# 1126 Broad Street, Grinnell, IA 50112

> **TL;DR:** residential multi family, $199,000 ($63/sqft), built 1882, 3,154 sqft. Est. $862/mo. Listed 304 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $199,000 |
| Price/sqft | $63 |
| Square Feet | 3,154 |
| Year Built | 1882 |
| Lot Size | 12,197 sqft (0.28 acres) |
| Stories | 2 |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 304 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $862 |
| **Total** | **$862** |

## Property Highlights

- Built in 1882
- 0.28 acre lot
- 2 stories

## Description

### 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!

## Location

- **Address:** 1126 Broad Street, Grinnell, IA 50112
- **County:** Poweshiek
- **Coordinates:** 41.747191, -92.723802
- **Google Maps:** https://www.google.com/maps?q=41.747191,-92.723802

## Listing Agent

- **Name:** Matthew Karjalahti
- **Brokerage:** RE/MAX Partners Realty, Grinnell
- **Phone:** 6412600672
- **Email:** matt@remaxcentralia.com

## Primary Photo

![1126 Broad Street - Primary Photo](http://lh.rdcpix.com/b278374ce5448a322bfa18fb6b75ac71l-f2121757892r.jpg)

*47 total photos available on [listing page](https://www.propertysimple.com/listing/1126-broad-street-grinnell-ia-50112-6330372)*

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**MLS#:** 6330372 | **Updated:** 2026-06-18
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/1126-broad-street-grinnell-ia-50112-6330372)

---

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