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Renovated Two-Unit Duplex
For Sale
$225,000
Pending

711 7th Ave, Grinnell, IA 50112

Two separately entered units include updated kitchens, off-street parking, and a one-car attached garage.

Property Size2,312 SF
Days on Market55

Property Features for 711 7th Ave

General Information

Standard status Pending
Size 2,312 SF
Property subtype Residential Income

Units

Unit Mix 1 x 2BR/1BA, 1 x 1BR/1BA
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $2,448

Amenities

basement storage and laundry
central air conditioning
Listing Agency: RE/MAX Partners Realty, Grinnell
Listed By: Matthew Karjalahti · License #B60759000
Source: Exprealty
Added: Jun 24 Changed: Aug 16 Last Checked: Aug 16 at 9:43AM

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 RE/MAX Partners Realty, Grinnell

Investment Insights

Based on property information with market context.

This 2,312-square-foot duplex offers two distinct residences with separate entrances. The main-floor unit includes two bedrooms, one full bathroom, a large living room, and an eat-in kitchen. Its 2019 renovation added fresh paint, modern flooring, three new windows, updated electrical fixtures, quartz countertops, a new sink and faucet, a gas cooktop, and an in-wall electric oven. The unit also has an attached one-car garage and a full unfinished basement with laundry and storage space.

The second-floor residence contains one bedroom and was renovated in 2022. Improvements include new carpet and linoleum, a refreshed kitchen with a gas stove, dishwasher, microwave, and new countertops, plus a bathroom with a zero-entry shower, new flooring, vanity, and toilet. Additional property upgrades include a newer roof, gutters, central air conditioning, new landscaping, and a concrete driveway and apron. The property is one block from Downtown Grinnell and within walking distance to Grinnell College.

Key Highlights

  • 2,312‑square‑foot duplex with two distinct residential units
  • Main‑floor unit renovated in 2019 with two bedrooms and an attached one‑car garage
  • Second‑floor one‑bedroom unit renovated in 2022 with a separate entrance

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Pharmacy Parking Lot & Garage HVAC Service Bakery Grocery & Convenience Store Plumbing Service

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

149
Businesses Nearby

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

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

What type of property is this?
Duplex - Two separately entered units include updated kitchens, off-street parking, and a one-car attached garage.
Where is this duplex located?
The property is located at 711 7th Ave Grinnell, IA.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: 2,312‑square‑foot duplex with two distinct residential units; Main‑floor unit renovated in 2019 with two bedrooms and an attached one‑car garage; Second‑floor one‑bedroom unit renovated in 2022 with a separate entrance
More about this property
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