2505 E  40th St, Des Moines, IA 50317
FOR SALE
NEW CONSTRUCTION
3D VIEW

2505 E 40th St
Des Moines, IA 50317

Sheridan Gardens
  • 3 Beds
  • 2 Baths
  • 1,261 sqft

$298,000

Est. Mortgage $1,944/mo*

$298,000

Est. Mortgage $1,944/mo*
3 Beds
2 Baths
1,261 sqft

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

Welcome home to a quiet and welcoming neighborhood on the desirable East side of Des Moines! This is a rare opportunity to own a brand-new construction home, thoughtfully designed with today's buyer in mind. This stunning residence features an ideal layout with 3 spacious bedrooms and 2 full bathrooms, all showcasing crisp, modern finishes, including beautiful LVP flooring and contemporary fixtures that create a bright, airy atmosphere.

The property sits on a nice-sized lot with a yard, perfect for pets, play, or gardening. Imagine beginning and ending your days in tranquility, sipping coffee on your great front porch or hosting a gathering on the covered back porch, which provides wonderful privacy and an ideal space for grilling and outdoor dining.

Location is key! You are perfectly centered between the thriving communities of Altoona, Pleasant Hill, and Downtown Des Moines. This prime spot guarantees easy and quick access to major highways, making work commutes simple and providing endless choices for dining, entertainment, and shopping.

A new construction home, loaded with features, and priced under $300,000? This is an incredible value you won't find often. Don't wait to see this one; it is truly move-in ready and will not last long!

Home Highlights

Parking
2 Car Garage
Outdoor
Patio
A/C
Heating & Cooling
HOA
None
Price/Sqft
$236
Listed
62 days ago

Home Details for 2505 E 40th St

Interior Features

Beds & Baths
Number of Bedrooms: 3Main Level Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 1Number of Bathrooms (three quarters): 1
Dimensions and Layout
Living Area: 1261 Square Feet
Appliances & Utilities
Appliances: Dishwasher, Microwave, Refrigerator, StoveDishwasherLaundry: Main LevelMicrowaveRefrigerator
Heating & Cooling
Heating: Forced Air,Gas,Natural GasHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1
Security
Security: Fire Alarm

Exterior Features

Exterior Home Features
Roof: Asphalt ShinglePatio / Porch: Covered, PatioExterior: PatioFoundation: Poured, Slab
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2Has a GarageHas an Attached GarageParking Spaces: 2Parking: Attached,Garage,Two Car Garage
Frontage
Road Surface Type: ConcreteNot on Waterfront
Water & Sewer
Sewer: Public Sewer

Days on Market

Cumulative Days on Market: 150Days on Market: 62

Property Information

Year Built
Year Built: 2025
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Ranch
Building
Construction Materials: Cement SidingIs a New ConstructionIncludes Home Warranty
Property Information
Condition: New ConstructionParcel Number: 06003962000000

Price & Status

Price
List Price: $298,000Price Per Sqft: $236

Active Status

MLS Status: Active

Location

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

Agent Information

Listing Agent
Listing ID: 738464

Building

Building Details
Builder Name: Stam LLP
Building Area
Building Area: 1261 Square Feet

Community

Not Senior Community

HOA

Association for this Listing: Des Moines Area Association of REALTORSNo HOA

Lot Information

Lot Area: 9452.52 sqft

Offer

Listing Terms: Cash, Conventional, FHA, VA Loan

Miscellaneous

Mls Number: 738464Living Area Range Units: Square FeetAttribution Contact: (515) 520-9682Above Grade Unfinished Area Units: Square FeetBelow Grade Unfinished Area Units: Square FeetUniversal Property Id: US-19153-N-06003962000000-R-N

Additional Information

Days On Market Replication: 24
Last check for updates: about 12 hours ago
Listing courtesy of Bill Ludwig, (515) 520-9682
RE/MAX Concepts
Sue Sutton-Ludwig, (515) 250-3126
RE/MAX Concepts
Originating MLS: Des Moines Area Association of REALTORS
Source: DMMLS, MLS#738464
Also Listed on DMMLS.

Market trends in Des Moines

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$206K
$5.33K
MoM
Sale-to-List Price
98.6%
0.4%
MoM
Price per sq ft
$187
$3
MoM
Available listings
1004
12
MoM

Price History for 2505 E 40th St

DatePriceEventSource
11/25/2025$298,000Listed For SaleDMMLS #730983
11/10/2023$35,000Sold
DMMLS #683215
10/19/2023$40,000PendingDMMLS #683215
10/06/2023$40,000Listed For SaleDMMLS #683215

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Property Tax and Assessment

Year2025
Tax$100
Assessment$118,300
Home facts updated by county records

Comparable Sales for 2505 E 40th St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.04
Single-Family Home
$180,000
03/20/26
3
2
1,232
0.15
Single-Family Home
$205,000
06/10/26
3
1.5
1,116
0.24
Single-Family Home
$215,000
04/15/26
3
1.5
1,254
0.25
Single-Family Home
$211,000
11/20/25
3
2
1,324
0.15
Single-Family Home
$260,000
07/14/25
3
1.5
912
0.29
Single-Family Home
$212,900
07/11/25
3
1.5
1,140
0.16
Single-Family Home
$199,000
07/30/25
3
2
853
0.20
Single-Family Home
$210,000
04/17/26
3
2
1,056
0.17
Single-Family Home
$219,900
07/31/25
3
1.5
840
0.05
Single-Family Home
$143,000
05/29/26
2
1
1,170

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 2505 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 Sheridan Gardens

At least 31 Trulia users voted on each feature.
  • 97 % Say yards are well-kept

  • 94 % Say there are sidewalks

  • 86 % Say kids play outside

  • 84 % Say it's dog friendly

  • 84 % Say parking is easy

  • 76 % Say streets are well-lit

  • 74 % Say car is needed

  • 67 % Say there's holiday spirit

  • 62 % Say people would walk alone at night

  • 57 % Say it's quiet

  • 55 % Say they plan to stay for at least 5 years

  • 50 % Say neighbors are friendly

  • 32 % Say there's wildlife

  • 26 % Say it's walkable to grocery stores

  • 21 % Say it's walkable to restaurants

  • 19 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • CK
    "There are many dog owners and many times they are walking their dogs. It is a dog friendly neighborhood. "
  • BW
    "I’ve lived in this neighborhood since 2015. This neighborhood is a great place to raise a family in and overall the neighbors are nice and the neighborhood is quiet. Everyone keeps their yards looking neat. "

LGBTQ Local Legal Protections

Bill Ludwig, RE/MAX Concepts
Agent Phone: (515) 520-9682
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.
2505 E 40th St, Des Moines, IA 50317 is a 3 bedroom, 2 bathroom, 1,261 sqft single-family home built in 2025. 2505 E 40th St is located in Sheridan Gardens, Des Moines. This property is currently available for sale and was listed by DMMLS on Apr 15, 2026. The MLS # for this home is MLS# 738464.