Now offering this solid 8-unit real estate investment opportunity in Grand Rapids, Michigan. Situated in a high-rent district and close to shopping, restaurants, highways, hospitals and more. All 8 units have been tastefully remodeled, and the property is completely turnkey. Each unit features 2 sizable bedrooms, 1 bathroom, updated kitchen and living room spaces and private laundry. Plenty of private off-street parking available. New roofs, Pella windows, A/C units and furnaces as of 2 years ago. Tenants pay all utilities except for water. Possible value-add with garden unit development in the basements. Don't miss out on this opportunity to build your rental portfolio!
Located in the highly sought-after Fulton Heights neighborhood of Grand Rapids, this duplex presents an exceptional investment opportunity in one of Michigan's most vibrant and rapidly growing cities. Offering the potential for steady rental income, this property is perfectly positioned in an area renowned for its dynamic economy, strong rental demand, and thriving real estate market.Set on a double-sized lot, the property includes a generous 2-stall garage, currently utilized by tenants for additional storage, adding value and convenience for the renters. Both units are fully leased through July 2025, providing an immediate, reliable income stream for the new owner. Plus, the City of Grand Rapids rental certificate is valid through May 2028.Recent upgrades to the property, completed within the past year, enhance its overall appeal and functionality. With ample parking and a desirable location just minutes from downtown Grand Rapids, this duplex is an ideal addition to any investor's portfolio. Whether you're looking to expand your rental holdings or enter the Grand Rapids market, this property offers long-term growth potential and a prime opportunity in a neighborhood that continues to attract attention. Don't miss your chance to secure this incredible investment. Schedule your showing today!
This remodeled duplex in the vibrant NW near downtown features 2 spacious units: a 2 Bedroom and a 3 bedroom. Each offering a comfortable design and functionality. Both units have a large open space for living room and dining room creating a cozy atmosphere for relaxing or entertaining. Upstairs unit has remodeled kitchen and bathroom. These 2 and 3 bedroom units provide a flexible option for family, roommates or work-from-home setups. Both units have a convenient mud rooms that helps keep main living area tidy. Downstairs unit has an enclosed front porch. Both units are vacant and move in ready. This property is perfect for owner occupant who can live in one unit and lease the other. It is a great opportunity to offset the mortgage or select their own tenants. This duplex offers
Duplex property consisting of 2 - 2 bedroom, 1-bathroom units. According to public record the property was built in 1916, offers 1,701 SF and is situated on 0.126 acres. Spacious backyard with ample on and off-street parking. Located minutes from Downtown Grand Rapids, offers easy access to both US-196 and US-131. Walking distance to the Leonard Street dining & entertainment district, as well as many local restaurants and pubs. City Certificate of Rental Compliance is good until 4.5.2025.
Introducing 804 Lake Dr - a beautifully updated duplex in the heart of Grand Rapids! This turn-key property blends modern amenities with classic charm, ideally situated near downtown, parks, shopping, and popular dining spots.Unit 1 features a spacious 3-bedroom, 1-bath layout, complete with a stunningly renovated kitchen, stainless steel appliances, an in-unit washer/dryer, and hardwood floors throughout.Unit 2 offers a completely renovated 2-bedroom, 1-bath layout, with an additional den/office, new windows, stainless steel appliances, an in-unit washer/dryer, abundant natural light, and a large second-story deck.This home is not located in a historic district.This duplex offers a unique opportunity to own a turn-key property in a high-demand neighborhood.
Almost a block North of MLK Jr. St and just one block south of Heritage Hill. Well kept two family with Kit,Din,LR,2 Bds,Bath and main floor laundry on the main floor. Not presently rented. Call LS for code. Upstairs is Kit,3 Bds, LRm, Bath. Each apt is approx. 1000Sq.Ft. Units have been updated with newer furnaces kitchens and baths. Separate utilities. Michigan basement storage. No garage, but off-street parking.Current Certificate of Compliance, expires 04/03/2029OFFER DEADLINE 11/18/2024 @NOON.
NW side 2 unit with 2 bedrooms down and possible second bedroom up, Includes 2-stall garage and additional full bath down. Tenants just moved out and units are move-in-ready. Certificate of occupancy has expired and needs to be renewed. Basement has both an inside and a outside entrance.
Beautifully maintained and meticulously cared for 3-unit in the heart of Heritage Hill. Perfect for owner occupant or to add to your portfolio. Great rental history. The exceptional 2 floor owner's unit boasts many historic features - original hardwoods, original wood trim and leaded glass windows and includes 2 bedrooms, one with walk in closet, office, spacious living room with fireplace, sunroom, updated kitchen with canopy hood vent and island, dining room with beamed ceiling, and 1.5 baths. The second and third floors both feature a 1 bed/1 bath apartment in great condition. Almost everything has been updated including roof, A/C, electrical, plumbing, storms, landscaping and more.
Welcome to 1566 Wealthy St., a prime investment opportunity in the heart of the thriving East Town neighborhood. This 5-unit property is ideally located within walking distance to the best shops, restaurants, and attractions along Wealthy Street. With strong rental income and excellent growth potential, this is an ideal addition to any portfolio. The building also features convenient coin-operated laundry in the basement. Act fast--properties like this don't come around often!
Spacious 5-Bedroom Home with 2 Kitchens & Multiple Living OptionsThis versatile 5-bedroom, 2-bath home offers the perfect blend of space and function. With two fully equipped kitchens, it's ideal for multi-generational living, a guest suite, or rental income. A two-stall heated garage and long driveway provide ample parking. Enjoy crisp mornings on the front porch or entertain on the two-level back deck in the fully fenced backyard. The home also features a brand-new roof (2023), 2 furnaces, and 2 water heaters for year-round comfort.The main floor includes two bedrooms, one bath, and an open-concept kitchen/dining room with a cozy gas fireplace. Upstairs has three bedrooms, one bath, a second kitchen, and charming hardwood floors. The full basement provides generous storage space
Owner occupied or rental duplex on Grand Rapid's NW side. The lower level is a vacant 1 bedroom, 1 bath unit with an additional office/den. This home boasts a large kitchen with a center island and large front porch. The upper level is a 1 bedroom, 1 bath unit with a long-term tenant of 6 years. New windows in 2023. 1 stall garage and 2 additional parking spots off large, fenced in back yard. Professionally managed property.
Two blocks from Lincoln Park. Two blocks from some of the best food in town. This is a prime rental location with large units that are well kept Laundry is in both units. Front and rear staircases. Some newer windows. Separate util. Off-street parking. Lower unit is occupied by tenant who works nights. Lower unit rents for $1100. Please show after 3pm. No Sunday showings. There will be a keybox on upper vacant unit. Call listing agent at 616-459-3581
Welcome to 3339 Lake Drive! East Grand Rapids living without the taxes! This spacious duplex is in a prime location directly across the street from Calvin University's north entrance. Side by side layout with 4 bedrooms and 2 bathrooms on either side. Take the vacant unit as your own personal residence while you use the rental income to help with expenses, or rent both and enjoy the passive income! Investment properties like this don't come around often. Don't miss your chance to own it!
Forest Hills Schools/Investment/Owner Occupied Duplex Opportunity! This is a large up and down Duplex. The main floor has 5 legal bedrooms, 3 upper, 2 in basement. Two bathrooms, Kitchen, dining room with wood burning fireplace and a large family room. Laundry is in the basement. Garage and 3 separate entries. The lower unit needs some updating. The upper unit has 2 large bedrooms and 1.5 bathrooms. A laundry room, Kitchen, dining room with wood burning fireplace, a large living room and a beautiful deck looking over backyard area. Shared garage and 2 separate entries. Easy to rent and location is on bus route as well and very walkable area. Within a mile there are malls, restaurants and lots of shopping opportunities. This unit backs up to Calvin seminary housing and Calvin
Fantastic investment opportunity across from Fulton Street Farmers Market and Madcap Coffee! This multi-unit property offers an upper and lower unit, each with two bedrooms, a full bathroom, living and dining areas, and a spacious kitchen. The lower unit is appointed with stainless steel appliances, granite countertops, refinished hardwood floors, and a cozy screened porch ideal for morning coffee. The upper unit has been updated with a refreshed bathroom, fresh paint, and a private balcony with fantastic views. Both units share basement laundry facilities, and the property includes a one-stall garage plus additional off-street parking. Conveniently located just minutes from Eastown, Wealthy Street shopping, local colleges and universities, and Medical Mile, prime location--an outstanding
Welcome to 648 Lafayette. Your chance to start building your rental portfolio. This property offers a 3 bed 1.5 bath with a full studio in the basement. The studio apartment in the basement is new and the upstairs unit is in good shape. All of this walking distance to Medical Mile, GVSU medical Campus, Downtown, and everything Grand Rapids has to offer. Schedule your showing today!
Cash flowing duplex in the heart of Downtown Grand Rapids. Great little two unit duplex with newer windows, flooring, and appliances. Super convenient location with plenty of street parking. Both units are currently rented and this home has a city rental certificate good through July of 2028.
Introducing a fantastic multi-unit property featuring two homes, each boasting 4 bedrooms and 2 bathrooms. Both homes are situated on a single property and are currently generating a solid rental income of $1,500 per month. With modern updates throughout, this property offers a great investment opportunity in a prime location. Perfect for investors seeking consistent rental returns with high-quality renovations. Don't miss out on this excellent income-producing asset!
Introducing a fantastic multi-unit property featuring two homes, each boasting 4 bedrooms and 2 bathrooms. Both homes are situated on a single property and are currently generating a solid rental income of $1,500 per month. With modern updates throughout, this property offers a great investment opportunity in a prime location. Perfect for investors seeking consistent rental returns with high-quality renovations. Don't miss out on this excellent income-producing asset!
This professionally managed, turn-key 3 unit rental is in good shape and priced to sell. It features a private parking lot for up to 8 vehicles in addition to a nice two stall garage currently being rented separately. It has a new city certification and is located next to shops and restaurants in the Burton Heights neighborhood.All the units are up to code and all are occupied. You can see that many updates have been made to this property over the last ten years. This property is conveniently located less than 10 minutes from downtown. It is less than 500 feet from US 131 with a bus stop in front. This is a must see for any serious multi-family property buyer.
This professionally managed, turn-key four unit rental is in good shape and priced to sell. It is located next to shops and restaurants in the Burton Heights neighborhood. With two newly constructed single family homes located directly behind it. All the units are up to code and most are occupied. Many updates have been completed over the last ten years. This property is conveniently located less than 10 minutes from downtown. It is less than 500 feet from US 131 with a bus stop next door.This is a must see for any serious multi-family property buyer.
This professionally managed, turn-key four unit rental is in good shape and priced to sell. It is located next to shops and restaurants in the Burton Heights neighborhood. With two newly constructed single family homes located directly behind it. All the units are up to code and most are occupied. Many updates have been completed over the last ten years. This property is conveniently located less than 10 minutes from downtown. It is less than 500 feet from US 131 with a bus stop next door.This is a must see for any serious multi-family property buyer.
Introducing a prime investment opportunity in a bustling location! This multi 2-unit property features 2 bedrooms and 1 bathroom per unit and is currently undergoing a main floor renovation. Situated close to downtown and major hospitals, it's ideally positioned as a fantastic Airbnb option for traveling nurses and professionals. With modern updates and proximity to essential amenities, this property is set to attract high-quality tenants and guests alike. Don't miss your chance to own this versatile and lucrative asset!
Discover this beautifully remodeled 2-unit property close to downtown Grand Rapids! Each unit offers a spacious layout with 3 bedrooms and 1 bathroom, perfect for comfortable living. Modern finishes, updated kitchens, and stylish bathrooms make this property a standout. An excellent investment or a dream home with rental income potential. Enjoy the convenience of city living in a freshly renovated space!
The median home value in Grand Rapids, MI is $305,000. This is higher than the county median home value of $281,000. The national median home value is $338,100. The average price of homes sold in Grand Rapids, MI is $305,000. Approximately 51.75% of Grand Rapids homes are owned, compared to 41.49% rented, while 6.76% are vacant. Grand Rapids real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Grand Rapids real estate agent to arrange a tour today!
Grand Rapids, Michigan has a population of 197,858. Grand Rapids is less family-centric than the surrounding county with 27.72% of the households containing married families with children. The county average for households married with children is 33.51%.
The median household income in Grand Rapids, Michigan is $55,385. The median household income for the surrounding county is $69,786 compared to the national median of $69,021. The median age of people living in Grand Rapids is 31.5 years.
The average high temperature in July is 82.2 degrees, with an average low temperature in January of 17.6 degrees. The average rainfall is approximately 37.3 inches per year, with 64.2 inches of snow per year.