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1405 48th Street

Des Moines, IA 50311
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Bed 2

Bed

Bath 1

Bath

SqFt790

Sqft

Acres0.16

Acre(Lot)

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, y ou’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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Detail Ic Property Details

Property Type : Residential

Price : $139,900

AD Id : 87783894

MLS Id : 744667

Beds : 2

Lot Size : 0.16 Acre

Living Area Size : 790

Year Built : 1922

Garage : 1

County : Polk

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Feature Features

  • Bedroom Information

    Total beds: 2

    Bathroom Information

    Total Baths: 1 Full Baths: 1

    Room Information

    Has Basement: Yes Basement: Partially Finished
  • Flooring Information

    Carpet, Vinyl
  • Roofing Information

    Asphalt, Shingle
  • Interior Features

    Roof: Asphalt, Shingle Appliances: Cooktop, Dryer, Refrigerator, Washer
  • Heating & Cooling

    Has Heating: Yes Heating: Natural Gas, Forced Air Has Cooling: Yes Cooling: Window Unit(s)

  • Building Information

    Year Built: 1922 Building Area Total: 790 Construction Materials: Frame Patio And Porch Features: Deck, Porch, Screened Private Pool: No

  • Lot Information

    Lot Dimensions: 50X139 Main Square Feet: 0.16 Acres Lot Size Acres: 0.16 Lot Size Square Feet: 6950 Lot Description: Rectangular Lot

  • Listing Price Information

    Listing Price: $139900 Cash, Conventional

  • Tax Information

    Parcel Number: 10012560000000 Annual Tax: $2600 Tax Legal Desc: LOT 38 WAVELAND HEIGHTS

  • Parking Information

    Detached, Garage

    Garage Information

    Has Garage: Yes Garage Space: 1

  • Utility Information

    Cable Available
  • Location Information

    Direction: University Ave to 48th St, north to home WaterSource: Public Security Features: Smoke Detector(s)
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1440 21st Street, Des Moines, IA, 50311 $190,000 4 2 2,196 2,196 SqFt
2124 Drake Park Avenue, Des Moines, IA, 50311 $239,900 2 2 1,394 1,394 SqFt
2210 University Avenue, Des Moines, IA, 50311 $179,900 4 3 1,440 1,440 SqFt
1357 23rd Street, Des Moines, IA, 50311 $115,000 2 1 795 795 SqFt
2303 Carpenter Avenue, Des Moines, IA, 50311 $225,000 1 -- 2,734 2,734 SqFt
1355 24th Street, Des Moines, IA, 50311 $260,000 4 2 2,064 2,064 SqFt
1011 24th Street, Des Moines, IA, 50311 $275,000 4 3 1,452 1,452 SqFt
1121 26th Street, Des Moines, IA, 50311 $419,000 6 3 2,283 2,283 SqFt
1132 26th Street, Des Moines, IA, 50311 $507,500 4 3 1,932 1,932 SqFt
1147 27th Street, Des Moines, IA, 50311 $489,000 5 4 1,792 1,792 SqFt

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange of the Des Moines Area Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2026 Des Moines Area Association of REALTORS®. All Rights Reserved.

ByOwner last updated this listing 07/19/2026 @ 14:38

MLS: 744667 LISTED BY: Benjamin Bjorholm, 1 Percent Lists Evolution 515-250-1911 SOURCE: Des Moines Area Association of REALTORS

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