1405 48th Street Des Moines, IA $ 139,900
1405 48th Street
$ 139,900
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1405 48th Street

Des Moines, IA, 50311
$ 139,900
Bedrooms2 Baths1.0 Sq 790

Monthly Estimate*

$ 883

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Single Family Home for sale in Des Moines, IA

for $139,900 with 2 bedrooms and 1 full bath. This 790 square foot home was built in 1922 on a lot size of 0.16.

Opportunity is knocking in the desirable Waveland neighborhood! This charming 2-bedroom, 1-bath bungalow is the perfect opportunity for an owner-occupant or investor looking to add their personal touches. Recent updates include a new roof and gutters, plus professionally braced basement walls. Inside, you’ll find an open-concept layout connecting the living room, dining area, and kitchen, creating a bright and functional space. Step outside to a spacious rear deck that’s already wired for a hot tub, plus a nice 4 season porch at the front of the home—perfect for relaxing or entertaining. The basement offers even more potential, with framing, electrical, and insulation already in place for future finishing. Located just north of University Avenue in the sought-after Waveland neighborhood, you’ll enjoy quick access to shopping, dining, parks, golf, and downtown Des Moines. Best of all, this home qualifies for both NFC financing and the Invest DSM grant program, providing excellent opportunities for buyers to make improvements and build equity. Don’t miss your chance to make this affordable Waveland home your own!

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Single Family Active

Price

$ 139,900

Bedrooms

2

Full Bath

1

Property Type

Single Family

Taxes

$ 2,600

Style

Lot Size

0.16

Year Built

1922

Town/City

Des Moines

County/Region

Polk

MLS | Web ID

744667

List By
Ben Bjorholm

Listing Agent

1 Percent Lists Evolution

Broker

ben@1percentlists.com

Email

Affordability Calculator

$1,100
Per Month
80%
20%
0%
Monthly Principal & Interest
$883
Monthly Property Taxes
$217
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
7/8/2026$139,900 Listed Price

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1405 48th Street, Des Moines, IA, 50311 is a Single Family Home for sale at $139,900 with 790 sqft and a lot size of 0.16. 1405 48th Street has 2 bedrooms, 1.0 baths, and was built in 1922. The property's zip code is 50311 which is in Des Moines, IA