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Duplex with Attached Garages
New
For Sale
$470,000

203 N Grimmell Road, Jefferson, IA 50129

Residential, Jefferson, IA

Property Size3,252 SF
Price / SF$144.53
Days on Market5

Property Features for 203 N Grimmell Road

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 6
Bathrooms 6
Full bathrooms 4
Half bathrooms 2
Rooms Bedroom 2, Bedroom 1, Bedroom 6, Bathroom 4, Bathroom 2, Bedroom 5, Bedroom 3, Bathroom 5, Bedroom 4, Bathroom 6, Bathroom 3, Bathroom 1
Directions from Lincoln Way turn north onto Grimmell road.
Standard status Active
APN 1107257008
Size 3,252 SF

Taxes and HOA fees

Tax Year 2024
Tax Description GEORGE DEIBEL'S SUB-DIV OF BLK 1, ALBERT HEAD'S 2ND ADD - LOTS 8 & 9 BLK 1
Tax Annual Amount 7656
Legal Description GEORGE DEIBEL'S SUB-DIV OF BLK 1, ALBERT HEAD'S 2ND ADD - LOTS 8 & 9 BLK 1

Utilities

Heating system Forced Air
Cooling system Central Air
Water source Public

Building Details

Year built 2010
Building materials Vinyl Siding
Listing Agency: RE/MAX Legacy
Listed By: Nicole Uebel · License #***
Added: Aug 19 Changed: Aug 20 Last Checked: Aug 23 at 10:06AM
MLS# 6341801

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.

This duplex includes 3,252 square feet across two units, with the sale covering both residences as one parcel. Each side features an open-concept living area, tile flooring, main-floor laundry, a primary suite with a private bathroom and walk-in closet, a second main-level bedroom suitable for office use, and a third bedroom upstairs. Each unit also has access to a two-car attached garage. The building was completed in 2010 and has vinyl siding, forced-air heat, central air, and public water.

One residence is occupied by a renter who wants to continue the lease, while the other is expected to become vacant. The property is next to the hospital and offers access to Highway 30 and downtown Jefferson.

Key Highlights

  • 3,252‑square‑foot duplex sold as both units in one parcel
  • Each unit includes a two‑car attached garage
  • Three‑bedroom layout with primary suite and upstairs bedroom on each side

Property Analytics

Current Use

Terry Lang & Associates ... Insurance Agency

Suggested Use

Top Pick Dental Office Electrical Service Kitchen & Bath Showroom Real Estate Agency Grocery & Convenience Store Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

249
Businesses Nearby

Demographics for 50129, IA

5,040
Population
2,619
Households
1.9
Avg Household Size
46
Median Age
22%
College-Educated
92%
High-School Grad
165.4 sq mi
ZIP Area
30
Density / Sq Mi
$56,956
Median Household Income
$41,518
Median Earnings
$753
Median Rent
$154,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two-unit property with open-plan interiors, main-level laundry, and one occupied residence.
Where is this duplex located?
The property is located at 203 N Grimmell Road Jefferson, IA.
What is the asking price?
The asking price for this property is $470,000.
What are key features of this property?
This property features: 3,252‑square‑foot duplex sold as both units in one parcel; Each unit includes a two‑car attached garage; Three‑bedroom layout with primary suite and upstairs bedroom on each side
More about this property
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