Renovated Four-Unit
For Sale
$349,900
1132 Main Street, Grinnell, IA 50112
Residential Income, Grinnell, IA
Property Size3,858 SF
Price / SF$90.69
Days on Market438
Property Features for 1132 Main Street
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Basement
Full
Directions
Google
Standard status
Active
APN
0701600
Size
3,858 SF
Taxes and HOA fees
Tax Year
2025
Tax Description
per abstract
Tax Annual Amount
3036
Legal Description
per abstract
Utilities
Sewer type
Public Sewer
Heating system
Baseboard
Water source
Public
Amenities
on-site laundry
Building Details
Year built
1900
Floors in Building
2
Number of units
4
Building materials
HardiPlank Type
Listing Agency:
Century 21 Signature Real Estate
(641) 990-8441
Listed By:
Joyce Halblom · License #***
(641) 236-8655
Added: Jul 17, 2025
Changed: Sep 25
Last Checked: Sep 27 at 12:06PM
MLS# 6329839
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.
Investment Insights
Based on property information with market context.
Built in 1900, this 3,858-square-foot fourplex occupies a historic four-square home with spacious rooms and high ceilings. The property contains four renovated apartments with newer finishes, updated bathrooms, fresh paint, and recent plumbing and electrical improvements. Baseboard heating, public water, and public sewer serve the building, which features HardiPlank siding and on-site laundry facilities.
The property is located at 1132 Main Street in Grinnell, within walking distance of Grinnell College and downtown shops, dining, and entertainment. Its four-unit layout supports multifamily rental use while retaining the character of the original residence.
The property is located at 1132 Main Street in Grinnell, within walking distance of Grinnell College and downtown shops, dining, and entertainment. Its four-unit layout supports multifamily rental use while retaining the character of the original residence.
Key Highlights
- Four renovated apartments within a historic four‑square home
- 3,858 square feet on a 1900‑built property
- Recent plumbing and electrical system upgrades
Property Analytics
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Current Use
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
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Quadplex - Historic multifamily property with updated apartments, shared laundry, and walkable access to 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 within a historic four‑square home; 3,858 square feet on a 1900‑built property; Recent plumbing and electrical system upgrades
