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4 Beds
2 Baths
1,520 sqft

$348,400

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

Price per sqft$229.21
Built in1977
Property size1,520 sqft
Property typeMulti-family

Overview

Active

Listed Oct 23, 2026

Updated 31 min ago

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.

$2,318/mo

Est. mortgage payment based on a $348,400 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
751798

Interior Features

Bedrooms
4
Bathrooms
2
Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.26 Acres

Other Property Details

Taxes
$5,135
Tax Frequency
Annually
Garage
Yes

 

Courtesy of RE/MAX Concepts, Stephanie Thomas,
Listing Contact: (515) 771-7788 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Lynn Harder shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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