301 & 303 W 1st Street

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.

Legal: LOT 1 PARKVIEW PLAZA PLAT 2

Status: Active

Property Information

736678

$325,000

Sale

Residential

Ranch

Residential

301 & 303 W 1st Street

Grimes

Polk

IA

50111

2

158

1440

1

1

1

PartiallyFinished

1440

14866

Detached, Garage, TwoCarGar

2

Grimes

4893.26

1973

Dallas Center-Grimes

Features

Ranch

Dishwasher, Microwave, Refrigerator, Stove

Utilities

ForcedAir, Gas, NaturalGas

Public

PublicSewer

CentralAir

No

Miscellaneous

VinylSiding

Listed By

RE/MAX Precision, Bo Cosens (515.360.4401)

Mortgage Calculator


Similar listings

208 SE 3rd Street, Grimes, IA 50111
34 Photos for Sale
New Listing
Status: Active
MLS: #736939
Type: Residential

1,571 sqft
3
2
$244,900
View Detail

Listed by : RE/MAX CONCEPTS, DANIELLE BURNIGHT (515.326.2567)

3006 SE Glenstone Drive, Grimes, IA 50111
19 Photos for Sale
Status: Active
MLS: #736674
Type: Residential

1,636 sqft
3
3
$244,500
View Detail

Listed by : RE/MAX CONCEPTS, ANTHONY LYNE (515.689.8014)

1736 SW Sienna Court, Grimes, IA 50111
30 Photos for Sale
Built in 2026
Status: Active
MLS: #735811
Type: Residential

1,209 sqft
3
3
$389,900
View Detail

Listed by : HUBBELL HOMES OF IOWA, LLC, ROB BURDITT (515.971.0350) & HUBBELL HOMES OF IOWA, LLC, ALEXANDER BURDITT (515.971.1452)

1405 NE Mocking Bird Lane, Grimes, IA 50111
35 Photos for Sale
Status: Active
MLS: #735918
Type: Residential

1,637 sqft
3
3
$295,000
View Detail

Listed by : RE/MAX CONCEPTS, GALEN KURTH (515.238.7633)

2701 SE 35th Street, Grimes, IA 50111
27 Photos for Sale
Status: Active
MLS: #735768
Type: Residential

1,358 sqft
3
3
$315,000
View Detail

Listed by : IOWA REALTY MILLS CROSSING, JOANN MANNING, CRS (515.240.3647)

1432 NW 3rd Lane, Grimes, IA 50111
3 Photos for Sale
Built in 2026
Status: Active
MLS: #735795
Type: Residential

1,538 sqft
3
3
$318,000
View Detail

Listed by : RE/MAX PRECISION, TRACY JAGIM (515.707.6055)

Ask About this Property #736678

Share This Listings


Subscribe To Our Newsletter

The newsletter is sent periodically and will update you on the latest real estate news and offers.