116 Coleman Street Grand Rapids, MI $ 999,950
116 Coleman Street
$ 999,950
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116 Coleman Street

Grand Rapids, MI, 49548
$ 999,950
Baths0.0 Sq 5,900

Monthly Estimate*

$ 6,238

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Studio

Multi-Family Home for sale in Grand Rapids, MI

for $999,950. This 5,900 square foot home was built in 1984 on a lot size of 0.58.

Great opportunity for medium size investor or investment group, this solid brick building includes seven 2-bedroom units and one 1-bedroom unit, coin operated laundry, and two furnace rooms. Tenant pays their own heating/cooling and electrical; landlord pays for gas/electric in the common areas. There is an 8-car carport plus open air parking for 8 more vehicles. We also have listed an 8-unit building to the east (146 Coleman), which is also available for $999,950. This is a one owner building purchased 40 years ago and has been a great investment. Low taxes, low regulation Gaines Township is also a bonus. Call L.S. Dwight Berens only for more information. All offers due Fri 10/17 5:00 pm

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Multi-Family Pending

Price

$ 999,950

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 6,800

Style

Lot Size

0.58

Year Built

1984

Town/City

Grand Rapids

County/Region

Kent

MLS | Web ID

70498371

Features
General
Heating Forced Air
Garage Carport
Status Pending Pending
Year Built 1984
County Kent
Class MULTIFAMILY
Type Multi-Family
Net Income 37000
Municipality Gaines Twp
Zoning Commercial
Subdivision MI
Sale/Rent For Sale
Status Detail 0
Area Gaines Twp (41010)
Primary City Grand Rapids
Directions East off 7400 block of S Division
City Grand Rapids
School District Kentwood Public Schools
Financial Terms Cash Conventional
Legal Description LOTS 266 TO 270 INCL ALSO W 10 FT OF LOT 271 * FONTENELLE GARDENS
DOM 14
Postal Code 49548
Price Per Sq Ft Total AG 169.48
Public Remarks Great opportunity for medium size investor or investment group this solid brick building includes seven 2-bedroom units and one 1-bedroom unit coin operated laundry
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Exterior
Exterior Brick
Frontage 210
Lot Size Area 0.58
Lot Dimensions 210x120x210x120
Roads City/County Paved Street
Waterfront Y/N No
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Interior
Total Number of Units 8
Fuel Type Natural Gas
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* Excluded Features
List By
Dwight Berens

Listing Agent

Re/Max Of Grand Rapids (Stndl)

Broker

dberenshomes@gmail.com

Email

Affordability Calculator

$6,805
Per Month
92%
8%
0%
Monthly Principal & Interest
$6,238
Monthly Property Taxes
$567
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
2583948 Elementary School
2583867 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/8/2025$999,950 Listed Price

Map


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116 Coleman Street, Grand Rapids, MI, 49548 is a Multi-Family Home for sale at $999,950 with 5,900 sqft and a lot size of 0.58. 116 Coleman Street is a studio with 0.0 baths and was built in 1984. The property's zip code is 49548 which is in Grand Rapids, MI