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For sale
  • $124,000

    2544 Vale St, Des Moines, IA 50317

    2beds
    688sqft
    : 
    Single Family Residence
    Built in 1955
    6,229.08 Square Feet Lot
    $118,700 Zestimate®
    $180/sqft
    $-- HOA

    What's special

    Ranch layout
    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.
    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#: 733326MLS 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
      • 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
        DateEventPrice
        1/23/2026Listed for sale$124,000$180/sqft
        Source: DMMLS #733326 Report a problem
        12/12/2025Listing removed--
        Source: Owner Report a problem
        11/19/2025Listed for sale$124,000$180/sqft
        Source: Owner Report a problem
        9/16/2025Listing removed$124,000$180/sqft
        Source: DMMLS #725959 Report a problem
        9/10/2025Listed for sale$124,000-0.4%$180/sqft
        Source: DMMLS #725959 Report a problem
        4/30/2024Listing removed--
        Source: DMMLS #689266 Report a problem
        3/29/2024Price change$124,500-4.2%$181/sqft
        Source: DMMLS #689266 Report a problem
        2/13/2024Listed for sale$130,000+225%$189/sqft
        Source: DMMLS #689266 Report a problem
        2/1/2021Sold$40,000-38.5%$58/sqft
        Source: Public Record Report a problem
        2/25/2019Listing removed$800$1/sqft
        Source: Zillow Rental Manager Report a problem
        12/10/2018Listed for rent$800+23.1%$1/sqft
        Source: Zillow Rental Manager Report a problem
        12/4/2015Listing removed$65,000$94/sqft
        Source: Keller Williams - Greater Des Moines #454913 Report a problem
        6/11/2015Listed for sale$65,000+91.2%$94/sqft
        Source: Keller Williams - Greater Des Moines #454913 Report a problem
        4/1/2015Listing removed$650$1/sqft
        Source: Real Property Management Report a problem
        3/31/2015Listed for rent$650$1/sqft
        Source: Real Property Management Report a problem
        9/12/2013Sold$34,000-57.2%$49/sqft
        Source: Public Record Report a problem
        11/16/2006Sold$79,500+169.5%$116/sqft
        Source: Public Record Report a problem
        8/9/2006Sold$29,500-49.7%$43/sqft
        Source: Public Record Report a problem
        4/17/2006Sold$58,641+70%$85/sqft
        Source: Public Record Report a problem
        3/31/2000Sold$34,500-1.4%$50/sqft
        Source: Public Record Report a problem
        10/12/1998Sold$35,000$51/sqft
        Source: Public Record Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax 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
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          Climate risks

          Neighborhood: Chesterfield

          Getting around

          7 / 100
          Car-Dependent
          0 / 100
          No Nearby Transit
          34 / 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.

          Local experts in 50317

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