Advertise
    Grinnell, IA
    Triplex

    Grinnell, IA Triplexes for Sale

    Notify Me
    List
    Map
    Oakland Acres, IA Kellogg, IA Montezuma, IA Lynnville, IA Sully, IA Laurel, IA Brooklyn, IA Newton, IA
    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.
    View details
    Grinnell Triplex Investment Opportunity
    Updated: Apr 13
    Grinnell Triplex Investment Opportunity

    1604 5th Avenue, Grinnell, IA 50112

    $133,500
    2,435 sqft 0.35 AC lot
    Tri‑plex investment property near downtown Grinnell and Grinnell College.
    Vacant, allowing owner to select tenants and set rental rates.
    Potential for immediate rental income (previous rents: $1,000, $950, $825).
    Three separate units: 2 bed/1 bath, 3 bed/1 bath, and 1 bed/1 bath.
    Off‑street parking available.
    View details
    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 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.

    Updated Triplex in Des Moines
    Updated Triplex in Des Moines

    900 Morton Avenue, Des Moines, IA 50316

    $275,000
    2,013 sqft 0.15 AC lot

    Turnkey investment property with updated units and cash-flow potential.

    View details
    One-Level Triplex with Detached Garages
    One-Level Triplex with Detached Garages

    5309-5311 Blue Bonnet Drive, Waterloo, IA 50702

    $549,900
    1.20 AC lot

    Well-kept triplex in Waterloo with separately metered units, in-unit laundry, and detached garage spaces for each home.

    View details
    Triplex with Detached 3-Car Garage
    Triplex with Detached 3-Car Garage

    810 W 2nd Street, Waterloo, IA 50701

    $100,000
    0.18 AC lot

    Triplex offers three rental units, including two vacant 1-bedroom apartments, plus a detached 3-stall garage.

    View details
    Well-Maintained Three-Plex in Des Moines
    Well-Maintained Three-Plex in Des Moines

    1349 E 12 Street, Des Moines, IA 50316

    $220,000
    2,328 sqft 0.17 AC lot

    Updated three-plex with strong rental potential, ideal for investors.

    View details

    Grinnell, IA Triplexes Market Trends and Statistics

    Explore 2 triplexes for sale in Grinnell, IA on our real estate platform. These investment opportunities span a total of 5,326 square feet of properties for sale, with an estimated market value of $432,500.

    Sale prices for three-family homes in Grinnell, IA start at $133,500, averaging $216,250, 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.

    List
    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 2
    Triplexes 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

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Contact Us

    Popular Searches in Grinnell, IA

    Popular Categories

    Most Searched ZIP Codes in Grinnell, IA

    • 50112

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!