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    1132 Main St Grinnell, IA 50112

    For Sale
    $369,900

    Quadruplex - Grinnell, IA

    Type:Quadruplex
    Property size:
    3,858 SF
    Days on Market:
    142
    Last Refresh:
    Dec 5 at 8:06 pm

    Property Features for 1132 Main St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Quadruplex
    Standard status
    Active
    APN
    0701600
    Size
    3,858 SF

    Utilities

    Heating system
    Baseboard

    Building Details

    Year built
    1900
    Number of units
    4
    Building materials
    HardiPlank Type
    Architectural style
    Other

    TurnKey Realty LLC (641) 236-8655

    Listing agent Joyce Halblom (641) 236-8655 License #***

    Listing date Jul 17, 2025

    MLS# 6329839 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

    Renovated Quadruplex Near Grinnell College

    This renovated four-square home is located within walking distance of Grinnell College and downtown Grinnell. The property features four updated apartments, suitable for students, faculty, or investors. The historic four-square design includes spacious rooms, high ceilings, and timeless charm. Each unit has been updated with newer finishes, offering comfortable and stylish living spaces. Recent upgrades include new plumbing, electrical systems, new paint throughout, and updated bathrooms. On-site laundry facilities are available for tenants. The location provides easy access to downtown shops, dining, and entertainment. The property is suitable for rental income with multiple units, or as an owner-occupied residence with rental income from additional units. The building offers 3858 square feet of living area and is located in Poweshiek County.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Grinnell
    County
    Poweshiek
    State
    Iowa
    Longitude
    -92.725504
    Latitude
    41.747438

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    FAQs

    What type of property is this?
    Quadplex - Spacious, renovated four-unit property near Grinnell College and downtown.
    Where is this quadplex located?
    The property is located at 1132 Main St Grinnell, IA.
    What is the asking price?
    The asking price for this property is $369,900.
    What are key features of this property?
    This property features: - Prime Location: Walkable to Grinnell College and downtown Grinnell.; - Four Renovated Apartments: Each unit thoughtfully updated with newer finishes.; - Investment Opportunity: Ideal for rental income with multiple units.
    (641) 236-8655
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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
    1132 Main St Grinnell, IA 50112
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