




301 & 303 W 1st St, Grimes, IA, 50111
2beds
1baths
1,440sqft
$315,000
$219price/sqft
$2,260/moest. monthly cost
$90,400/yrincome needed
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.
Getting Around
63
0
57
Schools
8/10
6/10
6/10
Construction
Condition
- Year built: 1973
Materials
- Roof: Asphalt,Shingle
- Construction materials: Vinyl Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Microwave,Refrigerator,Stove
Basement
- Has basement: Yes
- Basement: Partially Finished
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bedrooms: 2
Features
- Finished area below ground: 158
Heating & Cooling
- Heating features: Forced Air,Gas,Natural Gas
- Cooling features: Central Air
Interior Area
- Total structure area: 1,440
- Total interior livable area: 1,440 sqft
Property
Details
- Parcel number: 31100345001000
- Zoning: R-4
Features
- Stories: 1
Lot
- Lot size: 0.34 Acres
- Lot size dimensions: 100 x 150
Parking
- Total spaces: 2
- Parking features: Detached,Garage,Two Car Garage
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
