Newly remodeled 4 unit brick apartment building with 100 percent occupancy at 1115 Reed Street Grinnell. All new paint, flooring and more. Each unit has a balcony. Good location, common area laundry and ample parking.
PRICE REDUCED! OWNER WANTS AN OFFER !! This Brick 4 Unit Apartment Complex is never vacant long. It includes 3, 2 bedroom apartments and a 1 bedroom unit on the main floor. All have sliding doors to a patio. Nicely maintained property with 4 new window units for air. Newer coin operated washer and dryer is neg. Located close to school and hospital. Don't wait to see this great investment.
Public Records
Dec 6, 2007
Sold
$105,000
Year
Property tax
Land + Additions
Assessment*
2025
$3,134 (+1.0%)
$50,490 + $165,550
$216,040
2024
$3,102 (+9.7%)
$45,900 + $142,450
$188,350
2023
$2,828 (−14.3%)
$45,900 + $142,450
$188,350
2022
$3,300 (+9.3%)
$45,900 + $142,450
$188,350
2021
$3,018 (−5.5%)
$27,540 + $121,970
$149,510
2020
$3,194 (+25.5%)
$27,540 + $121,970
$149,510
2019
$2,546 (−5.4%)
$25,250 + $101,650
$126,900
2018
$2,692 (−4.3%)
$25,250 + $101,650
$126,900
2017
$2,812 (−6.2%)
$23,540 + $74,410
$97,950
2016
$2,998 (−10.9%)
$23,540 + $74,410
$97,950
2015
$3,364
$23,540 + $74,410
$97,950
Tax history for 1115 Reed St
Year
Property tax
Land + Additions
Assessment*
2025
$3,134 (+1.0%)
$50,490 + $165,550
$216,040
2024
$3,102 (+9.7%)
$45,900 + $142,450
$188,350
2023
$2,828 (−14.3%)
$45,900 + $142,450
$188,350
2022
$3,300 (+9.3%)
$45,900 + $142,450
$188,350
2021
$3,018 (−5.5%)
$27,540 + $121,970
$149,510
2020
$3,194 (+25.5%)
$27,540 + $121,970
$149,510
2019
$2,546 (−5.4%)
$25,250 + $101,650
$126,900
2018
$2,692 (−4.3%)
$25,250 + $101,650
$126,900
2017
$2,812 (−6.2%)
$23,540 + $74,410
$97,950
2016
$2,998 (−10.9%)
$23,540 + $74,410
$97,950
2015
$3,364
$23,540 + $74,410
$97,950
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
—
Baths
—
Stories
2
Lot width
75 ft.
Lot depth
160 ft.
Lot size
0.28 Acres
Year renovated
1965
Sq. Ft.
3,024
Year built
1965
Style
Other
County
Poweshiek County
APN
0685100
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 26, 2026.
Property details
Interior
Heating & Cooling
Has Heating
Heating: Radiant
Exterior
Building Information
# of Stories Total: 2
Property Information
Property Type: Residential Income
Property Sub Type: Duplex
Lot Information
Lot Size Dimensions: 75 By 160
Lot Size Acres: 0.28
Location
Schools Information
High School District: Grinnell-Newburg
Public facts
Beds: —
Baths: —
Sq. Ft.: 3,024
Stories: 2.0
Lot Size: 0.28 acres
Style: Other
Year Built: 1965
Year Renovated: 1965
County: Poweshiek County
APN: 0685100
Home facts updated by county records on Aug 26, 2026
Around this home
Schools
Bailey Park Elementary School
Public K-2 • Assigned • 0.1mi
Grinnell Community Middle School
Public 5-8 • Assigned • 1.4mi
5/10
Grinnell Community Senior High School
Public 9-12 • Assigned • 0.4mi
8/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
8/10 Flood Factor
Estimated 80%+ chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 102° expected this year, 15 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Grinnell, IA • 50112
Average low and high temperatures (°F)
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80
58
69
47
49
34
35
20
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Sun exposure
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