Grand Rapids MI Multi Family for Sale

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Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.16 Acres
Year built:
1893
Baths:
MLS#:
70439076

ADDITIONAL INFORMATION

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!

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.09 Acres
Year built:
1885
Baths:
MLS#:
70438626

ADDITIONAL INFORMATION

Great TWO UNIT close to downtown Grand Rapids. Don't miss the opportunity to own in this up and coming neighborhood! Lower unit is a three bedroom with a large front porch. Upper unit is a one bedroom with separate entrance. Each unit has their own electric and gas meters. Schedule your showing today and make this your next investment property!

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.15 Acres
Year built:
1875
Baths:
MLS#:
70432432

ADDITIONAL INFORMATION

Whether you're an investor, a house-hacker, or a multi-generational family looking to be under one roof this is an opportunity not to be missed! Discover this rare chance to acquire a newly renovated duplex in thriving Creston Heights, with both units featuring 3 spacious bedrooms, an ample kitchen, and upscale finishes including LVP floors in all common spaces. Property comes with particular convenience for investors as both units are vacant, allowing new owners to set rents to current rates, projected at easily $1900 per unit. In addition, units come with separate utilities other than water, and immediate possession at closing. Schedule your showing now to take advantage of this unique opportunity. Seller is a licensed agent in the state of Michigan.

Type:
Multi-Family
Sq.Ft.:
4,147
Status:
Active
Beds:
n/a
Lot size:
0.24 Acres
Year built:
1936
Baths:
MLS#:
70425861

ADDITIONAL INFORMATION

Great opportunity! 4 units that has been flawlessly maintained by retiring owner for over 40 years. Metal roof on front 7-8 years old, shingled portion being replaced approx Nov 8th. 2 newer furnaces- 3 years. 4 new water heaters. Lots of laminate flooring, building + units all show nice. Low current rents, however all units have leases up soon. Projected market rents of $4700. Unit 1 could be 2 br = $1,200, #2 1 br = $1,000, #3 1 br = $1,000, #4 could be 3 br = $1,500. Separate gas + electric. Parking lot recently repaved w/8 spots. Fenced back yard 195' lot. City compliance thru 7/29/25.

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Andrea D. Conner, License 6502432340, Xome Inc., License 6505376883, [email protected], 844-400-XOME (9663), 71 Walnut, Suite 206, Rochester, MI 48307


Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2024 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2024 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.



Grand Rapids Real Estate

The median home value in Grand Rapids, MI is $247,900. This is lower 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 $247,900. 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 49505 has a population of 197,858. Grand Rapids 49505 is less family-centric than the surrounding county with 31.07% 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 49505 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 49505 is 31.5 years.

Grand Rapids Weather

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.

Grand Rapids Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    63
    30-day change

Grand Rapids Schools and Demographics

Education near Grand Rapids, MI

Metric City County
High School Graduates 88.68 92.1
College Degree - 2 year 7.56 9.11
College Degree - 4 year 38.78 38.1
Graduate Degree 9.65 10.24
Expenditures per Student 14,664 14,664
Students per Teacher 17 17

Elementary Schools near Grand Rapids, MI

School Grades Students P/T Ratio ZIP
Aberdeen Elementary School KG - 08 265 14.2 49505
Cesar E. Chavez Elementary PK - 05 514 18.9 49503
Kent Hills School PK - 05 320 17.2 49505
Knapp Charter Academy KG - 08 759 21.1 49525
Knapp Forest Elementary School PK - 06 662 18 49525
North Oakview Elementary School KG - 04 416 17.1 49525
Orchard View Elementary School KG - 06 595 16.1 49525
Palmer School PK - 05 274 18.8 49505
Southwest Community Campus School KG - 08 801 20.8 49503

Middle Schools near Grand Rapids, MI

School Grades Students P/T Ratio ZIP
Center for Economicology 06 - 06 60 28.6 49505
Crossroads Middle School 07 - 08 499 19.5 49525
Highlands School 05 - 06 462 17.3 49525
Northern Hills Middle School 07 - 08 568 17.5 49525
Northern Trails 5/6 School 05 - 06 555 16.6 49525
Riverside Middle School 06 - 08 238 11.4 49505

High Schools near Grand Rapids, MI

School Grades Students P/T Ratio ZIP
City Middle/High School 07 - 12 727 24.3 49505
Innovation Central High School 09 - 12 746 17.9 49503
Northern High School 09 - 12 1,125 18.4 49525
Northview High School 09 - 12 1,197 20.7 49525
Wellspring Preparatory High School 09 - 12 413 23 49505

Ungraded Schools near Grand Rapids, MI

School Grades Students P/T Ratio ZIP
Bethany Based School 04 - 12 25 6.2 49503
Grand Rapids Montessori Public School PK - 12 408 21.8 49503
Grand Rapids University Preparatory Academy 06 - 12 404 14.4 49503
Home Education Site 06 - 12 8 4 49505
Lighthouse Academy - North Campus 03 - 12 122 16.3 49503
Lighthouse Academy - St. Johns KG - 12 13 2.5 49505
Lighthouse Academy - Waalkes 03 - 12 54 18 49503
Lincoln Campus KG - 12 304 6 49525

Demographics near Grand Rapids, MI 49505

Metric Zip Code City
Neighborhood Type Suburban
Population 197,858 654,958
Population Density 4,453 772
Median Age 31.5 35.5
People per Household 2.5 2.6
Median Household Income 55,385 69,786
Average Income per Capita 29,060 35,751