2021 E 40th St
Des Moines, IA 50317
Gray's Woods- 2 Beds
- 1 Bath
- 800 sqft
2 Beds
1 Bath
800 sqft
Local Information
-- mins to
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
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
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Property Type / Style Property Type: Apartment |
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Lease Term: Contact For Details |
Price History for 2021 E 40th St
| Date | Price | Event | Source |
|---|---|---|---|
| 11/22/2024 | $995 | ListingRemoved | Zillow Rentals |
| 11/01/2024 | $995 | PriceChange | Zillow Rentals |
| 10/30/2024 | $1,050 | Listed For Rent | Zillow Rentals |
| 10/23/2024 | $1,050 | ListingRemoved | Zillow Rentals |
| 10/22/2024 | $1,050 | PriceChange | Zillow Rentals |
| 10/18/2024 | $1,100 | Listed For Rent | Zillow Rentals |
| 05/25/2023 | $195,000 | ListingRemoved | DMMLS #655183 |
| 09/12/2022 | ListingRemoved | Zillow Rental Manager | |
| 09/06/2022 | $995 | Listed For Rent | Zillow Rental Manager |
| 08/26/2022 | $188,000 | Sold | DMMLS #655183 |
| 07/25/2022 | $195,000 | Pending | DMMLS #655183 |
| 06/29/2022 | $195,000 | Listed For Sale | DMMLS #655183 |
| 12/20/2004 | $93,751 | Sold | N/A |
Market trends in Des Moines
Last updated June 2026
Avg. sale price
$211K
$5.03KMoM
Sale-to-List Price
99.1%
0.4%MoM
Price per sq ft
$191
$4MoM
Available listings
1009
2MoM
Property Tax and Assessment
| Year | 2025 |
|---|---|
| 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.Assigned Schools
These are the assigned schools for 2021 E 40th St.
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

