$875,000
$25K PRICE INCREASE

1629 Sunset St Grinnell, IA 50112

Estimated payment $5,687/month

Total Views 601
-- Bed
14 Baths
10,038 Sq Ft
$87 Price per Sq Ft

Highlights

  • 14 Kitchens
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

Investment Opportunity – Sunset Apartments, Grinnell, IA. Welcome to Sunset Apartments, a well-maintained multifamily investment property located on the northwest side of Grinnell, just north of Grinnell High School. This property features one multi-family building consisting of 14 two-bedroom residential units and 10 garage units. Each apartment is individually sub-metered for utilities, with all utilities tenant-paid, ensuring efficient management and predictable expenses. Additional income is generated through an on-site, owner-operated coin laundry conveniently located in the common area. The property also offers approximately 24 private parking spaces for tenants. Offering Memorandum available upon request. A Letter of Intent must be submitted and accepted by the Seller prior to scheduling any property tours.

Listing Agent

Bennett Wiltfang

RE/MAX Partners Realty Listed on: 10/27/2025

RE/MAX Partners Realty

Co-Listing Agent

Matt Karjalahti

RE/MAX Partners Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,024

Year Built

  • Built in 1989

Lot Details

  • 0.76 Acre Lot
  • Lot Dimensions are 246.00 x 134.50

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • 14 Full Bathrooms
  • 10,038 Sq Ft Home
  • 2-Story Property
  • 14 Kitchens

Parking

  • 4 Car Detached Garage
  • Driveway

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • 14 Units

Listing and Financial Details

  • Assessor Parcel Number 1803259900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,024

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Two Story
  • Lp Amt Sq Ft: 87.17
  • Year Built: 1989
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Refrigerators: 14
  • Stoves Total: 14
  • Total Bathrooms: 14.00
  • Full Bathrooms: 14
  • Second Floor Full Bathrooms: 14
  • Kitchens: 14
  • Living Area Sq Ft: 10038
  • Total Sq Ft: 10038

Exterior Features

  • Exterior: Brick
  • Foundation: Concrete Block
  • Roof: Asphalt Shingle
  • Street Feature: Concrete

Garage/Parking

  • Driveway: Concrete
  • Garage: 4+ Detached
  • Off Street Parking: Yes

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Central
  • Heat: Gas Forced Air

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Acres: 0.7596
  • Lot S F: 33087
  • Lot Shape: Regular
  • Lot Size: 246.00 x 134.50
  • Assessor Parcel Number: 1803259900
  • Zoning: M

Rental Info

  • Deposit: Yes
  • Landlord Tenant Utilities: Building Insurance Owner, Electric Tenant, Gas Tenant, Taxes Owner, Water Tenant

Tax Info

  • Gross Taxes: 13024.00
  • Net Taxes: 13024.00
  • Tax Year: 2024

Multi Family

  • Total Units: 14

MLS Schools

  • School District: GrinnellNewburg

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/02/2025 11/02/25 Price Changed $875,000 +2.9% $87 / Sq Ft
10/27/2025 10/27/25 For Sale $850,000 -- $85 / Sq Ft
Source: Des Moines Area Association of REALTORS®

Source: Des Moines Area Association of REALTORS®

MLS Number: 729235

Des Moines Area Association of REALTORS®
Iowa Poweshiek County Grinnell 50112

1629 Sunset St, Grinnell, IA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Des Moines Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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Bennett Wiltfang
Listing Agent
Bennett Wiltfang
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RE/MAX Partners Realty
(641) 335-4605