Property Attributes
- MLS#26050941
- TypeMulti-Family
- Listing Status Pending
- CountyKENT
- CityGrand Rapids
- AreaCity of Grand Rapids
- NeighborhoodCity of Grand Rapids
- Zip49503
- Style2 to 4 Units
- Year Built1902
- Taxes$ 4411
- Price$ 324,900
- Bedrooms0
- Full Bathrooms2
- Half Bathrooms0
- Lot Size0.08 Acres
Data Source:
Michigan Regional Information Center (MICHRIC)
Property Description
Exceptional investment opportunity in Grand Rapids! This duplex sits on a low-maintenance 3,311 sq ft lot and offers strong income potential. With market rents in the area averaging around $1,625 per unit, this property can yield a potential gross revenue of $3,300+ per month. A little TLC will easily maximize its value, but the property is completely functional and ready to rent as-is. Metered separately for maximum efficiency, each unit features its own electrical panel, furnace, and water heater. Whether you are looking for an addition to your rental portfolio or a house-hacking opportunity to live in one unit while collecting rent from the other, this solid multi-family property offers multiple pathways to build long-term equity.
| Price History | |
|---|---|
| 9/24/2026 | Listed $324,900 |
General Features
| Heating | Forced Air,Radiant |
|---|---|
| Cooling | None |
| Utilities | Natural Gas Connected,Electricity Connected |
| Possession | Close Of Escrow |
| Roof | Composition |
| Association Fee Includes | None |
| Construction Materials | Wood Siding |
| Year Built | 1902 |
| Tenant Pays | Electric,Water,Trash,Sewer,Gas |
| Township | City of Grand Rapids |
| Property Subtype | 2 to 4 Units |
| Tax Year | 2025 |
| OwnerPays | None |
| County | Kent |
| New Construction | No |
| Property Type | Multi Family |
| HOA | No |
| Status | Pending |
| Directions | US-131 or I-196 to College Ave S,East (Left) on Cherry St SE to 710. |
| City | Grand Rapids |
| High School District | Grand Rapids |
| Number Of Units Total | 2 |
| Lot Size Units | Acres |
| Lot Size Square Feet | 3311.0 |
| Listing Terms | Cash,Conventional |
| Land Lease Y/N | No |
| Tax Annual Amount | 4411.0 |
| Lease Renewal Y/N | No |
| Additional Parcels Y/N | No |
| Rent Control Y/N | No |
| Standard Status | Pending |
| Tax Assessed Value | 85422 |
| MobileHomeRemainsYN | No |
| Legal Description | N 100 FT OF E 1/2 OF LOT 3 BLK 2* SOUTHWICK S ADDITION |
| Senior Community | None |
Interior Features
| Basement | Daylight,Full |
|---|---|
| Basement (Y/N) | Yes |
| Air Conditioning Y/N | No |
| Heating Y/N | Yes |
| Laundry Features | In Basement,Sink |
| Total Baths | 2 |
Exterior Features
| Lot Features | Level,Sidewalk |
|---|---|
| Total Parking | 2.0 |
| Lot Size Area | 0.08 |
| Number of Buildings | 1 |
| Spa | No |
| Lot Dimensions | 33' X 100' |
| BuyerOfficeFax | 000-000-0000 |
| Lot Size Acres | 0.08 |
| Road Surface Type | Paved |
| Waterfront Y/N | No |
| Crops Included Y/N | No |
| Horse Y/N | No |
| Irrigation Water Rights Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 49503
In The Neighborhood
Grand Rapids
$ 299,900
- Type
- Multi-Family
- Rooms
- 0 Beds + 2 Baths
Grand Rapids
$ 279,000
- Type
- Multi-Family
- Rooms
- 0 Beds + 2 Baths
Grand Rapids
$ 245,000
- Type
- Multi-Family
- Rooms
- 0 Beds + 0 Baths
Grand Rapids
$ 260,000
- Type
- Multi-Family
- Rooms
- 0 Beds + 2 Baths
Grand Rapids
$ 259,900
- Type
- Multi-Family
- Rooms
- 0 Beds + 0 Baths
Grand Rapids
$ 428,000
- Type
- Multi-Family
- Rooms
- 0 Beds + 2 Baths
Grand Rapids
$ 369,900
- Type
- Multi-Family
- Rooms
- 0 Beds + 0 Baths
Grand Rapids
$ 845,000
- Type
- Multi-Family
- Rooms
- 0 Beds + 0 Baths
Grand Rapids
$ 410,000
- Type
- Multi-Family
- Rooms
- 0 Beds + 2 Baths
Grand Rapids
$ 420,000
- Type
- Multi-Family
- Rooms
- 0 Beds + 0 Baths
Grand Rapids
$ 260,000
- Type
- Multi-Family
- Rooms
- 0 Beds + 2 Baths
Grand Rapids
$ 384,900
- Type
- Multi-Family
- Rooms
- 0 Beds + 2 Baths
Grand Rapids
$ 299,900
- Type
- Multi-Family
- Rooms
- 0 Beds + 2 Baths
Listing information is provided by Participants of the MichRIC MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. ©: MichRIC MLS. Last Update September 25, 2026 9:36 PM UTC
Greater Lansing Association of Realtors® (GLAR) All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers