# 725 Spring Street, Grinnell, IA 50112

> **TL;DR:** residential multi family, $1,415,000 ($78/sqft), built 1900, 18,092 sqft. Est. $6,132/mo. Listed 291 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,415,000 |
| Price/sqft | $78 |
| Square Feet | 18,092 |
| Year Built | 1900 |
| Lot Size | 139,392 sqft (3.20 acres) |
| Stories | 2 |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 291 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $6,132 |
| **Total** | **$6,132** |

## Property Highlights

- Built in 1900
- 3.20 acre lot
- 2 stories

## Description

### 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.

## Location

- **Address:** 725 Spring Street, Grinnell, IA 50112
- **County:** Poweshiek
- **Coordinates:** 41.741309, -92.729118
- **Google Maps:** https://www.google.com/maps?q=41.741309,-92.729118

## Listing Agent

- **Name:** Bennett Wiltfang
- **Brokerage:** RE/MAX Partners Realty, Grinnell
- **Phone:** 641-519-0200
- **Email:** bennett@remaxcentralia.com

## Primary Photo

![725 Spring Street - Primary Photo](http://lh.rdcpix.com/cf7a22b415fde5f5541b35ff09156ca3l-f3872357774r.jpg)

*13 total photos available on [listing page](https://www.propertysimple.com/listing/725-spring-street-grinnell-ia-50112-6330821)*

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**MLS#:** 6330821 | **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/725-spring-street-grinnell-ia-50112-6330821)

---

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