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  • $1,415,000

    725 Spring St, Grinnell, IA 50112

    --beds
    0baths
    18,092sqft
    : 
    Multi Family
    Built in 1900
    -- sqft lot
    $-- Zestimate®
    $78/sqft
    $-- HOA

    What's special

    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.
    3 days
    on Zillow
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    Zillow last checked: 7 hours ago

    Listing updated: August 16, 2025 at 06:01pm

    Listed by:

    Bennett Wiltfang 641-236-6683,

    RE/MAX Partners Realty, Grinnell,

    Harley Gilbert 319-550-7519,

    RE/MAX Partners Realty, Grinnell

    Source: NoCoast MLS,MLS#: 6330821MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 725 Spring St.

    Next available tour time:Today at 6:30pm

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Baseboard, Forced Air
    Features
    • Basement: Full
    • Has fireplace: No
    Interior area
    • Total interior livable area: 18,092 sqft

    Property

    Parking
    • Total spaces: 7
    • Parking features: Garage
    • Garage spaces: 7
    Accessibility
    • Accessibility features: None
    Features
    • Stories: 2
    Lot
    • Size: 3.2 Acres
    • Dimensions: 73.75 x 60.00
    Details
    • Parcel number: 0570300 ; 0725000;0725100

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Other
    • Property subtype: Multi Family
    Materials
    • Metal Siding, Vinyl Siding, Wood Siding
    Condition
    • Year built: 1900

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    HOA
    • Has HOA: No
    • HOA name: MIR
    Location
    • Region: Grinnell

    Financial & listing details

    • Price per square foot: $78/sqft
    • Annual tax amount: $15,184
    • Date on market: 8/14/2025
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