Renovated Four-Unit
For Sale
$349,900
1132 Main Street, Grinnell, IA 50112
Updated apartments with on-site laundry near Grinnell College and downtown amenities.
Property Size3,858 SF
Price / SF$90.69
Days on Market388
Property Features for 1132 Main Street
General Information
Standard status
Active
Size
3,858 SF
Property subtype
Residential Income
Additional Details
Multifamily Units
4
Taxes and HOA fees
Annual Taxes
$3,036
Amenities
on-site laundry
Building Details
Building Size
3,858 SF
Year Built
1900
Buildings
1
Stories
2
Units
4
Construction
four-square
Listing Agency:
Century 21 Signature Real Estate
(641) 990-8441
Listed By:
Joyce Halblom · License #***
(641) 990-8441
Source:
Sweeneyrealestate
Added: Jul 17, 2025
Changed: Aug 6
Last Checked: Aug 8 at 12:59PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Signature Real Estate
Investment Insights
Based on property information with market context.
Built in 1900, this 3,858-square-foot four-unit property retains the character of a historic four-square design while incorporating substantial updates. The building offers spacious rooms, high ceilings, four apartments with refreshed finishes, and on-site laundry for resident convenience. Improvements include new plumbing and electrical systems, interior paint, and updated bathrooms.
The property is within walking distance of Grinnell College and downtown Grinnell, with nearby shops, dining, and entertainment. Its four-apartment configuration supports a multifamily rental arrangement, while the building’s layout also accommodates an owner-occupant seeking additional rental units.
The property is within walking distance of Grinnell College and downtown Grinnell, with nearby shops, dining, and entertainment. Its four-apartment configuration supports a multifamily rental arrangement, while the building’s layout also accommodates an owner-occupant seeking additional rental units.
Key Highlights
- Four renovated apartments in a historic four‑square building
- 3,858‑square‑foot property built in 1900
- New plumbing and electrical systems
Property Analytics
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
737
Businesses Nearby
Explore this area
Business Placement
Demographics for 50112, IA
11,849
Population
5,018
Households
2.4
Avg Household Size
38
Median Age
38%
College-Educated
96%
High-School Grad
182.2 sq mi
ZIP Area
65
Density / Sq Mi
$64,707
Median Household Income
$34,301
Median Earnings
$863
Median Rent
$198,100
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Updated apartments with on-site laundry near Grinnell College and downtown amenities.
Where is this quadplex located?
The property is located at 1132 Main Street Grinnell, IA.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: Four renovated apartments in a historic four‑square building; 3,858‑square‑foot property built in 1900; New plumbing and electrical systems
