2021 E  40th St, Des Moines, IA 50317
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Property image
OFF MARKET

2021 E 40th St
Des Moines, IA 50317

Gray's Woods
  • 2 Beds
  • 1 Bath
  • 800 sqft

$220,300

Trulia Estimate
as of Jul 22, 2026
Est. Refi. Payment $1,475/mo*

$220,300

Trulia Estimate
as of Jul 22, 2026
Est. Refi. Payment $1,475/mo*
2 Beds
1 Bath
800 sqft

Local Information

  • Map ViewExplore the area around 2021 E 40th St.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Apartment
Living Area
800 sqft
Price/Sqft
$275

Description

**Free month of rent with 14 month lease agreement** This 2 bedroom, 1 bathroom ranch style duplex is recently updated and has all new paint. Large living room, kitchen has lots of cabinets, washer and dryer hook ups. Large shared back yard and own driveway. Resident responsible for all utilities, lawn care and snow removal.

When applying make sure to upload all proof income and a photo ID, if you do not provide all pertinent information your application will not be processed.

Fully completed applications are processed in the order they are received. Application fee is $49 per person. Everyone 18 and over is required to fill out an application and are subject to credit, criminal and eviction background check. One time Administrative Fee of $125.00 *All information is deemed reliable but not guaranteed and is subject to change.

All Top Shelf Property Management residents are enrolled in the Resident Benefits Package (RBP) for $49.50 per month which includes liability insurance from A+ carrier, credit building to help boost the resident's credit score, up to $1M Identity Theft Protection, HVAC air filter delivery helping to keep your HVAC system running on less energy (for applicable properties), move-in concierge service that with one call sets up your required utility services, our best-in-class resident rewards program, and much more! More details can be found on our website under RBP.

Please NOTE that this property is managed by TOP SHELF Property Management. If you are asked to send money to anyone vs paying on Top Shelfs resident portal it is a scam.

Lease length 12-Month Standard
Section 8 is unavailable at this time
Smoking is not permitted on the property

Appliances Included
Driveway Parking
W/D Hook Ups
2021 E 40th St, Des Moines, IA 50317 is a 2 bedroom, 1 bathroom, 800 sqft apartment in Gray's Woods. It last sold for $188,000 on Aug 26, 2022 (18,794% above the $995 asking price). More recently, it was listed as a rental in October 2024 with an asking price of $1,050 per month. That rental listing was removed on November 22, 2024. It is currently off market. The Trulia Estimate is $220,300, with a rent estimate of $978/month.

Home Details for 2021 E 40th St

Property Information

Property Type / Style
Property Type: Apartment

Rental Terms, Policies & Fees

Lease Term: Contact For Details

Price History for 2021 E 40th St

DatePriceEventSource
11/22/2024$995ListingRemovedZillow Rentals
11/01/2024$995PriceChange
Zillow Rentals
10/30/2024$1,050Listed For RentZillow Rentals
10/23/2024$1,050ListingRemovedZillow Rentals
10/22/2024$1,050PriceChange
Zillow Rentals
10/18/2024$1,100Listed For RentZillow Rentals
05/25/2023$195,000ListingRemovedDMMLS #655183
09/12/2022ListingRemovedZillow Rental Manager
09/06/2022$995Listed For RentZillow Rental Manager
08/26/2022$188,000Sold
DMMLS #655183
07/25/2022$195,000PendingDMMLS #655183
06/29/2022$195,000Listed For SaleDMMLS #655183
12/20/2004$93,751Sold
N/A

Market trends in Des Moines

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$211K
$5.03K
MoM
Sale-to-List Price
99.1%
0.4%
MoM
Price per sq ft
$191
$4
MoM
Available listings
1009
2
MoM
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Property Tax and Assessment

Year2025
Tax$3,538
Assessment$201,000
Home facts updated by county records

Comparable Sales for 2021 E 40th St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1.88
Apartment
$175,000
07/23/25
2
1
750
4.21
Apartment
$21,848,500
08/06/25
-
264
Home facts updated by county records

Nearby homes

Get a sense of prices in the area by checking nearby homes.
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Assigned Schools

These are the assigned schools for 2021 E 40th St.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

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...... "

LGBTQ Local Legal Protections

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Homes for sale near 2021 E 40th St

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Off Market Homes Near 2021 E 40th St

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