$159,900

400 Walnut St, Unit 1102 Des Moines, IA 50309

Downtown Des Moines Neighborhood

Estimated payment $1,529/month

Total Views 61
1 Bed
1 Bath
865 Sq Ft
$185 Price per Sq Ft

Highlights

  • Fitness Center
  • Sauna
  • Forced Air Heating System
  • Main Floor Primary Bedroom
  • Home Gym
  • 1-minute walk to Cowles Commons

About This Home

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!

Listing Agent

David Rodriguez

RE/MAX Precision Listed on: 12/12/2025

RE/MAX Precision

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,860

Year Built

  • Built in 1930

HOA Fees

  • $450 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Rolled or Hot Mop Roof

Interior Spaces

  • 865 Sq Ft Home
  • Home Gym

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 02001715002046

Community Details

Overview

  • Kouri Management Association, Phone Number (515) 421-9041

Amenities

  • Sauna

Recreation

  • Fitness Center

Pet Policy

  • Breed Restrictions

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,860

Year Built

Built in 1930

Lot Details

0

HOA Fees

$450 per month

Listing Details

  • Property Type: Residential
  • Property Subtype: Condo-Townhome
  • Style: Apartment Style
  • Lp Amt Sq Ft: 184.86
  • Natl Assocof Home Builders: No
  • Termite: Follow Showing Instructions
  • Unit: 1102
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • First Floor Full Bathrooms: 1
  • Basement Description: Slab
  • Other Rooms: Exercise Room
  • Included Items: Dishwasher, Microwave, Refrigerator, Stove
  • Living Area Sq Ft: 865
  • Total Sq Ft: 865

Exterior Features

  • Exterior: Brick
  • Roof: Roll Roofing
  • Street Feature: Concrete, Public Sidewalk

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: See Remarks
  • Heat: Electric Forced Air

Association/Amenities

  • Amenities: Exercise Room, Pet Restrictions, Sauna
  • HOA Name: Kirkwood Commons HOA
  • Management Firm: Kouri Management
  • Management Firm Phone: (515) 421-9041

Condo/Co-op/Association

  • Association Fee: 450.0000
  • Association Fee Term: Month
  • Association Fee: Yes

Green Features

  • Additional Green Features: No
  • ENERGYSTAR qualified New Home: No
  • HERS Rating: No
  • Leed For Homes: No
  • Solar: No

Lot Info

  • Assessor Parcel Number: 02001715002046
  • Zoning: R

Multi Family

  • Geo Solar Thermal: No

Tax Info

  • Gross Taxes: 2860.00
  • Net Taxes: 2860.00

MLS Schools

  • School District: Des Moines Independent

Map

About This Building

Range of Values:

--
Value Increase
--
Percent Increase
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Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,976 $152,000 $9,700 $142,300
2024 $2,976 $151,300 $9,700 $141,600
2023 $3,566 $151,300 $9,700 $141,600
2022 $3,538 $151,300 $9,700 $141,600
2021 $4,128 $151,300 $9,700 $141,600
2020 $4,128 $159,200 $10,200 $149,000
2019 $4,278 $159,200 $10,200 $149,000
2018 $3,646 $159,200 $10,200 $149,000
2017 $1,022 $159,200 $10,200 $149,000
2016 $348 $103,510 $10,180 $93,330
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/12/2025 12/12/25 For Sale $159,900 +3.2% $185 / Sq Ft
03/01/2022 03/01/22 Sold $155,000 -6.1% $179 / Sq Ft View Prior Sale
03/01/2022 03/01/22 Pending -- -- --
02/08/2022 02/08/22 For Sale $165,000 +3.6% $191 / Sq Ft
02/13/2017 02/13/17 Sold $159,240 -0.5% $184 / Sq Ft View Prior Sale
01/14/2017 01/14/17 Pending -- -- --
06/16/2016 06/16/16 For Sale $160,000 -- $185 / Sq Ft
Source: Des Moines Area Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $150,000 None Listed On Document
Warranty Deed $150,000 None Available
Warranty Deed $159,500 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $360,000 New Conventional
Source: Public Records

Source: Des Moines Area Association of REALTORS®

MLS Number: 731584

Des Moines Area Association of REALTORS®

APN: 020-01715002046

Iowa Polk County Des Moines 50309 Downtown Des Moines

400 Walnut St Unit 1102, Des Moines, IA

For Sale

Townhouses

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Des Moines Area Association of REALTORS® IDX information is provided exclusively for 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 is deemed reliable but not guaranteed.

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David Rodriguez
Listing Agent
David Rodriguez
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RE/MAX Precision
(515) 501-5959