$349,999

Estimated payment $2,679/month

Total Views 623
2 Beds
1 Bath
1,184 Sq Ft
$296 Price per Sq Ft

Highlights

  • Ranch Style House
  • Den
  • Covered Deck
  • Wood Flooring
  • Shades
  • 3-minute walk to The People's Plaza

About This Home

Experience the best of downtown living at Capitol Village Lofts, perfectly positioned in the heart of the Historic East Village—an Airbnb-friendly building allowing short-term rentals, offering exceptional income-producing potential and flexibility for investors or owner-occupants. This boutique mixed-use building features just 20 exclusive residential lofts above a vibrant mix of retail and commercial spaces, blending classic warehouse character with modern urban energy in one of Des Moines’ most desirable rental locations. This stunning 2-bedroom corner loft showcases dramatic exposed brick, soaring 14-foot ceilings, wraparound floor-to-ceiling windows, and hardwood floors that flood the space with natural light—features highly attractive to short-term and long-term renters alike. The open-concept layout includes a newly updated bathroom and new kitchen appliance package, seamlessly combining contemporary comfort with timeless architectural detail. Step outside to over 250 square feet of a covered outdoor terrace, a premium amenity for guests and residents. The building is pet friendly and located just steps from Des Moines’ top restaurants, bars, coffee shops, and downtown attractions, creating strong rental demand and a truly walkable, lock-and-leave lifestyle. A reserved, deeded parking space valued at $25,000 adds additional value and appeal, making this a rare opportunity for effortless, upscale city living and strong investment potential. HWA warranty included!

Listing Agent

Misty Darling

BH&G Real Estate Innovations Listed on: 01/23/2026

Co-Listing Agent

Greg Wallenstein

BH&G Real Estate Innovations

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,212

Year Built

  • Built in 1900

HOA Fees

  • $428 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Brick Foundation
  • Slab Foundation
  • Rubber Roof

Interior Spaces

  • 1,184 Sq Ft Home
  • Shades
  • Drapes & Rods
  • Dining Area
  • Den
  • Home Security System
  • Unfinished Basement

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 1 Car Detached Garage
  • Driveway

Accessible Home Design

  • Accessible Ramps

Outdoor Features

  • Covered Deck
  • Fire Pit

Utilities

  • Forced Air Heating and Cooling System
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 04000614014000

Community Details

Overview

  • Front Yard Maintenance
  • Hubbell Property Management Association
  • On-Site Maintenance

Recreation

  • Snow Removal

Security

  • Security Service
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,212

Year Built

Built in 1900

Lot Details

0

HOA Fees

$428 per month

Listing Details

  • Property Type: Residential
  • Property Subtype: Condo-Townhome
  • Style: Ranch
  • Lp Amt Sq Ft: 295.61
  • Natl Assocof Home Builders: No
  • Termite: Call Listing Agent
  • Unit: 210
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: 1st Flr Laundry, Cable TV, Drapes/Curtains, Fire Alarm, Hardwood Floors, LVP, Security System, Shades/Shutters, Smoke Detector, Tile Floors
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • First Floor Full Bathrooms: 1
  • Basement Description: Slab, Unfinished
  • Dining Room: Dining Areas
  • Other Rooms: Den, Pantry
  • Handicap Features: Ramp
  • Included Items: Dishwasher, Dryer, Microwave, Refrigerator, Stove, Washer
  • Living Area Sq Ft: 1184
  • Total Sq Ft: 1184

Exterior Features

  • Exterior: Brick
  • Exterior Features: Covered Deck, Fire Pit
  • Foundation: Brick
  • Roof: Rubber
  • Street Feature: Asphalt
  • Trim: Paint

Garage/Parking

  • Driveway: Concrete
  • Garage: 1 Detached

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Central
  • Heat: Electric Forced Air
  • Services: Exterior Maint./Bldg., Insurance, Lawn Care, Security Services, Snow Removal, Taxes, Trash Service

Condo/Co-op/Association

  • Association Fee: 428.0000
  • Association Fee Term: Month
  • Association Fee: Yes

Association/Amenities

  • HOA Name: Capitol Village Lofts
  • Management Firm: Hubbell Property Management

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: 04000614014000
  • Zoning: DX2

Multi Family

  • Geo Solar Thermal: No

Tax Info

  • Gross Taxes: 5212.30
  • Net Taxes: 5212.30
  • Tax Year: 2025

MLS Schools

  • School District: Des Moines Independent

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 $5,368 $277,000 $7,200 $269,800
2024 $5,368 $272,900 $7,100 $265,800
2023 $5,774 $272,900 $7,100 $265,800
2022 $5,730 $245,000 $6,400 $238,600
2021 $5,318 $245,000 $6,400 $238,600
2020 $5,524 $213,100 $5,600 $207,500
2019 $5,108 $213,100 $5,600 $207,500
2018 $4,826 $190,100 $5,200 $184,900
2017 $5,188 $190,100 $5,200 $184,900
2016 $1,616 $200,300 $5,500 $194,800
2015 $1,616 $200,300 $5,500 $194,800
2014 $1,536 $200,300 $5,500 $194,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/23/2026 01/23/26 For Sale $349,999 +4.0% $296 / Sq Ft
09/23/2020 09/23/20 Sold $336,500 -2.5% $284 / Sq Ft View Prior Sale
09/16/2020 09/16/20 Pending -- -- --
05/02/2020 05/02/20 For Sale $345,000 +40.8% $291 / Sq Ft
08/31/2017 08/31/17 Sold $245,000 -5.8% $207 / Sq Ft View Prior Sale
08/30/2017 08/30/17 Pending -- -- --
03/30/2017 03/30/17 For Sale $260,000 +45.3% $220 / Sq Ft
02/29/2016 02/29/16 Sold $178,990 -0.6% $151 / Sq Ft View Prior Sale
02/29/2016 02/29/16 Pending -- -- --
11/09/2015 11/09/15 For Sale $179,990 -- $152 / Sq Ft
Source: Des Moines Area Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $336,500 None Available
Warranty Deed -- None Available
Deed -- --
Warranty Deed $228,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $269,200 New Conventional
Previous Owner $143,190 No Value Available
Previous Owner -- No Value Available
Previous Owner $177,600 Fannie Mae Freddie Mac
Source: Public Records

Source: Des Moines Area Association of REALTORS®

MLS Number: 733276

Des Moines Area Association of REALTORS®

APN: 040-00614014000