# 400 Walnut Street, Des Moines, IA 50309

> **TL;DR:** 1bd/1ba multi-family, $175,000 ($189/sqft), built 1930, 925 sqft.
> A/C. Est. $1,231/mo. Listed 13 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $175,000 |
| Price/sqft | $189 |
| Bedrooms | 1 |
| Bathrooms | 1 full |
| Square Feet | 925 |
| Year Built | 1930 |
| Property Type | Multi-Family (Apartment) |
| Status | For Sale |
| Days on Market | 13 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $758 |
| HOA | $473 |
| **Total** | **$1,231** |

## Key Amenities

- A/C

## Property Highlights

- Built in 1930

## Description

### 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!

## Location

- **Address:** 400 Walnut Street, Des Moines, IA 50309
- **County:** Polk
- **Coordinates:** 41.586055, -93.622403
- **Google Maps:** https://www.google.com/maps?q=41.586055,-93.622403

## Listing Agent

- **Name:** Shannon Salmon
- **Brokerage:** RE/MAX Concepts
- **Phone:** 6123276536
- **Email:** shannon.l.salmon@gmail.com

## Primary Photo

![400 Walnut Street - Primary Photo](http://lh.rdcpix.com/8a28023795dc1ecb593af0037ac0d4cel-f2807359392r.jpg)

*16 total photos available on [listing page](https://www.propertysimple.com/listing/400-walnut-street-des-moines-ia-50309-a741099)*

---

**MLS#:** 741099 | **Updated:** 2026-06-18
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/400-walnut-street-des-moines-ia-50309-a741099)

---

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