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

$212,500

Trulia Estimate
as of Sep 10, 2026
  • 2 Beds
  • 1 Bath
  • 800 sqft

2021 E 40th St, Des Moines, IA 50317

Gray's Woods

Home Highlights

Apartment
800 sqft
$266/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

About this House

**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. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $212,500, with a rent estimate of $974/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

Comparable Sales for 2021 E 40th St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
Address Not Disclosed, Des Moines, IA
4.82
Apartment
$159,900
01/27/26
1
1
-
Home facts updated by county records

Nearby homes

Get a sense of prices in the area by checking nearby homes.
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Rental Market Trends in Gray's Woods

Last updated Sep 2026
Trulia Rent Estimate$974/mo
Average rent
$1.35K
$245MoM
Available listings
3
View rental market trends in Des Moines, IA

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

Price and Tax history

DateEventPrice
Nov 22, 2024
Source: Zillow Rentals
ListingRemoved
$995
Nov 1, 2024
Source: Zillow Rentals
PriceChange
$995
Price decreased by 5%
Oct 30, 2024
Source: Zillow Rentals
Listed For Rent
$1,050
Oct 23, 2024
Source: Zillow Rentals
ListingRemoved
$1,050
Oct 22, 2024
Source: Zillow Rentals
PriceChange
$1,050
Price decreased by 5%

Frequently asked questions about 2021 E 40th St

  • What is 2021 E 40th St estimated to be worth?
    Trulia's estimated value for 2021 E 40th St in Des Moines, IA is $212,500.
  • What is the price history for 2021 E 40th St?
    2021 E 40th St in Des Moines, IA last sold for $188,000 in August 2022.
  • 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.

Homes for rent near 2021 E 40th St

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Affordability

TIP:Try to keep your rent within a third of your gross household income. Learn why in our Renter's Guide.
For this property
PER YEAR
is the suggested income
Win over prospective landlords with your smart budgeting. As a good rule of thumb, ideally you would have at least three times your monthly rent in combined household income.
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