$226,500
- Studio
- 2 Baths
- 1,056 sqft
1431 E 40th St, Des Moines, IA 50317
Est. Refi. Payment $1,539/mo*
Refinance Your HomeCurrently Off Market - Sold Nov 1, 2016 for $155,000
Home Value
Trulia Estimate
$227KSince last month
Decreased$5K (-2.1%)Since last year
Increased$300 (+0.1%)Since last sale
Increased$72K (+46.1%)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 +47% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $227K |
| August 2026 | $226K |
| July 2026 | $231K |
| June 2026 | $233K |
| May 2026 | $227K |
| April 2026 | $227K |
| March 2026 | $226K |
| February 2026 | $223K |
| January 2026 | $222K |
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 |
|---|---|---|---|---|---|---|---|
1.37 | Multi-Family Home | $215,000 | 03/13/26 | - | 2,224 | ||
1.51 | Multi-Family Home | $300,000 | 03/27/26 | - | 1,479 | ||
1.87 | Multi-Family Home | $268,000 | 04/02/26 | 4 | 2,640 |
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 |
|---|---|---|---|---|---|---|
0.01 | $232,300 | 3 | 1 | 1,056 | Off Market | |
0.34 | $167,400 | 4 | 1 | 1,296 | Off Market | |
0.30 | $169,000 | 2 | 1 | 962 | Off Market | |
0.29 | $184,400 | 3 | 1 | 1,352 | Off Market | |
0.29 | $148,900 | 2 | 1 | 960 | Off Market | |
0.01 | $200,300 | 3 | 1 | 1,096 | Off Market | |
0.03 | $251,400 | 6 | 2 | 1,096 | Off Market | |
0.04 | $240,600 | 6 | 2 | 1,096 | Off Market | |
0.05 | $247,900 | 6 | 2 | 1,096 | Off Market | |
0.19 | $239,400 | 4 | 1.5 | 796 | Off Market |
Local Information
-- mins to
Home Highlights
Multi-Family
Built in 1992
1,056 sqft
$214/sqft
About this House
This is a hard to find duplex with 3 bedrooms on each side. Built in 1992 and conveniently located just a few blocks north of University, it has a good rental history. The owners just rented the same unit next door for $895/month and other rents could be increased. Up/Down split with the bedrooms on the top level and kitchen, dining area and living room down. New efficient gas furnaces in 2013, newer water heaters, new roof in 2013 and one new AC unit in 2015. Low maintenance vinyl siding. Separate water, gas and electric meters, separate driveways and a large storage shed. Stoves and refrigerators stay with the property. This duplex can be purchased separately or with same duplex next door at 1437 & 1439.
1431 E 40th St, Des Moines, IA 50317 is a studio, 2 bathroom, 1,056 sqft multi-family in Gray's Woods, built in 1992. It last sold for $155,000 on Nov 1, 2016. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $226,500, with a rent estimate of $1,163/month.
Home Details for 1431 E 40th St
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Interior Details BasementNumber of Rooms: 10 |
Heating & Cooling Heating: Forced AirAir ConditioningCooling System: CentralHeating Fuel: Forced Air |
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Exterior Home Features Roof: AsphaltDeckExterior: OtherFoundation Type: Concrete |
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Year Built Year Built: 1992 |
Property Type / Style Property Type: Multi FamilyArchitecture: split entry |
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Units in Building: 2 |
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Lot Area: 8537 sqft |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Nov 1, 2016 Source: DMMLS #524479 | Sold | $155,000 |
Sep 10, 2016 Source: Agent Provided | Pending | $159,900 |
Aug 29, 2016 Source: Agent Provided | Listed For Sale | $159,900 |
Jan 7, 2008 Source: DMMLS #311328 | Sold | $135,000 |
Nov 24, 2007 Source: Agent Provided | Listed For Sale | $139,900 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $4,176 | $231,300 |
Home facts updated by county records
Market trends in Des Moines
Last updated July 2026
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
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.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 1431 E 40th St
- What is 1431 E 40th St estimated to be worth?Trulia's estimated value for 1431 E 40th St in Des Moines, IA is $226,500.
- What is the price history for 1431 E 40th St?1431 E 40th St in Des Moines, IA last sold for $155,000 in November 2016.
- 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 1431 E 40th St have air conditioning?Yes, 1431 E 40th St in Des Moines, IA has air conditioning.

