Pending

$315,000

301 & 303 W 1st St, Grimes, IA 50111

2beds

1,440sqft

$2,223/mo

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Single Family Residence

Built in 1973

0.34 Acres Lot

$-- Zestimate^®

$219/sqft

$-- HOA

What's special

Comfortable living space

Great investment opportunity in the growing community of Grimes! Well-maintained duplex with long-term tenants already in place, offering immediate and reliable income potential. Each unit features 3 bedrooms, 1 bath, comfortable living space, and strong rental appeal. The attached 2-car garage is split by a divider wall, giving each unit its own private garage space and entrance. Recent updates include a new high-impact roof in 2025 and updated HVAC in one unit within the last five years. Conveniently located just minutes from the city splash pad, shopping, dining, and everyday amenities, this property is well-positioned for both steady cash flow and future appreciation. All information obtained from seller and public record.

3 days

29

0

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1
Main level bedrooms: 2

Heating

Forced Air, Gas, Natural Gas

Cooling

Central Air

Appliances

Included: Refrigerator, Stove

Features

Basement: Partially Finished

Interior area

Total structure area: 1,440
Total interior livable area: 1,440 sqft
Finished area below ground: 158

Property

Parking

Total spaces: 2
Parking features: Detached, Garage, Two Car Garage
Garage spaces: 2

Features

Stories: 1

Lot

Size: 0.34 Acres
Dimensions: 100 x 150

Details

Parcel number: 31100345001000
Zoning: R-4

Construction

Type & style

Home type: SingleFamily
Architectural style: Ranch
Property subtype: Single Family Residence

Materials

Vinyl Siding
Roof: Asphalt,Shingle

Condition

Year built: 1973

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

HOA

Has HOA: No

Location

Region: Grimes

Financial & listing details

Price per square foot: $219/sqft
Annual tax amount: $4,893
Date on market: 3/20/2026
Cumulative days on market: 128 days
Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan
Road surface type: Concrete

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
7/27/2026	Pending sale	$315,000$219/sqft
Source: DMMLS #736678 Report a problem
4/15/2026	Price change	$315,000-3.1%$219/sqft
Source: DMMLS #736678 Report a problem
3/20/2026	Listed for sale	$325,000$226/sqft
Source: DMMLS #736678 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

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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