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    920 High St Grinnell, IA 50112

    For Sale
    $354,900

    Apartment - Grinnell, IA

    Type:Apartment
    Lot size:
    0.29 Acres
    Days on Market:
    68
    Last Refresh:
    Dec 6 at 2:06 am

    Property Features for 920 High St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Apartment
    Standard status
    Active
    APN
    0516000
    Parking features
    On Street
    Appliances
    Range, Refrigerator
    Lot size
    0.29 Acres

    Utilities

    Heating system
    Baseboard
    Cooling system
    Multi Units, Window Unit(s)

    Building Details

    Year built
    1900
    Number of units
    5
    Building materials
    Wood Siding
    Architectural style
    Other

    TurnKey Realty LLC (641) 236-8655

    Listing agent Penny Gable (641) 236-8655 License #***

    Listing date Sep 30, 2025

    MLS# 6329838 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 Multi-Unit Rental Property

    This renovated multi-unit rental property features five apartments, suitable for students or young professionals. The property includes two two-bedroom apartments and three one-bedroom apartments, all updated with fresh paint and modern flooring. Each unit offers ample space and privacy. A detached two-stall garage provides secure parking and additional storage. Recent upgrades include a new roof, gutters and downspouts extended underground, and new cement sidewalks around the house. A brand-new deck enhances outdoor enjoyment. Located minutes from Grinnell College and downtown Grinnell, this property is a potential investment opportunity. The property is 100% occupied until Spring of 2027 and is located in Grinnell, Iowa.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    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
    -92.718961
    Latitude
    41.744082

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    FAQs

    What type of property is this?
    Apartment building - Updated five-unit apartment building near Grinnell College and downtown.
    Where is this apartment building located?
    The property is located at 920 High St Grinnell, IA.
    What is the asking price?
    The asking price for this property is $354,900.
    What are key features of this property?
    This property features: - Prime location: Minutes from Grinnell College and downtown Grinnell.; - Turnkey multi-unit rental property with five apartments (two 2-bedroom, three 1-bedroom).; - 100% occupied until Spring of 2027, providing immediate rental income.
    (641) 236-8655
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    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
    920 High St Grinnell, IA 50112
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