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    Grinnell, IA
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    Grinnell, IA Triplexes for Sale

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    Oakland Acres, IA Kellogg, IA Montezuma, IA Lynnville, IA Sully, IA Montour, IA Laurel, IA Brooklyn, IA
    Triplex with Basement and Garage Apartments
    Updated: May 6
    Triplex with Basement and Garage Apartments

    1221 Main Street, Grinnell, IA 50112

    $299,000
    2,891 sqft 0.28 AC lot
    Three‑unit triplex with a five‑bedroom, two‑bath main house plus a one‑bedroom basement unit and a one‑bedroom garage apartment
    0.28‑acre lot with a big yard and parking off the street and in the alley
    2,891 square feet total property size
    Built in 1900 with vinyl siding
    Forced air heating and public water
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    Three-Unit Multifamily Property
    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
    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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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Grinnell, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Fully Occupied Triplex with Separate Meters
    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
    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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    Historic Triplex Ready for Restoration
    Historic Triplex Ready for Restoration

    672 19th Street, Des Moines, IA 50314

    $149,000
    4,737 sqft 0.17 AC lot

    The 1914 building carries R-HD zoning and public water and sewer service.

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    3-Unit Residential Property
    3-Unit Residential Property

    2712 Dean Ave, Des Moines, IA 50317

    $285,000
    1,710 sqft

    Up/down layout includes two apartments and a detached efficiency, with recent repairs and unit-level updates.

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    Grinnell, IA Triplexes Market Trends and Statistics

    Explore 3 triplexes for sale in Grinnell, IA, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 8,217 square feet of properties for sale, with an estimated market value of $731,500.

    Sale prices for three-family homes in Grinnell, IA start at $133,500, averaging $243,833, and reaching up to $299,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 3
    Triplexes 3
    Apartment buildings 2
    Quadplexes 1

    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 $216.3K

    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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