$850,000

937 Broad St Grinnell, IA 50112

Estimated payment $5,308/month

Total Views 2,196
-- Bed
-- Bath
6,280 Sq Ft
$135 Price per Sq Ft

About This Home

Take a look at this beautiful three-story historic building, located in downtown Grinnell Iowa! Locally known as The Cornerstone building, this nine-unit investment property offers a unique mix of historical charm and modern conveniences. It is conveniently located in the heart of the downtown business district, within walking distance of retail and service shops, grocery stores, parks, restaurants and entertainment options, including The Strand movie theater. Close to Grinnell College campus, making this building a great option for students and faculty staff members. The nine units are made up of a variety of efficiency, studio, one-bedroom and two-bedroom options. Two of the units have private entrances and a top floor unit has a balcony overlooking Broad Street. The laundry room and a utility/storage room are conveniently located in the lower level. Additional information is available upon request, inquire today!

Listing Agent

Dedee Lehman

All In Real Estate Inc Listed on: 07/30/2025

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1914

Home Design

  • Brick Exterior Construction

Unfinished Basement

  • Basement Storage

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Boiler Heating System

Community Details

  • Gross Income $93,249

Property Details

Home Type

Condominium

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Property Sub Type: Apartment
  • Year Built: 1914
  • Property Type: Residential Income
  • Co List Office Mls Id: NOC335000249
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Basement: Partially Finished, Unfinished, Storage Space, Owner Access
  • Fireplace: No

Exterior Features

  • Construction Type: Brick

Utilities

  • Heating: Baseboard, Hot Water, Boiler
  • Sewer: City Sewer/Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association Name: MIR

Fee Information

  • Annual Fuel Expense: 1
  • Trash Expense: 1
  • Annual Water Sewer Expense: 1

Lot Info

  • Lot Dimensions: 24X90
  • Lot Size Units: Acres
  • Lot Size Sq Ft: 2178

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 5994

Multi Family

  • Number Of Units Total: 9
  • Electric Expense: 8590
  • Maintenance Expense: 9415
  • Annual Operating Expense: 32630

Map

Range of Values:

Collateral Analytics

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ICE

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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
07/30/2025 07/30/25 For Sale $850,000 -- $135 / Sq Ft
Source: NoCoast MLS

Source: NoCoast MLS

MLS Number: NOC6331556

NoCoast MLS
Iowa Poweshiek County Grinnell 50112

937 Broad St, Grinnell, IA

This home is located at 937 Broad St, Grinnell, IA 50112 and is currently priced at $850,000, approximately $135 per square foot. This property was built in 1914. 937 Broad St is a home located in Poweshiek County with nearby schools including Grinnell Community Senior High School and Central Iowa Christian School.

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Information is deemed reliable but not guaranteed.

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Listing Agent
Dedee Lehman
Section Image
All In Real Estate Inc
(641) 324-7147