Entire Top Floor Historic 1921 Bank Building convertible 1 or 2 Bed, 1 Bath Grafton, IA
The whole top floor of the former Farmers State Bank, built in 1921 and converted into a private apartment. One of only three units in the building. Owned and managed directly by the owner, so there's no management company, no HOA, and no leasing office to go through.
The living room stretches across the front of the building with three tall windows over 3rd Street. Deep navy walls, hardwood floors, and room for a full sectional plus a dining table.
The kitchen runs the width of the back of the unit with wood cabinetry along two walls, including a full bank of uppers that gives this apartment more storage than most houses. Corner double-basin sink under a window, laminate counters, and a full-size washer and dryer in the room itself. Not shared, not in a basement, not coin-operated. The kitchen floor is linoleum tile; hardwood runs through the rest of the apartment.
The bedroom fits a king with room to spare and has two closets plus space for a desk under the window.
The full bath has a tub and shower, a single vanity, and a floor-to-ceiling built-in linen cabinet that handles towels, sheets, and everything else that usually ends up in a hall closet.
Original wood trim and solid wood doors carry through the entire floor, left from the building's original construction. The exterior is unchanged: red brick, limestone pediment, and the bank's name still cut into the stone above the entry.
Owner pays heat. Tenant pays water, electricity, and garbage.
Apartment for rent
Accepts Zillow applications
$900/moFees may apply
307 3rd St, # A, Grafton, IA 50440
2beds
1,200sqft
Price may not include required fees and charges. Price shown reflects the lease term provided. Learn more|
Apartment
Available Thu Oct 1 2026
No pets
Air conditioner, window unit
In unit laundry
Baseboard
What's special
Hardwood floorsFloor-to-ceiling built-in linen cabinetDeep navy walls
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Zillow last checked:
Listing updated:
Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Baseboard
Cooling
- Air Conditioner, Window Unit
Appliances
- Included: Dryer, Freezer, Microwave Oven, Oven, Refrigerator, Washer
- Laundry: In Unit
Features
- Flooring: Hardwood, Tile
Interior area
- Total interior livable area: 1,200 sqft
Property
Parking
- Details: Contact manager
Construction
Type & style
- Home type: Apartment
- Property subtype: Apartment
Building
Management
- Pets allowed: No
Community & HOA
Location
- Region: Grafton
Financial & listing details
- Lease term: 1 Year
Price history
| Date | Event | Price |
|---|---|---|
| 8/31/2026 | Listed for rent | $900$1/sqft |
Source: Zillow Rentals Report a problem | ||
Neighborhood: 50440
Nearby schools
GreatSchools rating
- 8/10St Ansgar Elementary SchoolGrades: PK-5Distance: 8.1 mi
- 6/10St. Ansgar Middle SchoolGrades: 6-8Distance: 8.1 mi
- 9/10St Ansgar High SchoolGrades: 9-12Distance: 8.1 mi



