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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.
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
Monthly Cost Estimate
$1,064/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1126 Broad Street
Grinnell, IA 50112
Property Details
Construction
Heating
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.



