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1629 Sunset Street

Grinnell, IA 50112
  • $1,650,000
  • STATUS: Active
  • ON SITE: 134 Days
  • MLS #: 705144
UPDATED: 40 min ago
$1,650,000
  • 43
    BEDS
  • 0.76
    ACRES
  • 22
    BATHS
  • 0
    1/2 BATHS
  • 10,038
    SQFT
  • $164
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1989
County:
Area:

School Ratings & Info

School District:

Description

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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© 2025 Des Moines Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or Better Homes and Gardens Real Estate Innovations. Data last updated: 2025-02-14T12:22:56.03.
www.searchcentraliowahomes.com/homes/156244747
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1629 Sunset Street Grinnell, IA 50112

  • Price: $1,650,000
  • Status: Active
  • On Site: 134 Days
  • Updated: 40 min ago
  • MLS #: 705144
43
Beds
22
Baths
0
½ Baths
0.76
Acres
10,038
SQFT
$164
$/SQFT
1989
Built
Neighborhood:
Grinnell
County:
Poweshiek
Area:
Grinnell
School District:
Grinnellnewburg
Property Description
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.
Exterior Features

Attached Garage YN No Construction Materials Brick Vinyl Siding Foundation Details Block Brick / Mortar Garage YN Yes Parking Features Detached Garage Road Surface Type Concrete Roof Asphalt Rubber Shingle

Interior Features

Basement Finished Basement YN Yes Below Grade Finished Area 4083 Cooling Central Air Cooling YN Yes Heating Baseboard Electric Forced Air Gas Heat Pump Natural Gas Heating YN Yes

Property Features

Home Warranty YN No Lease Considered YN No Listing Terms Cash Conventional Lot Features Rectangular Lot Lot Size Dimensions 246 x 134.50 Property Sub Type Apartment Sewer Public Sewer Structure Type Apartment Multi Family Tax Annual Amount 22076 Tax Year 2023 Water Source Public Zoning R C

Listing provided courtesy of RE/MAX Partners Realty: (641) 236-6683. © 2025 Des Moines Multiple Listing Service.
© 2025 Des Moines Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or Better Homes and Gardens Real Estate Innovations. Data last updated: 2025-02-14T12:22:56.03.
 
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