1132 Main Street Grinnell, IA $ 369,900
1132 Main Street
$ 369,900
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1132 Main Street

Grinnell, IA, 50112
$ 369,900
Baths0.0 Sq 3,858

Monthly Estimate*

$ 2,308

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Studio

Multi-Family Home for sale in Grinnell, IA

for $369,900. This 3,858 square foot home was built in 1900.

Discover this spacious and beautifully renovated four-square home, ideally located just a short walk from Grinnell College and downtown Grinnell. Perfect for students, faculty, or investors, this property offers a versatile living experience with four fully updated apartments. Historic Four-Square with spacious rooms, high ceilings, and timeless charm. Four Renovated Apartments each unit has been thoughtfully updated with newer finishes, offering comfortable and stylish living spaces. Recent upgrades include new plumbing, electrical systems, new paint throughout, updated bathrooms, ensuring reliability and efficiency. On-Site Laundry: Convenient laundry facilities available for tenants, adding to the property's appeal and convenience. Prime Location: Walkable to Grinnell College, downtown shops, dining, and entertainment, providing easy access to all amenities. Investment Opportunity: Ideal for rental income with multiple units, or as a spacious owner-occupied residence with rental income from additional units. This property combines historic character with modern updates, making it a fantastic opportunity for investors or those seeking a convenient, comfortable home near campus and downtown Grinnell.

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Multi-Family Active

Price

$ 369,900

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 3,036

Style

Year Built

1900

Town/City

Grinnell

County/Region

Poweshiek

MLS | Web ID

6329839

Features
General
Sewer Public Sewer City Sewer/Connected
Heating Baseboard
Garage Spaces 0
Construction Materials HardiPlank Type
Year Built 1900
Stories Count 2
Property Subtype Quadruplex
Tax Year 2025
Gross Income 38698
Accessibility None
County Poweshiek
Operating Expense 6224
Property Type Residential Income
Contingency None
MaintenanceExpense 500
Status Active
Directions Google
Association Name MIR
Number Of Units Total 4
Lot Size Units Acres
Tax Annual Amount 3036
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Living Area Units Square Feet
Standard Status Active
Legal Description per abstract
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Interior
Basement Full
Total Fireplaces 0
Fireplace Y/N N
Total Baths 0
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Exterior
Water Source City Water - In Street Public
Lot Dimensions 75 x 165
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* Excluded Features
List By
Joyce Halblom

Listing Agent

Turnkey Realty Llc

Broker

joyce@tk-realty.com

Email

Affordability Calculator

$2,561
Per Month
90%
10%
0%
Monthly Principal & Interest
$2,308
Monthly Property Taxes
$253
Monthly 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
2872932 Elementary School
2872966 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/17/2025$369,900 Listed Price

Map


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1132 Main Street, Grinnell, IA, 50112 is a Multi-Family Home for sale at $369,900 with 3,858 sqft. 1132 Main Street is a studio with 0.0 baths and was built in 1900. The property's zip code is 50112 which is in Grinnell, IA