Welcome to an prime investment opportunity featuring strong occupancy history and extensive recent capital improvements, situated just two blocks from downtown and the hospital. This meticulously maintained duplex generates $19,800.00 in annual gross rents, making it an ideal asset for both seasoned investors and buyers looking to owner occupy. The property consists of two distinct residential units, including a comfortable two bedroom layout as well as a second unit offering two bedrooms plus a versatile bonus room that works perfectly as an office, nursery, or extra living space. Essential updates have already been completed, giving the next owner true peace of mind. Capitalizing on recent high value renovations, the property features a newer roof, siding, and concrete sidewalk. Beyond the main structure, the lot includes a two car detached garage with convenient alley access, providing highly desirable off street parking or extra storage. Prime central location; this asset provides occupancy, reduced near term maintenance expenses. and strong appeal driven by its walkability to major employers, dining, downtown Grinnell and Unity Point Medical Center. Schedule your private showing today to add this income generating property to your portfolio.
Active
$159,900
929 Spring St #931, Grinnell, IA 50112
--beds
0baths
1,541sqft
Duplex
Built in 1900
-- sqft lot
$-- Zestimate®
$104/sqft
$-- HOA
What's special
Comfortable two bedroom layoutTwo distinct residential unitsNewer roof
- 4 days
- 111
- 4
Zillow last checked:
Listing updated:
Listed by:
Matthew Karjalahti 641-260-0672,
RE/MAX Partners Realty, Grinnell,
Bennett Wiltfang,
RE/MAX Partners Realty, Grinnell
Source: NoCoast MLS as distributed by MLS GRID,MLS#: 6341948
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Forced Air
Features
- Basement: Partial
- Has fireplace: No
Interior area
- Total interior livable area: 1,541 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage
- Garage spaces: 2
Accessibility
- Accessibility features: None
Features
- Stories: 2
Lot
- Size: 7,405 Square Feet
- Dimensions: 50 x 150
Details
- Parcel number: 0548200
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
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: $104/sqft
- Annual tax amount: $1,945
- Date on market: 8/25/2026
- Cumulative days on market: 5 days
- Listing terms: Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/25/2026 | Listed for sale | $159,900$104/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment





