507 E Locust Street Unit 210, Des Moines, IA 50309

$330,000
2
BD
1
BA
1,184
SqFt

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Sold Price
$330,000
List Price
$349,999
Status
CLOSED
MLS#
733276
Year Built
1900
Closing Date
Apr 14, 2026
Bedrooms
2
Bathrooms
1
Living Area
1,184
Region
Downtown

Property Description

Experience the best of downtown living at Capitol Village Lofts, perfectly positioned in the heart of the Historic East Village—an Airbnb-friendly building allowing short-term rentals, offering exceptional income-producing potential and flexibility for investors or owner-occupants. This boutique mixed-use building features just 20 exclusive residential lofts above a vibrant mix of retail and commercial spaces, blending classic warehouse character with modern urban energy in one of Des Moines’ most desirable rental locations. This stunning 2-bedroom corner loft showcases dramatic exposed brick, soaring 14-foot ceilings, wraparound floor-to-ceiling windows, and hardwood floors that flood the space with natural light—features highly attractive to short-term and long-term renters alike. The open-concept layout includes a newly updated bathroom and new kitchen appliance package, seamlessly combining contemporary comfort with timeless architectural detail. Step outside to over 250 square feet of a covered outdoor terrace, a premium amenity for guests and residents. The building is pet friendly and located just steps from Des Moines’ top restaurants, bars, coffee shops, and downtown attractions, creating strong rental demand and a truly walkable, lock-and-leave lifestyle. A reserved, deeded parking space valued at $25,000 adds additional value and appeal, making this a rare opportunity for effortless, upscale city living and strong investment potential. HWA warranty included!

Additional Information

Street Name
E Locust Street
Agent Id
14690
Water
Public
Sewer
Public Sewer
Basement
Unfinished
Foundation
Brick/Mortar, Slab
Garage
Yes
Roof
Rubber
Zip
50309
Unit
210
Region
Downtown
Style
Ranch
City
Des Moines
School District
Des Moines Independent
Zoning
DX2

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Calculator source: Real Geeks

Listing courtesy of BH&G Real Estate Innovations. Selling Office: RE/MAX Concepts.

Data courtesy of the Des Moines Area Association of REALTORS