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About This Home
This 0-bedroom, 0-bathroom residential multi family at 1604 5th Avenue in Grinnell, IA is listed for $138,000 ($57 per sqft). Built in 1900, the home offers 2,435 sqft of living space on a 0.35 acres lot.
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.
Key Features
- Built in 1900
- 0.35 acre lot
- 2 stories
Property Details
Monthly Cost Estimate
$738/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1604 5th Avenue
Grinnell, IA 50112
Property Details
Construction
Heating
Questions & Answers
This 0-bedroom, 0-bathroom residential multi family at 1604 5th Avenue is listed at $138,000 ($57/sqft). The estimated monthly payment is $598 based on 20% down at 6.5% interest.
Key features include: Built in 1900, 0.35 acre lot, 2 stories.
This property is listed by Andy Erselius and can be reached at 6412262639 or andy@aerealtyinc.com.