2506 E  40th Ct, Des Moines, IA 50317
Property image
Property image
SOLD
MAY 29, 2026

2506 E 40th Ct
Des Moines, IA 50317

Sheridan Gardens
  • 2 Beds
  • 1 Bath
  • 1,170 sqft (on 0.29 acres)

$143,000

Last Sold: May 29, 2026
2% over list $140K
$122/sqft
Est. Refi. Payment $980/mo*

$143,000

Last Sold: May 29, 2026
2% over list $140K
$122/sqft
Est. Refi. Payment $980/mo*
2 Beds
1 Bath
1,170 sqft
(on 0.29 acres)

Local Information

  • Map ViewExplore the area around 2506 E 40th Ct.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Description

Great investment, flip, or first-time homebuyer opportunity in the heart of Des Moines! This 2-bedroom, 1-bath bungalow sits on a quiet double lot in a great neighborhood with convenient access to schools and the interstate. Featuring solid bones and a functional layout, this home is ready for your personal touch and updates. One of the original bedrooms has been thoughtfully converted into an oversized bathroom. The full basement offers plenty of storage and additional usable space. Enjoy the beautiful enclosed front porch! Outside, you’ll find an oversized parking slab, mature trees, nice landscaping, and extra exterior storage. A great value with tons of potential!
2506 E 40th Ct, Des Moines, IA 50317 is a 2 bedroom, 1 bathroom, 1,170 sqft single-family home in Sheridan Gardens, built in 1917. It last sold for $143,000 on May 29, 2026 (2% above the $140,000 asking price). It is currently off market. The Trulia Estimate is $143,100, with a rent estimate of $1,507/month.

Home Highlights

Parking
No Info
Outdoor
Porch
A/C
Heating only
HOA
None
Price/Sqft
$122/sqft
Listed
41 days ago

Home Details for 2506 E 40th Ct

Interior Features

Interior Details
Basement: Partially Finished
Beds & Baths
Number of Bedrooms: 2Main Level Bedrooms: 2Number of Bathrooms: 1Number of Bathrooms (full): 1
Dimensions and Layout
Living Area: 1170 Square Feet
Heating & Cooling
Heating: Forced Air,GasHas HeatingHeating Fuel: Forced Air
Windows, Doors, Floors & Walls
Flooring: Hardwood
Levels, Entrance, & Accessibility
Stories: 1Floors: Hardwood

Exterior Features

Exterior Home Features
Roof: Asphalt ShinglePatio / Porch: Porch, ScreenedOther Structures: StorageExterior: Enclosed Porch, StorageFoundation: Poured
Frontage
Road Surface Type: ConcreteNot on Waterfront
Water & Sewer
Sewer: Public Sewer

Days on Market

Cumulative Days on Market: 6

Property Information

Year Built
Year Built: 1917
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Ranch
Property Information
Parcel Number: 06003926001000

Price & Status

Price
List Price: $140,000Price Per Sqft: $122/sqft
Status Change & Dates
Off Market Date: Thu May 07 2026

Active Status

MLS Status: Closed

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

Building

Building Area
Building Area: 1170 Square Feet

Community

Not Senior Community

HOA

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

Lot Information

Lot Area: 0.29 acres

Offer

Listing Terms: Cash, Conventional, FHA, VA Loan

Miscellaneous

BasementMls Number: 739035Living Area Range Units: Square FeetAttribution Contact: (515) 210-5294Above Grade Unfinished Area Units: Square FeetBelow Grade Unfinished Area Units: Square FeetUniversal Property Id: US-19153-N-06003926001000-R-N

Additional Information

Days On Market Replication: 6
Last check for updates: about 9 hours ago
Listed by Hannah Reysack, (515) 210-5294
Caliber Realty
Bought with: Joanne May, (515) 979-4279, RE/MAX Concepts
Originating MLS: Des Moines Area Association of REALTORS
Source: DMMLS, MLS#739035

Price History for 2506 E 40th Ct

DatePriceEventSource
05/29/2026$143,000Sold
DMMLS #739035
05/07/2026$140,000PendingDMMLS #739035
04/23/2026$140,000Listed For SaleDMMLS #739035
02/19/2008$94,500Sold
N/A
11/21/2007$100,000Listed For SaleAgent Provided

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
Assessment$173,700
Home facts updated by county records

Comparable Sales for 2506 E 40th Ct

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.26
Single-Family Home
$153,000
04/24/26
2
1
1,110
0.14
Single-Family Home
$159,500
08/27/25
2
1
864
0.30
Single-Family Home
$159,900
03/26/26
2
1
780
0.16
Single-Family Home
$212,000
06/01/26
3
1
1,123
0.15
Single-Family Home
$177,000
10/07/25
2
1
816
0.15
Single-Family Home
$170,000
07/13/26
2
1
720
0.23
Single-Family Home
$169,000
04/06/26
2
1
926
0.26
Single-Family Home
$150,000
03/31/26
2
1
768
0.17
Single-Family Home
$169,500
09/08/25
3
1
910

Nearby homes

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Assigned Schools

These are the assigned schools for 2506 E 40th Ct.
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

Apartments for Rent

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Homes for sale near 2506 E 40th Ct

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Off Market Homes Near 2506 E 40th Ct

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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.