1126 Broad St Grinnell, IA 50112
Estimated payment $1,226/month
Total Views
46,781
--
Bed
--
Bath
3,154
Sq Ft
$63
Price per Sq Ft
About This Home
Just YARDS, STEPS, LITERAL FEET, from Grinnell College, this spacious two-story duplex offers over 3,100 square feet of opportunity in a prime rental location. Originally built in 1882, the home blends vintage charm with versatile functionality, making it a great fit for investors or anyone looking to add value over time. One unit is currently leased, providing immediate income, while the second unit offers a flexible layout ready for your finishing touches. Hardwood floors run throughout much of the home, and there’s plenty of natural light and character to build on. With off-street parking and a history of strong rental demand, especially from the nearby college community, this property is a smart addition to your portfolio. Whether you’re looking to continue its use as a high-demand rental or re-imagine the space entirely, this property delivers on size, location, and potential. Call for your showing today!
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1882
Additional Features
- Basement Fills Entire Space Under The House
- Lot Dimensions are 75x165
- Forced Air Heating System
Community Details
- Gross Income $1,750
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $2,450 | $157,700 | $30,900 | $126,800 |
| 2024 | $2,424 | $147,230 | $34,760 | $112,470 |
| 2023 | $2,380 | $147,230 | $34,760 | $112,470 |
| 2022 | $2,358 | $125,810 | $28,660 | $97,150 |
| 2021 | $2,358 | $118,690 | $27,040 | $91,650 |
| 2020 | $1,738 | $89,390 | $27,040 | $62,350 |
| 2019 | $1,764 | $89,390 | $27,040 | $62,350 |
| 2018 | $1,734 | $89,390 | $27,040 | $62,350 |
| 2017 | $1,772 | $89,390 | $27,040 | $62,350 |
| 2016 | $1,582 | $89,390 | $27,040 | $62,350 |
| 2015 | -- | $80,160 | $26,150 | $54,010 |
| 2014 | -- | $80,160 | $26,150 | $54,010 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/01/2025 08/01/25 | For Sale | $199,000 | -- | $63 / Sq Ft |
Source: NoCoast MLS
About the Listing Agent
Matt Karjalahti, Broker and owner of RE/MAX Partners, got into real estate in sort of an unexpected way: He got angry.
After three poorly executed real estate transactions, a light-bulb went off. He could do better. He would do better. It was a call to action.
Matt Karjalahti is a highly respected real estate broker and the owner of RE/MAX Partners Realty, the leading brokerage in Poweshiek County. With over a decade of experience, Matt is known for his no-nonsense, results-driven
Matt's Other Listings
Source: NoCoast MLS
MLS Number: NOC6330372
APN: 180-0815900
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Based on information submitted to the MLS GRID
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