2544 Vale Street

SELLER FINANCING OR CONTRACT SALE may be available, creating a rare opportunity for buyers seeking flexible terms, lower upfront capital requirements, or an easier path to ownership. Whether you’re a first-time home buyer looking for an affordable entry point or an investor targeting a buy-and-hold rental with solid cash flow and appreciation potential, this property checks the boxes for location, simplicity, and financial performance. Well-located 2-bedroom, 1-bath ranch offering 688 square feet of efficient single-level living on a .143-acre lot, just south of the new MLK Jr. Parkway with an easy 9-minute commute to downtown Des Moines per Google Maps. This no-basement home (crawl space or slab) provides a simple, low-maintenance footprint ideal for both owner-occupants and investors. Currently tenant-occupied at $1,024 per month, the property delivers immediate rental income with strong rent-to-price fundamentals and long-term upside tied to continued development along the MLK Jr. Parkway corridor. The ranch layout supports broad tenant and buyer appeal, while the lot size offers outdoor space without excessive upkeep.

Legal: LOT 11 BLK 7 CHESTERFIELD

Status: Active

Property Information

733326

$124,000

Sale

Residential

Bungalow

Residential

2544 Vale Street

Des Moines

Polk

IA

50317

2

688

1

1

CrawlSpace

688

6240

Des Moines East

2004

1955

Des Moines Independent

Features

Bungalow

Utilities

ForcedAir, Gas, NaturalGas

Public

PublicSewer

CentralAir

No

Miscellaneous

VinylSiding

Listed By

Weichert, Realtors - The 515 Agency, Les Reu (515.423.3410) & Weichert, Realtors - The 515 Agency, Peter Jaques (515.240.7383)

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