeatingForced Air, Natural Gas
StatusActive
CoolingCentral Air
Size635 sqft
BasementYes
Year built1900
MLS #720447

Summary

  • Appliances: Dishwasher, Microwave, Refrigerator, Stove
  • Basement: Yes
  • Flooring Type: Tile, Vinyl
  • Interior: Eat-in Kitchen, Window Treatments
  • Total Bedroom Count: 1
  • Exterior: Deck
  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air
  • List Price: $185,000
  • Price/SqFt: $291
  • HOA Amount: $252 Monthly
  • Annual Tax Amount: $3,458
  • Tax Year: 2023
  • Directions: Head south on E 6th ST and turn west onto E Locust St. Park on Locust for easiest access to the building.
  • Year Built: 1900
  • Living Area: 635 SqFt
  • MLS Number: 720447
  • MLS Name: DMAAR
  • Office Name: RE/MAX Concepts
  • Office Phone: (515) 276-2872
  • Listing Agent: Steve Stych

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: 6/18/2025, 3:45:27 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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507 E Locust St Unit 308, Des Moines, IA 50309 - view of commercial location

$185,000

507 E Locust St Unit 308

$2,197

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
Jul 28, 2021
Home Sold
$160,000
Dec 12, 2008
Home Sold
$152,000
Sep 20, 2005
Home Sold
$136,000

Tax history

YearAssessmentProperty Tax
2023$170,900$3,458
2021$153,400$3,458
2020$133,400$3,458
2019$133,400$2,932
2018$110,200$2,932
2017$110,200$3,140

History based on county public records data.

Nearby schools

1

Carver Elementary School

Public District KG-5

0.6 mi

705 E University Ave

1

Capitol View Elementary School

Public District EE-5

0.9 mi

320 E 16th St

3

Walnut Street Elementary School

Public District EE-5

1.0 mi

901 Walnut 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 $23,458. The most common annual income of people living in Des Moines, IA is less than $<35k. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.

How much money do the neighbors make?

67%
<35k
26%
35k-100k
6%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

66%
Single, No Kids
20%
Single, with Kids
8%
Married, No Kids
6%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

24%
<11 yrs old
6%
12-17 yrs old
35%
18-34 yrs old
27%
35-64 yrs old
8%
65+ yrs old

What do the neighbors do for fun?

  • NBA/WNBANBA/WNBA
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Pro WrestlingPro Wrestling

Where do the neighbors shop?

  • Express/Express For MenExpress/Express For Men
  • Banana RepublicBanana Republic
  • BurlingtonBurlington

Where do the neighbors go to eat?

  • StarbucksStarbucks
  • SonicSonic
  • Cicis PizzaCicis Pizza

What do the neighbors drive?

  • PontiacPontiac
  • InfinitiInfiniti
  • DodgeDodge

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • JazzJazz
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

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Frequently asked questions

About 507 E Locust St Unit 308

The listing price of 507 E Locust St Unit 308 property is $185,000.

The property 507 E Locust St Unit 308 is a condo located in Des Moines, Iowa, 50309.

Active Listing: 507 E Locust St Unit 308 is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 507 E Locust St Unit 308 are: Carver Elementary School (GreatSchools Rating 1/10), Capitol View Elementary School (GreatSchools Rating 1/10), Walnut Street Elementary School (GreatSchools Rating 3/10), 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), North High School (GreatSchools Rating 3/10), Lincoln High School (GreatSchools Rating 2/10).

According to the records, the last property tax for 2023 is $3,458 (source: MLS/based on county public records data).

The last sale was on July 28, 2021 for $160,000 (source: MLS/tax record).

The property at 507 E Locust St Unit 308 has 1 bedroom and 1 bathroom.

The property 507 E Locust St Unit 308 is 635 SqFt (source: MLS/tax record).

The year of construction for 507 E Locust St Unit 308 is 1900.

This home is located at 507 E Locust St Unit 308 in Des Moines, IA and zip code 50309 in the Historic East Village neighborhood. This 635 square foot home was built in 1900. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since June 17, 2025 and is currently priced at $185,000.

In May 2025, from all listings sold in Des Moines, IA there were more than 61 sold above asking price, over 143 sold below and more than 69 were sold right at the asked price. In May 2025 in Des Moines, IA there were 0.9% more homes for sale than in April. In May 2025, listings were on the market for 42 days. During the same period, the median list price in this real estate market was $215,247.

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

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