502 2nd St, Griswold, IA 51535

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Sold Price
$162,000
List Price
$175,000
Status
CLOSED
Closing Date
Jan 22, 2026
MLS#
6325234
Subtype
Commercial Sale
Year Built
1903
Lot Size
6,098
Acres
0.14

Property Description

This is a well-maintained and professionally managed 5-plex multi-unit dwelling. Apartments 1, 4 and 5 are 1-bedroom/1-bathroom units. Apartments 2 and 3 are 2-bedroom/1-bathroom units. There is a common laundry room/utility room in the basement with two washers and two dryers for apartments 1 through 3 to share. Apartments 4 and 5 have washer and dryer hookups in their units. Owner provides water, sewer and trash service for tenants as well as lawn maintenance and snow removal. Tenants are responsible for electricity, gas and tv/internet service. This is an excellent investment opportunity with professional property management already in place.

Additional Information

Taxes
$2,102
Flooring
Carpet, Vinyl
Appliances
Refrigerator, Washer, Dryer
Heating
Forced Air
Air Conditioning
Central Air
Roof
Metal
Parking Features
On Street

How much is your home worth?

...get instant property value now!

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of with Rubey Realty

Selling Office: Rubey Realty.