Grinnell, IA Multifamily properties for sale

Updated: Aug 24

Duplex with Detached Two-Car Garage

929 - 931 Spring Street, Grinnell, IA 50112

$159,900

1,541 sqft 0.17 AC lot

Two‑unit duplex with 1,541 square feet
Unit mix includes two bedrooms in each unit, plus a bonus room in one
Detached two‑car garage with alley access
Newer roof, vinyl siding, and concrete sidewalk
Two blocks from downtown and the hospital

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Updated: Apr 13

Three-Unit Multifamily Property

1604 5th Avenue, Grinnell, IA 50112

$133,500

2,435 sqft 0.35 AC lot

Three independent apartments, with one unit on each floor
2435 square feet on a 0.35‑acre lot
Unit mix includes 2 bed/1 bath, 3 bed/1 bath, and 1 bed/1 bath apartments
Currently vacant for tenant selection
Seven blocks from downtown Grinnell and Grinnell College

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3-Unit Multifamily Property

1221 Main Street, Grinnell, IA 50112

$299,000

2,891 sqft 0.28 AC lot

The property includes a five-bedroom main residence plus one-bedroom basement and garage units.

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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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Downtown Mixed-Use Building

925 Broad Street, Grinnell, IA 50112

$825,000

0.26 AC lot

Renovated street-level commercial areas complement five updated apartments in a historic brick-and-stone building.

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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.

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Owner-Operated Bar and Multifamily Package

717 & 721 4th Avenue, Grinnell, IA 50112

$350,000

0.18 AC lot

Two downtown Grinnell buildings are offered together, including an owner-operated bar and two occupied 2-bed apartments.

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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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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 17 Potential Opportunities for your consideration. Besides 9 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.

Fully Occupied Triplex with Separate Meters

415 E Main Street, Montezuma, IA 50171

$189,000

2,798 sqft 0.20 AC lot

Fully occupied triplex with separate electric meters, HVAC, and laundry hookups, zoned Business/Commercial.

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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

$300,000

Estimated value

4.95 AC lot

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Multifamily properties

101 4Th Ave, Grinnell, IA 50112

Value Estimation by Request

2.44 AC lot

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Multifamily properties

802 Reed St, Grinnell, IA 50112

Value Estimation by Request

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MOBILE HOME PARK, TRAILER PARK

1510 1st Ave, Grinnell, IA 50112-2453

$345,000

Estimated value

16.11 AC lot

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Grinnell, IA Multifamily Properties Market Trends and Statistics

Explore 13 multifamily properties for sale in Grinnell, IA, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 23,616 square feet of properties for sale, with an estimated market value of $3,241,300.

Sale prices for multifamily properties in Grinnell, IA start at $133,500, averaging $405,162, and reaching up to $825,000 — 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	$405.2K

Neighborhood

Average Price

50112

$405.2K