1419 E 40th St, Des Moines, IA 50317
Property image
Property image
OFF MARKET

$251,400

Trulia Estimate
  • 6 Beds
  • 2 Baths
  • 1,096 sqft

1419 E 40th St, Des Moines, IA 50317

Gray's Woods
Est. Refi. Payment $1,699/mo*
Refinance Your Home
Currently Off Market - Sold May 7, 2024 for $225,000

Home Value

Trulia Estimate
$251K
Since last month
Decreased$900 (-0.4%)
Since last year
Increased$24K (+10.3%)
Since last sale
Increased$26K (+11.6%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +91% in the last 10 years
MonthEstimated value
2026
August 2026$251K
August 2026$251K
July 2026$252K
June 2026$251K
May 2026$250K
April 2026$250K
March 2026$250K
February 2026$247K
January 2026$246K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1727 E 33rd St, Des Moines, IA
0.77
Multi-Family Home
$251,000
06/16/26
4
2
952
2753 Cleveland Ave, Des Moines, IA
1.29
Multi-Family Home
$234,500
05/11/26
4
2
1,420
3106 Roblang Ct, Des Moines, IA
1.70
Multi-Family Home
$256,000
06/29/26
4
2
1,504
4878 Orchard Dr, Pleasant Hill, IA
1.60
Multi-Family Home
$275,000
04/22/26
4
2
1,408
3010 Raccoon St, Des Moines, IA
1.66
Multi-Family Home
$240,000
05/29/26
4
2
1,420
2437 E Walnut St, Des Moines, IA
1.90
Multi-Family Home
$285,000
09/19/25
6
4
2,041
1313 E 23rd St, Des Moines, IA
1.88
Multi-Family Home
$110,000
06/24/26
6
2
3,024
3924-3926 E 38th St, Des Moines, IA
1.89
Multi-Family Home
$268,000
03/23/26
5
4
2,640
2936 E Walnut St, Des Moines, IA
1.36
Multi-Family Home
$215,000
03/13/26
-
2,224
4510 Concord Dr, Pleasant Hill, IA
1.49
Multi-Family Home
$300,000
03/27/26
-
1,479

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
1344 E 40th St, Des Moines, IA 50317
0.08
$372,900
5
3
1,468
For Sale
4000 Indianapolis Ave, Des Moines, IA 50317
0.09
$114,700
2
1
655
Off Market
3910 Indianapolis Ave, Des Moines, IA 50317
0.11
$195,000
4
2
785
Recently Sold
3809 Indianapolis Ave, Des Moines, IA 50317
0.12
$128,200
4
2
1,366
Off Market
4100 Dubuque Ave, Des Moines, IA 50317
0.12
$192,200
3
1
1,170
Off Market
4100 E Dubuque Ave, Des Moines, IA 50317
0.12
$183,900
3
1
1,170
Off Market
1320 E 40th St, Des Moines, IA 50317
0.15
$435,000
3
2
1,904
Recently Sold
1408 E 38th St, Des Moines, IA 50317
0.18
$15,000
-
-
-
Recently Sold
1331 E 41st St, Des Moines, IA 50317
0.17
$239,400
4
1.5
796
Off Market
3749 Indianapolis Ave, Des Moines, IA 50317
0.19
$194,200
3
2
864
Off Market
3801 Dubuque Ave, Des Moines, IA 50317
0.19
$59,900
-
-
-
For Sale

Local Information

  • Map ViewExplore the area around 1419 E 40th St.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Multi-Family
Built in 1983
1,096 sqft
$229/sqft

About this House

Great 3 Bed Duplex Opportunity in Des Moines' East side. One unit is recently vacated. Occupied unit is on month to month at $700, rent comps are $1300. It needs a little work to get there, but it won't take much. All utilities separated and tenants take care of Lawn & Snow. Both units have all 3 bedrooms and bathroom on Upper Level, with the Living Room and Kitchen on the Main Level. Built 1983. CapRate 8.5%12.3% Cash on Cash Return after renovation. Buy before Interest Rates drop and buyer demand floods back into the market. Potential Seller paid Rate Buy-down available. All information obtained from seller and public records.
1419 E 40th St, Des Moines, IA 50317 is a 6 bedroom, 2 bathroom, 1,096 sqft multi-family in Gray's Woods, built in 1983. It last sold for $225,000 on May 7, 2024 (2% below the $230,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $251,400, with a rent estimate of $1,130/month.
Last check for updates: about 21 hours ago
Listed by Liz Keller, (515) 423-5607
RE/MAX Precision
Chase Keller, (319) 231-1160
RE/MAX Precision
Bought with: Mindy Cochran, (515) 423-3415, Realty ONE Group Impact
Originating MLS: Des Moines Area Association of REALTORS
Source: DMMLS, MLS#687752

Home Details for 1419 E 40th St

Interior Features

Beds & Baths
Number of Bedrooms: 6Number of Bathrooms: 2Number of Bathrooms (full): 2
Dimensions and Layout
Living Area: 1096 Square Feet
Heating & Cooling
Heating: Forced Air,GasHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air

Exterior Features

Exterior Home Features
Roof: Asphalt ShingleFoundation: Block
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer

Days on Market

Cumulative Days on Market: 43

Property Information

Year Built
Year Built: 1983
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Duplex, Multi Family, Multi FamilyArchitecture: Duplex
Building
Construction Materials: Metal Siding
Property Information
Parcel Number: 06000711104002

Price & Status

Price
List Price: $230,000
Status Change & Dates
Off Market Date: Fri Apr 12 2024

Active Status

MLS Status: Closed

Location

Direction & Address
City: Des Moines
School Information
Elementary School District: Des Moines IndependentJr High / Middle School District: Des Moines IndependentHigh School District: Des Moines Independent

Building

Building Area
Building Area: 1096 Square Feet

HOA

Association for this Listing: Des Moines Area Association of REALTORSNo HOA

Lot Information

Lot Area: 8537.76 sqft

Offer

Listing Terms: Cash, Conventional, FHA, VA Loan

Miscellaneous

Mls Number: 687752Living Area Range Units: Square FeetAttribution Contact: (515) 423-5607Above Grade Unfinished Area Units: Square FeetBelow Grade Unfinished Area Units: Square FeetUniversal Property Id: US-19153-N-06000711104002-R-N

Price and Tax history

DateEventPrice
May 7, 2024
Source: DMMLS #687752
Sold
$225,000
Apr 12, 2024
Source: DMMLS #687752
Pending
$230,000
Apr 11, 2024
Source: DMMLS #687752
PendingToActive
$230,000
Mar 8, 2024
Source: DMMLS #687752
Pending
$230,000
Feb 29, 2024
Source: DMMLS #687752
Listed For Sale
$230,000

Market trends in Des Moines

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$215K
$3.57KMoM
Sale-to-List Price
99.2%
0.1%MoM
Price per sq ft
$191
$0MoM
Available listings
1022
12MoM

Around this home

Neighborhood Overview

Gray's Woods
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Gray's Woods

At least 3 Trulia users voted on each feature.

  • 100 % Say yards are well-kept

  • 86 % Say car is needed

  • 86 % Say people would walk alone at night

  • 86 % Say parking is easy

  • 71 % Say they plan to stay for at least 5 years

  • 67 % Say it's dog friendly

  • 60 % Say kids play outside

  • 57 % Say there's wildlife

  • 56 % Say there's holiday spirit

  • 50 % Say there are sidewalks

  • 38 % Say neighbors are friendly

  • 33 % Say streets are well-lit

  • 33 % Say it's quiet

  • 20 % Say it's walkable to restaurants

Sourced by Trulia users. Learn more about our methodology.
  • Canas n.
    "Busy area. Close to shopping, convenience store, fast food. Pocket quiet areas. Good neighbors...... "
    8
    Flag

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Frequently asked questions about 1419 E 40th St

  • What is 1419 E 40th St estimated to be worth?
    Trulia's estimated value for 1419 E 40th St in Des Moines, IA is $251,400.
  • What is the price history for 1419 E 40th St?
    1419 E 40th St in Des Moines, IA last sold for $225,000 in May 2024.
  • Is Des Moines a buyer's or seller's market?
    Des Moines is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Des Moines?
    The median sale price in Des Moines is $215K. That is up $3.57K from the prior month.
  • Does 1419 E 40th St have air conditioning?
    Yes, 1419 E 40th St in Des Moines, IA has air conditioning.

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