Map
Link Copied
Listed price in listed location currency (USD).
$159,900

000

MLS® 6334741

  • Key Facts
  • Description
  • Map

Key Facts

Type Duplex
Levels Residential Income
Size 1584 sqft
Garage No
Taxes $1,578
Days Active 2
Lot Size 0.19 acres
Approx. Age 1900
Avg. Price Per Sqft $100
MLS® Number 6334741

Property Address: 1031 Elm St, Grinnell, IA, 50112-1775

Average square foot calculated using Size range provided by listing agent.

Description

Welcome to your next income-producing opportunity in the heart of Grinnell. This well-located up/down duplex sits directly across the street from Grinnell College and just steps from downtown—an ideal setting for consistent rental demand. Each unit offers 2 bedrooms and 1 bathroom with a private exterior entrance, providing privacy and tenant appeal. Both units feature spacious kitchens and comfortable living areas, while the basement includes laundry access for the main-floor unit. The property is currently tenant-occupied, delivering immediate cash flow. Utilities are efficiently structured with a single gas furnace serving both units, window A/C, and electric sub-metered to tenants. The landlord covers gas and water, while tenants pay electric. With a proven rental location, strong proximity to major employers and amenities, and solid unit layouts, this duplex presents a compelling investment for both new and seasoned investors. 72-hour notice required for all showings. Contact your local agent today to schedule a showing and add this well-positioned asset to your portfolio.
MLS® Number6334741
Laundry Level
Central VacNo
FireplaceNo
Acreage0.19
Exterior
GarageNo
Approx. Age1900
BasementFull
Driveway
Garage Spaces0
Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Jan 11, 2026List Date
$159,900List Price
  • Commute

Commute

Starting Address
Destination Address
1031 Elm St, Grinnell, IA

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment
Loading...

Comparable Properties