1027 Jennette Avenue NW Grand Rapids, MI $ 349,900
1027 Jennette Avenue NW
$ 349,900
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1027 Jennette Avenue NW

Grand Rapids, MI, 49504
$ 349,900
Baths0.0

Monthly Estimate*

$ 2,183

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Studio

Multi-Family Home for sale in Grand Rapids, MI

for $349,900. This home was built in 1890 on a lot size of 0.11.

Welcome home to 1027 Jennette Ave Northwest! This clean and renovated multifamily property offers two spacious units on Grand Rapids' highly sought-after Northwest side, just minutes from downtown. This duplex features a 3 bedroom 1 bathroom upstairs unit and a 3 bedroom 1 bath downstairs unit. Upstairs is currently rented at $1,850 with a great tenant. Downstairs has been renovated and owner just signed new year lease for $1875, bringing the total monthly rental income to $3,725. This home offers a small covered front and upstairs porch for added outdoor space. There is an alley behind the home with concrete pad for parking. Separate electric meters paid by tenants, owner pays gas/ water.

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Multi-Family Pending

Price

$ 349,900

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 1,681

Style

2 to 4 Units

Lot Size

0.11

Year Built

1890

Town/City

Grand Rapids

County/Region

Kent

MLS | Web ID

25046479

Features
General
Sewer Public Sewer
Heating Forced Air
Cooling Window Unit(s)
Utilities Phone Available Natural Gas Available Electricity Available Cable Available Phone Connected Natural Gas Connected Electricity Connected Cable Connected Storm Sewer
Possession Close Of Escrow
Roof Composition
Construction Materials Vinyl Siding
Year Built 1890
Tenant Pays Electric
Township City of Grand Rapids
Property Subtype 2 to 4 Units
Tax Year 2024
Gross Income 44700.0
County Kent
Net Operating Income 39747.0
Operating Expense 6381.0
Insurance Expense 1200.0
New Construction N
Property Type Multi Family
Attached Garage N
MaintenanceExpense 500.0
Status Pending
Directions leonard exit on 131. head west. left on Jennette st head south
City Grand Rapids
High School District Grand Rapids
Zoning Description RES
Number Of Units Total 2
MLS Area Grand Rapids - G
Lot Size Units Acres
Lot Size Square Feet 4680.0
Listing Terms VA Loan MSHDA FHA Cash Conventional
Land Lease Y/N N
Tax Annual Amount 1681.07
Lease Renewal Y/N N
MLS Area Minor Grand Rapids - G
Additional Parcels Y/N N
Rent Control Y/N N
Virtual Tour https://my.matterport.com/show/?m=SBAgVbnLRJx
Standard Status Pending
Tax Assessed Value 32591
Legal Description LOT 20* STOCKING S ADDITION
Senior Community None
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Interior
Basement Crawl Space Michigan Basement Partial
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Laundry Features In Basement
Total Baths 0
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Exterior
Parking Features Concrete Driveway
Lot Features Level
Total Parking 2.0
Lot Size Area 0.11
Number of Buildings 1
Spa N
Lot Dimensions 45x105
Lot Size Acres 0.11
Road Surface Type Paved
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 1027
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* Excluded Features
List By
Re/Max United (Main)

Broker

zedlouis@gmail.com

Email

Affordability Calculator

$2,323
Per Month
94%
6%
0%
Monthly Principal & Interest
$2,183
Monthly Property Taxes
$140
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
250213 Elementary School
249218 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/10/2025$349,900 Listed Price

Map


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1027 Jennette Avenue NW, Grand Rapids, MI, 49504 is a Multi-Family Home for sale at $349,900 with a lot size of 0.11. 1027 Jennette Avenue NW is a studio with 0.0 baths and was built in 1890. The property's zip code is 49504 which is in Grand Rapids, MI