Des Moines Home With Fenced Yard and Major Updates Drops to $129,900

A late-1800s home in Des Moines, Iowa, has received a $10,000 price reduction, bringing its current asking price down to $129,900.

Located at 148 E Sheridan Avenue, the one-and-a-half-story residence was built in 1898 and offers approximately 898 square feet of finished living space.

The home includes two bedrooms and one-and-a-half bathrooms and sits on approximately 0.25 acres, or about 10,890 square feet.

At the current asking price, the property works out to roughly $145 per square foot.

The home originally entered the market on July 16, 2026, for $139,900.

On August 13, the price was reduced by $10,000 to the current $129,900.

One of the property’s strongest selling points is that several expensive exterior and mechanical improvements have already been completed.

According to the listing, the roof, furnace and siding were all updated in 2019.

For buyers considering a home that dates back more than 125 years, having several major components replaced relatively recently could make the property more appealing.

Inside, the front entrance opens into an enclosed porch or mudroom.

This additional space provides room for coats, shoes, seasonal items and other everyday storage before entering the main living areas.

The living room is relatively spacious for a home under 900 square feet and includes sliding glass doors that open directly to the backyard.

That connection makes it easier to move between indoor and outdoor living spaces during warmer Iowa weather.

The eat-in kitchen provides space for casual dining and flows into a dedicated main-floor laundry room.

A convenient half bathroom is also located on this level.

Upstairs, buyers will find both bedrooms along with a remodeled three-quarter bathroom.

The home also includes an unfinished basement that can provide additional storage and utility space.

Heating is supplied by natural-gas forced air, while cooling comes from window air-conditioning units rather than a central air system.

Several appliances are included with the property, including the refrigerator, microwave, stove, washer and dryer.

Outside, the fully fenced backyard is one of the home’s most practical features.

The enclosed yard could be useful for pets, gardening, outdoor entertaining or weekend gatherings.

A detached one-car garage provides covered parking and additional storage.

The property’s 0.25-acre lot measures approximately 54 by 202 feet, giving the relatively compact home a surprisingly deep outdoor footprint.

Public water and public sewer serve the property, and there is no homeowners association.

Annual property taxes are listed at approximately $3,248.

The property’s most recent recorded sale occurred in September 2021, when it sold for $115,000.

Now back on the market five years later, the asking price is $14,900 above that previous sale.

For buyers who prefer a large modern home, 898 square feet may feel limiting.

But for someone interested in a smaller home with a fenced yard, garage and several major updates already completed, 148 E Sheridan Avenue offers an interesting Des Moines option.

With two bedrooms, a remodeled bathroom, main-floor laundry, enclosed porch and a quarter-acre lot, the home is now listed for $129,900 after its recent price cut.

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Listed on Zillow

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