303-305 NW Valley View Drive, Grimes, IA 50111

$348,400
4
BD
2
BA
1,520
SqFt

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List Price
$348,400
Status
ACTIVE
MLS#
751798
Year Built
1977
Bedrooms
4
Bathrooms
2
Living Area
1,520
Lot Size
11,202
Region
Grimes

Property Description

Fantastic opportunity to own a well-maintained, income-producing ranch-style duplex in a desirable Grimes location! Offering 1,520 square feet, this attractive property provides an exceptional opportunity for investors looking to expand their rental portfolio or buyers interested in owner-occupied investment potential. Each unit features its own private fenced backyard, detached one-car garage, and basement, providing comfortable and functional living spaces. Unit 303 offers 3 bedrooms, 2 bathrooms, and a finished lower level featuring a spacious bedroom, half bath, and walk-in closet. Unit 305 features 2 bedrooms, 1 bathroom, and a lower level with an egress window offering potential for additional finished living space, subject to applicable requirements. Both units have benefited from updates to kitchens, bathrooms, flooring, and stainless steel appliances, providing modern conveniences and attractive finishes. Each residence also includes its own washer and dryer! Investors will appreciate the separately metered gas, electric, and water utilities, all paid directly by tenants, helping minimize operating expenses. Tenants also handle lawn care and snow removal, reducing ongoing maintenance responsibilities. Currently owner-managed. Conveniently located near Grimes shopping, dining, parks, and everyday amenities, this versatile duplex combines established rental income, desirable updates, private outdoor spaces, and excellent investment potential.

Additional Information

Street Name
NW Valley View Drive
Agent Id
3967
Basement
Finished, Unfinished
Foundation
Block
Garage
Yes
Zip
50111
Region
Grimes
Style
Ranch
City
Grimes
Acres
0.26
School District
Dallas Center-Grimes
Zoning
R4

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Listing courtesy of RE/MAX Concepts.

Data courtesy of the Des Moines Area Association of REALTORS