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.
Active
$299,000
1221 Main St, Grinnell, IA 50112
--beds
0baths
2,891sqft
Multi Family
Built in 1900
-- sqft lot
$274,600 Zestimate®
$103/sqft
$-- HOA
What's special
Big yardFive bedroom
- 113 days
- 57
- 4
Zillow last checked:
Listing updated:
Listed by:
Penny A Gable 641-325-0010,
Century 21 Signature Real Estate,
Joyce Halblom 641-990-8441,
Century 21 Signature Real Estate
Source: NoCoast MLS as distributed by MLS GRID,MLS#: 6338061
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Forced Air
Features
- Basement: Partial,Finished
- Has fireplace: No
Interior area
- Total interior livable area: 2,891 sqft
- Finished area below ground: 926
Property
Accessibility
- Accessibility features: None
Features
- Stories: 2
Lot
- Size: 0.28 Acres
- Dimensions: 75 x 165
Details
- Foundation area: 926
- Parcel number: 0616800
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family
Materials
- Vinyl Siding
Condition
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Grinnell
Financial & listing details
- Price per square foot: $103/sqft
- Tax assessed value: $144,160
- Annual tax amount: $2,314
- Date on market: 5/7/2026
- Cumulative days on market: 115 days
Estimated market value
$274,600
$261,000 - $288,000
$1,031/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/7/2026 | Listed for sale | $299,000+171.8%$103/sqft |
Source:  NoCoast MLS as distributed by MLS GRID #6338061 Report a problem | ||
| 10/21/2016 | Sold | $110,000$38/sqft |
Source: NoCoast MLS as distributed by MLS GRID #5457702 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,314 +1% | $144,160 +3.7% |
| 2024 | $2,290 +1.1% | $139,070 |
| 2023 | $2,266 +0.9% | $139,070 +16.1% |
| 2022 | $2,246 +16.3% | $119,820 |
| 2021 | $1,932 +2.2% | $119,820 +23.3% |
| 2020 | $1,890 +5.5% | $97,170 |
| 2019 | $1,792 +1.7% | $97,170 +7% |
| 2018 | $1,762 -2.1% | $90,810 |
| 2017 | $1,800 | $90,810 |
| 2016 | -- | $90,810 -0.7% |
| 2015 | -- | $91,490 |
| 2014 | -- | $91,490 |
| 2013 | -- | $91,490 +6.2% |
| 2012 | $1,528 -51% | $86,110 |
| 2010 | $3,120 | $86,110 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 50112
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