1629 Sunset Street, Grinnell, IA 50112

Local realty services provided by:Better Homes and Gardens Real Estate Innovations
1629 Sunset Street,Grinnell, IA 50112
$1,650,000
  • 43 Beds
  • 22 Baths
  • 10,038 sq. ft.
  • Multi-family
  • Active
Listed by:bennett wiltfang
Office:re/max partners realty
MLS#:705144
Source:IA_DMAAR

Price summary

  • Price:$1,650,000
  • Price per sq. ft.:$164.38

About this home

Calling all Investors - Rare opportunity to acquire an Apartment Portfolio in Grinnell, IA! The portfolio has 22 multifamily and 3 commercial units. Downtown Main Street is 1 mixed-use building with 8 residential units and 3 commercial units. There are (2) 1 bedroom, (5) 2 bedroom, and (1) 3 bedroom residential units. Additionally, there are 3 commercial suites on the main floor. Coin Laundry is owned and located in the common area. The building has 8 private parking spots for residential tenants. Sunset Apartments is 1 multi-family building with 14 residential units, and 8 garage units. The building is comprised of all 2 bedroom units. Coin Laundry is owned and located in the common area. There are approximately 24 private parking spots for tenants. Offering Memorandum available upon request. Letter of Intent must be submitted prior to any showing.

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Home facts

  • Year built:1989
  • Listing Id #:705144
  • Added:315 day(s) ago
  • Updated:August 06, 2025 at 02:54 PM

Rooms and interior

  • Bedrooms:43
  • Total bathrooms:22
  • Full bathrooms:22
  • Living area:10,038 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Baseboard, Electric, Forced Air, Gas, Heat Pump, Natural Gas

Structure and exterior

  • Roof:Asphalt, Rubber, Shingle
  • Year built:1989
  • Building area:10,038 sq. ft.
  • Lot area:0.76 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,650,000
  • Price per sq. ft.:$164.38
  • Tax amount:$22,076 (2023)