725 Spring St Grinnell, IA 50112
Grinnell AreaEstimated payment $7,791/month
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
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
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $966 | $57,110 | $10,880 | $46,230 |
| 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 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/14/2025 08/14/25 | For Sale | $1,415,000 | -- | $78 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Interfamily Deed Transfer | -- | None Available |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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: NoCoast MLS
MLS Number: NOC6330821
APN: 180-0570300
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Listings courtesy of NoCoast MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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Ask me questions while you tour the home.