301 & 303 W 1st Street Grimes, IA $ 325,000
301 & 303 W 1st Street
$ 325,000
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301 & 303 W 1st Street

Grimes, IA, 50111
$ 325,000
Bedrooms2 Baths1.0 Sq 1,440

Monthly Estimate*

$ 2,001

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Single Family Home for sale in Grimes, IA

for $325,000 with 2 bedrooms and 1 full bath. This 1,440 square foot home was built in 1973 on a lot size of 0.341.

Great investment opportunity in the growing community of Grimes! Well-maintained duplex with long-term tenants already in place, offering immediate and reliable income potential. Each unit features 3 bedrooms, 1 bath, comfortable living space, and strong rental appeal. The attached 2-car garage is split by a divider wall, giving each unit its own private garage space and entrance. Recent updates include a new high-impact roof in 2025 and updated HVAC in one unit within the last five years. Conveniently located just minutes from the city splash pad, shopping, dining, and everyday amenities, this property is well-positioned for both steady cash flow and future appreciation. All information obtained from seller and public record.

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Single Family Active

Price

$ 325,000

Bedrooms

2

Full Bath

1

Property Type

Single Family

Taxes

$ 4,893

Style

Lot Size

0.341

Year Built

1973

Town/City

Grimes

County/Region

Polk

MLS | Web ID

736678

List By
Bo Cosens

Listing Agent

Re/Max Precision

Broker

bo@precisiondsm.com

Email

Affordability Calculator

$2,409
Per Month
83%
17%
0%
Monthly Principal & Interest
$2,001
Monthly Property Taxes
$408
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
4760041 Elementary School
4760040 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/20/2026$325,000 Listed Price

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301 & 303 W 1st Street, Grimes, IA, 50111 is a Single Family Home for sale at $325,000 with 1,440 sqft and a lot size of 0.341. 301 & 303 W 1st Street has 2 bedrooms, 1.0 baths, and was built in 1973. The property's zip code is 50111 which is in Grimes, IA