Grinnell, IA Multifamily properties for sale

Updated: Aug 24

Duplex with Detached Garage

929 - 931 Spring Street, Grinnell, IA 50112

$139,900

1,541 sqft 0.17 AC lot

Two units, each with two bedrooms; one also includes a bonus room
1,541‑square‑foot duplex on a 0.17‑acre lot
Detached two‑car garage with alley access
Newer roof, siding, and concrete sidewalk
Built in 1900; vinyl siding, forced‑air heating, and public water

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Updated: May 6

3-Unit Multifamily Property

1221 Main Street, Grinnell, IA 50112

$299,000

2,891 sqft 0.28 AC lot

Three residential units in one property
Main residence spans the first and second floors with 5 bedrooms and 2 bathrooms
Basement unit includes 1 bedroom and 1 bathroom
Garage apartment includes 1 bedroom and 1 bathroom
2,891 square feet on a 0.28‑acre lot

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Mixed-Use Building with Apartments

925 Broad Street, Grinnell, IA 50112

$825,000

0.26 AC lot

Street-level commercial suites combine with updated apartments in a renovated brick and stone building.

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Mixed-Use Building with Apartments

925 Broad St, Grinnell, IA 50112

$825,000

10,000 sqft

Downtown property combines street-level commercial space with updated upper-floor apartments and tenant-paid heat, electric, and water.

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Renovated Four-Unit Quadplex

1132 Main Street, Grinnell, IA 50112

$349,900

3,858 sqft

Historic multifamily property with updated apartments, shared laundry, and walkable access to Grinnell College and downtown amenities.

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Mixed-Use Property Package

717 & 721 4th Avenue, Grinnell, IA 50112

$350,000

0.18 AC lot

Two-building offering combines occupied apartments with an operating tavern and included bar fixtures and inventory.

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42-Unit Apartment Building with Private Entries

401 & 417 Washington Avenue, Grinnell, IA 50112

$3,250,000

45,200 sqft 3.26 AC lot

Residents have outdoor access, laundry hookups, and a private patio or balcony in each apartment.

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3-Unit Multifamily Property

1221 Main St, Grinnell, IA 50112

$299,000

2,891 sqft

Two-story main residence with two additional apartments, a large yard, and parking accessed from the property and alley.

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Mixed-Use Building Package

717 & 721 4th Ave, Grinnell, IA 50112

$350,000

4,172 sqft

Two buildings combine occupied apartments with an operating bar and retained bar fixtures.

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Duplex With Detached Garage

929 - 931 Spring Street, Grinnell, IA 50112

Contact for pricing

Two residential units include a two-bedroom layout and a second unit with two bedrooms plus a bonus room.

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Based on your search, we've compiled 18 Potential Opportunities for your consideration. Besides 10 Active listings in Grinnell, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 4 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Updated Triplex Investment Property

415 E Main Street, Montezuma, IA 50171

$189,000

2,798 sqft 0.20 AC lot

Fully occupied three-unit property with separate utilities, individual HVAC systems, and laundry hookups in each unit.

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Updated Fully Occupied Triplex

415 E Main St, Montezuma, IA 50171

$189,000

2,798 sqft

Three separately metered units offer individual HVAC systems, kitchens, full baths, and laundry hookups.

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New Construction Duplex with Garage

2389 N 10 Avenue E, Newton, IA 50208

$390,000

1,452 sqft

Under-construction duplex featuring open living areas, a deck, central air, and low-maintenance exterior materials.

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New Construction Multifamily Property

2389 N 10th Ave E, Newton, IA 50208

$390,000

1,452 sqft

Two-bedroom, 2.5-bath home with open living areas in an HOA community.

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Off-Market Properties in Grinnell, IA

Consider similar Off-Market properties in Grinnell, IA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

MOBILE HOME PARK, TRAILER PARK

410 Washington Ave, Grinnell, IA 50112-2351

Estimated value:

$300,000

4.95 AC lot

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Multifamily properties

101 4Th Ave, Grinnell, IA 50112

Estimated value: by Request

2.44 AC lot

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Multifamily properties

802 Reed St, Grinnell, IA 50112

Estimated value: by Request

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MOBILE HOME PARK, TRAILER PARK

1510 1st Ave, Grinnell, IA 50112-2453

Estimated value:

$345,000

16.11 AC lot

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Grinnell, IA Multifamily Properties Market Trends and Statistics

Explore 14 multifamily properties for sale in Grinnell, IA, showcased through 10 active listings on our real estate platform. These investment opportunities span a total of 70,553 square feet of properties for sale, with an estimated market value of $6,687,800.

Sale prices for multifamily properties in Grinnell, IA start at $139,900, averaging $743,088, and reaching up to $3,250,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
50112	$398.6K

Neighborhood

Average Price

50112

$398.6K