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Grimes, IA

Residential Income

Grimes, IA Residential Income Properties for Sale

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Johnston, IA Urbandale, IA Des Moines, IA Waukee, IA Clive, IA Granger, IA West Des Moines, IA Polk City, IA

Duplex with Private Yards

Updated: Oct 23

Duplex with Private Yards

303-305 NW Valley View Drive, Grimes, IA 50111

$348,400

1,520 sqft 0.26 AC lot

Two‑unit ranch property with 1,520 square feet on a 0.257‑acre parcel
Unit 303: 3 bedrooms, 2 bathrooms, and a finished lower level with a bedroom, half bath, and walk‑in closet
Unit 305: 2 bedrooms and 1 bathroom; basement has an egress window
Separate gas, electric, and water meters; tenants pay utility costs
Each unit has a fenced backyard and detached one‑car garage

Updated Ranch-Style Duplex

Updated: Oct 24

Updated Ranch-Style Duplex

303-305 NW Valley View Dr, Grimes, IA 50111

$348,400

1,520 sqft

1,520‑square‑foot duplex built in 1977
Unit 303: 3 bedrooms, 2 bathrooms, and finished lower level with bedroom, half bath, and walk‑in closet
Unit 305: 2 bedrooms, 1 bathroom, and lower level with egress window
Each unit has a fenced backyard, detached one‑car garage, basement, washer, and dryer
Updated kitchens, bathrooms, and flooring; stainless steel appliances in both units

Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads

Based on your search, we've compiled 42 Potential Opportunities for your consideration. Besides 2 Active listings in Grimes, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 32 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.

Two-Unit Ranch Duplex

Two-Unit Ranch Duplex

18920 Wendover Avenue, Granger, IA 50109

$330,000

2,028 sqft

Well-maintained duplex with private patios, attached garages, and full kitchens serving both residences.

Two-Unit Duplex with Attached Garages

Two-Unit Duplex with Attached Garages

18920 Wendover Ave, Granger, IA 50109

$330,000

2,028 sqft

Each residence includes two bedrooms, one full bathroom, and a full kitchen.

11-Unit Apartment Building

11-Unit Apartment Building

4671 Northwest 50th Street, Des Moines, IA 50310

$675,000

Well-kept 11-unit apartment building built in 1969 and renovated in 2025 with individual heating and central A/C.

Former Office Building with Theater

Former Office Building with Theater

3850 Merle Hay Rd, Des Moines, IA 50310

Contact for pricing

67,325 sqft

Former office building with attached theater, suitable for redevelopment.

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.

13.931 Acres Multifamily Land

13.931 Acres Multifamily Land

00 James St, Grimes, IA 50111

$2,300,000

13.93 AC lot

13.931 acres of multifamily zoned land in Grimes, Iowa.

Residential Lots in Grimes Neighborhood

Residential Lots in Grimes Neighborhood

1408 SW 7th Street, Grimes, IA 50111

$75,900

0.28 AC lot

Single family residential lots in established Grimes neighborhood for sale.

Land/Lot

Land/Lot

2150 Ne 18th St, Grimes, IA 50111

$250,000

1.27 AC lot

Residential land & home lots · 1.27 Acres

Grimes, IA Acreage Lot

Grimes, IA Acreage Lot

11970 NW Brookefield Court, Grimes, IA 50111

$250,000

1.26 AC lot

1.26 acre lot in Brooke Field Estates development.

Off-Market Properties in Grimes, IA

Consider similar Off-Market properties in Grimes, 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.

1951 James St

APARTMENT HOUSE (5+ UNITS)

1951 James St, Grimes, IA 50111-4785

Estimated value:

$1,965,000

20,886 sqft 0.74 AC lot

1900 28th St

MOBILE HOME PARK, TRAILER PARK

1900 28th St, Grimes, IA 50111-4892

Estimated value:

$25,090,000

6,592 sqft 66.02 AC lot

801 Prescott Ln

APARTMENT HOUSE (5+ UNITS)

801 Prescott Ln, Grimes, IA 50111-7413

Estimated value:

$440,000

3,530 sqft 11.94 AC lot

APARTMENT HOUSE (5+ UNITS)

1704 Gtwy Ct, Grimes, IA 50111-5230

Estimated value: by Request

54,411 sqft 15.86 AC lot

924 Beechwood Ln

APARTMENT HOUSE (5+ UNITS)

924 Beechwood Ln, Grimes, IA 50111-4727

Estimated value:

$1,190,000

11,102 sqft 5.47 AC lot

401 Main St

APARTMENT HOUSE (5+ UNITS)

401 Main St, Grimes, IA 50111-2107

Estimated value:

$475,000

5,760 sqft 0.40 AC lot

551 Gtwy Dr

APARTMENT HOUSE (5+ UNITS)

551 Gtwy Dr, Grimes, IA 50111-1297

Estimated value:

$575,000

55,296 sqft 4.72 AC lot

608 4th St

APARTMENT HOUSE (5+ UNITS)

608 4th St, Grimes, IA 50111-2207

Estimated value:

$470,000

6,240 sqft 0.51 AC lot

875 Gtwy Dr

APARTMENT HOUSE (5+ UNITS)

875 Gtwy Dr, Grimes, IA 50111-1272

Estimated value:

$605,000

46,026 sqft 2.14 AC lot

605 Gtwy Dr

APARTMENT HOUSE (5+ UNITS)

605 Gtwy Dr, Grimes, IA 50111-1264

Estimated value:

$2,965,000

26,913 sqft 6.70 AC lot

935 Silkwood Ln

APARTMENT HOUSE (5+ UNITS)

935 Silkwood Ln, Grimes, IA 50111-4201

Estimated value:

$3,180,000

29,482 sqft 30.00 AC lot

205 8th St

APARTMENT HOUSE (5+ UNITS)

205 8th St, Grimes, IA 50111-1000

Estimated value:

$730,000

6,256 sqft 1.73 AC lot

410 4th St

APARTMENT HOUSE (5+ UNITS)

410 4th St, Grimes, IA 50111-1187

Estimated value:

$935,000

10,842 sqft 0.56 AC lot

805 Gtwy Dr

APARTMENT HOUSE (5+ UNITS)

805 Gtwy Dr, Grimes, IA 50111-6618

Estimated value:

$1,840,000

31,686 sqft 2.21 AC lot

317 Jacob St

APARTMENT HOUSE (UNDER 5 UNITS)

317 Jacob St, Grimes, IA 50111-7701

Estimated value:

$350,000

2,464 sqft 4.23 AC lot

155 Maplewood Dr

APARTMENT HOUSE (UNDER 5 UNITS)

155 Maplewood Dr, Grimes, IA 50111-2139

Estimated value:

$355,000

4,204 sqft 1.62 AC lot

302 Main St

APARTMENT HOUSE (UNDER 5 UNITS)

302 Main St, Grimes, IA 50111-2194

Estimated value:

$240,000

2,660 sqft 0.27 AC lot

104 8th St

APARTMENT HOUSE (5+ UNITS)

104 8th St, Grimes, IA 50111-8714

Estimated value:

$295,000

5,952 sqft 1.24 AC lot

100 8th St

APARTMENT HOUSE (5+ UNITS)

100 8th St, Grimes, IA 50111-8713

Estimated value:

$290,000

5,952 sqft 1.06 AC lot

204 8th St

APARTMENT HOUSE (5+ UNITS)

204 8th St, Grimes, IA 50111-1079

Estimated value:

$465,000

5,532 sqft 0.74 AC lot

411 1st St

APARTMENT HOUSE (5+ UNITS)

411 1st St, Grimes, IA 50111-5038

Estimated value:

$1,080,000

13,998 sqft 1.00 AC lot

403 1st St

APARTMENT HOUSE (5+ UNITS)

403 1st St, Grimes, IA 50111-5037

Estimated value:

$1,065,000

13,749 sqft 0.96 AC lot

Grimes, IA Residential Income Properties Market Trends and Statistics

Explore 34 residential income properties for sale in Grimes, IA on our real estate platform. These investment opportunities span a total of 3,040 square feet of properties for sale, with an estimated market value of $696,800.

Sale prices for residential investment properties in Grimes, IA average $348,400 — 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 16K

Population Growth (5Y) +18.1%

Median Household Income $108,352

College Educated 64.1%

Taxes & Financing

Tax Rate (average for all types) 2.29%

Property Tax per SF $36.10 per SF

Tax Rate vs County Average 0.13 pp below county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Polk County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale Residential Income pricing trends in Polk County

Residential Income

Property Size Breakdown

The majority of commercial real estate listings in Grimes fall within the 100,000+ square foot range.

How Realmo verifies these figures

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