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

separator

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.	$149,900	Airbnb cash on cash: N/A Traditional cash on cash: 9.05% Airbnb Rental Income: $null Traditional Rental Income: $1691 Airbnb ROI: N/A Traditional ROI: 9.05%
1615 9th Avenue Grinnell, IA Ranch Home in Northeast Grinnell! This charming ranch home offers great curb appeal and an...	2 beds \| 2 baths \| 1,268 sq.ft.	$197,500	Airbnb cash on cash: N/A Traditional cash on cash: 8.01% Airbnb Rental Income: $null Traditional Rental Income: $2059 Airbnb ROI: N/A Traditional ROI: 8.01%
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.	$149,900	Airbnb cash on cash: N/A Traditional cash on cash: 10.23% Airbnb Rental Income: $null Traditional Rental Income: $1895 Airbnb ROI: N/A Traditional ROI: 10.23%
1419 West Street Grinnell, IA Buyers seller will pay up to $3,500 towards your closing costs on an acceptable offer at c...	4 beds \| 2 baths \| 1,630 sq.ft.	$239,500	Airbnb cash on cash: N/A Traditional cash on cash: 4.42% Airbnb Rental Income: $null Traditional Rental Income: $1594 Airbnb ROI: N/A Traditional ROI: 4.42%
1003 East Street Grinnell, IA Great location for this Grand 1900's 2 story home. Walk to down town or the college. 2 be...	2 beds \| 2 baths \| 1,728 sq.ft.	$279,500	Airbnb cash on cash: N/A Traditional cash on cash: 6.31% Airbnb Rental Income: $null Traditional Rental Income: $2296 Airbnb ROI: N/A Traditional ROI: 6.31%
5029 E 156th Street S Grinnell, IA	4 beds \| 1 baths \| 1,352 sq.ft.	$325,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.18% Airbnb Rental Income: $null Traditional Rental Income: $1848 Airbnb ROI: N/A Traditional ROI: 4.18%
1012 Summer Street Grinnell, IA There is a lot of space to love in this beautiful two story traditional four square home! ...	4 beds \| 2 baths \| 1,920 sq.ft.	$250,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.03% Airbnb Rental Income: $null Traditional Rental Income: $2779 Airbnb ROI: N/A Traditional ROI: 9.03%
4476 32nd Street Grinnell, IA PRICE REDUCED! Country living close to Grinnell. 1.5 story home on approximately 1.2 acre...	3 beds \| 1 baths \| 1,678 sq.ft.	$199,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.95% Airbnb Rental Income: $null Traditional Rental Income: $1795 Airbnb ROI: N/A Traditional ROI: 6.95%
1414 Elm Street Grinnell, IA A classic colonial two story home for sale in northeast Grinnell. The home includes 1,972 ...	4 beds \| 3 baths \| 1,972 sq.ft.	$249,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.67% Airbnb Rental Income: $null Traditional Rental Income: $2978 Airbnb ROI: N/A Traditional ROI: 9.67%
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%
1804 3rd Avenue Grinnell, IA Welcome to this nicely maintained 4-bedroom, 1.5 bath home located on a generous lot on th...	4 beds \| 2 baths \| 781 sq.ft.	$185,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.9% Airbnb Rental Income: $null Traditional Rental Income: $2047 Airbnb ROI: N/A Traditional ROI: 8.9%
1128 Prince Street Grinnell, IA HUGE PRICE REDUCTIONS! Great location close to the waterpark, schools and park. 1 1/2 stor...	5 beds \| 4 baths \| 2,950 sq.ft.	$285,000	Airbnb cash on cash: N/A Traditional cash on cash: 11.54% Airbnb Rental Income: $null Traditional Rental Income: $3772 Airbnb ROI: N/A Traditional ROI: 11.54%
1209 Spencer Street Grinnell, IA Welcome to 1209 Spencer Street - a 1.5 story home offering 2 bedrooms, 1 bathroom, and a c...	2 beds \| 1 baths \| 1,046 sq.ft.	$105,000	Airbnb cash on cash: N/A Traditional cash on cash: 11.58% Airbnb Rental Income: $null Traditional Rental Income: $1511 Airbnb ROI: N/A Traditional ROI: 11.58%
1801 10th Avenue Place Grinnell, IA Charming 3 bedroom/1 bathroom ranch with 1,284 sq ft on a generous .33 acre lot - move in ...	3 beds \| 1 baths \| 1,284 sq.ft.	$169,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.38% Airbnb Rental Income: $null Traditional Rental Income: $1837 Airbnb ROI: N/A Traditional ROI: 8.38%
931 High Street Grinnell, IA Welcome to your next investment property in Grinnell! This side by side duplex is within o...	N/A beds \| N/A baths \| 3,200 sq.ft.	$290,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.13% Airbnb Rental Income: $null Traditional Rental Income: $1272 Airbnb ROI: N/A Traditional ROI: 2.13%
2018 Spaulding Lane Grinnell, IA Exceptional Custom Home with Dream Kitchen & Luxury Upgrades Step into this stunning 3-be...	3 beds \| 2 baths \| 2,156 sq.ft.	$464,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.5% Airbnb Rental Income: $null Traditional Rental Income: $2683 Airbnb ROI: N/A Traditional ROI: 4.5%
1935 Jewel Drive Grinnell, IA Explore this unique chance to own a semi-custom home at Prairie Pointe, where exceptional ...	3 beds \| 2 baths \| 1,728 sq.ft.	$398,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.37% Airbnb Rental Income: $null Traditional Rental Income: $2517 Airbnb ROI: N/A Traditional ROI: 5.37%
828 Park Street Grinnell, IA This investment house is an exceptional opportunity for a new owner, featuring a fully ren...	5 beds \| 2 baths \| 2,316 sq.ft.	$249,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.8% Airbnb Rental Income: $null Traditional Rental Income: $2556 Airbnb ROI: N/A Traditional ROI: 8.8%
909 Elm Street Grinnell, IA Beautiful 3 bedroom stucco home in quiet neighborhood. Walk right into an enclosed front p...	3 beds \| 2 baths \| 1,949 sq.ft.	$229,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.33% Airbnb Rental Income: $null Traditional Rental Income: $2438 Airbnb ROI: N/A Traditional ROI: 8.33%
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: N/A Traditional cash on cash: 1.52% Airbnb Rental Income: $null Traditional Rental Income: $1249 Airbnb ROI: N/A Traditional ROI: 1.52%
720 High Street Grinnell, IA	3 beds \| 3 baths \| 1,264 sq.ft.	$1,440,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.51% Airbnb Rental Income: $null Traditional Rental Income: $2267 Airbnb ROI: N/A Traditional ROI: 0.51%
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%
915 Elm Street Grinnell, IA HUGE PRICE REDUCTION COME TOUR THIS BEAUTIFUL HOME DON'T MISS OUT! Nicely Maintained 190...	3 beds \| 2 baths \| 1,061 sq.ft.	$205,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.83% Airbnb Rental Income: $null Traditional Rental Income: $2064 Airbnb ROI: N/A Traditional ROI: 7.83%
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: N/A Traditional cash on cash: 4.36% Airbnb Rental Income: $null Traditional Rental Income: $1334 Airbnb ROI: N/A Traditional ROI: 4.36%
725 Spring Street Grinnell, IA Excellent investment opportunity in Grinnell, Iowaâthis portfolio of 12 rental homes off...	N/A beds \| N/A baths \| 18,092 sq.ft.	$1,415,000	Airbnb cash on cash: -1.68% Traditional cash on cash: -0.92% Airbnb Rental Income: $954 Traditional Rental Income: $1601 Airbnb ROI: -1.68% Traditional ROI: -0.92%
937 Broad Street Grinnell, IA Take a look at this beautiful three-story historic building, located in downtown Grinnell ...	N/A beds \| N/A baths \| 6,280 sq.ft.	$850,000	Airbnb cash on cash: -1.05% Traditional cash on cash: 0.1% Airbnb Rental Income: $954 Traditional Rental Income: $1521 Airbnb ROI: -1.05% Traditional ROI: 0.1%
411 1St Avenue Grinnell, IA Historic childhood home of Edith Renfrow. This house sits on three lots with a full newer ...	3 beds \| 1 baths \| 1,266 sq.ft.	$149,900	Airbnb cash on cash: N/A Traditional cash on cash: 9.22% Airbnb Rental Income: $null Traditional Rental Income: $1755 Airbnb ROI: N/A Traditional ROI: 9.22%
1533 Reed Street Grinnell, IA Take a look at this spacious two story home on a large lot in Grinnell IA. There is much t...	3 beds \| 1 baths \| 1,243 sq.ft.	$139,500	Airbnb cash on cash: N/A Traditional cash on cash: 9.05% Airbnb Rental Income: $null Traditional Rental Income: $1662 Airbnb ROI: N/A Traditional ROI: 9.05%
1429 Prince Street Grinnell, IA Charming ranch home located on Grinnellâs west side. The property borders Grinnell High ...	2 beds \| 2 baths \| 992 sq.ft.	$139,000	Airbnb cash on cash: N/A Traditional cash on cash: 11.47% Airbnb Rental Income: $null Traditional Rental Income: $1935 Airbnb ROI: N/A Traditional ROI: 11.47%
616 Harrison Avenue Grinnell, IA This thoughtfully crafted custom Bruce Baustine built home, built to grow with you. Featur...	2 beds \| 2 baths \| 1,184 sq.ft.	$239,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.61% Airbnb Rental Income: $null Traditional Rental Income: $2119 Airbnb ROI: N/A Traditional ROI: 6.61%
3798 60th Street Grinnell, IA Outstanding 5 bedroom, 2 1/2 bath, ranch acreage located 5 minutes east of Grinnell at the...	5 beds \| 3 baths \| 2,208 sq.ft.	$375,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.25% Airbnb Rental Income: $null Traditional Rental Income: $2888 Airbnb ROI: N/A Traditional ROI: 6.25%
1032 Pearl Street Grinnell, IA Large Corner lot for this 2 bedroom, 2 story home with cozy living room ,Dining area plus ...	2 beds \| 1 baths \| 1,036 sq.ft.	$119,000	Airbnb cash on cash: N/A Traditional cash on cash: 10.76% Airbnb Rental Income: $null Traditional Rental Income: $1594 Airbnb ROI: N/A Traditional ROI: 10.76%
607 10th Avenue Grinnell, IA Charm, Character, Location, and Quality â This Home Has It All! From the moment you step...	4 beds \| 2 baths \| 2,032 sq.ft.	$268,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.32% Airbnb Rental Income: $null Traditional Rental Income: $2544 Airbnb ROI: N/A Traditional ROI: 7.32%
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.	$242,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.9% Airbnb Rental Income: $null Traditional Rental Income: $2679 Airbnb ROI: N/A Traditional ROI: 8.9%
1940 Manor Circle Grinnell, IA Feel the pride of ownership in this honored and well-maintained, one-owner, colonial, salt...	4 beds \| 3 baths \| 2,796 sq.ft.	$367,500	Airbnb cash on cash: N/A Traditional cash on cash: 6.53% Airbnb Rental Income: $null Traditional Rental Income: $3146 Airbnb ROI: N/A Traditional ROI: 6.53%
5 Oakridge Drive Grinnell, IA This Oakland Acres ranch home is perfect for any stage of life whether your first home or ...	3 beds \| 3 baths \| 1,248 sq.ft.	$288,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.75% Airbnb Rental Income: $null Traditional Rental Income: $2138 Airbnb ROI: N/A Traditional ROI: 5.75%
379 460Th Avenue Grinnell, IA Looking for that affordable acreage? This is the one! 3 Bedroom, 1 1/2 bath home that has ...	3 beds \| 2 baths \| 1,260 sq.ft.	$314,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.13% Airbnb Rental Income: $null Traditional Rental Income: $2133 Airbnb ROI: N/A Traditional ROI: 5.13%
711 16th Avenue unit: U103 #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: 10.42% Airbnb Rental Income: $null Traditional Rental Income: $2684 Airbnb ROI: N/A Traditional ROI: 10.42%
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.	$324,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.81% Airbnb Rental Income: $null Traditional Rental Income: $2882 Airbnb ROI: N/A Traditional ROI: 6.81%
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%

Real Estate investment in Grinnell, IA

There are 46 properties for sale in the city of Grinnell . The median list price in Grinnell is $239,900 and the average price per square foot is $105. In December 2025, the average monthly cash on cash return in Grinnell is 8.00%. The average monthly rental income in Grinnell is $2,061.

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

There are 46 investment properties available for sale in Grinnell.

In 2025, the best neighborhood to buy investment property is Grinnell.

The ROI for Long-Term is higher than the Short-Term in Grinnell with average rental income of $2,061.

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.

$149,900

Airbnb cash on cash: N/A

Traditional cash on cash: 9.05%

Airbnb Rental Income: $null

Traditional Rental Income: $1691

Airbnb ROI: N/A

Traditional ROI: 9.05%

1615 9th Avenue

Grinnell, IA

2 beds | 2 baths | 1,268 sq.ft.

$197,500

Airbnb cash on cash: N/A

Traditional cash on cash: 8.01%

Airbnb Rental Income: $null

Traditional Rental Income: $2059

Airbnb ROI: N/A

Traditional ROI: 8.01%

1426 Prince Street

Grinnell, IA

2 beds | 2 baths | 768 sq.ft.

$149,900

Airbnb cash on cash: N/A

Traditional cash on cash: 10.23%

Airbnb Rental Income: $null

Traditional Rental Income: $1895

Airbnb ROI: N/A

Traditional ROI: 10.23%

1419 West Street

Grinnell, IA

4 beds | 2 baths | 1,630 sq.ft.

$239,500

Airbnb cash on cash: N/A

Traditional cash on cash: 4.42%

Airbnb Rental Income: $null

Traditional Rental Income: $1594

Airbnb ROI: N/A

Traditional ROI: 4.42%

1003 East Street

Grinnell, IA

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

$279,500

Airbnb cash on cash: N/A

Traditional cash on cash: 6.31%

Airbnb Rental Income: $null

Traditional Rental Income: $2296

Airbnb ROI: N/A

Traditional ROI: 6.31%

5029 E 156th Street S

Grinnell, IA

4 beds | 1 baths | 1,352 sq.ft.

$325,900

Airbnb cash on cash: N/A

Traditional cash on cash: 4.18%

Airbnb Rental Income: $null

Traditional Rental Income: $1848

Airbnb ROI: N/A

Traditional ROI: 4.18%

1012 Summer Street

Grinnell, IA

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

$250,000

Airbnb cash on cash: N/A

Traditional cash on cash: 9.03%

Airbnb Rental Income: $null

Traditional Rental Income: $2779

Airbnb ROI: N/A

Traditional ROI: 9.03%

4476 32nd Street

Grinnell, IA

3 beds | 1 baths | 1,678 sq.ft.

$199,900

Airbnb cash on cash: N/A

Traditional cash on cash: 6.95%

Airbnb Rental Income: $null

Traditional Rental Income: $1795

Airbnb ROI: N/A