Active

$299,000

1221 Main St, Grinnell, IA 50112

--beds

0baths

2,891sqft

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Multi Family

Built in 1900

-- sqft lot

$278,000 Zestimate^®

$103/sqft

$-- HOA

What's special

Big yardFive bedroom

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.

61 days

64

2

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: 63 days

Penny A Gable

(641) 325-0010

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Estimated market value

$278,000

$264,000 - $292,000

$934/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

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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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