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Updated Duplex with Two Entrances
For Sale
$225,000
Pending

711 7th Avenue, Grinnell, IA 50112

MULTI_FAMILY - Grinnell, IA

Property Size2,312 SF
Lot Size0.11 Acres
Days on Market50

Property Features for 711 7th Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning Residential-Multi-Family
Basement Unfinished
Directions Main st to 7th. West to subject on North side of the st.
Standard status Pending
APN 0590300
Size 2,312 SF
Lot size 0.11 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description NORTH GRINNELL E 65' LOT 1 BLOCK 2
Tax Annual Amount 2448
Legal Description NORTH GRINNELL E 65' LOT 1 BLOCK 2

Utilities

Heating system Forced Air, Hot Water(Heating)
Water source Public

Amenities

central air conditioning
full unfinished basement

Building Details

Year built 1951
Floors in Building 1
Number of units 2
Building materials Brick
Listing Agency: RE/MAX Partners Realty, Grinnell
Listed By: Matthew Karjalahti · License #B60759000
Added: Jun 24 Changed: Aug 4 Last Checked: Aug 12 at 3:06AM
MLS# 6339667

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 fully updated duplex includes two distinct living units with extensive renovations. The main floor unit offers two bedrooms, a full bathroom, a large living room, and an eat-in kitchen. Recent updates include fresh paint, modern flooring, three new windows, and updated electrical fixtures, along with a kitchen upgrade package featuring a gas cooktop, an in-wall electric oven, quartz countertops, and a new sink and faucet. The unit also includes an attached one-car garage and a full unfinished basement that can support storage and laundry needs.

The second floor unit has a separate entrance and dedicated off-street parking. It was fully renovated in 2022 and provides a one-bedroom layout with new flooring, a modern kitchen with a new gas stove, dishwasher, and microwave, and upgraded countertops. The bathroom includes a custom zero-entry shower with updated tile work, new flooring, a stylish vanity, and a new toilet.

Exterior and mechanical improvements support day-to-day use, including a newer roof, gutters, central air conditioning, and refreshed landscaping. The property also features a fresh concrete driveway and apron. With its updated condition and separate-unit configuration, this duplex is well suited for buyers seeking either rental income potential or a live-in option with an additional unit.

Key Highlights

  • Updated duplex with brick construction and 1951 year built
  • 2019 main‑floor unit updates include new paint, modern flooring, three new windows, and updated electrical fixtures
  • Main‑floor kitchen includes gas cooktop, in‑wall electric oven, quartz countertops, plus new sink and faucet

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

Multi-tenant
Tenancy

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
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Fully updated duplex offers two separate units, including off-street parking, for investor or owner-occupant buyers.
Where is this duplex located?
The property is located at 711 7th Avenue 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: Updated duplex with brick construction and 1951 year built; 2019 main‑floor unit updates include new paint, modern flooring, three new windows, and updated electrical fixtures; Main‑floor kitchen includes gas cooktop, in‑wall electric oven, quartz countertops, plus new sink and faucet
More about this property
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