1604 5th AVE, Grinnell, IA 50112
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1604 5th AVE, Grinnell, IA 50112
1604 5th AVE, Grinnell, IA 50112
1604 5th AVE, Grinnell, IA 50112
1604 5th AVE, Grinnell, IA 50112
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Listed by Andy Erselius AE Realty, Inc
$ 133,500
Est. payment /mo
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1604 5th AVE Grinnell, IA 50112

2,435 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,435 sqft

Price per Sqft $54

MLS Listing ID NOC6337170

Maintenance Fees $1,000

Year Built 1900

Annual Tax Amount $1,950

Tax Year 2024

Lot Size 0.350 Acres

Acres 0.35

Lot Dimensions 170x90

Property Sub-Type Triplex

Property Description

Seller offering $5,000 credit towards rate buy down, closing costs or possible updates. Large tri-plex located just seven blocks from downtown Grinnell and Grinnell College makes this investment property is a great opportunity for new or seasoned investors. Currently vacant for the next owner to choose tenants. The most recent (2025) monthly rents were $1,000 (main floor 2 bed/1 bath, $950 (upper 3 bed/1 bath), and $825 (lower level 1 bed/1bath). Each level is it's own unit. There is off street parking available and a large lot present space to build a garage. Upper unit has no photos yet. Call today to schedule a private showing.

Location

State IA

County Poweshiek

Area 2435

Direction Use Google Maps https://maps.app.goo.gl/4wS5JqwS8VfGaBhq7

Rooms

Basement Full

Interior

Heating Forced Air

Fireplace No

Exterior

Amenities Available Deck

View Y/N true

Roof Type Shingle

Accessibility None

Building

Story 2

Sewer City Sewer/Connected

Water Public

Structure Type Frame,Vinyl Siding

Schools

School District 2709 - Grinnell-Newburg

Others

Energy Description Natural Gas

Acceptable Financing NOC6337170

Listing Terms NOC6337170


NEARBY SCHOOL & BUSINESS

Amber Lesnick

Amber Lesnick

Managing Broker/Owner

+1(515) 229-3402

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1604 5th AVE