3-Unit Multifamily
For Sale
$299,000
1221 Main St, Grinnell, IA 50112
Two-story main residence with two additional apartments, a large yard, and parking accessed from the property and alley.
Property Size2,891 SF
Price / SF$103.42
Days on Market117
Property Features for 1221 Main St
General Information
Standard status
Active
Size
2,891 SF
Property subtype
Residential Income
Units
Unit Mix
1 x 5BR/2BA, 2 x 1BR/1BA
Multifamily Units
3
Taxes and HOA fees
Annual Taxes
$2,314
Listing Agency:
Century 21 Signature Real Estate
(641) 325-0010
Listed By:
Penny Gable · License #S55562000
(641) 325-0010
Source:
Exprealty
Added: May 7
Changed: Aug 29
Last Checked: Aug 30 at 11:07PM
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 three-unit multifamily property combines a two-story main residence with two separate apartment units. The primary dwelling includes five bedrooms, two bathrooms, a living room, and a kitchen across the first and second floors. A one-bedroom, one-bathroom apartment occupies the basement, while the garage has been configured as another one-bedroom, one-bathroom apartment.
The property includes a large yard and parking both on the site and in the alley. Its configuration provides three distinct residential spaces within one property, with the main residence complemented by basement and garage apartments.
The property includes a large yard and parking both on the site and in the alley. Its configuration provides three distinct residential spaces within one property, with the main residence complemented by basement and garage apartments.
Key Highlights
- Three residential units in one property
- Main residence spans the first and second floors with 5 bedrooms and 2 bathrooms
- Basement apartment includes 1 bedroom and 1 bathroom
Property Analytics
Property Profile
Current Use
Lease Details
3
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
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Triplex - Two-story main residence with two additional apartments, a large yard, and parking accessed from the property and alley.
Where is this triplex located?
The property is located at 1221 Main St 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: Three residential units in one property; Main residence spans the first and second floors with 5 bedrooms and 2 bathrooms; Basement apartment includes 1 bedroom and 1 bathroom
