Grinnell Triplex with Income
1221 Main Street, Grinnell, IA 50112
New
MULTI_FAMILY - Grinnell, IA
Property size:
2,891 SFLot size:
0.28 AcresPrice / SF:
$103/SF- Added:
- May 6, 2026
- Days on Market:
- 5
- Last Refresh:
- May 10 at 7:06 am
Property Features for 1221 Main Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Basement
- Finished, Partial
- Standard status
- Active
- APN
- 0616800
- Size
- 2,891 SF
- Lot size
- 0.28 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- NORTH GRINNELL LOT 9 BLOCK 2
- Tax Annual Amount
- 2314
Utilities
- Heating system
- Forced Air
- Water source
- Public
Building Details
- Year built
- 1900
- Floors in Building
- 2
- Number of units
- 3
- Building materials
- Vinyl Siding
Listing agent Penny Gable License #*** (641) 325-0010
Listing office Century 21 Signature Real Estate 717 5th Ave, Grinnell, IA (641) 990-8441
Listing date May 6, 2026
MLS# 6338061
Listing URL
Copyright © 2026 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.
HighLights
- Multi‑unit property: Main 5‑bedroom unit with a 1‑bedroom basement apartment and a 1‑bedroom garage apartment.
- Income potential: Live in the main unit, Air BNB the basement, and rent out the garage.
- Large yard with off‑street and alley parking.
- Vinyl siding construction.
- Forced air heating.
- Located at coordinates: [-92.72621,41.74844].
Overview
This multifamily property in Grinnell, Iowa, features three units, offering potential for investors or owner-occupants. The main unit, situated on the first and second floors, includes five bedrooms, two bathrooms, a living room, and a kitchen. The basement contains a one-bedroom, one-bathroom apartment. Additionally, there is a one-bedroom, one-bath apartment located above the garage. The property is situated on a 0.28-acre lot and has a total area of 2891 square feet. The property includes a large yard with both off-street and alley parking. The property is located in Grinnell, in Poweshiek County. The intended use of the property is residential income. The property is located at 1221 Main Street, Grinnell, IA 50112.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Triplexes
Location Insight
- Map
- Local Demand
- City
- Grinnell
- County
- Poweshiek
- State
- Iowa
- Longitude
- -92.726198
- Latitude
- 41.748425
Nearby Similar for Sale
FAQs
What type of property is this?
Triplex - Three-unit property in Grinnell, ideal for investors or owner-occupants.
Where is this triplex located?
The property is located at 1221 Main Street Grinnell, IA.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Multi‑unit property: Main 5‑bedroom unit with a 1‑bedroom basement apartment and a 1‑bedroom garage apartment.; Income potential: Live in the main unit, Air BNB the basement, and rent out the garage.; Large yard with off‑street and alley parking.
