Des Moines Homes under $500,000

Des Moines Homes under $500,000

Welcome to Des Moines, Iowa, a vibrant city that beautifully blends rich history with modern living. Nestled in Polk County, Des Moines is the state capital and a bustling hub for culture, commerce, and community. Known for its friendly atmosphere and diverse neighborhoods, this city offers something for everyone, making it an ideal place to call home.

Des Moines boasts a thriving arts scene, highlighted by the renowned Des Moines Art Center and the lively events at the Pappajohn Sculpture Park. For those who enjoy the great outdoors, the city is dotted with beautiful parks, trails, and recreational areas, including the scenic Gray's Lake Park and the expansive Water Works Park, perfect for leisurely strolls or afternoon picnics.

When it comes to real estate, Des Moines is an exceptional place for homebuyers seeking value. With a variety of homes available under $500,000, you can find charming single-family residences, modern townhouses, and cozy bungalows that fit your lifestyle and budget. Whether you’re a first-time buyer or looking to downsize, the market here offers an impressive selection of properties, many with attractive features such as spacious yards, updated kitchens, and proximity to local amenities.

As you explore the neighborhoods of Des Moines, you’ll discover a strong sense of community, excellent schools, and a vibrant local economy. With its affordable housing options and welcoming spirit, Des Moines is not just a place to live; it’s a place to thrive. Come experience the charm and opportunity that this wonderful city has to offer!

Newest Des Moines Homes under $500,000

148 E. Sheridan Avenue, Des Moines
$115,000
2 Beds ⋅ 2 Baths ⋅ 752977 MLS

148 E. Sheridan Avenue, Des Moines
3808 Aurora Avenue, Des Moines
$245,000
3 Beds ⋅ 2 Baths ⋅ 752975 MLS
Move right in!  This ranch is extra clean and ready to go. Fresh paint, new carpet, and new blinds. Newer kitchen and dishwasher plus brand new range and microwave. Hardwood Floors in bedrooms. Lower level is finished with tile floors, two large rooms, plus a great playroom and half bath. Large two car garage, deck, and partially fenced yard. All in an established area of well taken care of homes. Convenient to shopping and restaurants. Start the new year right in this cozy and cute home!

3808 Aurora Avenue, Des Moines
1427 21st Street, Des Moines
$179,000
3 Beds ⋅ 1 Baths ⋅ 752966 MLS
Move in and enjoy the updates, with room to build equity downstairs! This three-bedroom bungalow offers updated main-level living and an unfinished basement with a head start toward finished space. A partially covered front deck opens into an open living room that flows into an eat-in kitchen. Granite countertops, tile backsplash, a Bosch gas range, updated appliances, and a new sink with a coil-spring faucet complement the open shelving. Luxury vinyl plank flooring, paint, and updated doors and trim carry through the main level. All three bedrooms are on the main floor, along with a full bathroom featuring an updated toilet, vanity, showerhead, and illuminated vanity mirror. One bedroom includes a closet and a sliding door to the back deck, where replaced deck boards and two sets of stairs lead to the fully fenced yard. Built in 1981, the home features exterior paint completed within the past few years and gutters and downspouts replaced last year. Downstairs, an installed egress window, bathroom plumbing rough-in, and partially completed framing and insulation offer a starting point for a potential fourth bedroom, second bathroom, and flexible living space, subject to applicable permits and requirements. A shower, toilet, vanity, and additional insulation and drywall are already on-site. Basement completion before closing may be negotiated as part of an acceptable offer. Currently operating as an Airbnb, the home offers negotiable furniture and household items.

1427 21st Street, Des Moines
2721 Sampson Street, Des Moines
$259,900
3 Beds ⋅ 2 Baths ⋅ 752970 MLS
Meticulously cared for and in pristine condition, this ranch home has craftsmanship and quality detail you have to see in person. Pride of ownership shows throughout, from the beautiful trim carpentry to the refinished hardwood floors in the open floor plan.The updated kitchen opens to a spacious dining area and an enormous living room, which makes the home easy to live in and great for entertaining. Built-in surround sound adds to movie nights and gatherings. A 16' x 18' room addition on the back gives the kitchen and primary bedroom extra space. The primary bedroom also has a vaulted ceiling. The main level has two bedrooms and an updated bathroom.The finished lower level adds a family room, a third bedroom and a 3/4 bath, which works well for guests, a home office or a hangout space. Laundry is also on this level.Outside, a large cement patio, tasteful landscaping and mature trees, all in a fully fenced backyard. An extra concrete slab gives you a place to park a camper or boat. The 28' x 24' heated, detached 2.5-car garage has room for vehicles, tools and projects all year.The home sits in a quiet neighborhood in the popular, growing area near Grand View University, with easy access to downtown, the Capitol complex and the rest of the metro. This home is located in a Neighborhood Finance Corporation (NFC) area, where eligible buyers may qualify for $12,500 in forgivable funds. Contact NFC for program details and eligibility requirements.

2721 Sampson Street, Des Moines
4185 SE 15th Court, Des Moines
$179,000
3 Beds ⋅ 2 Baths ⋅ 752954 MLS
Great Opportunity on Des Moines' southeast side! This 3-bedroom home, with a 4th non-conforming bedroom, offers plenty of potential for homeowners looking to make a space their own or investors searching for their next opportunity. The home features a spacious garage with a shop/work area in the back, a fully fenced yard, and several valuable updates already completed, including a newer roof, brand-new central air, and new carpet in the bedrooms. Maintenance-free vinyl siding adds to the home's appeal. With a little TLC and some personal touches, this property has the potential to shine! It's set on a quiet, street, but only minutes from downtown or the HWY 5 Bypass! Don't miss the opportunity to build equity and make this home your own!

4185 SE 15th Court, Des Moines
1633 E Walnut Street, Des Moines
$350,000
7 Beds ⋅ 4 Baths ⋅ 752949 MLS
The property has separate utilities in all 3 units. Many updates have been made - vinyl windows, steel doors, 3 storage sheds, new paint - inside & out, new roof in 2023, newer furnaces & water heaters.

1633 E Walnut Street, Des Moines
2510 Westover Boulevard, Des Moines
$375,000
4 Beds ⋅ 2 Baths ⋅ 752923 MLS
Timeless charm, thoughtful spaces, and room to enjoy a little breathing room right in town. This beautiful all-brick, 1.5-story home offers 4 bedrooms, 2 bathrooms, and nearly an acre of land, blending classic character with a layout designed for everyday living. Every room feels intentional, with its own purpose and space to make your own. The main level welcomes you with two bedrooms, a full bathroom, a comfortable living area, and a dining room. Head upstairs to find a finished upper-level bedroom, while the finished lower level offers even more flexibility with an additional bedroom, bathroom, and living space. Outside, enjoy the welcoming curb appeal, generous yard, and detached two-car garage. Ideally situated close to Merle Hay, you can enjoy convenient access to city amenities while still having the space, privacy, and room to breathe that are hard to find in town. A home with timeless appeal and space to settle in and make it yours!

2510 Westover Boulevard, Des Moines
524 Grandview Avenue, Des Moines
$199,900
3 Beds ⋅ 2 Baths ⋅ 752941 MLS
Whether you're searching for your first home, looking to downsize, or hoping to add another property to your investment portfolio, this charming 3-bedroom, 2-bath ranch offers a wonderful opportunity! Step inside and discover a comfortable, functional layout designed for everyday living. The inviting living spaces provide a place to relax and unwind, while the eat-in kitchen offers a convenient spot to enjoy your morning coffee, prepare your favorite meals, or gather around the table. With two bedrooms on the main level and a third bedroom for added flexibility, there's room to create a home that fits your lifestyle. Enjoy the convenience of two full bathrooms, central air conditioning, and appliances included, making everyday living that much easier. Plus all the big ticket items are done: New roof, furnace and A/C. All freshly painted along with new flooring! Both bathrooms were newly remodeled in the last year! Reach out today for a showing! Contract terms are available as well!!

524 Grandview Avenue, Des Moines
5408 SW 7th Street, Des Moines
$175,000
3 Beds ⋅ 1 Baths ⋅ 752910 MLS
This well-cared ranch with 3 bedroom, 1 bath home offers 840 sq ft of comfortable living. The updated kitchen has plenty of cupboard space, the bathroom has been remodeled, and the family room is a great spot to gather. You'll also love the oversized two-car garage, and the mechanicals are only 10-12 years old, so you can move in with confidence. Schedule your showing today!

5408 SW 7th Street, Des Moines
1905 E 24th Street, Des Moines
$150,000
2 Beds ⋅ 1 Baths ⋅ 752930 MLS
You're going to love this 2 bedroom, 1 bath your new home. The big updates are already done, so you can move right in and relax. The roof was replaced in 2022, the HVAC in 2021, and the water heater in 2020. Start your mornings on the large front 3-season porch with a cup of coffee, and come back out in the evening to unwind. Inside, the kitchen gives you plenty of room to cook, and the large pantry keeps everything organized. First-floor laundry makes everyday chores easy. The basement has plenty of room for storage, and all appliances are included. Out back, the 24x24 detached 2-car garage has room for your vehicles, tools, and weekend projects. Low-maintenance vinyl siding means less upkeep, and you're close to parks and shopping with easy access to I-235. Come see it in person, we think you'll love what you find.

1905 E 24th Street, Des Moines
1517 Delaware Avenue, Des Moines
$126,000
2 Beds ⋅ 1 Baths ⋅ 752928 MLS
Welcome to this charming 2-bedroom, 1-bath bungalow conveniently located near everything Des Moines has to offer! This home features updated flooring, a durable metal roof, newer vinyl siding, and a new air conditioning system, furnace, and electrical panel. The fenced backyard offers plenty of space for outdoor activities, pets, or entertaining, while the storage shed provides additional room for tools and lawn equipment. It's a great opportunity for buyers looking to add their personal touch or investors looking for their next property. Schedule your showing today!

1517 Delaware Avenue, Des Moines
714 31st Street, Des Moines
$224,900
3 Beds ⋅ 2 Baths ⋅ 752917 MLS
Lots of updates and easy access to all Des Moines has to offer in this completely updated historic home. Enjoy the character of an older home, with modern amenities that simplify your life. Notable updates include: New kitchen 2020, new deck 2020, new drywall 2020, new main floor flooring 2020, new windows 2020, new lighting 2020, and new electrical 2020. New furnace 2021, and new A/C 2021. New water heater in 2023. New driveway 2025, and back patio 2025. New upstairs carpeting 2026 and garage door 2026. You'll also have main floor laundry, a main floor half bath, and a 2-car garage, not an easy find for a home of this age! What you won't lose is great features like the beautiful, decorative front room fireplace, and the cozy sunroom, both perfect for large gatherings, or for lazy afternoons at anytime of the year. Not in the mood to stay in? You're walking distance to shops and restaurants on Ingersoll, or, with your closeness to I-235 and downtown, and quick drive to anywhere.

714 31st Street, Des Moines
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