# 1221 Main Street, Grinnell, IA 50112

> **TL;DR:** residential multi family, $299,000 ($103/sqft), built 1900, 2,891 sqft. Est. $1,296/mo. Listed 26 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $299,000 |
| Price/sqft | $103 |
| Square Feet | 2,891 |
| Year Built | 1900 |
| Lot Size | 12,197 sqft (0.28 acres) |
| Stories | 2 |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 26 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $1,296 |
| **Total** | **$1,296** |

## Property Highlights

- Built in 1900
- 0.28 acre lot
- 2 stories

## Description

### 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.

## Location

- **Address:** 1221 Main Street, Grinnell, IA 50112
- **County:** Poweshiek
- **Coordinates:** 41.748438, -92.726211
- **Google Maps:** https://www.google.com/maps?q=41.748438,-92.726211

## Listing Agent

- **Name:** Penny Gable
- **Brokerage:** Century 21 Signature Real Estate
- **Phone:** 6413250010
- **Email:** penny@c21sre.com

## Primary Photo

![1221 Main Street - Primary Photo](http://lh.rdcpix.com/e1ae1a83170161e9a22aa29c85c29552l-f351113377r.jpg)

*2 total photos available on [listing page](https://www.propertysimple.com/listing/1221-main-street-grinnell-ia-50112-6338061)*

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**MLS#:** 6338061 | **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/1221-main-street-grinnell-ia-50112-6338061)

---

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