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

> **TL;DR:** 2bd/1ba single family, $325,000 ($226/sqft), built 1973, 1,440 sqft.
> A/C. Est. $1,408/mo. Listed 21 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $325,000 |
| Price/sqft | $226 |
| Bedrooms | 2 |
| Bathrooms | 1 full |
| Square Feet | 1,440 |
| Year Built | 1973 |
| Lot Size | 14,854 sqft (0.34 acres) |
| Stories | 1 |
| Property Type | Single Family (Single Family Residence) |
| Status | For Sale |
| Days on Market | 21 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $1,408 |
| **Total** | **$1,408** |

## Key Amenities

- A/C

## Property Highlights

- Built in 1973
- 0.34 acre lot

## Description

### Agent Description
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.

## Location

- **Address:** 301 & 303 W 1st Street, Grimes, IA 50111
- **County:** Polk
- **Coordinates:** 41.688623, -93.797366
- **Google Maps:** https://www.google.com/maps?q=41.688623,-93.797366

## Listing Agent

- **Name:** Bo Cosens
- **Brokerage:** RE/MAX Precision
- **Phone:** (515) 223-9492
- **Email:** bo@precisiondsm.com

## Primary Photo

![301 & 303 W 1st Street - Primary Photo](http://lh.rdcpix.com/ad2a6d8f21974aa86b975a2839e0d4d2l-f1645193061r.jpg)

*15 total photos available on [listing page](https://www.propertysimple.com/listing/301-303-w-1st-street-grimes-ia-50111-a736678)*

---

**MLS#:** 736678 | **Updated:** 2026-04-24
**Source:** listhub

*Copyright © 2026 Des Moines Area Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/301-303-w-1st-street-grimes-ia-50111-a736678)

---

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