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114 S Mississippi Street Blue Grass, IA $ 529,900
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114 S Mississippi Street
$ 529,900
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114 S Mississippi Street

Blue Grass, IA, 52726
$ 529,900
Baths0.0 Sq 5,952

Monthly Estimate*

$ 3,346

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Studio

Multi-Family Home for sale in Blue Grass, IA

for $529,900. This 5,952 square foot home was built in 1948 on a lot size of 0.25.

Outstanding investor opportunity to add a high-performing, turnkey asset to your portfolio! Conveniently located in the heart of Blue Grass, this 8-unit multi-family property delivers steady, continuous cash flow from day one. Positioned just off Highway 61 and only ten minutes from the Quad Cities, the property benefits from a strong local rental demand and consistently low turnover. The building features clean, functional unit layouts designed for low-maintenance upkeep, alongside dedicated off-street parking for tenant convenience. On-site coin-operated laundry facilities provide additional income streams while enhancing property utility for residents. With its prime central location, established tenancy, and strong income history, 114 S Mississippi St is an ideal operational addition for both seasoned multi-family investors and portfolio builders.

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Multi-Family Active

Price

$ 529,900

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 6,382

Style

Lot Size

0.25

Year Built

1948

Town/City

Blue Grass

County/Region

Scott

MLS | Web ID

12712388
Features
General
Zoning MULTI
Year Built 1948
Stories Count 2
Township N/A
Tax Year 2024
Gross Income 62640
County Scott
Property Type Commercial Sale Multi Family 5+
Status Active
Directions Hwy 61 to Blue Grass exit (Mayne St) West on Mayne St South on Mississippi St to property on left.
City Blue Grass
Number Of Units Total 8
MLS Area Blue Grass
Lot Size Square Feet 10935
Tax Annual Amount 6382
Additional Parcels Y/N N
Standard Status Active
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Exterior
Building Area Total 5952
Lot Size Acres 0.25
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* Excluded Features
List By
Ruhl&Ruhl Realtors Dewitt

Broker

ashleyblock@ruhlhomes.com

Email

Affordability Calculator

$3,878
Per Month
86%
14%
0%
Monthly Principal & Interest
$3,346
Monthly Property Taxes
$532
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
565567 Elementary School
567955 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
7/28/2026$529,900 Listed Price

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114 S Mississippi Street, Blue Grass, IA, 52726 is a Multi-Family Home for sale at $529,900 with 5,952 sqft and a lot size of 0.25. 114 S Mississippi Street is a studio with 0.0 baths and was built in 1948. The property's zip code is 52726 which is in Blue Grass, IA

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