Listing Agency: Rubey Realty a***@rubeyrealty.com Show Phone

Listed By: Audie Rainey · License #IA B61131000

Source: Crexi

Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 6:34PM

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Investment Insights

Based on property information with market context.

This duplex at 401 5th Street in Griswold, Iowa, contains two separate main-level residences. Each unit offers one bedroom, one bathroom, and washer and dryer hookups, creating a straightforward residential layout across the property.

The building sits on a corner lot and is professionally managed. Its location in Griswold, IA 51535, and two-unit configuration provide a clearly defined small multifamily asset.

Key Highlights

• Two‑unit duplex configuration
• Both residences are located on the main level
• Each unit includes 1 bedroom and 1 bathroom

Property Analytics

Property Profile

Current Use

Fast Apartment Apartment Building

Suggested Use

Top Pick Building Supply Real Estate Agency Big Box & Wholesale Store Electrical Service Computer & Electronic Repair Auto Parts Store

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

Location Intelligence

Trade Area within ½ mile

136

Businesses Nearby

Explore this area Business Placement

Demographics for 51535, IA

1,764

Population

825

Households

2.1

Avg Household Size

48

Median Age

20%

College-Educated

93%

High-School Grad

135.3 sq mi

ZIP Area

13

Density / Sq Mi

$83,929

Median Household Income

$45,614

Median Earnings

$952

Median Rent

$135,500

Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022

7.5% 2023

7.8% 2024

8% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Duplex - Two main-level residences include washer and dryer hookups for convenient in-unit laundry setup.

Where is this duplex located?

The property is located at 401 5Th Street Griswold, IA.

What are key features of this property?

This property features: Two‑unit duplex configuration; Both residences are located on the main level; Each unit includes 1 bedroom and 1 bathroom