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507 E Locust Street #207Des Moines, IA 50309

Condo/Townhouse · 2 Beds · 1 Full Bath · 1 Three Quarter Bath · 1,427 Sq. ft.
$299,000 Active

507 E Locust Street #207 Overview

Time on Site:
38 days
Visits:
6

Experience elevated urban living in the heart of Des Moines’ Historic East Village at Capitol Village Lofts. Unit 207 at 507 E Locust Street blends timeless warehouse character with modern comfort, featuring soaring 12-foot ceilings, exposed brick walls, gleaming hardwood floors, and an open-concept layout designed for both everyday living and entertaining. This spacious 2-bedroom, 2 bath condo offers more than 1,400 square feet of living space. Brand-new walk-in shower added in 2026! Updated kitchen with granite countertops and stainless steel appliances, and a private balcony overlooking the vibrant East Village neighborhood. Enjoy the convenience of a deeded parking space, elevator access, and a pet-friendly building, all just steps from local restaurants, coffee shops, nightlife, boutique shopping, the Iowa State Capitol, and downtown Des Moines. Whether you're looking for a stylish primary residence or the perfect low-maintenance downtown lifestyle, Unit 207 delivers historic charm, walkability, and modern city living in one unique package. Beautiful place to live or hold as an investment property. Roommate friendly. Long term and short term rental friendly.

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507 E Locust Street #207 Facts & Features

  • Type Condo/Townhouse
  • Sq. ft. 1,427
  • Price/Sq.ft. $210

Details

General

Association/HOA

  • Association Fee: 500.0
  • Association Fee Frequency: Monthly
  • Association Name: Capitol Village Lofts
  • Association Name 2: Hubbell Property Management
  • Association: true

School Information

  • School District: Des Moines Independent

Building Information

  • Year Built: 1900

Location/Region

  • County Or Parish: Polk
  • MLS Area Major: Downtown
  • Postal City: Des Moines

Rent/Lease Information

  • Lease Considered: false

Tax Information

  • Tax Annual Amount: 5773.0
  • Tax Year: 2025

General Information

  • Listing Terms: Cash,Conventional,FHA
  • Parcel Number: 04000614011000
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Senior Community: false
  • Zoning: DX2

Interior

Parking Information

  • Garage Spaces: 1.0
  • Garage: true

Beds/Baths

  • Bathrooms Full: 1
  • Bathrooms Half: 0
  • Bathrooms Three Quarter: 1
  • Bathrooms Total: 2
  • Bedrooms Total: 2

Building Interior

  • Building Area Total: 1427.0

General Information

  • Appliances: Dishwasher,Microwave,Refrigerator,Stove
  • Flooring: Carpet,Hardwood
  • Interior Features: Eat-in Kitchen
  • Living Area: 1427.0
  • Main Level Bedrooms: 2
  • Security Features: Fire Alarm
  • Stories: 1

Unit Information

  • Unit Number: 207

Exterior

Lot Information

  • Lot Size Units: Acres
  • Road Surface Type: Asphalt
  • Water Source: Public

Building Exterior/Construction

  • Architectural Style: Ranch
  • Construction Materials: Brick
  • Roof: Asphalt,Shingle

General Information

  • Sewer: Public Sewer

507 E Locust Street #207 Neighborhood

Community

50309 (Des Moines) Demographics

30
Median Age
2,742
Population Density (per sq. mile)
68%
College Educated
$50,549
Estimated Median Income
587
Estimated Total Home Owners
5,047
Estimated Total Renters
10% / 90%
Estimated Owner / Renter Divide
1
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

507 E Locust Street #207 Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

507 E Locust Street #207 Market Data

Based on the last 30 days in this zip code

$344,105
Average List Price
$258
Average Price per Square Foot
6
Properties Sold
168
Average Days on Market
100
Properties for Sale
Calculations provided by Reliance Network

507 E Locust Street #207 History

Date Event Value Agent
5/22/2026Source: Des Moines Area Added to Database
May 22, 2026
Listing provided courtesy of Agency Iowa- MLS# 741449MLS ProviderContact Information: [email protected]