Home For Sale In Grinnell, Iowa

house for sale

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Listed: 03/02/24

809 5th Ave, Grinnell, Iowa, 50112

1 Bed:

1 Bath:

4,200 Sq Ft Living Area:

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Price

$ 265,000

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About This House

Outstanding investment opportunity within the same block as the college's new downtown residence hall (Renfrow Hall) and the yet to be built apartment complex on Main Street adjacent to McNallys Food. Two income streams: the street front portion is commercially rented as office space featuring 7 private offices, a handicap accessible bathroom, waiting area and a reception area. The back space is a one-bedroom apartment with off street parking at the entrance to the apartment. Both spaces were built new in 2018. The front commercial space includes forced air heat and central air conditioning. The back apartment is heated and cooled with a mini split system. The rubber roof was replaced new in 2023. Both spaces are leased through fall of 2024.

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Original listing

Grinnell Housing & Living

Household Income

Median household income: $44,525

Number of households: 3,577

The average household income in Grinnell, IA declined from $45,948 to $44,525 in the past year. This data is an estimate based upon 3,577 households in Grinnell, IA.
The chart below presents how household income is distributed in Grinnell, IA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $2k-$3k

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Grinnell, IA compared to median property taxes around the country. The prevalent amount of property taxes in Grinnell, IA equals $2k-$3k , which is less than the national average.