Calling all Investors - Rare opportunity to acquire an Apartment Portfolio in Grinnell, IA! The portfolio has 22 multifamily and 3 commercial units. Downtown Main Street is 1 mixed-use building with 8 residential units and 3 commercial units. There are (2) 1 bedroom, (5) 2 bedroom, and (1) 3 bedroom residential units. Additionally, there are 3 commercial suites on the main floor. Coin Laundry is owned and located in the common area. The building has 8 private parking spots for residential tenants. Sunset Apartments is 1 multi-family building with 14 residential units, and 8 garage units. The building is comprised of all 2 bedroom units. Coin Laundry is owned and located in the common area. There are approximately 24 private parking spots for tenants. Offering Memorandum available upon request. Letter of Intent must be submitted prior to any showing.
For sale
$1,650,000
1629 Sunset St, Grinnell, IA 50112
43beds
10,038sqft
Est.:
Multi Family, Apartment
Built in 1989
-- sqft lot
$-- Zestimate®
$164/sqft
$-- HOA
What's special
- 205 days
- on Zillow |
- 182 |
- 7 |
Zillow last checked: 7 hours ago
Listing updated: October 02, 2024 at 05:20pm
Listed by:
Bennett Wiltfang (641)236-6683,
RE/MAX Partners Realty,
Matt Karjalahti,
RE/MAX Partners Realty
Source: DMMLS,MLS#: 705144
Originating MLS: Des Moines Area Association of REALTORS

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 43
- Bathrooms: 22
- Full bathrooms: 22
Heating
- Baseboard, Electric, Forced Air, Gas, Heat Pump, Natural Gas
Cooling
- Central Air
Features
- Basement: Finished
Interior area
- Total structure area: 10,038
- Total interior livable area: 10,038 sqft
- Finished area below ground: 4,083
Property
Parking
- Total spaces: 4
- Parking features: Detached, Garage
- Garage spaces: 4
Lot
- Size: 0.76 Acres
- Dimensions: 246 x 134.50
- Features: Rectangular Lot
Details
- Parcel number: 1803259900; 1800103000
- Zoning: R, C
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Apartment
Materials
- Brick, Vinyl Siding
- Foundation: Block, Brick/Mortar
- Roof: Asphalt,Rubber,Shingle
Condition
- Year built: 1989
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Grinnell
Financial & listing details
- Price per square foot: $164/sqft
- Annual tax amount: $22,076
- Date on market: 10/2/2024
- Listing terms: Cash,Conventional
- Road surface type: Concrete
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