903 East Street, Grinnell, IA 50112
Poweshiek County
Key Facts
Description
This exceptional investment property is appealing to a range of buyers, ideally situated just two blocks from downtown Grinnell and Grinnell College. Located at 903 East Street, the upstairs apartment features three bedrooms and one bathroom, complete with a full kitchen, living area, and in-unit washer/dryer. The current lease grants the upstairs tenant access to a detached one-car garage. Meanwhile, 1221 4th Avenue offers a first-floor apartment that can be configured as one or two bedrooms, also with a full kitchen, living space, bathroom, and washer/dryer for tenant convenience. This unit has its own separate entrance from 4th Avenue and includes a three-season porch on the south side of the property. Both the first and second-floor apartments underwent renovations in 2014, with a comprehensive electrical upgrade completed in 2015, which included the addition of a second electrical box for the upstairs unit. In 2015, all water lines within the property were replaced, and a new curb stop water shut-off was installed. The roof and gutters were newly replaced in 2023. For current lease details, please reach out. Schedule your tour today!
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Structure Type
Multi Family
Year Built
1900
Living Area
2,226 sq ft
Lot Size
0.18 acres
Garage Spaces
1
Zoning
R
MLS® Listing#
744332
Property Features
Interior
Appliances
Cooling
Heating
Flooring
Basement
Parking
Laundry
Patio
Lot Features
Construction
Foundation
Roof
Security
Community
Sewer
Water Source
Financial Details
HOA
None
Annual Taxes
$2,784
Parcel Number
1800634300
Directions
From 6th Ave, turn South on East St. Travel to corner of 4th Ave and East St. Destination on Northwest corner.
Affordability Calculator
$31,400
Estimated monthly payment
$836/mo
Principal $125,600 · Est. interest $175,223 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Grinnell, IA
- $255,263
- Median Listing Price
- 54
- Median Days on Market
- 1,787
- Median Sq Ft
- $136
- Median Price / Sq Ft
- 67
- Active Listings
- This home’s price is 38% below the area median.
- Its price per sq ft is 48% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Grinnell, IA.
Location
Getting Around
Points of Interest in Grinnell, IA
Showing the Grinnell area map.
Nearby Schools
Ucc Community Preschool
School · 0.3 mi away
Fairview Elementary
Elementary · 0.5 mi away
Davis Elementary School
Elementary · 0.6 mi away
Diamond Trail Children's Center
School · 0.7 mi away
Bailey Park Elementary School
Elementary · 0.9 mi away
Grinnell Middle School
Secondary · 0.9 mi away
Grinnell Community Senior High School
Secondary · 1.2 mi away
Central Iowa Christian School
School · 1.6 mi away
East Marshall Middle School
Secondary · 9.9 mi away
Lynnville-Sully CSD
School · 12.9 mi away
Lynnville-Sully High School
Secondary · 13.2 mi away
BGM Community School
Secondary · 14.0 mi away
East Marshall Elementary School
Elementary · 14.1 mi away
Montezuma High School
Secondary · 14.6 mi away
Aurora Heights Elementary School
Elementary · 16.1 mi away
Berg Middle School
Secondary · 16.1 mi away
Newton Christian School
School · 16.3 mi away
Emerson Hough Elementary School
Elementary · 17.1 mi away
South Tama County Elementary School
Elementary · 17.3 mi away
Newton Senior High School
Secondary · 17.5 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 723 East Street, Grinnell, IA | $115,000 | 4 | 1 | 1,844 |
| 821 8th Street, Grinnell, IA | $149,900 | 4 | 3 | 2,779 |
| 821 8th Avenue, Grinnell, IA | $149,900 | 4 | 3 | 2,779 |
| 416 Spring Street, Grinnell, IA | $174,500 | 4 | 2 | 866 |
| 1132 Elm Street, Grinnell, IA | $179,000 | 4 | 2 | 1,749 |
| 1132 Elm Street, Grinnell, IA | $179,000 | 4 | 2 | 1,749 |
Moving Cost Estimate
EXIT Agents in Grinnell
Listing Courtesy: Ramsey Weeks Real Estate - (641) 236-3141