Multi-Family: MLS #65026006764 City of Grand Rapids, MI $ 665,000
Multi-Family: MLS #65026006764
$ 665,000
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Multi-Family: MLS #65026006764

City of Grand Rapids, MI, 49503
$ 665,000
Baths0.0

Monthly Estimate*

$ 4,095

MLS #/Web ID: 65026006764 - Image 1
MLS #/Web ID: 65026006764 - Image 2
MLS #/Web ID: 65026006764 - Image 3
MLS #/Web ID: 65026006764 - Image 4
MLS #/Web ID: 65026006764 - Image 5
Studio Multi-Family Home for sale in City of Grand Rapids, MI for $665,000. This home was built in 1900.

Exceptional mixed-use investment opportunity in the heart of Grand Rapids! Located on the vibrant South Division Avenue corridor, this property offers two spacious apartments and two leased commercial spaces, delivering immediate, diversified cash flow with established tenants already in place. Street-level commercial units benefit from high visibility and strong foot traffic, while the generously sized residential units attract quality long-term tenants. Whether you're expanding your portfolio or seeking an owner-occupy opportunity, this property delivers prime urban positioning amid the continued growth and revitalization of downtown Grand Rapids. Don't miss your chance to own a piece of one of Michigan's most dynamic real estate markets!Opportunity to bump rents and make improvements to commercial spaces as well.This property requires a accepted LOI in order to show.Please do not contact or disrupt tenants.

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Multi-Family Active

Price

$ 665,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 7,058

Style

MultiFamily

Year Built

1900

Town/City

City of Grand Rapids

County/Region

KENT

MLS | Web ID

65026006764

Features
General
Sewer PublicSewer SewerAtStreet
Heating ForcedAir NaturalGas
Cooling CentralAir
Utilities ElectricityConnected NaturalGasConnected SewerConnected
Possession CloseOfEscrow
Roof Rubber
Construction Materials Brick
Year Built 1900
Property Subtype MultiFamily
Tax Year 2025
Community Features Sidewalks
County Kent
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Garage Y/N N
Status Active
Directions Take Cherry south to Division turn east on Division property has a blue garage door.
City GrandRapidsCity_Kent
Senior Community Y/N N
High School District GrandRapids
Zoning Description Other
Number Of Units Total 4
MLS Area Area41142GrandRapids
Lot Size Units SquareFeet
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 7058.41
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
Standard Status Active
Tax Assessed Value 127991
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Exterior
Water Source Public
Total Parking 4.0
Lot Size Area 3703.0
Foundation Details MichiganBasement
Number of Buildings 1
Spa N
Lot Dimensions 50x48
Lot Size Acres 0.0
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Laundry Features CommonArea
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* Excluded Features
List By
Paul H DeBoer

Listing Agent

Apex Realty Group

Broker

(616) 566-9031

Phone

Affordability Calculator

$4,683
Per Month
87%
13%
0%
Monthly Principal & Interest
$4,095
Monthly Property Taxes
$588
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
2/25/2026$665,000 Listed Price

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