2544 Vale Street, Des Moines, IA 50317
Local realty services provided by:CENTURY 21 Signature Real Estate
2544 Vale Street,Des Moines, IA 50317
$124,000
- 2 Beds
- 1 Baths
- 688 sq. ft.
- Single family
- Active
Listed by: les reu, peter jaques
Office: weichert, realtors - the 515 agency
MLS#:733326
Source:IA_DMAAR
Price summary
- Price:$124,000
- Price per sq. ft.:$180.23
About this home
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.
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Home facts
- Year built:1955
- Listing ID #:733326
- Added:138 day(s) ago
- Updated:January 26, 2026 at 10:51 PM
Rooms and interior
- Bedrooms:2
- Total bathrooms:1
- Full bathrooms:1
- Living area:688 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Forced Air, Gas, Natural Gas
Structure and exterior
- Roof:Asphalt, Shingle
- Year built:1955
- Building area:688 sq. ft.
- Lot area:0.14 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$124,000
- Price per sq. ft.:$180.23
- Tax amount:$2,004
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