505 Payton Avenue
Des Moines, IA 50315
2
Bed
1
Bath
1,412Sqft
0.14Acre(Lot)
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 prope
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 2Bathroom Information
Total Baths: 1 Full Baths: 1Room Information
Has Basement: Yes Basement: Unfinished -
Flooring Information
Carpet, Laminate -
Roofing Information
Asphalt, Shingle -
Interior Features
Roof: Asphalt, Shingle Appliances: Cooktop, Refrigerator -
Heating & Cooling
Has Heating: Yes Heating: Natural Gas, Forced Air Has Cooling: Yes Cooling: Central Air
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Building Information
Year Built: 1918 Building Area Total: 1412 Construction Materials: Wood Siding Patio And Porch Features: Deck Private Pool: No
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Lot Information
Main Square Feet: 0.143 Acres Lot Size Acres: 0.143 Lot Size Square Feet: 6250 Lot Description: Rectangular Lot
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Listing Price Information
Listing Price: $135000 Cash, Conventional
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Tax Information
Parcel Number: 12000733000000 Annual Tax: $2397 Tax Legal Desc: N 150 F LOT 183 CUMMINSFORD
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Utility Information
Cable Available -
Location Information
Direction: Take Army Post East to SW 5th, left on SW 5th, then right on Payton to 505 Payton WaterSource: Public Security Features: Smoke Detector(s)
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 2824 SE 10th Street, Des Moines, IA, 50315 | $235,000 | 5 | 1 | 1,040 | 1,040 SqFt |
| 4121 SE 10th Street, Des Moines, IA, 50315 | $200,000 | 3 | 1 | 864 | 864 SqFt |
| 4314 SE 10th Street, Des Moines, IA, 50315 | $222,900 | 3 | 1 | 864 | 864 SqFt |
| 2327 SE 8th Street, Des Moines, IA, 50315 | $268,000 | 3 | 2 | 1,115 | 1,115 SqFt |
| 2413 SE 8th Street, Des Moines, IA, 50315 | $148,000 | 2 | 2 | 442 | 442 SqFt |
| 817 E Diehl Avenue, Des Moines, IA, 50315 | $241,500 | 4 | 2 | 880 | 880 SqFt |
| 815 E Mckinley Avenue, Des Moines, IA, 50315 | $290,000 | 4 | 2 | 1,856 | 1,856 SqFt |
| 3136 SE 8th Street, Des Moines, IA, 50315 | $199,999 | 3 | 2 | 1,141 | 1,141 SqFt |
| 3300 SE 8th Street, Des Moines, IA, 50315 | $306,950 | 3 | 3 | 1,445 | 1,445 SqFt |
| 801 & 807 E Mckinley Av.., Des Moines, IA, 50315 | $550,000 | 8 | 4 | 3,499 | 3,499 SqFt |
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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 06/14/2026 @ 17:56
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