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301 & 303 W 1st Street, Grimes, IA 50111

Grimes
Local realty services provided by:CENTURY 21 Signature Real Estate
301 & 303 W 1st Street,Grimes, IA 50111
$315,000
  • 2 Beds
  • 1 Baths
  • 1,440 sq. ft.
  • Single family
  • Active
Listed by: bo cosens
Office: re/max precision
MLS#:736678
Source:IA_DMAAR

Price summary

  • Price:$315,000
  • Price per sq. ft.:$218.75

About this home

Great investment opportunity in the growing community of Grimes! Well-maintained duplex with long-term tenants already in place, offering immediate and reliable income potential. Each unit features 3 bedrooms, 1 bath, comfortable living space, and strong rental appeal. The attached 2-car garage is split by a divider wall, giving each unit its own private garage space and entrance. Recent updates include a new high-impact roof in 2025 and updated HVAC in one unit within the last five years. Conveniently located just minutes from the city splash pad, shopping, dining, and everyday amenities, this property is well-positioned for both steady cash flow and future appreciation. All information obtained from seller and public record.

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Home facts

  • Year built:1973
  • Listing ID #:736678
  • Added:60 day(s) ago
  • Updated:May 20, 2026 at 03:05 PM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:1
  • Full bathrooms:1
  • Kitchen Description:Dishwasher, Microwave, Refrigerator, Stove
  • Basement:Yes
  • Basement Description:Partially Finished
  • Living area:1,440 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Forced Air, Gas, Natural Gas
  • Central air:Yes

Structure and exterior

  • Roof:Asphalt, Shingle
  • Year built:1973
  • Building area:1,440 sq. ft.
  • Lot area:0.34 Acres
  • Architectural Style:Ranch
  • Construction Materials:Vinyl Siding

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$315,000
  • Price per sq. ft.:$218.75
  • Tax amount:$4,893

Features and amenities

  • Appliances:Dishwasher, Microwave, Refrigerator, Stove

Parking

  • Parking description:Detached, Garage, Two Car Garage
  • Garage:Yes
  • Garage spaces:2

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