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    Grinnell, IA
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    Grinnell, IA Apartment Buildings for Sale

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    Oakland Acres, IA Malcom, IA Kellogg, IA Montezuma, IA Lynnville, IA Sully, IA Newton, IA Brooklyn, IA
    Mixed-Use Building with Apartments
    Updated: Jul 9
    Mixed-Use Building with Apartments

    925 Broad Street, Grinnell, IA 50112

    $825,000
    0.26 AC lot
    Five upstairs apartments: three 2‑bedroom units and two 1‑bedroom units
    Two street‑level commercial tenant spaces across 3 commercial doors
    Commercial spaces renovated between 2018 - 2025
    Rolled rubber roof installed in 2023
    0.2557‑acre mixed‑use property built in 1900
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    Mixed-Use Building with Apartments
    Updated: Jun 20
    Mixed-Use Building with Apartments

    925 Broad St, Grinnell, IA 50112

    $825,000
    10,000 sqft
    10,000‑square‑foot mixed‑use building at 925 Broad St, Grinnell, IA 50112
    Three street‑level commercial doors occupied by two commercial tenants
    Five upstairs apartments: three 2 bedroom and two one bedroom apartments
    Downtown facade restoration completed in 2016
    Cornice and parapet rebuilt in the last three years
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 2 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

    Opportunities in Nearby Cities

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

    Courtyard Apartments Multifamily
    Courtyard Apartments Multifamily

    1453 North 11th Avenue East, Newton, IA 50208

    $2,400,000
    31,069 sqft 3.39 AC lot

    Value-add 44-unit multifamily community with 2- and 3-bedroom units across townhome and apartment-style buildings.

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    5-Unit Apartment Building
    5-Unit Apartment Building

    405 W Church St, Marshalltown, IA 50158

    $175,000
    3,110 sqft

    Five-unit income-producing property near downtown with updates to two units and an as-is sale.

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    38-Unit Apartment Building
    38-Unit Apartment Building

    320 West 3rd Street North, Newton, IA 50208

    Contact for pricing
    31,836 sqft

    Modern multifamily community near Newton’s Downtown District and Iowa Speedway.

    View details
    36-Unit Apartment Property
    36-Unit Apartment Property

    611 E South St, Marshalltown, IA 50158

    $2,200,000

    Three buildings include garage parking and laundry facilities on two levels in each building.

    View details

    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.

    Grinnell, IA Apartment Buildings Market Trends and Statistics

    Explore 4 apartment buildings for sale in Grinnell, IA on our real estate platform. These investment opportunities span a total of 10,000 square feet of properties for sale, with an estimated market value of $1,650,000.

    Sale prices for two-family homes in Grinnell, IA average $825,000 — 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 $825K

    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 Residential Income pricing trends in Poweshiek County

    Residential Income

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