Skip to content
Photo 1 of 2
Photo 1 of 2 — 1221 Main Street, Grinnell, IA 50112
View all 2 photos

1221 Main Street, Grinnell, IA 50112

Poweshiek County

Key Facts

1,965Sq Ft
1900Year Built
0.28Lot (acres)

Description

Perfect for the first time investor. The property has 3 units, the main being a five bedroom, 2 bathroom, livingroom and kitchen. (1st and 2nd floor of the house) The basement is a 1 bedroom/one bathroom. The garage is a one bedroom/one bath apartment. The perfect setup would be a family (owner) living in the main part of the house, Air BNB the basement apartment and rent out the garage to the current long term renter. All hail damage has been done. This property does have a big yard with both parking off the street and in the alley. More photos to follow as current tenants move out at the end of the month. Call your local realtor today for a personal tour.

Property Information

Property Type

Residential Income

Structure Type

Multi Family

Year Built

1900

Living Area

1,965 sq ft

Lot Size

0.28 acres

Lot Dimensions

75 x 165

Zoning

Resid

Days on Market

1

MLS® Listing#

740251

Property Features

Heating

Natural GasForced Air

Basement

Partially Finished

Construction

Vinyl Siding

Sewer

Public Sewer

Water Source

Public

Financial Details

HOA

None

Annual Taxes

$2,314

Tax year 2024

Parcel Number

0616800

Directions

North off of I80, turn right on 8th Ave, turn right on Main St. second house on the right

Affordability Calculator

$59,800

Estimated monthly payment

$1,591/mo

Principal $239,200 · Est. interest $333,705 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Grinnell, IA

$254,054
Median Listing Price
55
Median Days on Market
1,824
Median Sq Ft
$136
Median Price / Sq Ft
66
Active Listings
  • This home’s price is 18% above the area median.
  • Its price per sq ft is 12% above the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Grinnell, IA.

Location

Map showing the location of 1221 Main Street, Grinnell, IA 50112

Points of Interest in Grinnell, IA

Showing the Grinnell area map.

Nearby Schools

  • Ucc Community Preschool

    School · 0.4 mi away

  • Bailey Park Elementary School

    Elementary · 0.4 mi away

  • Grinnell Community Senior High School

    Secondary · 0.7 mi away

  • Fairview Elementary

    Elementary · 0.8 mi away

  • Davis Elementary School

    Elementary · 0.8 mi away

  • Diamond Trail Children's Center

    School · 1.1 mi away

  • Central Iowa Christian School

    School · 1.2 mi away

  • Grinnell Middle School

    Secondary · 1.4 mi away

  • East Marshall Middle School

    Secondary · 9.5 mi away

  • Lynnville-Sully CSD

    School · 13.0 mi away

  • Lynnville-Sully High School

    Secondary · 13.3 mi away

  • East Marshall Elementary School

    Elementary · 13.6 mi away

  • BGM Community School

    Secondary · 14.5 mi away

  • Montezuma High School

    Secondary · 15.1 mi away

  • Aurora Heights Elementary School

    Elementary · 15.7 mi away

  • Berg Middle School

    Secondary · 15.8 mi away

  • Newton Christian School

    School · 15.9 mi away

  • Emerson Hough Elementary School

    Elementary · 16.7 mi away

  • Newton Senior High School

    Secondary · 17.1 mi away

  • South Tama County Elementary School

    Elementary · 17.2 mi away

Commute Calculator

Travel mode

Nearby Homes

Similar Homes Nearby

Similar Home Values

Comparable nearby listings and their asking prices.

AddressPriceBedsBathsSq Ft
2007 Spring Street, Grinnell, IA$214,000421,164
2007 Spring Street, Grinnell, IA$214,000421,164
240 Park Street, Grinnell, IA$215,000531,626
1132 Ann Street, Grinnell, IA$220,000321,488
1132 Ann Street, Grinnell, IA$220,000321,488
711 7th Avenue, Grinnell, IA$225,0002,312

Moving Cost Estimate

EXIT Agents in Grinnell

Listing Courtesy: Century 21 Signature Real Esta - 6419908441

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange of the Des Moines Area Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright ©2026 Des Moines Area Association of REALTORS®. All Rights Reserved.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by DesMoinesAreaAssociationOfRealtors. MLS® Listing#740251. © 2026EXIT Realty®. All rights reserved.