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About This Home

This 1-bedroom, 1-bathroom multi-family at 400 Walnut Street in Des Moines, IA is listed for $175,000 ($189 per sqft). Built in 1930, the home offers 925 sqft of living space on a N/A lot.

Agent Description

Live in the center of it all at the Historic Kirkwood Hotel! Built in 1930 and transformed into luxury condos in 2018, this fully furnished 1-bedroom, 1-full bath home offers 925 sq. ft. of stylish downtown living. Oversized- East facing windows fill the space with natural light, highlighting a modern design with historic character.

The building offers amenities including a fitness center, secure entrance & lower-level storage. Step outside your door at 400 Walnut Street and explore all that downtown Des Moines has to offer: restaurants, coffee shops, nightlife, concerts, the Sculpture Park, the farmers market, and the skywalk system are all just a short walk away.

Investor-friendly with flexible options for AirBnB, short-term, or long-term rental. Whether you're looking for a chic downtown home or an income-producing property, this condo checks all the boxes! *One covered parking space in attached garage can be rented $120/month! Pet friendly!

Key Features

  • Built in 1930

Property Details

1 full
#403
1930

Amenities

A/C

Monthly Cost Estimate

$1,409/mo

20% down · 6.5% · 30 years

Principal$127
Interest$758
Insurance$51
HOA$473

Estimates only. Actual payments may vary.

Location

400 Walnut Street

Des Moines, IA 50309

Features & Amenities

Interior Features

DiningAreaEatInKitchenWindowTreatments

Property Details

Flooring

Tile

Construction

Brick

Parking

Garage

Heating

Forced AirElectric (Heating)

Cooling

Central Air

Appliances

DryerDishwasherMicrowaveRefrigeratorStoveWasher

Questions & Answers

This 1-bedroom, 1-bathroom multi-family at 400 Walnut Street is listed at $175,000 ($189/sqft). The estimated monthly payment is $1,231 based on 20% down at 6.5% interest.

HOA fees are $473/month.

Key features include: Built in 1930. Interior Features: DiningArea, EatInKitchen, WindowTreatments.

This property is listed by Shannon Salmon and can be reached at 6123276536 or shannon.l.salmon@gmail.com.

SS

Shannon Salmon

Agent at RE/MAX Concepts

(612) 327-6536

Listed by RE/MAX Concepts · View on Broker Site

MLS# 741099· Source: listhub· Updated 13 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.

400 Walnut Street, Des Moines, IA 50309

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