2222 E 40th St
Des Moines, IA 50317
Gray's Woods- 3 Beds
- 2 Baths
- 784 sqft
3 Beds
2 Baths
784 sqft
Local Information
-- mins to
Description
Opportunity awaits with this 3-bedroom, 2-bath raised ranch offering incredible potential for the right buyer! Built in 1978, this home features 784 square feet on the main level plus approximately 720 finished square feet in the walkout basement, providing plenty of additional living space. The main floor includes 2 bedrooms, a full bath, and a functional layout, while the finished lower level offers a third bedroom, a 3/4 bath, and extra space for a family room, office, or recreation area. Outside, you'll find a detached 2-car garage and a walkout lot with endless possibilities. This property needs significant updating and repairs but offers a fantastic opportunity to build equity through improvements. Whether you're an investor, flipper, or buyer looking to customize a home to your own style, this property is priced to reflect its condition and is ready for its next chapter. Being sold as-is.
Home Highlights
Parking
Garage
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$127
Listed
1 day ago
Home Details for 2222 E 40th St
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Interior Details Basement: Finished,Walk-Out Access |
Beds & Baths Number of Bedrooms: 3Main Level Bedrooms: 2Number of Bathrooms: 2Number of Bathrooms (full): 1Number of Bathrooms (three quarters): 1 |
Dimensions and Layout Living Area: 784 Square Feet |
Appliances & Utilities Appliances: Dryer, Microwave, Refrigerator, Stove, WasherDryerMicrowaveRefrigeratorWasher |
Heating & Cooling Heating: Forced Air,Gas,Natural GasHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air |
Levels, Entrance, & Accessibility Stories: 1 |
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Exterior Home Features Roof: Asphalt ShingleFoundation: Block |
Parking & Garage Number of Garage Spaces: 2Number of Covered Spaces: 2Has a GarageNo Attached GarageParking Spaces: 2Parking: Detached,Garage,Two Car Garage |
Frontage Road Surface Type: ConcreteNot on Waterfront |
Water & Sewer Sewer: Public Sewer |
Finished Area Finished Area (below surface): 720 Square Feet |
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Days on Market: 1 |
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Year Built Year Built: 1978 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Ranch |
Building Construction Materials: Vinyl Siding |
Property Information Parcel Number: 06008155000000 |
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Price List Price: $99,900Price Per Sqft: $127 |
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MLS Status: Active |
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Direction & Address City: Des Moines |
School Information Elementary School District: Des Moines IndependentJr High / Middle School District: Des Moines IndependentHigh School District: Des Moines Independent |
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Listing Agent Listing ID: 745184 |
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Building Area Building Area: 784 Square Feet |
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Not Senior Community |
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Association for this Listing: Des Moines Area Association of REALTORSNo HOA |
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Lot Area: 6141.96 sqft |
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Listing Terms: Cash, Conventional |
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BasementMls Number: 745184Living Area Range Units: Square FeetAttribution Contact: (515) 556-8180Above Grade Unfinished Area Units: Square FeetBelow Grade Unfinished Area Units: Square FeetUniversal Property Id: US-19153-N-06008155000000-R-N |
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Days On Market Replication: 0 |
Last check for updates: about 17 hours ago
Listing courtesy of Dustin Schutte, (515) 556-8180
RE/MAX Revolution
Sarah Williams, (515) 442-6959
RE/MAX Revolution
Originating MLS: Des Moines Area Association of REALTORS
Source: DMMLS, MLS#745184

Also Listed on DMMLS.
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
Price History for 2222 E 40th St
| Date | Price | Event | Source |
|---|---|---|---|
| 07/15/2026 | $99,900 | Listed For Sale | DMMLS #745184 |
| 06/29/2012 | $53,000 | Sold | DMMLS #399712 |
| 04/18/2012 | $55,000 | Listed For Sale | Agent Provided |
| 03/14/2012 | $135,022 | Sold | N/A |
| 05/27/2004 | $114,500 | Sold | N/A |
| 05/29/2003 | $64,000 | Sold | N/A |
| 02/25/2003 | $75,498 | Sold | N/A |
| 07/31/1998 | $63,500 | Sold | N/A |
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Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $3,582 |
| Assessment | $203,400 |
Home facts updated by county records
Comparable Sales for 2222 E 40th St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.10 | Single-Family Home | $219,900 | 07/31/25 | 3 | 1.5 | 840 | |
0.04 | Single-Family Home | $180,000 | 08/27/25 | 2 | 2 | 876 | |
0.15 | Single-Family Home | $199,000 | 07/30/25 | 3 | 2 | 853 | |
0.11 | Single-Family Home | $210,000 | 04/17/26 | 3 | 2 | 1,056 | |
0.03 | Single-Family Home | $249,900 | 06/22/26 | 4 | 2 | 1,036 | |
0.25 | Single-Family Home | $205,000 | 05/29/26 | 3 | 2 | 952 | |
0.20 | Single-Family Home | $180,000 | 03/20/26 | 3 | 2 | 1,232 | |
0.14 | Single-Family Home | $195,000 | 12/05/25 | 3 | 1 | 987 | |
0.19 | Single-Family Home | $255,000 | 07/02/26 | 4 | 2 | 1,034 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 2222 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
Dustin Schutte, RE/MAX Revolution
Agent Phone: (515) 556-8180

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
2222 E 40th St, Des Moines, IA 50317 is a 3 bedroom, 2 bathroom, 784 sqft single-family home built in 1978. 2222 E 40th St is located in Gray's Woods, Des Moines. This property is currently available for sale and was listed by DMMLS on Jul 15, 2026. The MLS # for this home is MLS# 745184.