505 Payton Avenue Des Moines, IA $ 135,000
505 Payton Avenue
$ 135,000
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505 Payton Avenue

Des Moines, IA, 50315
$ 135,000
Bedrooms2 Baths1.0 Sq 1,412

Monthly Estimate*

$ 831

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Single Family Home for sale in Des Moines, IA

for $135,000 with 2 bedrooms and 1 full bath. This 1,412 square foot home was built in 1918 on a lot size of 0.143.

Investor opportunity in South Des Moines! This spacious 2-bedroom home offers over 1,400 finished square feet and incredible potential for investors, flippers, rental property buyers, or homeowners looking to build equity through improvements. Featuring generous living areas and a large kitchen with plenty of space for entertaining or everyday living, this property provides flexibility and room to add value. A finished attic creates additional usable space perfect for a home office, playroom, bonus room, hobby space, or potential expansion opportunities. Located in South Des Moines with convenient access to shopping, dining, parks, schools, and major commuter routes, this home offers the chance to renovate, customize, and maximize potential. Whether you're searching for an investment property, fixer-upper opportunity, or value-add home in Des Moines, this property is full of possibilities.

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Single Family Active

Price

$ 135,000

Bedrooms

2

Full Bath

1

Property Type

Single Family

Taxes

$ 2,397

Style

Lot Size

0.143

Year Built

1918

Town/City

Des Moines

County/Region

Polk

MLS | Web ID

741537

List By
Nikki Snyder

Listing Agent

Cellar Door Realty

Broker

nikki@snydersellsdsm.com

Email

Affordability Calculator

$1,031
Per Month
81%
19%
0%
Monthly Principal & Interest
$831
Monthly Property Taxes
$200
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4324878 Elementary School
4324877 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/25/2026$135,000 Listed Price

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505 Payton Avenue, Des Moines, IA, 50315 is a Single Family Home for sale at $135,000 with 1,412 sqft and a lot size of 0.143. 505 Payton Avenue has 2 bedrooms, 1.0 baths, and was built in 1918. The property's zip code is 50315 which is in Des Moines, IA