An outstanding investment property attractive to a wide audience, strategically located within two blocks of downtown Grinnell and Grinnell College. 903 East Street, with a separate interior entrance, is an upstairs three-bedroom, one bathroom apartment, with a full kitchen, living space, and washer/dryer within the apartment. The current lease allows the upstairs tenant use of the one car detached garage. 1221 4th Avenue is a one- or two-bedroom first floor apartment featuring a full kitchen, living space, bathroom, and washer and dryer for tenants. The first-floor apartment also has a separate entrance off 4th Avenue. This unit includes a three-season porch on the south side of the home. The interior of the first and second floor apartments was renovated in 2014. There was a complete electrical update in 2015 with a second box added to the upstairs apartment. All new water lines inside the property in 2015, and a new curb stop water shut off was new in 2015 as well. The roof and gutters were new in 2023. Current lease information is available upon request. Call for a private tour today!
For sale
Price cut: $6K (2/25)
$169,000
903 East St, Grinnell, IA 50112
4beds
2,226sqft
Est.:
Multi Family, Apartment
Built in 1900
-- sqft lot
$-- Zestimate®
$76/sqft
$-- HOA
What's special
Living spaceFull kitchenThree-season porch
- 128 days
- on Zillow |
- 325 |
- 8 |
Zillow last checked: 7 hours ago
Listing updated: February 25, 2025 at 03:28pm
Listed by:
Kevin Kolbe (641)236-3141,
Ramsey Weeks Real Estate
Source: DMMLS,MLS#: 709107
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: 4
- Bathrooms: 2
- Full bathrooms: 2
- Main level bedrooms: 1
Heating
- Baseboard, Electric, Forced Air, Gas, Natural Gas, See Remarks
Cooling
- Window Unit(s)
Appliances
- Included: Dryer, Dishwasher, Refrigerator, Stove, Washer
- Laundry: Main Level, Upper Level
Features
- Dining Area, Eat-in Kitchen, See Remarks
- Flooring: Hardwood, Tile, Vinyl
- Basement: Daylight,Unfinished
Interior area
- Total structure area: 2,226
- Total interior livable area: 2,226 sqft
Property
Parking
- Total spaces: 1
- Parking features: Detached, Garage, One Car Garage
- Garage spaces: 1
Lot
- Size: 7,875.65 Square Feet
- Features: Rectangular Lot
Details
- Parcel number: 1800634300
- Zoning: R
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Craftsman
- Property subtype: Multi Family, Apartment
Materials
- Stucco
- Foundation: Block, Stone
- Roof: Asphalt,Shingle
Condition
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Sidewalks
- Security: Smoke Detector(s)
HOA
- Has HOA: No
Location
- Region: Grinnell
Financial & listing details
- Price per square foot: $76/sqft
- Tax assessed value: $167,350
- Annual tax amount: $2,756
- Date on market: 12/18/2024
- Listing terms: Cash,Conventional
- Road surface type: Concrete
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