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    1126 Broad St Grinnell, IA 50112

    For Sale
    $199,000

    Duplex - Grinnell, IA

    Type:Duplex
    Property size:
    3,154 SF
    Lot size:
    0.28 Acres
    Days on Market:
    127
    Last Refresh:
    Dec 5 at 4:06 am

    Property Features for 1126 Broad St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Standard status
    Active
    APN
    0815900
    Size
    3,154 SF
    Lot size
    0.28 Acres

    Utilities

    Heating system
    Forced Air

    Building Details

    Year built
    1882
    Number of units
    2
    Building materials
    Wood Siding
    Architectural style
    Other

    RE/MAX Partners Realty, Marshalltown (641) 519-0200

    Listing agent Matthew Karjalahti (641) 236-6683 License #***

    Listing date Aug 1, 2025

    MLS# 6330372 Listing URL

    Copyright © 2025 NoCoast MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Spacious Duplex Near Grinnell College

    Located near Grinnell College, this two-story duplex offers 3,154 square feet of space. Constructed in 1882, the property combines vintage charm with functional versatility. Situated on a 0.28-acre lot, the property includes off-street parking. One unit is currently leased, providing immediate income. The second unit features a flexible layout. Hardwood floors are present throughout much of the home. The property benefits from natural light and character. The property is located in Grinnell, Iowa, in Poweshiek County.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Grinnell
    County
    Poweshiek
    State
    Iowa
    Longitude
    -92.723802
    Latitude
    41.747191

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    FAQs

    What type of property is this?
    Duplex - Two-story duplex near Grinnell College with rental income potential.
    Where is this duplex located?
    The property is located at 1126 Broad St Grinnell, IA.
    What is the asking price?
    The asking price for this property is $199,000.
    What are key features of this property?
    This property features: - Prime location: Steps from Grinnell College.; - High-demand rental property with immediate income potential from one leased unit.; - Spacious duplex with over 3,100 square feet.
    (641) 236-6683
    Request Owner's contact information
    1126 Broad St Grinnell, IA 50112
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1126 Broad St Grinnell, IA 50112
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