920 High Street Grinnell, IA ^$ 354,900

920 High Street

^$ 354,900

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920 High Street

Grinnell, IA, 50112

^$ 354,900

Bedrooms-- Baths--

Monthly Estimate*

^$ 2,214

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Commercial Property for sale in Grinnell, IA

for $354,900. This building was built in 1900 on a lot size of 0.29.

Discover this beautifully renovated multi-unit rental featuring a total of five apartments—perfect for students or young professionals seeking a convenient and comfortable living arrangement. The property includes two separate two-bedroom apartments and three one-bedroom apartments, all thoughtfully updated with fresh paint, modern flooring. Each unit offers ample space and privacy, making it an ideal college rental or investment property. The detached two-stall garage provides secure parking and additional storage, while recent upgrades include a new roof, gutters and downspouts extended underground to ensure durability and protection from the elements. The new cement sidewalks around the house and a brand-new deck enhance curb appeal and outdoor enjoyment. Located just minutes from Grinnell College and downtown Grinnell, this property combines convenience with comfort. Whether you're an investor looking for a steady rental income or a student seeking a nearby home, this turnkey property is ready for its new occupants. Don’t miss this opportunity to own a well-maintained, updated multi-family residence in a prime location! 100% occupied until Spring of 2027. Contact your agent for more details.

Commercial Active

Price

^$ 354,900

Property Type

Commercial

Taxes

^$ 3,822

Style

Lot Size

0.29

Year Built

1900

Town/City

Grinnell

County/Region

Poweshiek

MLS | Web ID

6329838

Features

General

Sewer Public Sewer City Sewer/Connected

Heating Baseboard

Cooling Window Unit(s)

Utilities Electric Separate

Appliances Range Refrigerator

Garage Spaces 1

Construction Materials Wood Siding

Year Built 1900

Property Subtype Apartment

Tax Year 2023

Current Use Commercial

Gross Income 33688

Accessibility None

County Poweshiek

Property Type Commercial Sale

Association Amenities Laundry

Contingency None

MaintenanceExpense 500

Possible Use Income

Status Active

Directions Google

Association Name MIR

Open Parking Spaces 0

Number Of Units Total 5

Lot Size Units Acres

Lot Size Square Feet 12632.4

Tax Annual Amount 3822

Electric Expense 0

Trash Expense 0

Water Sewer Expense 3472

Living Area Units Square Feet

Standard Status Active

Legal Description GRINNELL LOT 4 BLOCK 27

Exterior

Parking Features On Street

Water Source City Water - In Street Public

Lot Dimensions 75X169

Lot Size Acres 0.29

* Excluded Features

List By

Penny Gable

Listing Agent

Turnkey Realty Llc

Broker

penny@tk-realty.com

Affordability Calculator

$2,533

Per Month

Monthly Principal & Interest: $2,214
Monthly Property Taxes: $319
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Grinnell, IA

Average List Price ^$744,639

Percent of Sale Price 110%

About Grinnell, IA

9,025 Population

-2% Since 2002

^$47,388 Median Income

34.04 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2872932 Elementary School

2872966 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
7/17/2025	$354,900		Listed Price

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920 High Street, Grinnell, IA, 50112 is a Commercial Property for sale at $354,900 with a lot size of 0.29. 920 High Street was built in 1900. The property's zip code is 50112 which is in Grinnell, IA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of the Iowa Association of REALTORS service.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is deemed reliable but is not guaranteed accurate by the the MLS. The MLS may, at its discretion, require use of other disclaimers as necessary to protect participants and/or the MLS from liability. Data is updated as of 12/5/2025.

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920 High Street

Commercial Property for sale in Grinnell, IA

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