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

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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