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Grinnell, IA

Multifamily

Grinnell, IA Multifamily Properties for Sale

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Oakland Acres, IA Kellogg, IA Montezuma, IA Lynnville, IA Sully, IA Laurel, IA Newton, IA Brooklyn, IA

Updated Duplex with Two Entrances

Updated: Jun 24

Updated Duplex with Two Entrances

711 7th Avenue, Grinnell, IA 50112

$225,000

2,312 sqft 0.11 AC lot

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
Main‑floor unit includes attached 1‑car garage and full unfinished basement for storage and laundry
Second‑floor unit (separate entrance) fully renovated in 2022 with new carpet/linoleum and modern kitchen appliances

Grinnell Triplex with Income Potential

Updated: May 6

Grinnell Triplex with Income Potential

1221 Main Street, Grinnell, IA 50112

$299,000

2,891 sqft 0.28 AC lot

Multi‑unit property: Main 5‑bedroom unit with a 1‑bedroom basement apartment and a 1‑bedroom garage apartment.
Income potential: Live in the main unit, Air BNB the basement, and rent out the garage.
Large yard with off‑street and alley parking.
Vinyl siding construction.
Forced air heating.

Three-Unit Residential Income Property

Three-Unit Residential Income Property

1604 5th Avenue, Grinnell, IA 50112

$133,500

2,435 sqft 0.35 AC lot

Tri-plex with three separate units and off-street parking on a large lot near downtown Grinnell.

Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center

Renovated Quadplex Near Campus

Renovated Quadplex Near Campus

1132 Main Street, Grinnell, IA 50112

$349,900

3,858 sqft

Updated four-unit four-square home with in-unit finishes and on-site laundry, offering flexible rental or owner-occupant options.

Downtown Multifamily and Bar Buildings

Downtown Multifamily and Bar Buildings

717 & 721 4th Avenue, Grinnell, IA 50112

$350,000

0.18 AC lot

Package sale includes occupied apartments and an operating tavern with bar fixtures included.

Based on your search, we've compiled 17 Potential Opportunities for your consideration. Besides 5 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, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

Duplex Income Portfolio Opportunity

Duplex Income Portfolio Opportunity

204 N Main Street, Baxter, IA 50028

$325,000

2,616 sqft 0.21 AC lot

For sale investor package includes 18 units across 9 duplex buildings in Baxter, Iowa.

Duplex Income Property Portfolio

Duplex Income Property Portfolio

200 N Main Street, Baxter, IA 50028

$325,000

2,616 sqft

For sale as a 9-building, 18-unit duplex package in Baxter, IA, with inside photos similar across units.

Newton Iowa Multifamily Investment Opportunity

Newton Iowa Multifamily Investment Opportunity

305 East 25th Street North, Newton, IA 50208

$250,000

2,496 sqft 0.58 AC lot

Multifamily property with four units in Newton, Iowa.

New Construction Duplex in Newton

New Construction Duplex in Newton

2389 N 10 Avenue E, Newton, IA 50208

$390,000

1,452 sqft

New 2-bedroom, 2.5-bathroom duplex in a quiet cul-de-sac.

Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Developed Multi-Pad Development Land

Developed Multi-Pad Development Land

N 41st St, Bethany, MO 64424

$249,900

10.00 AC lot

10-acre development site with 10 constructed dirt pads, cul-de-sac road layout, and a billboard generating $100 monthly.

Residential Lot in Wellsville, MO

Residential Lot in Wellsville, MO

412 Washington Street, Wellsville, MO 63384

Contact for pricing

0.17 AC lot

Ready-to-build residential lot in a charming small town.

Lakeshore Recreation Land Parcel

Lakeshore Recreation Land Parcel

Tripp, Fulda, MN 56131

$124,900

9.30 AC lot

Recreation residential shoreland acreage with gravel access and measured lakeshore for RV or seasonal campground plans.

Leavenworth Land For Sale

Leavenworth Land For Sale

13788 McIntyre1 Road, Leavenworth, KS 66048

$1,750,000

35.00 AC lot

35 acre commercial lot with utilities ready for development.

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.

410 Washington Ave

MOBILE HOME PARK, TRAILER PARK

410 Washington Ave, Grinnell, IA 50112-2351

Value Estimation by Request

4.95 AC lot

Multifamily properties

101 4Th Ave, Grinnell, IA 50112

Value Estimation by Request

2.44 AC lot

Multifamily properties

802 Reed St, Grinnell, IA 50112

Value Estimation by Request

MOBILE HOME PARK, TRAILER PARK

1510 1st Ave, Grinnell, IA 50112-2453

Value Estimation by Request

16.11 AC lot

Grinnell, IA Multifamily Properties Market Trends and Statistics

Explore 9 multifamily properties for sale in Grinnell, IA, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 11,496 square feet of properties for sale, with an estimated market value of $1,007,400.

Sale prices for multifamily properties in Grinnell, IA start at $133,500, averaging $251,850, and reaching up to $349,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 12K

Population Growth (5Y) +0.0%

Median Household Income $64,707

College Educated 54.6%

High-Yield Neighborhoods for Investment

Identify Grinnell submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
50112	$392.9K

Taxes & Financing

Tax Rate (average for all types) 2.59%

Property Tax per SF $30.75 per SF

Tax Rate vs County Average 0.40 pp above county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Poweshiek County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Poweshiek County

Residential Income

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