1604 5th Ave, Grinnell, IA 50112

Sqft
2,435

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Listed byAE Realty, Inc
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Overview

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

Full feature list

Basic info

Property type
Multi-family
Number of stories
2
Square feet
2,435
Lot size (acres)
0.35
Year built
1900

Interior features

Basement
Yes

Utilities

Heating
Forced Air
Sewer
Public Sewer
Water
Public Water

Estimated monthly costs

Electricity
$163

Taxes

Tax Annual Amount (2024)
$1,950

Public schools

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Sourced from: NoCoast MLS (North Central Iowa) MLS®#: 6337170 Last checked:

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