725 Spring Street, Grinnell, IA 50112
Poweshiek County
Key Facts
Description
Excellent investment opportunity in Grinnell, Iowa—this portfolio of 12 rental homes offers consistent rental income, strong occupancy, and solid growth potential. Located in established neighborhoods near schools, parks, and downtown, these properties are ideal for investors looking to expand or start a rental portfolio. The following Poweshiek County Parcels are included in the sale: 0725000; 0725100; 3211300; 0723300; 0763000; 0613700; 0766300; 0653800; 0570300; 0757100; 0808600; 0647600. A Letter of Intent must be submitted and accepted prior to any showings being scheduled. Don’t miss your chance to secure an income-producing asset in a great community—schedule a tour today.
Property Information
Property Type
Residential Income
Style
Other
Year Built
1900
Stories
2
Living Area
18,092 sq ft
Lot Size
3.20 acres
Lot Dimensions
73.75 x 60.00
Garage Spaces
7
Days on Market
2
MLS® Listing#
6330821
Property Features
Heating
Construction
Sewer
Water Source
Financial Details
HOA
Yes
MIR
Annual Taxes
$15,184
Tax year 2023
Parcel Number
0570300 ; 0725000;0725100
Directions
Follow GPS.
Affordability Calculator
$283,000
Estimated monthly payment
$7,531/mo
Principal $1,132,000 · Est. interest $1,579,241 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Grinnell, IA
- $256,410
- Median Listing Price
- 52
- Median Days on Market
- 1,824
- Median Sq Ft
- $132
- Median Price / Sq Ft
- 68
- Active Listings
- This home’s price is 452% above the area median.
- Its price per sq ft is 41% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Grinnell, IA.
Location
- 725 Spring Street, Grinnell, IA 50112
Getting Around
Points of Interest in Grinnell, IA
Showing the Grinnell area map.
Nearby Schools
Ucc Community Preschool
School · 0.3 mi away
Davis Elementary School
Elementary · 0.3 mi away
Bailey Park Elementary School
Elementary · 0.6 mi away
Diamond Trail Children's Center
School · 0.8 mi away
Grinnell Community Senior High School
Secondary · 0.9 mi away
Grinnell Middle School
Secondary · 1.0 mi away
Fairview Elementary
Elementary · 1.1 mi away
Central Iowa Christian School
School · 1.1 mi away
East Marshall Middle School
Secondary · 9.9 mi away
Lynnville-Sully CSD
School · 12.5 mi away
Lynnville-Sully High School
Secondary · 12.8 mi away
East Marshall Elementary School
Elementary · 13.8 mi away
BGM Community School
Secondary · 14.6 mi away
Montezuma High School
Secondary · 14.9 mi away
Aurora Heights Elementary School
Elementary · 15.5 mi away
Berg Middle School
Secondary · 15.6 mi away
Newton Christian School
School · 15.7 mi away
Emerson Hough Elementary School
Elementary · 16.5 mi away
Newton Senior High School
Secondary · 16.9 mi away
Basics & Beyond Alt High School
Secondary · 17.3 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 606 Stagecoach Road, Grinnell, IA | $1,250,000 | — | — | 9,600 |
| 2048 West Street S, Grinnell, IA | $1,300,000 | — | — | 1,708 |
| 1109 E 132nd Street N, Grinnell, IA | $1,600,000 | — | — | — |
| 0000 Hwy T38N Highway, Grinnell, IA | $1,790,000 | — | — | — |
Moving Cost Estimate
EXIT Agents in Grinnell
Listing Courtesy: RE/MAX Partners Realty, Grinnell - 6412366683
Presented by: Bennett Wiltfang