$139,900

1405 48th Street, Des Moines, IA 50311

2 beds |
1 bath |
790 sqft

Single-Family Home
Built in 1922
6,970sqft lot
1 car garage
$177/sqft
Listed 19 days ago

Property Description

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!

Listing Status:: Pending
Date Added:: July 7, 2026
Data Last Updated:: July 26, 2026 at 5:18AM
Listing Office:: 1 Percent Lists Evolution : (515) 250-1911
Listing Agent:: Ben Bjorholm : (515) 250-1911
MLS ID:: 744667

General: Separate/Formal Dining RoomCable TVWindow Treatments
Appliances: DryerRefrigeratorStoveWasher
Basement: Partially Finished
Flooring: CarpetVinyl
A/C: Window Unit(s)
Heating: Forced AirGasNatural Gas

General: DeckEnclosed Porch
Style: Bungalow
Other Structures: PorchDeckScreened
Parking: DetachedGarageOne Car Garage

Roofing: AsphaltShingle
General: FrameBrick/Mortar

Road/Access: Concrete
Originating MLS: DMAAR_DM
School District: Des Moines Independent
County: Polk

Zoning: LOT 38 WAVELAND HEIGHTS10012560000000
Fencing: Chain Link

Water: Public
Sewer: Public Sewer

Source: DMAAR_DM

This listing courtesy of Ben Bjorholm , 1 Percent Lists Evolution

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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