2002 E 40th St, Des Moines, IA 50317
OFF MARKET

2002 E 40th St
Des Moines, IA 50317

Gray's Woods
  • 4 Beds
  • 2 Baths
  • 1,596 sqft (on 0.29 acres)

$223,800

Trulia Estimate
as of Aug 15, 2026

$223,800

Trulia Estimate
as of Aug 15, 2026
4 Beds
2 Baths
1,596 sqft
(on 0.29 acres)

Home Value

Trulia Estimate
$224K
Since last month
Decreased$5K (-2.3%)
Since last year
Increased$3K (+1.2%)
Since last sale
Increased$111K (+100%)
Learn more about this home's value by checking out its Trulia Estimate and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +74% in the last 10 years
MonthEstimated value
2026
August 2026$222K
July 2026$228K
June 2026$228K
May 2026$223K
April 2026$222K
March 2026$221K
February 2026$215K
January 2026$210K
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
3924 E 38th St, Des Moines, IA
1.37
Multi-Family Home
$268,000
04/02/26
4
2,640
2936 E Walnut St, Des Moines, IA
1.72
Multi-Family Home
$215,000
03/13/26
-
2,224

Local Information

  • Map ViewExplore the area around 2002 E 40th St.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Multi-Family
Year Built
1985
Lot Size
0.29 acres
Living Area
1,596 sqft
Price/Sqft
$140

About this House

This multi-family home is located at 2002 E 40th St, Des Moines, IA. 2002 E 40th St is in the Gray's Woods neighborhood in Des Moines, IA and in ZIP code 50317. This property has 4 bedrooms, 2 bathrooms and approximately 1,596 sqft of floor space. This property has a lot size of 0.29 acres and was built in 1985.
2002 E 40th St, Des Moines, IA 50317 is a 4 bedroom, 2 bathroom, 1,596 sqft multi-family in Gray's Woods, built in 1985. It last sold for $111,111 on Jun 23, 2006. It is currently off market. The Trulia Estimate is $223,800, with a rent estimate of $1,360/month.

Home Details for 2002 E 40th St

Interior Features

Heating & Cooling
Heating: Forced AirCooling System: CentralHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1
Interior Details
Number of Rooms: 8
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: AsphaltExterior: BrickFoundation Type: Concrete

Property Information

Year Built
Year Built: 1985
Property Type / Style
Property Type: Multi FamilyArchitecture: Ranch / Rambler

Lot Information

Lot Area: 0.29 acres

Price and Tax history

DateEventPrice
Jun 23, 2006
Source: N/A
Sold
$111,111

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
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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

LGBTQ Local Legal Protections

Apartments for Rent

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Homes for sale near 2002 E 40th St

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Off Market Homes Near 2002 E 40th St

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Frequently asked questions about 2002 E 40th St

  • What is 2002 E 40th St estimated to be worth?
    Trulia's estimated value for 2002 E 40th St in Des Moines, IA is $223,800.
  • What is the price history for 2002 E 40th St?
    2002 E 40th St in Des Moines, IA last sold for $111,111 in June 2006.
  • 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 2002 E 40th St have air conditioning?
    Yes, 2002 E 40th St in Des Moines, IA has air conditioning.