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For sale
  • $135,000

    2048 E Walnut St, Des Moines, IA 50317

    2beds
    891sqft
    : 
    Single Family Residence
    Built in 1915
    5,880.6 Square Feet Lot
    $131,400 Zestimate®
    $152/sqft
    $-- HOA

    What's special

    Updated plumbing and electrical
    Opportunity awaits at this 2-bedroom, 1-bath home located at 2048 E Walnut Street. Whether you're looking for your next flip project or a solid addition to your rental portfolio, this property offers the perfect canvas to bring your vision to life. Inside, you'll find a functional layout with great flow and plenty of potential to enhance and customize. Major updates have already been taken care of, including updated plumbing and electrical, giving you a strong head start on renovations. The detached garage adds extra storage or workspace, while the lot provides additional possibilities for outdoor improvements. Conveniently located just minutes from Downtown Des Moines, this home offers easy access to shopping, dining, and major roadways—making it an attractive option for future tenants or buyers. With solid bones, key system updates, and a prime location, this is an excellent investment opportunity you won’t want to miss. This is an assignment of contract (wholesale deal). Seller does not hold title
    15 days
    |
    595
    |
    39
    |

    Likely to sell faster than

    Zillow last checked: 7 hours ago

    Listing updated: March 26, 2026 at 10:26am

    Listed by:

    Jeffrey Hagel 855-695-5603,

    Jeff Hagel Real Estate

    Source: DMMLS,MLS#: 737059MLS LogoOriginating MLS: Des Moines Area Association of REALTORS

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 1
      • Full bathrooms: 1
      • Main level bedrooms: 2
      Heating
      • Gas, Natural Gas
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Microwave, Refrigerator, Stove
      Features
      • Basement: Unfinished
      Interior area
      • Total structure area: 891
      • Total interior livable area: 891 sqft

      Property

      Parking
      • Total spaces: 1
      • Parking features: Detached, Garage, One Car Garage
      • Garage spaces: 1
      Features
      • Stories: 1
      Lot
      • Size: 5,880.6 Square Feet
      • Dimensions: 40 x 147
      Details
      • Parcel number: 04006323000000
      • Zoning: r1

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Ranch
      • Property subtype: Single Family Residence
      Materials
      • Metal Siding, Vinyl Siding
      • Foundation: Block
      • Roof: Asphalt,Shingle
      Condition
      • Year built: 1915

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      HOA
      • Has HOA: No
      Location
      • Region: Des Moines

      Financial & listing details

      • Price per square foot: $152/sqft
      • Tax assessed value: $123,400
      • Annual tax amount: $2,428
      • Date on market: 3/26/2026
      • Listing terms: Cash,Conventional

        Estimated market value

        $131,400

        $125,000 - $138,000

        $1,279/mo

        Price history

        Price history
        DateEventPrice
        3/26/2026Listed for sale$135,000+8.1%$152/sqft
        Source: DMMLS #737059 Report a problem
        7/8/2019Listing removed$124,900$140/sqft
        Source: Berkshire Hathaway HomeServices First Realty #583179 Report a problem
        5/23/2019Listed for sale$124,900+10.5%$140/sqft
        Source: Berkshire Hathaway HomeServices First Realty #583179 Report a problem
        8/8/2017Sold$113,000-1.7%$127/sqft
        Source: DMMLS #542714 Report a problem
        7/3/2017Pending sale$114,900$129/sqft
        Source: Greater Des Moines #542714 Report a problem
        6/27/2017Listed for sale$114,900+170.4%$129/sqft
        Source: Keller Williams Realty GDM #542714 Report a problem
        4/20/2017Sold$42,500-5.6%$48/sqft
        Source: DMMLS #535227 Report a problem
        3/15/2017Listed for sale$45,000$51/sqft
        Source: Iowa Realty Co., Inc. #535227 Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2024$2,428 +4.9%$123,400
        2023$2,314 +0.8%$123,400 +25.7%
        2022$2,296 +6.5%$98,200
        2021$2,156 -3.8%$98,200 +13.7%
        2020$2,240 +19.8%$86,400
        2019$1,870 +1%$86,400 +24.1%
        2018$1,852 $69,600
        2017$1,852 +99.1%$69,600 +6.7%
        2016$930 $65,200
        2015$930 +3.6%$65,200 -0.9%
        2014$898 $65,800
        2013-- $65,800 -12.3%
        2012-- $75,000
        2011-- $75,000 -1.2%
        2010-- $75,900
        2009-- $75,900 +1.1%
        2008-- $75,100
        2007-- $75,100 +24.3%
        2006-- $60,400
        2005-- $60,400 +16.8%
        2003-- $51,710 -4.5%
        2002-- $54,150
        2001-- $54,150

        Find assessor info on the county website

        Monthly payment

        Est. payment
        $857/mo
        Principal & interest
        $687
        Property taxes
        $170
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          Climate risks

          Neighborhood: Fairground

          Getting around

          41 / 100
          Car-Dependent
          33 / 100
          Some Transit
          40 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • District: Des Moines Independent

          Source: DMMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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