929 – 931 Spring Street

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Address: 931 Spring St, Grinnell, IA 50112, USA
Chicago & Midwest + 2-4 Units
Created date: August 27, 2026
Date last updated: September 17, 2026
Price: $159,900Investment Analyzer NEW!

Property Description

Welcome to an prime investment opportunity featuring strong occupancy history and extensive recent capital improvements, situated just two blocks from downtown and the hospital. This meticulously maintained duplex generates $19,800.00 in annual gross rents, making it an ideal asset for both seasoned investors and buyers looking to owner occupy. The property consists of two distinct residential units, including a comfortable two bedroom layout as well as a second unit offering two bedrooms plus a versatile bonus room that works perfectly as an office, nursery, or extra living space. Essential updates have already been completed, giving the next owner true peace of mind. Capitalizing on recent high value renovations, the property features a newer roof, siding, and concrete sidewalk. Beyond the main structure, the lot includes a two car detached garage with convenient alley access, providing highly desirable off street parking or extra storage. Prime central location; this asset provides occupancy, reduced near term maintenance expenses. and strong appeal driven by its walkability to major employers, dining, downtown Grinnell and Unity Point Medical Center. Schedule your private showing today to add this income generating property to your portfolio.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: 2-4 Units
Price: $159,900
No. of Units: 2
Year Built: 1900
Lot Size: 1,541.00 Sq ft
Opportunity Zone: No
Price per unit: $79,950
Property Website Click Here
Number of Bedrooms: 0
Number of Bathrooms: 0
Address: 929 - 931 Spring Street, Grinnell, IA 50112, USA
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