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About This Home

This 0-bedroom, 0-bathroom residential multi family at 1126 Broad Street in Grinnell, IA is listed for $199,000 ($63 per sqft). Built in 1882, the home offers 3,154 sqft of living space on a 0.28 acres lot.

Agent Description

Just YARDS, STEPS, LITERAL FEET, from Grinnell College, this spacious two-story duplex offers over 3,100 square feet of opportunity in a prime rental location. Originally built in 1882, the home blends vintage charm with versatile functionality, making it a great fit for investors or anyone looking to add value over time.

One unit is currently leased, providing immediate income, while the second unit offers a flexible layout ready for your finishing touches. Hardwood floors run throughout much of the home, and there's plenty of natural light and character to build on. With off-street parking and a history of strong rental demand, especially from the nearby college community, this property is a smart addition to your portfolio.

Whether you're looking to continue its use as a high-demand rental or re-imagine the space entirely, this property delivers on size, location, and potential. Call for your showing today!

Key Features

  • Built in 1882
  • 0.28 acre lot
  • 2 stories

Property Details

2 stories
1882

Monthly Cost Estimate

$1,064/mo

20% down · 6.5% · 30 years

Principal$144
Interest$862
Insurance$58

Estimates only. Actual payments may vary.

Location

1126 Broad Street

Grinnell, IA 50112

Property Details

Construction

Wood Siding

Heating

Forced Air

Questions & Answers

This 0-bedroom, 0-bathroom residential multi family at 1126 Broad Street is listed at $199,000 ($63/sqft). The estimated monthly payment is $862 based on 20% down at 6.5% interest.

Key features include: Built in 1882, 0.28 acre lot, 2 stories.

This property is listed by Matthew Karjalahti and can be reached at 6412600672 or matt@remaxcentralia.com.

MK

Matthew Karjalahti

Agent at RE/MAX Partners Realty, Grinnell

(641) 260-0672

Listed by RE/MAX Partners Realty, Grinnell · View on Broker Site

MLS# 6330372· Source: listhub· Updated 304 days ago

Copyright © 2026 NoCoast MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1126 Broad Street, Grinnell, IA 50112

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