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

City of Grand Rapids, MI, 49504
$ 725,000
Baths0.0 Sq 2,942

Monthly Estimate*

$ 4,464

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Studio Multi-Family Home for sale in City of 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.

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Multi-Family Active

Price

$ 725,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 2,340

Style

MultiFamily

Lot Size

0.08

Year Built

1870

Town/City

City of Grand Rapids

County/Region

KENT

MLS | Web ID

65026002440

Features
General
Sewer PublicSewer SewerAtStreet StormDrain
Heating ForcedAir NaturalGas
Utilities CableConnected ElectricityConnected NaturalGasConnected PhoneAvailable PhoneConnected SewerConnected
Possession CloseOfEscrow
Roof Composition
Construction Materials WoodSiding
Year Built 1870
Property Subtype MultiFamily
Tax Year 2025
County Kent
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Garage Y/N N
Status Active
Directions U.S. 196 to Lane Ave North to 3rd St NW West to address
City GrandRapidsCity_Kent
Senior Community Y/N N
High School District GrandRapids
Zoning Description Other
Number Of Units Total 3
MLS Area Area41142GrandRapids
Lot Size Units SquareFeet
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 2340.26
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Building Area Units SquareFeet
Standard Status Active
Occupancy Type Tenant
Tax Assessed Value 53304
Legal Description LOT 4* G M BARKERS SUBDIVISION
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Interior
Basement Full
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Laundry Features CommonArea LaundryRoom
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Exterior
Parking Features Paved
Lot Features Wooded
Water Source Public
Total Parking 6.0
Lot Size Area 3554.0
Number of Buildings 2
Spa N
Building Area Total 2942.0
Lot Dimensions 60 X 104
Lot Size Acres 0.08
Road Surface Type Paved
Waterfront Y/N N
Crops Included Y/N N
Road Responsibility PublicMaintainedRoad
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
Javier Rodriguez

Listing Agent

Lake Michigan Realty Mgmt

Broker

(616) 559-7979

Phone

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
4909624 Elementary School
4909684 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, City of 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 NW is a studio with 0.0 baths and was built in 1870. The property's zip code is 49504 which is in City of Grand Rapids, MI