1053 3rd Street NW Grand Rapids, MI $ 725,000
1053 3rd Street NW
$ 725,000
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1053 3rd Street NW

Grand Rapids, MI, 49504
$ 725,000
Baths0.0

Monthly Estimate*

$ 4,464

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Studio

Multi-Family Home for sale in Grand Rapids, MI

for $725,000. This home was built in 1870 on a lot size of 0.08.

Well-maintained 3-unit income property located in the heart of Grand Rapids' west side. This property features 3 residential units across 2 separate buildings, offering flexibility for investors or owner-occupants. Situated on a 60 ft road frontage lot, the parcel provides approximately 2,942 sq ft of total building area and ample off-street parking with up to 6 spaces. The property includes basement space, separate living areas, and multiple unit layouts. Conveniently located near downtown Grand Rapids, major highways, public transportation, schools, and local amenities.

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Multi-Family Active

Price

$ 725,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 2,340

Style

2 to 4 Units

Lot Size

0.08

Year Built

1870

Town/City

Grand Rapids

County/Region

Kent

MLS | Web ID

26002440

Features
General
Sewer Public Sewer
Heating Forced Air
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 Wood Siding
Year Built 1870
Tenant Pays None
Township City of Grand Rapids
Property Subtype 2 to 4 Units
Tax Year 2025
Waterfront Features Other
County Kent
New Construction N
Property Type Multi Family
Attached Garage N
Status Active
Directions U.S. 196 to Lane Ave North to 3rd St NW West to address
City Grand Rapids
High School District Grand Rapids
Zoning Description TN-TBA
Number Of Units Total 3
MLS Area Grand Rapids - G
Lot Size Units Acres
Lot Size Square Feet 3554.0
Listing Terms Cash Conventional
Land Lease Y/N N
Tax Annual Amount 2340.26
Lease Renewal Y/N N
MLS Area Minor Grand Rapids - G
Additional Parcels Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Tenant
Tax Assessed Value 53304
Legal Description LOT 4* G M BARKERS SUBDIVISION
Senior Community None
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Interior
Basement Full
Basement (Y/N) Y
Heating Y/N Y
Laundry Features Common Area Laundry Room
Total Baths 0
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Exterior
Parking Features Paved
Lot Features Wooded
Total Parking 6.0
Lot Size Area 0.08
Number of Buildings 2
Spa N
Lot Dimensions 60 X 104
Lot Size Acres 0.08
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 1053
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* Excluded Features
List By
Lake Michigan Realty Mgmt

Broker

javier@lmrealtym.com

Email

Affordability Calculator

$4,659
Per Month
96%
4%
0%
Monthly Principal & Interest
$4,464
Monthly Property Taxes
$195
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
1/20/2026$725,000 Listed Price

Map


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1053 3rd Street NW, Grand Rapids, MI, 49504 is a Multi-Family Home for sale at $725,000 with a lot size of 0.08. 1053 3rd Street NW is a studio with 0.0 baths and was built in 1870. The property's zip code is 49504 which is in Grand Rapids, MI