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

1053 3rd Street

^$ 725,000

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1053 3rd Street

Grand Rapids, MI, 49504

^$ 725,000

Studio Baths0.0 Sq 2,942

Monthly Estimate*

^$ 4,464

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Studio

Multi-Family Home for sale in Grand Rapids, MI

for $725,000. This 2,942 square foot 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.

Multi-Family Active

Price

^$ 725,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 2,340

Style

Lot Size

0.08

Year Built

1870

Town/City

Grand Rapids

County/Region

Kent

MLS | Web ID

70512125

Features

General

Heating Forced Air

Status Active Active

Year Built 1870

County Kent

Class MULTIFAMILY

Type Multi-Family

Municipality Grand Rapids

Subdivision MI

Sale/Rent For Sale

Status Detail 0

Area Grand Rapids (41032)

Primary City Grand Rapids

Directions U.S. 196 to Lane Ave North to 3rd St NW West to address

City Grand Rapids

School District Grand Rapids City School Distric

Financial Terms Cash Conventional

Legal Description LOT 4* G M BARKERS SUBDIVISION

DOM 1

Postal Code 49504

Price Per Sq Ft Total AG 246.43

Public Remarks 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

Exterior

Exterior Wood

Frontage 60

Lot Size Area 0.08

Lot Dimensions 60 X 104

Lot Description Wooded

Roads City/County Paved Street

Waterfront Y/N No

Interior

Total Number of Units 3

Fuel Type Natural Gas

* Excluded Features

List By

Javier Rodriguez

Listing Agent

Lake Michigan Realty Mgmt

Broker

javier@lmrealtym.com

Affordability Calculator

$4,659

Per Month

Monthly Principal & Interest: $4,464
Monthly Property Taxes: $195
Monthly Home Insurance: --

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Yearly 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

Trends
Schools

Multi-family listings in Grand Rapids, MI

Average List Price ^$511,361

Percent of Sale Price 29%

About Grand Rapids, MI

199,553 Population

1% Since 2002

^$43,558 Median Income

34 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

3147031 Elementary School

3147033 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
1/20/2026	$725,000		Listed Price

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1053 3rd Street, Grand Rapids, MI, 49504 is a Multi-Family Home for sale at $725,000 with 2,942 sqft and a lot size of 0.08. 1053 3rd Street 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

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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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1053 3rd Street

Multi-Family Home for sale in Grand Rapids, MI

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