Renovated 4-Unit
For Sale
$349,900
1132 Main Street, Grinnell, IA 50112
Four apartments offer tenant laundry alongside updated plumbing, electrical systems, and bathrooms.
Property Size3,858 SF
Price / SF$90.69
Days on Market471
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
Listed By:
Joyce Halblom · License #***
(641) 990-8441
Source:
Davisandpalmer
Added: Jul 17, 2025
Changed: Oct 29
Last Checked: Oct 29 at 7:13PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 3,858-square-foot quadplex contains four apartments in a four-square home built in 1900. Renovation work includes new plumbing and electrical systems, refreshed paint, and updated bathrooms. Laundry facilities are available on site for residents.
At 1132 Main Street in Grinnell, the property is within walking distance of Grinnell College and downtown, where shops and dining are located. Its four-unit configuration and completed updates define the property’s residential offering.
At 1132 Main Street in Grinnell, the property is within walking distance of Grinnell College and downtown, where shops and dining are located. Its four-unit configuration and completed updates define the property’s residential offering.
Key Highlights
- Four apartments in a 3,858‑square‑foot building
- Built in 1900 as a four‑square home
- Renovation work includes new plumbing, electrical systems, paint, and bathrooms
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
795
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Quadplex - Four apartments offer tenant laundry alongside updated plumbing, electrical systems, and bathrooms.
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 apartments in a 3,858‑square‑foot building; Built in 1900 as a four‑square home; Renovation work includes new plumbing, electrical systems, paint, and bathrooms
