1604 5th Avenue, Grinnell, Iowa 50112

IA, Grinnell
$138,000
  • 2,435 Sqft
  • Residential Income Property Type
  • 1900 Year Built
  • Active Status
Property Description
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.
Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: 6337170
  • Price: $138,000
  • Square Footage: 2,435 Sqft
  • Year Built: 1900
  • Lot Area: 0.35 Acre
  • Status: Active
  • Office Name: AE Realty, Inc
  • Agent Name: Andy Erselius
  • Property Sub Type: Triplex
  • Roof: Shingle
Features
  • Heating System Forced Air
  • Basement Full
  • Sewer City Sewer/Connected
Address Map
  • Country US
  • State IA
  • County Poweshiek
  • City Grinnell
  • Zipcode 50112
  • Street: 5th
  • Street Number: 1604
  • Street Suffix: Avenue
  • Longitude: W93° 17' 14''
  • Latitude: N41° 44' 40''
  • Directions: Use Google Maps https://maps.app.goo.gl/4wS5JqwS8VfGaBhq7
Additional Information
  • Accessibility Features: None
  • Association Amenities: Deck
  • Construction Materials: Frame,Vinyl Siding
  • Electric: Circuit Breakers
  • Lot Size Dimensions: 170x90
  • Number Of Units Total: 3
  • Previous Price: 138000
  • Stories: 2
  • Water Source: Public
Financial
  • Tax Annual Amount: 1950
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