725 Spring St Grinnell, IA 50112
Estimated payment $7,730/month
Total Views
2,289
--
Bed
--
Bath
18,092
Sq Ft
$78
Price per Sq Ft
Highlights
- Forced Air Heating System
- Baseboard Heating
- 3-minute walk to Merrill Park
About This Home
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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $956
Year Built
- Built in 1900
Parking
- 7
Utilities
- Forced Air Heating System
- Baseboard Heating
Additional Features
- Basement Fills Entire Space Under The House
- Lot Dimensions are 73.75 x 60.00
Map
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
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 | $956 | $58,100 | $10,880 | $47,220 |
| 2023 | $930 | $58,100 | $10,880 | $47,220 |
| 2022 | $922 | $49,160 | $8,080 | $41,080 |
| 2021 | $922 | $46,370 | $7,620 | $38,750 |
| 2020 | $746 | $38,310 | $7,620 | $30,690 |
| 2019 | $756 | $38,310 | $7,620 | $30,690 |
| 2018 | $744 | $38,310 | $7,620 | $30,690 |
| 2017 | $760 | $38,310 | $7,620 | $30,690 |
| 2016 | $806 | $38,310 | $7,620 | $30,690 |
| 2015 | -- | $40,840 | $8,040 | $32,800 |
| 2014 | -- | $40,840 | $8,040 | $32,800 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/14/2025 08/14/25 | For Sale | $1,415,000 | -- | $78 / Sq Ft |
Source: NoCoast MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Interfamily Deed Transfer | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $30,000 | Credit Line Revolving | |
| Previous Owner | $30,000 | Credit Line Revolving | |
| Previous Owner | $78,000 | New Conventional |
Source: Public Records
Similar Home in Grinnell, IA
Source: NoCoast MLS
MLS Number: NOC6330821
APN: 180-0570300
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.
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.
Nearby Homes
- 827 Spring St
- 508 West St Unit 508B
- 921 Broad St Unit Y
- 401 Washington Ave
- 214 4th Ave W
- 1204 Reed St
- 1510 1st Ave
- 620 East St S
- 500 Industrial Ave
- 220 E 28th St N
- 1453 N 11th Ave E
- 500 E 17th St S
- 821 S 13th Ave E
- 510 N 6th Ave E
- 1800 W 4th St N
- 105 N 2nd Ave E
- 320 W 3rd St N
- 425 Mcclellan St
- 515 W 4th St
- 601 S Broadway St