Foreclosed Des Moines Home With 2 Bedrooms and Attached Garage Estimated at $158,000
A compact two-bedroom home in Des Moines, Iowa, is drawing attention after appearing on Zillow with a foreclosure designation and an estimated market value of $158,000.
Located at 2227 E 23rd Street in Des Moines, the single-family home was built in 1953 and contains approximately 720 square feet of interior living space. It has two bedrooms and one full bathroom, making it a relatively small and straightforward property.
The house sits on a 9,016-square-foot lot, providing considerably more outdoor space than its interior footprint might suggest.
According to Zillow, the home currently carries a Zestimate of $158,000, or about $219 per square foot. Zillow also places its estimated sales range between $144,000 and $172,000. Those figures are automated estimates rather than a current asking price.
The property’s foreclosure status is particularly important. Zillow identifies the home as foreclosed but does not display a conventional active sale price. Buyers interested in the property would therefore need to investigate the foreclosure process and current availability rather than treating the $158,000 estimate as its purchase price.
Inside, the house offers forced-air heating and central air conditioning. Its modest 720-square-foot layout could appeal to someone who prefers a smaller home with fewer rooms to maintain.
Parking is another practical feature. Zillow records show an attached garage, something that adds useful covered parking and storage to a house of this size.
The property was constructed on a concrete foundation and has an asphalt roof. Zillow’s records also identify metal among the home’s exterior materials.
Its recent transaction history provides another interesting part of the story.
Public records displayed by Zillow show that the property sold for $121,873 on July 23, 2026. Before that, the home had not recorded a sale on Zillow since January 2011, when it changed hands for $82,500.
The home’s tax assessment has also risen over time. Zillow shows an assessed value of $151,300 for 2025, compared with $133,500 in 2024 and $100,900 in 2022.
The property is located in Des Moines’ Fairmont Park neighborhood. Its location places it within Iowa’s largest city while maintaining the smaller footprint typical of many mid-century residential properties.
For buyers interested in lower-maintenance homes, the combination of two bedrooms, one bathroom and 720 square feet may be attractive. The nearly 9,000-square-foot lot and attached garage provide additional space beyond the home’s compact interior.
However, the foreclosure designation makes careful due diligence particularly important. Prospective buyers would need to confirm the property’s current sale status, condition, title details and any specific foreclosure requirements before making financial decisions.
For now, 2227 E 23rd Street stands out as a small 1953 Des Moines home with an interesting recent sales history. After selling for $121,873 in July, the foreclosed property now carries a Zillow estimated market value of $158,000.
Listed on Zillow