Curious about this home?

Ask anything — no agents, no pressure

Try asking

About This Home

This 0-bedroom, 0-bathroom residential multi family at 725 Spring Street in Grinnell, IA is listed for $1,415,000 ($78 per sqft). Built in 1900, the home offers 18,092 sqft of living space on a 3.20 acres lot.

Agent Description

Excellent investment opportunity in Grinnell, Iowa-this portfolio of 12 rental homes offers consistent rental income, strong occupancy, and solid growth potential. Located in established neighborhoods near schools, parks, and downtown, these properties are ideal for investors looking to expand or start a rental portfolio.

The following Poweshiek County Parcels are included in the sale: 0725000; 0725100; 3211300; 0723300; 0763000; 0613700; 0766300; 0653800; 0570300; 0757100; 0808600; 0647600. A Letter of Intent must be submitted and accepted prior to any showings being scheduled. Don't miss your chance to secure an income-producing asset in a great community-schedule a tour today.

Key Features

  • Built in 1900
  • 3.20 acre lot
  • 2 stories

Property Details

2 stories
1900

Monthly Cost Estimate

$7,568/mo

20% down · 6.5% · 30 years

Principal$1,023
Interest$6,132
Insurance$413

Estimates only. Actual payments may vary.

Location

725 Spring Street

Grinnell, IA 50112

Property Details

Construction

Metal Siding Vinyl Siding Wood Siding

Heating

Forced AirBaseboard

Questions & Answers

This 0-bedroom, 0-bathroom residential multi family at 725 Spring Street is listed at $1,415,000 ($78/sqft). The estimated monthly payment is $6,132 based on 20% down at 6.5% interest.

Key features include: Built in 1900, 3.20 acre lot, 2 stories.

This property is listed by Bennett Wiltfang and can be reached at 641-519-0200 or bennett@remaxcentralia.com.

BW

Bennett Wiltfang

Agent at RE/MAX Partners Realty, Grinnell

(641) 519-0200

Listed by RE/MAX Partners Realty, Grinnell · View on Broker Site

MLS# 6330821· Source: listhub· Updated 291 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.

725 Spring Street, Grinnell, IA 50112

Open this listing in: