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About This Home

This 0-bedroom, 0-bathroom residential multi family at 1221 Main Street in Grinnell, IA is listed for $299,000 ($103 per sqft). Built in 1900, the home offers 2,891 sqft of living space on a 0.28 acres lot.

Agent Description

Perfect for the first time investor. The property has 3 units, the main being a five bedroom, 2 bathroom, livingroom and kitchen. (1st and 2nd floor of the house) The basement is a 1 bedroom/one bathroom. The garage is a one bedroom/one bath apartment.

The perfect setup would be a family (owner) living in the main part of the house, Air BNB the basement apartment and rent out the garage to the current long term renter. All hail damage has been done. This property does have a big yard with both parking off the street and in the alley. More photos to follow as current tenants move out at the end of the month. Call your local realtor today for a personal tour.

Key Features

  • Built in 1900
  • 0.28 acre lot
  • 2 stories

Property Details

2 stories
1900

Monthly Cost Estimate

$1,599/mo

20% down · 6.5% · 30 years

Principal$216
Interest$1,296
Insurance$87

Estimates only. Actual payments may vary.

Location

1221 Main Street

Grinnell, IA 50112

Property Details

Construction

Vinyl Siding

Heating

Forced Air

Questions & Answers

This 0-bedroom, 0-bathroom residential multi family at 1221 Main Street is listed at $299,000 ($103/sqft). The estimated monthly payment is $1,296 based on 20% down at 6.5% interest.

Key features include: Built in 1900, 0.28 acre lot, 2 stories.

This property is listed by Penny Gable and can be reached at 6413250010 or penny@c21sre.com.

PG

Penny Gable

Agent at Century 21 Signature Real Estate

(641) 325-0010

Listed by Century 21 Signature Real Estate · View on Broker Site

MLS# 6338061· Source: listhub· Updated 26 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.

1221 Main Street, Grinnell, IA 50112

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