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Shauna Sturdivant

shauna@americanreco.com +1(515) 770-6328

$ 348,400

Est. payment | -/mo

4 Beds

2 Baths

1,520 SqFt

Save

$ 348,400

Est. payment | -/mo

Save

4 Beds

2 Baths

1,520 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,520 sqft

Price per Sqft $229

MLS Listing ID 751798

Style Ranch

Bedrooms 4

Full Baths 2

HOA Y/N No

Year Built 1977

Annual Tax Amount $5,134

Lot Size 0.257 Acres

Acres 0.257

Property Description

Fantastic opportunity to own a well-maintained, income-producing ranch-style duplex in a desirable Grimes location! Offering 1,520 square feet, this attractive property provides an exceptional opportunity for investors looking to expand their rental portfolio or buyers interested in owner-occupied investment potential. Each unit features its own private fenced backyard, detached one-car garage, and basement, providing comfortable and functional living spaces. Unit 303 offers 3 bedrooms, 2 bathrooms, and a finished lower level featuring a spacious bedroom, half bath, and walk-in closet. Unit 305 features 2 bedrooms, 1 bathroom, and a lower level with an egress window offering potential for additional finished living space, subject to applicable requirements. Both units have benefited from updates to kitchens, bathrooms, flooring, and stainless steel appliances, providing modern conveniences and attractive finishes. Each residence also includes its own washer and dryer! Investors will appreciate the separately metered gas, electric, and water utilities, all paid directly by tenants, helping minimize operating expenses. Tenants also handle lawn care and snow removal, reducing ongoing maintenance responsibilities. Currently owner-managed. Conveniently located near Grimes shopping, dining, parks, and everyday amenities, this versatile duplex combines established rental income, desirable updates, private outdoor spaces, and excellent investment potential.

Location

State IA

County Polk

Area Grimes

Zoning R4

Rooms

Basement Finished, Unfinished

Interior

Heating Forced Air, Gas

Cooling Central Air

Furnishings Unfurnished

Fireplace No

Exterior

Parking Features Detached, Garage, Two Car Garage

Garage Spaces 2.0

Garage Description 2.0

Utilities Available Electricity Available, Natural Gas Available, Water Available

Private Pool No

Building

Foundation Block

Schools

School District Dallas Center-Grimes

Others

Tax ID 31100346013000

Monthly Total Fees $427

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by RE/MAX Concepts

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(515) 770-6328

shauna@americanreco.com

303-305 NW Valley View Drive Grimes, IA 50111