# 717 & 721 4th Avenue, Grinnell, IA 50112

> **TL;DR:** commercial, $350,000, built 1900. Est. $1,872/mo. Listed 197 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $350,000 |
| Year Built | 1900 |
| Lot Size | 7,841 sqft (0.18 acres) |
| Property Type | Commercial (Other) |
| Status | Active |
| Days on Market | 197 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $1,770 |
| Estimated Insurance | $102 |
| **Total** | **$1,872** |

## Property Highlights

- Built in 1900
- 0.18 acre lot

## Description

### Agent Description
Investment Opportunity in the heart of downtown Grinnell - 717 4th Ave. & 721 4th Ave. These two downtown buildings are being offered as a package deal. 717 4th Ave. is a multifamily building with two apartments that are each 2 bedroom, 1 bathroom. Both apartments are occupied. 721 4th Ave. is a bar that is owner-occupied and currently operating as Rabbitt's Tavern. The bar fixtures will stay and a majority of the bar inventory is included in the sale. Bar Inventory List will be provided upon request. Call your local agent today to schedule a viewing!

## Location

- **Address:** 717 & 721 4th Avenue, Grinnell, IA 50112
- **County:** Poweshiek
- **Coordinates:** 41.743484, -92.726267
- **Google Maps:** https://www.google.com/maps?q=41.743484,-92.726267

## Listing Agent

- **Name:** Matthew Karjalahti
- **Brokerage:** RE/MAX Partners Realty, Marshalltown
- **Broker Phone:** 641-519-0200

## Photos

![717 & 721 4th Avenue - Photo 1](http://lh.rdcpix.com/4d60dd8d63dd3301f833f87122084d8cl-f954186658r.jpg)

![717 & 721 4th Avenue - Photo 2](http://lh.rdcpix.com/4d60dd8d63dd3301f833f87122084d8cl-f2852146334r.jpg)

![717 & 721 4th Avenue - Photo 3](http://lh.rdcpix.com/4d60dd8d63dd3301f833f87122084d8cl-f973061999r.jpg)

![717 & 721 4th Avenue - Photo 4](http://lh.rdcpix.com/4d60dd8d63dd3301f833f87122084d8cl-f3404187590r.jpg)

![717 & 721 4th Avenue - Photo 5](http://lh.rdcpix.com/4d60dd8d63dd3301f833f87122084d8cl-f3900372684r.jpg)

![717 & 721 4th Avenue - Photo 6](http://lh.rdcpix.com/4d60dd8d63dd3301f833f87122084d8cl-f2987986521r.jpg)

![717 & 721 4th Avenue - Photo 7](http://lh.rdcpix.com/4d60dd8d63dd3301f833f87122084d8cl-f389463008r.jpg)

![717 & 721 4th Avenue - Photo 8](http://lh.rdcpix.com/4d60dd8d63dd3301f833f87122084d8cl-f3451159641r.jpg)

![717 & 721 4th Avenue - Photo 9](http://lh.rdcpix.com/4d60dd8d63dd3301f833f87122084d8cl-f3825968124r.jpg)

![717 & 721 4th Avenue - Photo 10](http://lh.rdcpix.com/4d60dd8d63dd3301f833f87122084d8cl-f715491701r.jpg)

![717 & 721 4th Avenue - Photo 11](http://lh.rdcpix.com/4d60dd8d63dd3301f833f87122084d8cl-f2591991546r.jpg)

![717 & 721 4th Avenue - Photo 12](http://lh.rdcpix.com/4d60dd8d63dd3301f833f87122084d8cl-f1803328124r.jpg)

![717 & 721 4th Avenue - Photo 13](http://lh.rdcpix.com/4d60dd8d63dd3301f833f87122084d8cl-f2383596009r.jpg)

![717 & 721 4th Avenue - Photo 14](http://lh.rdcpix.com/4d60dd8d63dd3301f833f87122084d8cl-f4065325863r.jpg)

![717 & 721 4th Avenue - Photo 15](http://lh.rdcpix.com/4d60dd8d63dd3301f833f87122084d8cl-f2065679519r.jpg)

![717 & 721 4th Avenue - Photo 16](http://lh.rdcpix.com/4d60dd8d63dd3301f833f87122084d8cl-f637565339r.jpg)

![717 & 721 4th Avenue - Photo 17](http://lh.rdcpix.com/4d60dd8d63dd3301f833f87122084d8cl-f2978817003r.jpg)

![717 & 721 4th Avenue - Photo 18](http://lh.rdcpix.com/4d60dd8d63dd3301f833f87122084d8cl-f3693452673r.jpg)

---

**MLS#:** 6337423 | **Updated:** 2026-11-01
**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/717-721-4th-avenue-grinnell-ia-50112-8cadd88e7b4145bd9da8e91460b3659f)

---

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