Grand Rapids MI Multi Family for Sale
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.32 Acres
- Year built:
- 1920
- Baths:
- MLS#:
- 70426165
ADDITIONAL INFORMATION
Property also listed under MLS #24030370. Unique Investment Opportunity: Two Homes on One Property!This property offers the flexibility to live in one home while renting out the other, or maximize your investment by renting both homes. The main home features a spacious 4-bedroom, 1-bath layout, including a large living room and dining room, perfect for gatherings. The open kitchen is ideal for meal preparation, and the main level includes a primary bedroom and an additional bedroom, with two more bedrooms upstairs.The backyard is a standout feature, offering privacy and outdoor living space, along with a storage shed and deck. Additionally, there's a separate guest home that currently generates $850 in monthly rental income.
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Grand Rapids Real Estate
The median home value in Grand Rapids, MI is $269,100. 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 $269,100. Approximately 73.82% of Grand Rapids homes are owned, compared to 22.16% rented, while 4.02% 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 49525 has a population of 15,251. Grand Rapids 49525 is less family-centric than the surrounding county with 28.93% 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 49525 is $66,976. 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 49525 is 41.4 years.
Grand Rapids Weather
The average high temperature in July is 82.6 degrees, with an average low temperature in January of 15.7 degrees. The average rainfall is approximately 37 inches per year, with 63.1 inches of snow per year.