1604 5th Ave Grinnell, IA 50112
Estimated payment $896/month
About This Home
Come see this large tri-plex income property, located just six blocks from Grinnell College. Nestled in a residential area, the home consists of rental units in the lower level, main floor and the second story. The top floor unit provides three bedrooms, the main level has two bedrooms and the lower level has one bedroom. Tenants appreciate having a nice front deck and a very large backyard. The large parking area allows all tenants to park off the street, right next to the home. Interior photos not available, all three units are rented. Call today to schedule a tour of this property!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,930
Year Built
- Built in 1900
Additional Features
- Lot Dimensions are 90.00 x 170.10
- Forced Air Heating System
Map
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 |
|---|---|---|---|---|
| 2024 | $1,930 | $117,200 | $24,340 | $92,860 |
| 2023 | $2,054 | $117,200 | $24,340 | $92,860 |
| 2022 | $2,398 | $108,650 | $24,450 | $84,200 |
| 2021 | $2,398 | $108,650 | $24,450 | $84,200 |
| 2020 | $2,406 | $95,600 | $22,230 | $73,370 |
| 2019 | $2,312 | $95,600 | $22,230 | $73,370 |
| 2018 | $1,564 | $88,930 | $22,230 | $66,700 |
| 2017 | $1,596 | $80,560 | $22,230 | $58,330 |
| 2016 | $1,454 | $80,560 | $22,230 | $58,330 |
| 2015 | -- | $73,590 | $23,050 | $50,540 |
| 2014 | -- | $73,590 | $23,050 | $50,540 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/24/2025 07/24/25 | Price Changed | $138,000 | -7.7% | $57 / Sq Ft |
| 04/14/2025 04/14/25 | Price Changed | $149,500 | -9.3% | $61 / Sq Ft |
| 03/18/2025 03/18/25 | For Sale | $164,900 | -- | $68 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $125,000 | None Listed On Document | |
| Warranty Deed | $110,000 | None Listed On Document | |
| Quit Claim Deed | -- | None Listed On Document |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $100,000 | New Conventional | |
| Previous Owner | $88,000 | New Conventional | |
| Previous Owner | $91,220 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $90,024 | Unknown |
Source: NoCoast MLS
MLS Number: NOC6325774
APN: 180-0473500
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