303-305 NW Valley View Drive
Grimes, IA, 50111 $ 348,400
Bedrooms4 Baths2.0 Sq 1,520 Monthly Estimate*
$ 2,406
for $348,400 with 4 bedrooms and 2 full baths. This 1,520 square foot home was built in 1977 on a lot size of 0.257.
Fantastic opportunity to own a well-maintained, income-producing ranch-style duplex in a desirable Grimes location! Offering 1,520 square feet, this attractive property provides an exceptional opportunity for investors looking to expand their rental portfolio or buyers interested in owner-occupied investment potential. Each unit features its own private fenced backyard, detached one-car garage, and basement, providing comfortable and functional living spaces. Unit 303 offers 3 bedrooms, 2 bathrooms, and a finished lower level featuring a spacious bedroom, half bath, and walk-in closet. Unit 305 features 2 bedrooms, 1 bathroom, and a lower level with an egress window offering potential for additional finished living space, subject to applicable requirements. Both units have benefited from updates to kitchens, bathrooms, flooring, and stainless steel appliances, providing modern conveniences and attractive finishes. Each residence also includes its own washer and dryer! Investors will appreciate the separately metered gas, electric, and water utilities, all paid directly by tenants, helping minimize operating expenses. Tenants also handle lawn care and snow removal, reducing ongoing maintenance responsibilities. Currently owner-managed. Conveniently located near Grimes shopping, dining, parks, and everyday amenities, this versatile duplex combines established rental income, desirable updates, private outdoor spaces, and excellent investment potential.
See more
List ByStephanie ThomasListing Agent
Stephanie@realestateconcepts.netEmail
Affordability Calculator
- Monthly Principal & Interest
- $2,406
- Monthly Property Taxes
- $428
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% 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.
Learn more about how to save NearbyMulti-family listings in Grimes, IA
Average List Price $348,400
Percent of Sale Price 0%
About Grimes, IA 13,793 Population
194% Since 2002
$ 86,301 Median Income
35.21 Median Age
43% Households with Children
Trends Information provided by ATTOM Data Solutions.
4760041 Elementary School
4760040 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/23/2026 | $348,400 | | Listed Price |