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

• 2 beds |
• 1 bath |
• 1,440 sqft

Property 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.

Listing Status:

Active

Date Added:

March 20, 2026

Data Last Updated:

April 1, 2026 at 7:20PM

Listing Office:

RE/MAX Precision : (515) 223-9492

Listing Agent:

Bo Cosens : (515) 360-4401

MLS ID:

736678

Interior

• Appliances: DishwasherMicrowaveRefrigeratorStove
• Basement: Partially Finished
• A/C: Central Air
• Heating: Forced AirGasNatural Gas

Exterior

• Style: Ranch
• Parking: DetachedGarageTwo Car Garage

Construction

• Roofing: AsphaltShingle
• General: Vinyl Siding1

Location

• Road/Access: Concrete
• Originating MLS: DMAAR_DM
• School District: Dallas Center-Grimes
• County: Polk

Lot

• Zoning: R-4LOT 1 PARKVIEW PLAZA PLAT 231100345001000

Utilities

• Water: Public
• Sewer: Public Sewer

Financial

• Source: DMAAR_DM