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 St 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%
1527 Summer St Grinnell, IA Very nice 2 bed and 1 bath home with a 1-car attached garage. The kitchen was recently upd...	2 beds \| 1 baths \| 1,187 sq.ft.	$199,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.81% Airbnb Rental Income: $null Traditional Rental Income: $1246 Airbnb ROI: N/A Traditional ROI: 3.81%
1426 Prince St Grinnell, IA Welcome to this cozy home nestled in the heart of Grinnell! Just minutes from the water pa...	2 beds \| 1 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%
1003 East St Grinnell, IA Great location for this Grand 1900's 2 story home. Walk to down town or the college. 2 bed...	2 beds \| 1 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%
503 Harrison Ave Grinnell, IA Come and view this charming home in SW Grinnell. If you are looking for a property that is...	3 beds \| 2 baths \| 1,333 sq.ft.	$297,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.41% Airbnb Rental Income: $null Traditional Rental Income: $2216 Airbnb ROI: N/A Traditional ROI: 5.41%
1012 Summer St 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.	$245,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.23% Airbnb Rental Income: $null Traditional Rental Income: $2779 Airbnb ROI: N/A Traditional ROI: 9.23%
612 Prairie St 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%
1801 10th Avenue Pl 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%
1132 Main St 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: -0.34% Traditional cash on cash: 1.52% Airbnb Rental Income: $954 Traditional Rental Income: $1249 Airbnb ROI: -0.34% Traditional ROI: 1.52%
915 Elm St Grinnell, IA HUGE PRICE REDUCTION COME TOUR THIS BEAUTIFUL HOME DON'T MISS OUT! Nicely Maintained 1900'...	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 St 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: 0.5% Traditional cash on cash: 4.36% Airbnb Rental Income: $954 Traditional Rental Income: $1334 Airbnb ROI: 0.5% 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: -1.68% Traditional cash on cash: -0.92% Airbnb Rental Income: $954 Traditional Rental Income: $1601 Airbnb ROI: -1.68% Traditional ROI: -0.92%
616 Harrison Ave Grinnell, IA This thoughtfully crafted custom Bruce Baustine built home, built to grow with you. Featur...	2 beds \| 1 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%
1032 Pearl St 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%
1425 Penrose St 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%
379 460th Ave Grinnell, IA Looking for that affordable acreage? This is the one! 3 Bedroom, 1 1/2 bath home that has ...	3 beds \| 1 baths \| 1,260 sq.ft.	$304,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.33% Airbnb Rental Income: $null Traditional Rental Income: $2133 Airbnb ROI: N/A Traditional ROI: 5.33%
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 St Grinnell, IA Step inside this beautifully preserved historic home where the character of careful crafts...	5 beds \| 2 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 St 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%
1519 Davis Ave Grinnell, IA Welcome to 1519 Davis Avenue! Built by Homes of Iowa, this is a one level livable 3 bedroo...	3 beds \| 2 baths \| 1,200 sq.ft.	$269,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.59% Airbnb Rental Income: $null Traditional Rental Income: $2305 Airbnb ROI: N/A Traditional ROI: 7.59%
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.	$262,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.03% Airbnb Rental Income: $null Traditional Rental Income: $2701 Airbnb ROI: N/A Traditional ROI: 8.03%
1904 Prairie St Grinnell, IA Step into this beautifully maintained multi-level home that boasts 1,624 square feet of co...	4 beds \| 2 baths \| 2,439 sq.ft.	$269,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.78% Airbnb Rental Income: $null Traditional Rental Income: $2960 Airbnb ROI: N/A Traditional ROI: 8.78%
500 Harrison Ave 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.	$209,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.72% Airbnb Rental Income: $null Traditional Rental Income: $2084 Airbnb ROI: N/A Traditional ROI: 7.72%
1324 Main St Grinnell, IA A classic four square, 2,182 sq ft (first two floors) plus another 462 sq ft of living spa...	5 beds \| 2 baths \| 2,186 sq.ft.	$297,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.97% Airbnb Rental Income: $null Traditional Rental Income: $2727 Airbnb ROI: N/A Traditional ROI: 6.97%
711 16th Avenue U202 #U202 Grinnell, IA This bright second-floor condo offers comfortable living with peaceful seasonal countrysid...	2 beds \| 2 baths \| 1,407 sq.ft.	$195,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.07% Airbnb Rental Income: $null Traditional Rental Income: $2222 Airbnb ROI: N/A Traditional ROI: 9.07%
812 6th Ave 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.	$290,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.81% Airbnb Rental Income: $null Traditional Rental Income: $2550 Airbnb ROI: N/A Traditional ROI: 6.81%
1710 Country Club Dr Grinnell, IA Character meets modern luxury in this meticulously maintained Dutch Colonial home located ...	3 beds \| 2 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%
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%
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%
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%
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%
515 Marvin Avenue Grinnell, IA Discover this inviting raised ranch on a spacious half-acre lot in Grinnell! Offering 3 be...	3 beds \| 3 baths \| 1,724 sq.ft.	$319,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.26% Airbnb Rental Income: $null Traditional Rental Income: $2347 Airbnb ROI: N/A Traditional ROI: 5.26%
1126 Summer Street Grinnell, IA Location, quality, and timeless character come together in this beautifully maintained 190...	4 beds \| 4 baths \| 4,185 sq.ft.	$429,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.65% Airbnb Rental Income: $null Traditional Rental Income: $3651 Airbnb ROI: N/A Traditional ROI: 6.65%

Real Estate investment in Grinnell, IA

There are 51 properties for sale in the city of Grinnell . The median list price in Grinnell is $212,000 and the average price per square foot is $103. In February 2026, the average monthly cash on cash return in Grinnell is 8.00%. The average monthly rental income in Grinnell is $2,136.

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

There are 51 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 $954.

Your search for investment property begins and ends here

Investment Property for Sale in Grinnell, IA

105 Broad St

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%

1527 Summer St

Grinnell, IA

2 beds | 1 baths | 1,187 sq.ft.

$199,900

Airbnb cash on cash: N/A

Traditional cash on cash: 3.81%

Airbnb Rental Income: $null

Traditional Rental Income: $1246

Airbnb ROI: N/A

Traditional ROI: 3.81%

1426 Prince St

Grinnell, IA

2 beds | 1 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%

1003 East St

Grinnell, IA

2 beds | 1 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%

503 Harrison Ave

Grinnell, IA

3 beds | 2 baths | 1,333 sq.ft.

$297,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.41%

Airbnb Rental Income: $null

Traditional Rental Income: $2216

Airbnb ROI: N/A

Traditional ROI: 5.41%

1012 Summer St

Grinnell, IA

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

$245,000

Airbnb cash on cash: N/A

Traditional cash on cash: 9.23%

Airbnb Rental Income: $null

Traditional Rental Income: $2779

Airbnb ROI: N/A

Traditional ROI: 9.23%

612 Prairie St

Grinnell, IA

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%

1801 10th Avenue Pl

Grinnell, IA

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