2 unit multi-family property located close to Downtown Grand Rapids. Walking distance to downtown, Cherry St Business District and Eastown. Spacious units with separate utilities.
This prime investment opportunity in the heart of Grand Rapids offers a 2-unit, income-producing multi-family property situated on a large lot with potential for future development. Located just a short walk from Bridge St Market and some of the city's most popular bars and restaurants, this property is perfect for both investors and owner-occupants. The first unit is a spacious and updated 3-bedroom, 1-bathroom space that is vacant and move-in ready. Unit 1offers the perfect opportunity for an owner occupant to purchase the property and use the income from unit 2 to help offset their mortgage payment with rental income from unit 2. The second unit is a cozy 2-bedroom, 1-bathroom apartment that is currently occupied by a long-term tenant, offering consistent rental income. The large lot
714 & 716 Butterworth features two homes on one lot with great rental history to GVSU students. Tenant leases in effect until 9/30/25 and 7/31/25. Recent updates include new roof in 2022, water heaters in 2013/2024, windows 2010, furnace 2013, electrical upgrades 2013. 716 Butterworth: This spacious home offers 4 bedrooms and 1.5 bathrooms, currently generating $2,000 per month in rent. 714 Butterworth: A well-maintained residence with 3 bedrooms and 1.5 bathrooms, bringing in $1,575 per month. Located in a prime rental area, this property is ideally situated near Grand Valley State University and downtown Grand Rapids. Both units boast strong rental histories and are positioned close to significant new developments.
714 & 716 Butterworth features two homes on one lot with great rental history to GVSU students. Tenant leases in effect until 9/30/25 and 7/31/25. Recent updates include new roof in 2022, water heaters in 2013/2024, windows 2010, furnace 2013, electrical upgrades 2013. 716 Butterworth: This spacious home offers 4 bedrooms and 1.5 bathrooms, currently generating $2,000 per month in rent.714 Butterworth: A well-maintained residence with 3 bedrooms and 1.5 bathrooms, bringing in $1,575 per month. Located in a prime rental area, this property is ideally situated near Grand Valley State University and downtown Grand Rapids. Both units boast strong rental histories and are positioned close to significant new developments.
714 & 716 Butterworth features two homes on one lot with great rental history to GVSU students. Tenant leases in effect until 9/30/25 and 7/31/25. Recent updates include new roof in 2022, water heaters in 2013/2024, windows 2010, furnace 2013, electrical upgrades 2013. 716 Butterworth: This spacious home offers 4 bedrooms and 1.5 bathrooms, currently generating $2,000 per month in rent.714 Butterworth: A well-maintained residence with 3 bedrooms and 1.5 bathrooms, bringing in $1,575 per month. Located in a prime rental area, this property is ideally situated near Grand Valley State University and downtown Grand Rapids. Both units boast strong rental histories and are positioned close to significant new developments.
Great opportunity to own an investment property or an owner-occupied situation. The lower unit has 3 bedrooms, and 1 bath, and was recently rented out for $1,485 a month and is now vacant. The upper unit has 2 bedrooms, and 1 bath, and is currently rented for $1,130 a month. Split utilities! The tenants pay for gas, electricity, trash, and recycling. The owner pays for landscaping and water. The roof was new in 2020. All original hardwood floors and vinyl windows. Both units have central air. There is a shared laundry room on the main floor in the back of the house. This also comes with a detached 2-stall garage.
Welcome to 718 Butterworth SW, a meticulously maintained duplex situated just outside downtown Grand Rapids and conveniently close to the GVSU campus. Recent updates in 2016 include furnace, water heater, kitchen appliances, electric upgrades, and the portion of the roof in the rear of the home. All new windows in 2010. This property features two spacious units, each with 2 bedrooms and 1 bathroom. Both units offer strong rental potential with Unit 1 currently renting for $1,100 per month and Unit 2 for $1,300 per month. With a solid rental history and a prime location, this property is an excellent investment opportunity. Close to GVSU Downtown Campus. Available for owner occupant.
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.
This 2 unit is in prime location close to East Town, Downtown, all the schools, and hospitals. Could be a great opportunity for investment or an owner occupant. The main unit has 2 bed 2 bath. it has a large living room/dining room. The upper unit is 1 bed 1 full bath. Both have separate access to the basement which has shared laundry. All unitalities are split. City certified till October 2027, schedule your private showing today.
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.
Investment Opportunity! Enjoy a combined rent of $2,295 with this occupied property, with tenants in-place until 2025. Professionally managed by a reputable property management company, offering a seamless transition to a new owner if interested. Features include a new furnace (2022) and city certification until 09/27/2027, vinyl siding and replacement windows. Situated in a great location within a strong rental market and close to amenities. Don't miss this chance to capitalize on strong rental demand and rising property values in Grand Rapids! Both units are occupied: Unit #1 is rented for $1,295/month until 03/31/25, and Unit #2 is rented for $1,000/month until 05/31/25
Huge Price reduction on this great investment opportunity! This is your opportunity to own your very own income producing duplex! Both units are 2 bed, 1 bath, with over 1000 square feet each. One unit is tenant occupied and leased for $1400 per month. The other unit is owner occupied and can easily be leases for the same or even more! There is off-street parking and a garage. Split utilities. Both furnaces and both water heaters are newer. Electrical has been redone. Spacious basement with laundry. City certified. Pictures are from prior to tenants' move in. Hurry and take a look as it won't last long!
Welcome to 325 Fuller AVE SE, a captivating 2-family home in Eastown, Grand Rapids, offering a blend of historic charm and convenience. Built in 1903 with a handsome HIP-style roof, this nearly 3,000 sq ft provides a unique living experience with separate gas and electricity for each unit. The vibrant neighborhood, known for its eclectic shopping, restaurants, and bars, enhances the property's appeal. Unit #1 on the ground floor features beautiful oak flooring, a spacious layout with large living and dining rooms separated by pocket doors, two bedrooms, and a bonus room perfect for a home office. The bathroom has a tiled shower, pedestal sink, and a linen closet, while eight recently replaced windows boost energy efficiency. Unit #2, freshly painted, mirrors the charm of Unit #1
Up down Duplex located near MLK Park. 2bed one bath on the lower level, 3 bed 1 bath on the upper. Separate furnaces and water heaters.
This well-maintained duplex is a rare and amazing opportunity for those looking to invest in real estate. Situated on East Grand Rapids, this property is perfect for generating a steady income. The duplex features two separate units. You'll love the modern interior with beautiful hardwood floors, renovated kitchen appliances and updated windows. The property is easy to maintain, with detached garage plus extra parking in the alley. The private backyard is perfect for hosting gatherings or simply relaxing outdoors. Both units are currently occupied; apt 1 move in 30days after closing, apt 2 with lease expiration on Jun 2025 Don't miss out on this fantastic opportunity to invest on real estate. $10K in seller concessions offered
Excellent investment or owner-occupant opportunity! This 2-unit duplex features 2,836 finished sq ft (1418 sq ft on the main & upper level), with each unit having three bedrooms and one full bath. Located on beautiful tree-lined Quarry Ave within walking distance to all the amenities of Alpine Ave & Leonard St, its location is ideal! The lower unit has new flooring in the LR and DR and newly refinished wood floors in the bedrooms. The lower unit includes a refrigerator, range/oven, dishwasher, in-unit washer and dryer, and microwave. The upper-level unit has laundry hook-ups in the basement, and includes range and microwave. Each unit is metered for their own gas and electric. The roof, both furnaces, windows, and siding are approximately 12 years old & the current City of GR
Discover this nicely updated upper unit featuring:2 bedrooms, spacious primary, 1 full bathroom with In-unit washer/dryer for convenience. Newer updated kitchen with all appliances included, fresh new flooring throughout and newer replacement windows providing ample natural light. Main floor unitSpacious 3-Bedroom Home with very large living room with Cathedral Ceilings! 1 full bath with in-unit washer/dryer, newer updated kitchen as well. Outside there is a deck for the main floor unit and off street parking, enough for 3 cars.
Wow!! Cash flowing investment property for under 200k! 2 Units. Unit 1: Upper Unit: 2 bedroom, 1 bath current rent is $1,100 per month. Unit 2: Lower: 3 bedroom, 1 bath, current rent is $1,000 per month. Total rents are $2,100 per month. Each unit has a kitchen with eating area. Large backyard, and off street parking. 2 new furnaces and 2 new water heaters Separate utilities. Property is near a major bus line. Tenant rights apply. 24 hour notice for all showings. Pre-approval letters or proof of funds required by seller before any showings are approved. Seller has 2 other properties for sale. MLS 24015903 & MLS 24015907
Wow!! Cash flowing investment property for under 200k! 2 Units. Unit 1: Upper: 1 bedroom, 1 bath, current rent is $1,200 per month Unit: 2 Lower: 2 bedrooms, 1 bath current rent is under maket rate at $900 per month. Potential total rents could be well over $2,000 per month. Interiors have cove ceilings, rooms are light & spacious. Large backyard. Separate utility meters. Off street parking and driveway. Located near a major bus lines, US 131, walking distance to Dickinson Elementary School & Hope Academy of West MI, Plaster Creek family park & the Kroc Center. Pre approval or proof of funds required by seller before any showings are approved. Seller has 2 other 2 family units for sale as well. MLS 24015907, & MLS 24015981
Wow!! Cash flowing investment property for under 200k! 2 Units. Unit 1: Upper: 1 bedroom, 1 bath, current rent is $1,200 per month Unit: 2 Lower: 2 bedrooms, 1 bath current rent is under maket rate at $900 per month. Potential total rents could be well over $2,000 per month. Interiors have cove ceilings, rooms are light & spacious. Large backyard. Separate utility meters. Off street parking and driveway. Located near a major bus lines, US 131, walking distance to Dickinson Elementary School & Hope Academy of West MI, Plaster Creek family park & the Kroc Center. Pre approval or proof of funds required by seller before any showings are approved. Seller has 2 other 2 family units for sale as well. MLS 24015907, & MLS 24015981
Solid 4-unit on the NW-perfect for investors. 4th unit is vacant, other 3 have long-term tenants on month-to-month leases. Plenty of off-street parking-alleyway in back has a lot that holds 4-5 vehicles and 3 along the side of the street out front. Separate entrances and split utilities. 2 furnaces in basement go to lower units, and and natural gas space heaters for upper units. 914 Lower unit has additional non-conforming bedroom in basement. Buyer to verify square footage.
Great investment opportunity on the west side of Grand Rapids. Corner lot commercial/Industrial/Multi-Family opportunity! Stand Alone building with three apartments upstairs, fenced yard, open commercial/industrial/retail space. Great owner user and redevelopment opportunity. All showings must be during normal business hours M-F 10am-4:00pm. Additional multi-family could be developed depending on plans and city approvals.Showings to be during Business hours only M-F 10am-4pm and Sat by appointment.
Great investment opportunity on the west side of Grand Rapids. Corner lot commercial/Industrial/Multi-Family opportunity! Stand Alone building with three apartments upstairs, fenced yard, open commercial/industrial/retail space. Great owner user and redevelopment opportunity. All showings must be during normal business hours M-F 10am-4:00pm. Additional multi-family could be developed depending on plans and city approvals.Showings to be during Business hours only M-F 10am-4pm and Sat by appointment.
The median home value in Grand Rapids, MI is $304,000. 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 $304,000. 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.