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    Grinnell, IA Apartment Buildings for Sale

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    Oakland Acres, IA Montezuma, IA Lynnville, IA
    Grinnell Iowa Multifamily Investment Portfolio
    $1,415,000
    18,092 SF
    Grinnell Iowa Multifamily Investment Portfolio

    725 Spring Street, Grinnell, IA 50112

    Portfolio of 12 rental homes with strong income potential.
    • Portfolio of 12 rental homes offering consistent rental income.
    • Located in established neighborhoods near schools, parks, and downtown Grinnell, Iowa.
    • Strong occupancy and solid growth potential.
    • Ideal for expanding or starting a rental portfolio.
    • Includes multiple Poweshiek County Parcels: 0725000; 0725100; 3211300; 0723300; 0763000; 0613700; 0766300; 0653800; 0570300; 0757100; 0808600; 0647600.
    Updated: Aug 14, 2025
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    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 1 Active listings in Grinnell, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Colfax Multifamily Investment Opportunity
    $1,800,000
    9,420 SF
    Colfax Multifamily Investment Opportunity

    Well-maintained 22-unit apartment complex in Colfax, Iowa.

    24 N Maple Street, Colfax, IA 50054

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    Newton Iowa Apartment Portfolio
    $700,000
    8,424 SF
    Newton Iowa Apartment Portfolio

    12-unit apartment building with recent roof improvements in Newton, Iowa.

    115 South 5th Avenue West, Newton, IA 50208

    View details
    Turn-Key 22-Unit Apartment Complex
    $1,800,000
    7,824 SF
    Turn-Key 22-Unit Apartment Complex

    Well-maintained, fully occupied apartment complex with 22 spacious 2-bedroom units and ample parking on nearly an acre.

    24 N MAPLE ST, Colfax, IA 50054

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    Newton Iowa Apartment Building
    $350,000
    4,426 SF
    Newton Iowa Apartment Building

    Six-unit apartment building with recent capital improvements.

    520 South 5th Avenue East, Newton, IA 50208

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Prime Development Land, Springfield MO
    $2,850,000
    29.20 Acres
    Prime Development Land, Springfield MO

    29.2 acres of retail-zoned land for mixed-use development.

    N West Bypass, Springfield, MO 65802

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    Norman Land For Luxury Condos
    $285,000
    0.74 Acres
    Norman Land For Luxury Condos

    Prime Norman land suitable for luxury condos development.

    801 NW 36th Avenue, Norman, OK 73072

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    Buildable Lot for Luxury Condos
    $285,000
    0.74 Acres
    Buildable Lot for Luxury Condos

    0.74 acre buildable lot zoned for low-density apartments.

    801 36th Ave NW, Norman, OK 73072

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    Asheville Development Opportunity: 5.94 Acres
    $2,500,000
    5.94 Acres
    Asheville Development Opportunity: 5.94 Acres

    5.94-acre parcel zoned RM6, ideal for multi-family development.

    215 N Bear Creek Road, Asheville, NC 28806

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    Off-Market Properties in Grinnell, IA

    Consider similar Off-Market properties in Grinnell, IA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    101 4Th Ave
    Multifamily properties
    Lot: 2.44 Acres
    Value Estimation by Request

    101 4Th Ave, Grinnell, IA 50112

    View details
    802 Reed St
    Multifamily properties
    Value Estimation by Request

    802 Reed St, Grinnell, IA 50112

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    Grinnell, IA Apartment Buildings Investment Opportunities Market Analysis

    Explore 3 apartment buildings for sale in Grinnell, IA on our real estate platform. These investment opportunities span a total of 18,092 square feet of properties for sale, with an estimated market value of $1,415,000.

    Sale prices for two-family homes in Grinnell, IA start at $1,415,000, averaging $1,415,000, and reaching up to $1,415,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 12K
    Population Growth (5Y) +0.0%
    Median Household Income $64,707
    College Educated 54.6%

    High-Yield Neighborhoods for Investment

    Identify Grinnell submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    50112 $1.4M

    Taxes & Financing

    Tax Rate (average for all types) 2.59%
    Property Tax per SF $30.75 per SF
    Tax Rate vs County Average 0.40 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Poweshiek County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Poweshiek County

    Residential Income

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