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About This Home
This 2-bedroom, 1-bathroom single family at 301 & 303 W 1st Street in Grimes, IA is listed for $325,000 ($226 per sqft). Built in 1973, the home offers 1,440 sqft of living space on a 0.34 acres lot.
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.
Key Features
- Built in 1973
- 0.34 acre lot
Property Details
Amenities
Monthly Cost Estimate
$1,738/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
301 & 303 W 1st Street
Grimes, IA 50111
Property Details
Construction
Parking
Heating
Cooling
Appliances
Questions & Answers
This 2-bedroom, 1-bathroom single family at 301 & 303 W 1st Street is listed at $325,000 ($226/sqft). The estimated monthly payment is $1,408 based on 20% down at 6.5% interest.
Key features include: Built in 1973, 0.34 acre lot.
This property is listed by Bo Cosens and can be reached at (515) 223-9492 or bo@precisiondsm.com.
