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About This Home

This 2-bedroom, 1-bathroom single family at 1339 E Sheridan Avenue in Des Moines, IA is listed for $100,000 ($114 per sqft). Built in 1918, the home offers 876 sqft of living space on a 0.15 acres lot.

Agent Description

Affordable opportunity near Grand View University! Located at 1339 Sheridan Ave, this 2-bedroom, 1-bath home offers strong potential for investors, first-time buyers, or families looking to build equity at an entry-level price point. The home features a functional layout with main-level living, spacious rooms, and a manageable yard.

While the property is in rough condition and will require repairs and updates, it is priced accordingly and presents an excellent value-add opportunity. Ideal for a rental, flip, or long-term residence, especially given its close proximity to Grand View University, downtown Des Moines, parks, schools, and major commuting routes.

The convenient location enhances both livability and rental appeal. Whether you're an investor seeking your next project or a buyer ready to customize a home to fit your needs, this property offers flexibility and upside. Property is being sold as-is, with no repairs to be made by the seller. Don't miss the chance to own in an established neighborhood with growth potential at an affordable price.

Key Features

  • Built in 1918
  • 0.15 acre lot

Property Details

1 story
1 full
1918

Amenities

HardwoodA/C

Monthly Cost Estimate

$535/mo

20% down · 6.5% · 30 years

Principal$72
Interest$433
Insurance$29

Estimates only. Actual payments may vary.

Location

1339 E Sheridan Avenue

Des Moines, IA 50316

Features & Amenities

Exterior Features

FullyFenced

Property Details

Flooring

Hardwood

Construction

WoodSiding

Parking

Garage

Heating

Natural GasForced Air

Cooling

Central Air

Appliances

DishwasherRefrigeratorStove

Questions & Answers

This 2-bedroom, 1-bathroom single family at 1339 E Sheridan Avenue is listed at $100,000 ($114/sqft). The estimated monthly payment is $433 based on 20% down at 6.5% interest.

Key features include: Built in 1918, 0.15 acre lot. Exterior Features: FullyFenced.

This property is listed by Pennie Carroll and can be reached at 5154908025 or pennie@penniecarroll.com.

PC

Pennie Carroll

Agent at Pennie Carroll & Associates

(515) 490-8025

Listed by Pennie Carroll & Associates · View on Broker Site

MLS# 733380· Source: listhub· Updated 126 days ago

Copyright © 2026 Des Moines Area Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1339 E Sheridan Avenue, Des Moines, IA 50316

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