SELLER FINANCING OR CONTRACT SALE may be available, creating a rare opportunity for buyers seeking flexible terms, lower upfront capital requirements, or an easier path to ownership. Whether you’re a first-time home buyer looking for an affordable entry point or an investor targeting a buy-and-hold rental with solid cash flow and appreciation potential, this property checks the boxes for location, simplicity, and financial performance.
Well-located 2-bedroom, 1-bath ranch offering 688 square feet of efficient single-level living on a .143-acre lot, just south of the new MLK Jr. Parkway with an easy 9-minute commute to downtown Des Moines per Google Maps. This no-basement home (crawl space or slab) provides a simple, low-maintenance footprint ideal for both owner-occupants and investors.
Currently tenant-occupied at $1,024 per month, the property delivers immediate rental income with strong rent-to-price fundamentals and long-term upside tied to continued development along the MLK Jr. Parkway corridor. The ranch layout supports broad tenant and buyer appeal, while the lot size offers outdoor space without excessive upkeep.
For sale
$124,000
2544 Vale St, Des Moines, IA 50317
2beds
688sqft
Est.:
Single Family Residence
Built in 1955
6,229.08 Square Feet Lot
$118,700 Zestimate®
$180/sqft
$-- HOA
What's special
Ranch layout
- 71 days |
- 330 |
- 9 |
Zillow last checked: 7 hours ago
Listing updated: March 31, 2026 at 08:33am
Listed by:
Peter Jaques 515-341-3849,
Weichert, Realtors - The 515 Agency
Source: DMMLS,MLS#: 733326
Originating 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
- Forced Air, Gas, Natural Gas
Cooling
- Central Air
Features
- Basement: Crawl Space
Interior area
- Total structure area: 688
- Total interior livable area: 688 sqft
Property
Lot
- Size: 6,229.08 Square Feet
- Dimensions: 48 x 130
Details
- Parcel number: 05000406000000
- Zoning: Res
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
- Foundation: Block
- Roof: Asphalt,Shingle
Condition
- Year built: 1955
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: $180/sqft
- Tax assessed value: $93,400
- Annual tax amount: $2,004
- Date on market: 1/23/2026
- Cumulative days on market: 71 days
- Listing terms: Cash,Conventional,Contract,FHA,VA Loan
- Road surface type: Concrete
Estimated market value
$118,700
$113,000 - $125,000
$1,262/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 1/23/2026 | Listed for sale | $124,000$180/sqft |
Source: | ||
| 12/12/2025 | Listing removed | -- |
Source: Owner Report a problem | ||
| 11/19/2025 | Listed for sale | $124,000$180/sqft |
Source: Owner Report a problem | ||
| 9/16/2025 | Listing removed | $124,000$180/sqft |
Source: | ||
| 9/10/2025 | Listed for sale | $124,000-0.4%$180/sqft |
Source: | ||
| 4/30/2024 | Listing removed | -- |
Source: | ||
| 3/29/2024 | Price change | $124,500-4.2%$181/sqft |
Source: | ||
| 2/13/2024 | Listed for sale | $130,000+225%$189/sqft |
Source: | ||
| 2/1/2021 | Sold | $40,000-38.5%$58/sqft |
Source: Public Record Report a problem | ||
| 2/25/2019 | Listing removed | $800$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 12/10/2018 | Listed for rent | $800+23.1%$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 12/4/2015 | Listing removed | $65,000$94/sqft |
Source: Keller Williams - Greater Des Moines #454913 Report a problem | ||
| 6/11/2015 | Listed for sale | $65,000+91.2%$94/sqft |
Source: Keller Williams - Greater Des Moines #454913 Report a problem | ||
| 4/1/2015 | Listing removed | $650$1/sqft |
Source: Real Property Management Report a problem | ||
| 3/31/2015 | Listed for rent | $650$1/sqft |
Source: Real Property Management Report a problem | ||
| 9/12/2013 | Sold | $34,000-57.2%$49/sqft |
Source: Public Record Report a problem | ||
| 11/16/2006 | Sold | $79,500+169.5%$116/sqft |
Source: Public Record Report a problem | ||
| 8/9/2006 | Sold | $29,500-49.7%$43/sqft |
Source: Public Record Report a problem | ||
| 4/17/2006 | Sold | $58,641+70%$85/sqft |
Source: Public Record Report a problem | ||
| 3/31/2000 | Sold | $34,500-1.4%$50/sqft |
Source: Public Record Report a problem | ||
| 10/12/1998 | Sold | $35,000$51/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,838 -4.6% | $93,400 |
| 2023 | $1,926 +0.8% | $93,400 +14.3% |
| 2022 | $1,910 +6% | $81,700 |
| 2021 | $1,802 -3.7% | $81,700 +13.2% |
| 2020 | $1,872 +11.8% | $72,200 |
| 2019 | $1,674 +1% | $72,200 +15.9% |
| 2018 | $1,658 | $62,300 |
| 2017 | $1,658 +68.8% | $62,300 +3.3% |
| 2016 | $982 | $60,300 |
| 2015 | $982 -2.2% | $60,300 -3.1% |
| 2014 | $1,004 | $62,200 |
| 2013 | -- | $62,200 -0.2% |
| 2012 | -- | $62,300 |
| 2011 | -- | $62,300 +1.1% |
| 2010 | -- | $61,600 |
| 2009 | -- | $61,600 +1.1% |
| 2008 | -- | $60,900 |
| 2007 | -- | $60,900 +85.1% |
| 2006 | -- | $32,900 |
| 2005 | -- | $32,900 +21.8% |
| 2003 | -- | $27,020 +22.5% |
| 2002 | -- | $22,060 |
| 2001 | -- | $22,060 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$795/mo
Principal & interest
$639
Property taxes
$156
More affordability tools
Climate risks
Neighborhood: Chesterfield
Nearby schools
GreatSchools rating
- 4/10Willard Elementary SchoolGrades: K-5Distance: 0.9 mi
- 1/10Hoyt Middle SchoolGrades: 6-8Distance: 3.3 mi
- 2/10East High SchoolGrades: 9-12Distance: 2 mi
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.
Local experts in 50317
- Iowa
- Polk County
- Des Moines
- 50317
- Chesterfield
- 2544 Vale St





