400 Walnut Street #403, Des Moines, IA 50309

Local realty services provided by:Better Homes and Gardens Real Estate Innovations
400 Walnut Street #403,Des Moines, IA 50309
$189,000
  • 1 Beds
  • 1 Baths
  • 925 sq. ft.
  • Condominium
  • Active
Listed by: shannon salmon
Office: re/max concepts
MLS#:732349
Source:IA_DMAAR

Price summary

  • Price:$189,000
  • Price per sq. ft.:$204.32
  • Monthly HOA dues:$450

About this home

Prime investment opportunity!! This FULLY FURNISHED unit is grandfathered in to allow for both short term Airbnb and long term rentals! Built in 1930 and transformed into luxury condos in 2018, this fully furnished 1-bedroom, 1-full bath home offers 925 sq. ft. of stylish downtown living. Oversized- East facing windows fill the space with natural light, highlighting a modern design with historic character. The building offers amenities including a fitness center, secure entrance & lower-level storage. Step outside your door at 400 Walnut Street and explore all that downtown Des Moines has to offer: restaurants, coffee shops, nightlife, concerts, the Sculpture Park, the farmers market, and the skywalk system are all just a short walk away. Whether you're looking for a chic downtown home or an income-producing property, this condo checks all the boxes! *One covered parking space in attached garage can be rented $120/month! Pet friendly!

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Home facts

  • Year built:1930
  • Listing ID #:732349
  • Added:49 day(s) ago
  • Updated:February 25, 2026 at 03:52 PM

Rooms and interior

  • Bedrooms:1
  • Total bathrooms:1
  • Full bathrooms:1
  • Living area:925 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Electric, Forced Air

Structure and exterior

  • Year built:1930
  • Building area:925 sq. ft.

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$189,000
  • Price per sq. ft.:$204.32
  • Tax amount:$3,060 (2025)