# 1604 5th Avenue, Grinnell, IA 50112

> **TL;DR:** multi-family, $129,500 ($53/sqft), built 1900, 2,435 sqft. Est. $693/mo. Listed 203 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $129,500 |
| Price/sqft | $53 |
| Square Feet | 2,435 |
| Year Built | 1900 |
| Lot Size | 15,246 sqft (0.35 acres) |
| Stories | 2 |
| Property Type | Multi-Family (Triplex) |
| Status | Active |
| Days on Market | 203 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $655 |
| Estimated Insurance | $38 |
| **Total** | **$693** |

## Property Highlights

- Built in 1900
- 0.35 acre lot
- 2 stories

## Description

### Agent Description
Seller offering $5,000 credit towards rate buy down, closing costs or possible updates. Large tri-plex located just seven blocks from downtown Grinnell and Grinnell College makes this investment property is a great opportunity for new or seasoned investors. Currently vacant for the next owner to choose tenants. The most recent (2025) monthly rents were $1,000 (main floor 2 bed/1 bath, $950 (upper 3 bed/1 bath), and $825 (lower level 1 bed/1bath). Each level is it's own unit. There is off street parking available and a large lot present space to build a garage. Upper unit has no photos yet. Call today to schedule a private showing.

## Location

- **Address:** 1604 5th Avenue, Grinnell, IA 50112
- **County:** Poweshiek
- **Coordinates:** 41.744456, -92.71278
- **Google Maps:** https://www.google.com/maps?q=41.744456,-92.71278

## Listing Agent

- **Name:** Andy Erselius
- **Brokerage:** Andrew Erselius
- **Broker Phone:** (641) 623-2639
- **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/1604-5th-Ave_Grinnell_IA_50112_M83708-26355?f=listhub&s=NCMLSIA&m=6337170&c=propsimple)

## Photos

![1604 5th Avenue - Photo 1](http://lh.rdcpix.com/c5923cc763d9d62e32115fcf12cfb8c6l-f858782702r.jpg)

![1604 5th Avenue - Photo 2](http://lh.rdcpix.com/c5923cc763d9d62e32115fcf12cfb8c6l-f2177802269r.jpg)

![1604 5th Avenue - Photo 3](http://lh.rdcpix.com/c5923cc763d9d62e32115fcf12cfb8c6l-f979372456r.jpg)

![1604 5th Avenue - Photo 4](http://lh.rdcpix.com/c5923cc763d9d62e32115fcf12cfb8c6l-f1811851028r.jpg)

![1604 5th Avenue - Photo 5](http://lh.rdcpix.com/c5923cc763d9d62e32115fcf12cfb8c6l-f298704527r.jpg)

![1604 5th Avenue - Photo 6](http://lh.rdcpix.com/c5923cc763d9d62e32115fcf12cfb8c6l-f1810292297r.jpg)

![1604 5th Avenue - Photo 7](http://lh.rdcpix.com/c5923cc763d9d62e32115fcf12cfb8c6l-f77590584r.jpg)

![1604 5th Avenue - Photo 8](http://lh.rdcpix.com/c5923cc763d9d62e32115fcf12cfb8c6l-f2434467797r.jpg)

![1604 5th Avenue - Photo 9](http://lh.rdcpix.com/c5923cc763d9d62e32115fcf12cfb8c6l-f2188613936r.jpg)

![1604 5th Avenue - Photo 10](http://lh.rdcpix.com/c5923cc763d9d62e32115fcf12cfb8c6l-f3392170502r.jpg)

![1604 5th Avenue - Photo 11](http://lh.rdcpix.com/c5923cc763d9d62e32115fcf12cfb8c6l-f1446724667r.jpg)

![1604 5th Avenue - Photo 12](http://lh.rdcpix.com/c5923cc763d9d62e32115fcf12cfb8c6l-f813870632r.jpg)

![1604 5th Avenue - Photo 13](http://lh.rdcpix.com/c5923cc763d9d62e32115fcf12cfb8c6l-f2257000133r.jpg)

![1604 5th Avenue - Photo 14](http://lh.rdcpix.com/c5923cc763d9d62e32115fcf12cfb8c6l-f2399360794r.jpg)

![1604 5th Avenue - Photo 15](http://lh.rdcpix.com/c5923cc763d9d62e32115fcf12cfb8c6l-f1858356558r.jpg)

![1604 5th Avenue - Photo 16](http://lh.rdcpix.com/c5923cc763d9d62e32115fcf12cfb8c6l-f285108205r.jpg)

![1604 5th Avenue - Photo 17](http://lh.rdcpix.com/c5923cc763d9d62e32115fcf12cfb8c6l-f3425300926r.jpg)

![1604 5th Avenue - Photo 18](http://lh.rdcpix.com/c5923cc763d9d62e32115fcf12cfb8c6l-f2681723797r.jpg)

![1604 5th Avenue - Photo 19](http://lh.rdcpix.com/c5923cc763d9d62e32115fcf12cfb8c6l-f3537081374r.jpg)

![1604 5th Avenue - Photo 20](http://lh.rdcpix.com/c5923cc763d9d62e32115fcf12cfb8c6l-f1754989614r.jpg)

![1604 5th Avenue - Photo 21](http://lh.rdcpix.com/c5923cc763d9d62e32115fcf12cfb8c6l-f4166970009r.jpg)

![1604 5th Avenue - Photo 22](http://lh.rdcpix.com/c5923cc763d9d62e32115fcf12cfb8c6l-f3542842985r.jpg)

![1604 5th Avenue - Photo 23](http://lh.rdcpix.com/c5923cc763d9d62e32115fcf12cfb8c6l-f1640055574r.jpg)

![1604 5th Avenue - Photo 24](http://lh.rdcpix.com/c5923cc763d9d62e32115fcf12cfb8c6l-f2458540094r.jpg)

![1604 5th Avenue - Photo 25](http://lh.rdcpix.com/c5923cc763d9d62e32115fcf12cfb8c6l-f2083074229r.jpg)

![1604 5th Avenue - Photo 26](http://lh.rdcpix.com/c5923cc763d9d62e32115fcf12cfb8c6l-f3381581399r.jpg)

![1604 5th Avenue - Photo 27](http://lh.rdcpix.com/c5923cc763d9d62e32115fcf12cfb8c6l-f976956646r.jpg)

![1604 5th Avenue - Photo 28](http://lh.rdcpix.com/c5923cc763d9d62e32115fcf12cfb8c6l-f721399335r.jpg)

![1604 5th Avenue - Photo 29](http://lh.rdcpix.com/c5923cc763d9d62e32115fcf12cfb8c6l-f201060793r.jpg)

![1604 5th Avenue - Photo 30](http://lh.rdcpix.com/c5923cc763d9d62e32115fcf12cfb8c6l-f163912472r.jpg)

---

**MLS#:** 6337170 | **Updated:** 2026-10-29
**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.ai/listing/1604-5th-avenue-grinnell-ia-50112-38f3fe7ae64d4f4584832603f495e9a4)

---

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