# 929 - 931 Spring Street, Grinnell, IA 50112 > **TL;DR:** multi-family, $139,900 ($91/sqft), built 1900, 1,541 sqft. > 2-car garage. Est. $748/mo. Listed 68 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $139,900 | | Price/sqft | $91 | | Square Feet | 1,541 | | Year Built | 1900 | | Lot Size | 7,405 sqft (0.17 acres) | | Stories | 2 | | Garage | 2-car | | Property Type | Multi-Family (Duplex) | | Status | Active | | Days on Market | 68 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $707 | | Estimated Insurance | $41 | | **Total** | **$748** | ## Key Amenities - 2-car garage ## Property Highlights - Built in 1900 - 0.17 acre lot - 2 stories ## Description ### Agent 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 can generate up to $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. ## Location - **Address:** 929 - 931 Spring Street, Grinnell, IA 50112 - **County:** Poweshiek - **Coordinates:** 41.744403, -92.729175 - **Google Maps:** https://www.google.com/maps?q=41.744403,-92.729175 ## Virtual Tour & Media - **Video Tour:** https://my.matterport.com/show/?m=f2cGhTBQg3Z ## Listing Agent - **Name:** Matthew Karjalahti - **Brokerage:** RE/MAX Partners Realty, Marshalltown - **Broker Phone:** 641-519-0200 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/929-931-Spring-St_Grinnell_IA_50112_M99552-08002?f=listhub&s=NCMLSIA&m=6341948&c=propsimple) ## Photos ![929 - 931 Spring Street - Photo 1](http://lh.rdcpix.com/a1ac6ae3873921ce112132ef39360597l-f1954732305r.jpg) ![929 - 931 Spring Street - Photo 2](http://lh.rdcpix.com/a1ac6ae3873921ce112132ef39360597l-f3311031027r.jpg) ![929 - 931 Spring Street - Photo 3](http://lh.rdcpix.com/a1ac6ae3873921ce112132ef39360597l-f60251799r.jpg) ![929 - 931 Spring Street - Photo 4](http://lh.rdcpix.com/a1ac6ae3873921ce112132ef39360597l-f1753853408r.jpg) ![929 - 931 Spring Street - Photo 5](http://lh.rdcpix.com/a1ac6ae3873921ce112132ef39360597l-f3157189281r.jpg) ![929 - 931 Spring Street - Photo 6](http://lh.rdcpix.com/a1ac6ae3873921ce112132ef39360597l-f1576652860r.jpg) ![929 - 931 Spring Street - Photo 7](http://lh.rdcpix.com/a1ac6ae3873921ce112132ef39360597l-f1360273186r.jpg) ![929 - 931 Spring Street - Photo 8](http://lh.rdcpix.com/a1ac6ae3873921ce112132ef39360597l-f917777617r.jpg) ![929 - 931 Spring Street - Photo 9](http://lh.rdcpix.com/a1ac6ae3873921ce112132ef39360597l-f2101910157r.jpg) ![929 - 931 Spring Street - Photo 10](http://lh.rdcpix.com/a1ac6ae3873921ce112132ef39360597l-f164666781r.jpg) ![929 - 931 Spring Street - Photo 11](http://lh.rdcpix.com/a1ac6ae3873921ce112132ef39360597l-f496870741r.jpg) ![929 - 931 Spring Street - Photo 12](http://lh.rdcpix.com/a1ac6ae3873921ce112132ef39360597l-f195573435r.jpg) ![929 - 931 Spring Street - Photo 13](http://lh.rdcpix.com/a1ac6ae3873921ce112132ef39360597l-f3171316873r.jpg) ![929 - 931 Spring Street - Photo 14](http://lh.rdcpix.com/a1ac6ae3873921ce112132ef39360597l-f2576042248r.jpg) ![929 - 931 Spring Street - Photo 15](http://lh.rdcpix.com/a1ac6ae3873921ce112132ef39360597l-f541965023r.jpg) ![929 - 931 Spring Street - Photo 16](http://lh.rdcpix.com/a1ac6ae3873921ce112132ef39360597l-f2320463132r.jpg) ![929 - 931 Spring Street - Photo 17](http://lh.rdcpix.com/a1ac6ae3873921ce112132ef39360597l-f1068168908r.jpg) ![929 - 931 Spring Street - Photo 18](http://lh.rdcpix.com/a1ac6ae3873921ce112132ef39360597l-f545345954r.jpg) ![929 - 931 Spring Street - Photo 19](http://lh.rdcpix.com/a1ac6ae3873921ce112132ef39360597l-f4234592964r.jpg) ![929 - 931 Spring Street - Photo 20](http://lh.rdcpix.com/a1ac6ae3873921ce112132ef39360597l-f1084291633r.jpg) ![929 - 931 Spring Street - Photo 21](http://lh.rdcpix.com/a1ac6ae3873921ce112132ef39360597l-f1030589264r.jpg) ![929 - 931 Spring Street - Photo 22](http://lh.rdcpix.com/a1ac6ae3873921ce112132ef39360597l-f4171949010r.jpg) ![929 - 931 Spring Street - Photo 23](http://lh.rdcpix.com/a1ac6ae3873921ce112132ef39360597l-f1503899121r.jpg) ![929 - 931 Spring Street - Photo 24](http://lh.rdcpix.com/a1ac6ae3873921ce112132ef39360597l-f2128432776r.jpg) ![929 - 931 Spring Street - Photo 25](http://lh.rdcpix.com/a1ac6ae3873921ce112132ef39360597l-f2149995933r.jpg) ![929 - 931 Spring Street - Photo 26](http://lh.rdcpix.com/a1ac6ae3873921ce112132ef39360597l-f4034043792r.jpg) ![929 - 931 Spring Street - Photo 27](http://lh.rdcpix.com/a1ac6ae3873921ce112132ef39360597l-f586238617r.jpg) ![929 - 931 Spring Street - Photo 28](http://lh.rdcpix.com/a1ac6ae3873921ce112132ef39360597l-f1607252504r.jpg) ![929 - 931 Spring Street - Photo 29](http://lh.rdcpix.com/a1ac6ae3873921ce112132ef39360597l-f2626513928r.jpg) ![929 - 931 Spring Street - Photo 30](http://lh.rdcpix.com/a1ac6ae3873921ce112132ef39360597l-f1066393783r.jpg) ![929 - 931 Spring Street - Photo 31](http://lh.rdcpix.com/a1ac6ae3873921ce112132ef39360597l-f196736854r.jpg) ![929 - 931 Spring Street - Photo 32](http://lh.rdcpix.com/a1ac6ae3873921ce112132ef39360597l-f2615112111r.jpg) ![929 - 931 Spring Street - Photo 33](http://lh.rdcpix.com/a1ac6ae3873921ce112132ef39360597l-f1474385990r.jpg) ![929 - 931 Spring Street - Photo 34](http://lh.rdcpix.com/a1ac6ae3873921ce112132ef39360597l-f1435609329r.jpg) ![929 - 931 Spring Street - Photo 35](http://lh.rdcpix.com/a1ac6ae3873921ce112132ef39360597l-f1939360331r.jpg) ![929 - 931 Spring Street - Photo 36](http://lh.rdcpix.com/a1ac6ae3873921ce112132ef39360597l-f2894304146r.jpg) ![929 - 931 Spring Street - Photo 37](http://lh.rdcpix.com/a1ac6ae3873921ce112132ef39360597l-f8715708r.jpg) ![929 - 931 Spring Street - Photo 38](http://lh.rdcpix.com/a1ac6ae3873921ce112132ef39360597l-f458515318r.jpg) ![929 - 931 Spring Street - Photo 39](http://lh.rdcpix.com/a1ac6ae3873921ce112132ef39360597l-f2695508190r.jpg) ![929 - 931 Spring Street - Photo 40](http://lh.rdcpix.com/a1ac6ae3873921ce112132ef39360597l-f4209802599r.jpg) ![929 - 931 Spring Street - Photo 41](http://lh.rdcpix.com/a1ac6ae3873921ce112132ef39360597l-f1359057909r.jpg) ![929 - 931 Spring Street - Photo 42](http://lh.rdcpix.com/a1ac6ae3873921ce112132ef39360597l-f4217310058r.jpg) ![929 - 931 Spring Street - Photo 43](http://lh.rdcpix.com/a1ac6ae3873921ce112132ef39360597l-f1116541658r.jpg) ![929 - 931 Spring Street - Photo 44](http://lh.rdcpix.com/a1ac6ae3873921ce112132ef39360597l-f324368999r.jpg) ![929 - 931 Spring Street - Photo 45](http://lh.rdcpix.com/a1ac6ae3873921ce112132ef39360597l-f3460954045r.jpg) --- **MLS#:** 6341948 | **Updated:** 2026-10-20 **Source:** listhub *Copyright © 2026 NoCoast MLS. 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://staging.propertysimple.ai/listing/929-931-spring-street-grinnell-ia-50112-cdf3784a79004e00b4cabf832a5fff1d) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://staging.propertysimple.ai/listing/929-931-spring-street-grinnell-ia-50112-cdf3784a79004e00b4cabf832a5fff1d#listing", "url": "https://staging.propertysimple.ai/listing/929-931-spring-street-grinnell-ia-50112-cdf3784a79004e00b4cabf832a5fff1d", "name": "929 - 931 Spring Street, Grinnell, IA 50112", "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. 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