Real Estate Investment Properties for Sale in Grinnell, IA

Looking for investment property in Grinnell, IA with high ROI ?

Explore a variety of short-term homes & houses in Grinnell, IA. Invest wisely with VRBO & Grinnell, IA Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Grinnell, IA

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
105 Broad Street Grinnell, IA A diamond in the rough, the possibilities are endless. This 3 bedroom, one bath ranch has ...	3 beds \| 1 baths \| 1,152 sq.ft.	$144,900	Airbnb cash on cash: N/A Traditional cash on cash: 9.38% Airbnb Rental Income: $null Traditional Rental Income: $1691 Airbnb ROI: N/A Traditional ROI: 9.38%
12 Garden Cottage Lane Grinnell, IA Tucked in the charming Garden Cottages community, this beautifully upgraded home offers mo...	3 beds \| 3 baths \| 2,464 sq.ft.	$315,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.38% Airbnb Rental Income: $null Traditional Rental Income: $2741 Airbnb ROI: N/A Traditional ROI: 6.38%
1604 5th Avenue Grinnell, IA Large tri-plex located just seven blocks from downtown Grinnell and Grinnell College makes...	N/A beds \| N/A baths \| 2,435 sq.ft.	$138,000	Airbnb cash on cash: 0.83% Traditional cash on cash: 9.74% Airbnb Rental Income: $850 Traditional Rental Income: $1699 Airbnb ROI: 0.83% Traditional ROI: 9.74%
816 10th Avenue Grinnell, IA Discover this beautifully restored craftsman-style home located just a few blocks from Gri...	3 beds \| 2 baths \| 2,009 sq.ft.	$314,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.58% Airbnb Rental Income: $null Traditional Rental Income: $2454 Airbnb ROI: N/A Traditional ROI: 5.58%
932 East Street Grinnell, IA Beautifully maintained two-story home two blocks from Grinnell College. Experience the cha...	3 beds \| 2 baths \| 1,920 sq.ft.	$264,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.59% Airbnb Rental Income: $null Traditional Rental Income: $2297 Airbnb ROI: N/A Traditional ROI: 6.59%
1426 Prince Street Grinnell, IA Welcome to this cozy home nestled in the heart of Grinnell! Just minutes from the water pa...	2 beds \| 2 baths \| 768 sq.ft.	$130,000	Airbnb cash on cash: N/A Traditional cash on cash: 11.88% Airbnb Rental Income: $null Traditional Rental Income: $1895 Airbnb ROI: N/A Traditional ROI: 11.88%
1027 Summer Street Grinnell, IA Welcome to this charming and surprisingly spacious 1.5 story home that perfectly blends cl...	3 beds \| 3 baths \| 1,733 sq.ft.	$249,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.3% Airbnb Rental Income: $null Traditional Rental Income: $2346 Airbnb ROI: N/A Traditional ROI: 7.3%
1003 East Street Grinnell, IA NICE PRICE REDUCTION FORTHIS Grand 1900's 2 story home. Walk to down town or the college. ...	2 beds \| 2 baths \| 1,728 sq.ft.	$265,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.7% Airbnb Rental Income: $null Traditional Rental Income: $2296 Airbnb ROI: N/A Traditional ROI: 6.7%
503 Harrison Avenue Grinnell, IA New Price - this beautiful home is ready for new owners! Welcome home to this beautifully ...	3 beds \| 2 baths \| 2,237 sq.ft.	$264,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.2% Airbnb Rental Income: $null Traditional Rental Income: $2216 Airbnb ROI: N/A Traditional ROI: 6.2%
426 East Street Grinnell, IA In town acreage - 1.07 acre lot! If you want to be in town but have space for a garden, sh...	4 beds \| 2 baths \| 1,824 sq.ft.	$275,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.93% Airbnb Rental Income: $null Traditional Rental Income: $2439 Airbnb ROI: N/A Traditional ROI: 6.93%
1219 Spencer Street Grinnell, IA Are you weary of paying rent? It might be the right moment to explore a well cared for 3-4...	4 beds \| 2 baths \| 1,244 sq.ft.	$170,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.76% Airbnb Rental Income: $null Traditional Rental Income: $1513 Airbnb ROI: N/A Traditional ROI: 6.76%
427 West Street Grinnell, IA Discover this inviting 3-bedroom, 1-bath home featuring a bright and spacious living room,...	3 beds \| 1 baths \| 944 sq.ft.	$109,900	Airbnb cash on cash: N/A Traditional cash on cash: 11.27% Airbnb Rental Income: $null Traditional Rental Income: $1540 Airbnb ROI: N/A Traditional ROI: 11.27%
925 Reed Street Grinnell, IA What?! A 4 car detached garage with heat and floor drains, what more could you ask for? Ho...	3 beds \| 3 baths \| 2,192 sq.ft.	$224,500	Airbnb cash on cash: N/A Traditional cash on cash: 8.86% Airbnb Rental Income: $null Traditional Rental Income: $2518 Airbnb ROI: N/A Traditional ROI: 8.86%
612 Prairie Street Grinnell, IA Charming updated home in the heart of Grinnell - 612 Prairie St! This beautifully refreshe...	3 beds \| 2 baths \| 1,531 sq.ft.	$159,900	Airbnb cash on cash: N/A Traditional cash on cash: 11.72% Airbnb Rental Income: $null Traditional Rental Income: $2150 Airbnb ROI: N/A Traditional ROI: 11.72%
5029 E 156Th Street Grinnell, IA Country living at it's best. Gorgeous views in all directions. 2 story home with 4 bedroom...	4 beds \| 1 baths \| 1,352 sq.ft.	$295,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.64% Airbnb Rental Income: $null Traditional Rental Income: $1823 Airbnb ROI: N/A Traditional ROI: 4.64%
1208 Main Street Grinnell, IA Recently remodeled 3-4 bedroom home 2 blocks from college and 2 blocks from downtown. This...	4 beds \| 2 baths \| 1,613 sq.ft.	$239,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.68% Airbnb Rental Income: $null Traditional Rental Income: $2519 Airbnb ROI: N/A Traditional ROI: 8.68%
1620 Broad Street Grinnell, IA Welcome to an incredibly priced, timelessly refreshed mid-century home with 4 bedrooms, 2....	3 beds \| 3 baths \| 1,678 sq.ft.	$369,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.51% Airbnb Rental Income: $null Traditional Rental Income: $2679 Airbnb ROI: N/A Traditional ROI: 5.51%
1204 3rd Avenue Grinnell, IA This 4 bedroom, 3 bathroom home is one of the four jewels of 3rd and High St. This home sh...	4 beds \| 3 baths \| 2,840 sq.ft.	$389,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.41% Airbnb Rental Income: $null Traditional Rental Income: $2887 Airbnb ROI: N/A Traditional ROI: 5.41%
1132 Main Street Grinnell, IA Discover this spacious and beautifully renovated four-square home, ideally located just a ...	N/A beds \| N/A baths \| 3,858 sq.ft.	$369,900	Airbnb cash on cash: -0.59% Traditional cash on cash: 1.52% Airbnb Rental Income: $850 Traditional Rental Income: $1249 Airbnb ROI: -0.59% Traditional ROI: 1.52%
9032 Center Street Grinnell, IA This 3-bedroom, 1-bath home offers 1,248 sq ft of finished living space, including a beaut...	3 beds \| 1 baths \| 1,248 sq.ft.	$178,500	Airbnb cash on cash: N/A Traditional cash on cash: 8.37% Airbnb Rental Income: $null Traditional Rental Income: $1773 Airbnb ROI: N/A Traditional ROI: 8.37%
1126 Broad Street Grinnell, IA Just YARDS, STEPS, LITERAL FEET, from Grinnell College, this spacious two-story duplex off...	N/A beds \| N/A baths \| 3,154 sq.ft.	$199,000	Airbnb cash on cash: 0.04% Traditional cash on cash: 4.36% Airbnb Rental Income: $850 Traditional Rental Income: $1334 Airbnb ROI: 0.04% Traditional ROI: 4.36%
725 Spring Street Grinnell, IA Excellent investment opportunity in Grinnell, Iowa-this portfolio of 12 rental homes offer...	N/A beds \| N/A baths \| 18,092 sq.ft.	$1,415,000	Airbnb cash on cash: -1.74% Traditional cash on cash: -0.92% Airbnb Rental Income: $850 Traditional Rental Income: $1601 Airbnb ROI: -1.74% Traditional ROI: -0.92%
3798 60Th Street Grinnell, IA This home offers a number of recent updates and quality features, located on a hard surfac...	5 beds \| 3 baths \| 2,290 sq.ft.	$360,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.57% Airbnb Rental Income: $null Traditional Rental Income: $2888 Airbnb ROI: N/A Traditional ROI: 6.57%
1032 Pearl Street Grinnell, IA GREAT PRICE FOR THIS HOME!! PRICE REDUCED!!Large Corner lot for this 2 bedroom, 2 story ho...	2 beds \| 1 baths \| 1,036 sq.ft.	$110,000	Airbnb cash on cash: N/A Traditional cash on cash: 11.68% Airbnb Rental Income: $null Traditional Rental Income: $1594 Airbnb ROI: N/A Traditional ROI: 11.68%
1425 Penrose Street Grinnell, IA A wonderful family home is now available for purchase, situated directly across from Ahren...	4 beds \| 2 baths \| 2,892 sq.ft.	$237,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.1% Airbnb Rental Income: $null Traditional Rental Income: $2679 Airbnb ROI: N/A Traditional ROI: 9.1%
1517 Elm Street Grinnell, IA Step inside this beautifully preserved historic home where the character of careful crafts...	5 beds \| 3 baths \| 2,624 sq.ft.	$314,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.06% Airbnb Rental Income: $null Traditional Rental Income: $2882 Airbnb ROI: N/A Traditional ROI: 7.06%
329 Broad Street Grinnell, IA For sale - a cherished home that has been lovingly cared for over the past 62 years! This ...	2 beds \| 2 baths \| 1,244 sq.ft.	$149,000	Airbnb cash on cash: N/A Traditional cash on cash: 11.54% Airbnb Rental Income: $null Traditional Rental Income: $2061 Airbnb ROI: N/A Traditional ROI: 11.54%
1921 Spencer Street Grinnell, IA Step into this beautifully updated 3-bedroom, 2.5-bath split-foyer home offering over 1,40...	3 beds \| 3 baths \| 2,289 sq.ft.	$244,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.65% Airbnb Rental Income: $null Traditional Rental Income: $2701 Airbnb ROI: N/A Traditional ROI: 8.65%
500 Harrison Avenue Grinnell, IA This ranch-style home with 5 bedrooms and 1 3/4 bathrooms is move-in ready. Upper level ha...	5 beds \| 2 baths \| 960 sq.ft.	$205,500	Airbnb cash on cash: N/A Traditional cash on cash: 7.86% Airbnb Rental Income: $null Traditional Rental Income: $2084 Airbnb ROI: N/A Traditional ROI: 7.86%
1324 Main Street Grinnell, IA A classic four square, 2,182 sq ft (first two floors) plus another 462 sq ft of living spa...	5 beds \| 3 baths \| 2,186 sq.ft.	$289,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.18% Airbnb Rental Income: $null Traditional Rental Income: $2727 Airbnb ROI: N/A Traditional ROI: 7.18%
711 16th Avenue unit: U103 Grinnell, IA Discover this east-facing, ground floor unit conveniently situated across from the undergr...	2 beds \| 2 baths \| 1,407 sq.ft.	$215,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.79% Airbnb Rental Income: $null Traditional Rental Income: $1535 Airbnb ROI: N/A Traditional ROI: 2.79%
244 4th Avenue W Grinnell, IA Turn-key, move in-ready townhome! Offering a generous living space with 3 bedrooms and 2 1...	3 beds \| 3 baths \| 1,780 sq.ft.	$205,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.31% Airbnb Rental Income: $null Traditional Rental Income: $1986 Airbnb ROI: N/A Traditional ROI: 6.31%
812 6th Avenue W Grinnell, IA Welcome to this well-updated, 4 bedroom, 2 bath home situated on a general .84-acre lot wi...	4 beds \| 2 baths \| 1,932 sq.ft.	$285,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.94% Airbnb Rental Income: $null Traditional Rental Income: $2550 Airbnb ROI: N/A Traditional ROI: 6.94%
1710 Country Club Drive Grinnell, IA Character meets modern luxury in this meticulously maintained Dutch Colonial home located ...	3 beds \| 3 baths \| 1,797 sq.ft.	$297,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.58% Airbnb Rental Income: $null Traditional Rental Income: $2601 Airbnb ROI: N/A Traditional ROI: 6.58%
1848 9th Avenue Grinnell, IA Location, location, location! Discover this meticulously maintained ranch located directly...	2 beds \| 1 baths \| 980 sq.ft.	$172,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.11% Airbnb Rental Income: $null Traditional Rental Income: $1633 Airbnb ROI: N/A Traditional ROI: 7.11%
1021 High Street Grinnell, IA Don't miss this fantastic chance to acquire a well built and roomy 2-story home situated d...	5 beds \| 2 baths \| 1,845 sq.ft.	$210,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.88% Airbnb Rental Income: $null Traditional Rental Income: $2449 Airbnb ROI: N/A Traditional ROI: 9.88%
1233 Main Street Grinnell, IA Located in the heart of the North Historical District, 1233 Main Street offers a rare blen...	4 beds \| 2 baths \| 1,693 sq.ft.	$285,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.39% Airbnb Rental Income: $null Traditional Rental Income: $2261 Airbnb ROI: N/A Traditional ROI: 6.39%
1316 4th Avenue Grinnell, IA Discover this masterfully reconstructed residence where historic character meets modern st...	4 beds \| 3 baths \| 2,001 sq.ft.	$360,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.96% Airbnb Rental Income: $null Traditional Rental Income: $2629 Airbnb ROI: N/A Traditional ROI: 5.96%
711 16Th Avenue #U104 Grinnell, IA Welcome to Pine Ridge Estates, U104 Grinnell IA Discover the perfect blend of comfort and ...	2 beds \| 2 baths \| 1,407 sq.ft.	$194,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.52% Airbnb Rental Income: $null Traditional Rental Income: $2093 Airbnb ROI: N/A Traditional ROI: 8.52%

Real Estate investment in Grinnell, IA

There are 49 properties for sale in the city of Grinnell . The median list price in Grinnell is $238,000 and the average price per square foot is $116. In May 2026, the average monthly cash on cash return in Grinnell is 7.00%. The average monthly rental income in Grinnell is $2,194.

Grinnell, IA Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 49 investment properties available for sale in Grinnell.

In 2026, the best neighborhood to buy investment property is Grinnell.

The ROI for Short-Term is higher than the Long-Term in Grinnell with average rental income of $850.

Your search for investment property begins and ends here

Investment Property for Sale in Grinnell, IA

105 Broad Street

Grinnell, IA

3 beds | 1 baths | 1,152 sq.ft.

$144,900

Airbnb cash on cash: N/A

Traditional cash on cash: 9.38%

Airbnb Rental Income: $null

Traditional Rental Income: $1691

Airbnb ROI: N/A

Traditional ROI: 9.38%

12 Garden Cottage Lane

Grinnell, IA

3 beds | 3 baths | 2,464 sq.ft.

$315,900

Airbnb cash on cash: N/A

Traditional cash on cash: 6.38%

Airbnb Rental Income: $null

Traditional Rental Income: $2741

Airbnb ROI: N/A

Traditional ROI: 6.38%

1604 5th Avenue

Grinnell, IA

N/A beds | N/A baths | 2,435 sq.ft.

$138,000

Airbnb cash on cash: 0.83%

Traditional cash on cash: 9.74%

Airbnb Rental Income: $850

Traditional Rental Income: $1699

Airbnb ROI: 0.83%

Traditional ROI: 9.74%

816 10th Avenue

Grinnell, IA

3 beds | 2 baths | 2,009 sq.ft.

$314,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.58%

Airbnb Rental Income: $null

Traditional Rental Income: $2454

Airbnb ROI: N/A

Traditional ROI: 5.58%

932 East Street

Grinnell, IA

3 beds | 2 baths | 1,920 sq.ft.

$264,900

Airbnb cash on cash: N/A

Traditional cash on cash: 6.59%

Airbnb Rental Income: $null

Traditional Rental Income: $2297

Airbnb ROI: N/A

Traditional ROI: 6.59%

1426 Prince Street

Grinnell, IA

2 beds | 2 baths | 768 sq.ft.

$130,000

Airbnb cash on cash: N/A

Traditional cash on cash: 11.88%

Airbnb Rental Income: $null

Traditional Rental Income: $1895

Airbnb ROI: N/A

Traditional ROI: 11.88%

1027 Summer Street

Grinnell, IA

3 beds | 3 baths | 1,733 sq.ft.

$249,000

Airbnb cash on cash: N/A

Traditional cash on cash: 7.3%

Airbnb Rental Income: $null

Traditional Rental Income: $2346

Airbnb ROI: N/A

Traditional ROI: 7.3%

1003 East Street

Grinnell, IA

2 beds | 2 baths | 1,728 sq.ft.

$265,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.7%

Airbnb Rental Income: $null

Traditional Rental Income: $2296

Airbnb ROI: N/A