1405 48th Street, Des Moines, IA 50311
Polk County
Key Facts
Description
Opportunity is knocking in the desirable Waveland neighborhood! This charming 2-bedroom, 1-bath bungalow is the perfect opportunity for an owner-occupant or investor looking to add their personal touches. Recent updates include a new roof and gutters, plus professionally braced basement walls. Inside, you’ll find an open-concept layout connecting the living room, dining area, and kitchen, creating a bright and functional space. Step outside to a spacious rear deck that’s already wired for a hot tub, plus a nice 4 season porch at the front of the home—perfect for relaxing or entertaining. The basement offers even more potential, with framing, electrical, and insulation already in place for future finishing. Located just north of University Avenue in the sought-after Waveland neighborhood, you’ll enjoy quick access to shopping, dining, parks, golf, and downtown Des Moines. Best of all, this home qualifies for both NFC financing and the Invest DSM grant program, providing excellent opportunities for buyers to make improvements and build equity. Don’t miss your chance to make this affordable Waveland home your own!
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Style
Bungalow
Year Built
1922
Living Area
790 sq ft
Lot Size
0.16 acres
Lot Dimensions
50X139
Garage Spaces
1
Days on Market
1
MLS® Listing#
744667
Property Features
Appliances
Cooling
Heating
Flooring
Basement
Parking
Patio
Fencing
Lot Features
Construction
Foundation
Roof
Security
Utilities
Sewer
Water Source
Financial Details
HOA
None
Annual Taxes
$2,600
Parcel Number
10012560000000
Directions
University Ave to 48th St, north to home
Affordability Calculator
$27,980
Estimated monthly payment
$745/mo
Principal $111,920 · Est. interest $156,138 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Des Moines, IA
- $293,805
- Median Listing Price
- 59
- Median Days on Market
- 1,404
- Median Sq Ft
- $204
- Median Price / Sq Ft
- 1,316
- Active Listings
- This home’s price is 52% below the area median.
- Its price per sq ft is 13% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Des Moines, IA.
Location
Points of Interest in Des Moines, IA
Showing the Des Moines area map.
Nearby Schools
Perkins Elementary School
Elementary · 0.4 mi away
Franklin Jr High Event Center
School · 0.6 mi away
Des Moines Roosevelt Roughrider Athletics and Activities
School · 0.8 mi away
Theodore Roosevelt High School
Secondary · 0.8 mi away
St Theresa School
School · 0.9 mi away
Mount Olive Lutheran Church & School
School · 0.9 mi away
Hubbell Elementary School
Elementary · 0.9 mi away
Windsor Elementary School
Elementary · 0.9 mi away
Des Moines Public Schools
Elementary · 1.0 mi away
Children's Garden
Elementary · 1.1 mi away
Cowles Montessori Parents Group
Elementary · 1.2 mi away
Holy Trinity Catholic Church
School · 1.3 mi away
Plymouth Nursery School
School · 1.4 mi away
Monroe Elementary School
Elementary · 1.4 mi away
Merrill Middle School
Secondary · 1.5 mi away
St. Augustin School
School · 1.5 mi away
Callanan Middle School
Secondary · 1.5 mi away
Ruby van Meter School
School · 1.7 mi away
Des Moines Public Schools
Elementary · 1.7 mi away
Moore Elementary School
Elementary · 1.7 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 1311 Washington Avenue, Des Moines, IA | $99,500 | 2 | 2 | 751 |
| 1105 Euclid Avenue, Des Moines, IA | $99,500 | 4 | 2 | 2,412 |
| 203 SE 29th Court, Des Moines, IA | $99,900 | 2 | 1 | 864 |
| 1614 Jefferson Avenue, Des Moines, IA | $99,900 | 2 | 1 | 952 |
| 1100 E 6th Street 5, Des Moines, IA | $100,000 | 2 | 1 | 801 |
| 1120 E 6th Street 8, Des Moines, IA | $100,000 | 2 | 1 | 801 |
Moving Cost Estimate
EXIT Agents in Des Moines
Listing Courtesy: 1 Percent Lists Evolution - (515) 250-1911