3201 Marshall Avenue SE Grand Rapids, MI $ 586,900
3201 Marshall Avenue SE
$ 586,900
Open House 4/17 5pm - 6pm
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3201 Marshall Avenue SE

Grand Rapids, MI, 49508
$ 586,900
Baths0.0

Monthly Estimate*

$ 3,614

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Studio

Multi-Family Home for sale in Grand Rapids, MI

for $586,900. This home was built in 1966 on a lot size of 0.34.

Incredible all-brick income property located at the end of a quiet cul-de-sac, fully rented with long-term tenants and offering exceptional updates and strong investment potential. Brand new coin-operated washer & dryer installed in 2026, providing additional income potential for investors, including a brand-new high-efficiency boiler, updated plumbing, and a new hot water heater -- all designed to reduce ongoing maintenance and lower utility costs (current gas bill averages approximately $150/month and water approximately $200/month. The units, 3201 AND 3203, has been fully remodeled with a brand-new kitchen, modern appliances, updated vinyl flooring, and fresh finishes throughout. The property offers excellent additional amenities, including a 5-stall garage, an extra storage shed, private backyard space, and basement storage rooms for tenants. There is also a coin-operated washer and dryer on-site, generating approximate

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Open House

4/17/2026 5:00 PM - 6:00 PM
3201 Marshall Avenue SE Grand Rapids, MI
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm

Multi-Family Active

Price

$ 586,900

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

2 to 4 Units

Lot Size

0.34

Year Built

1966

Town/City

Grand Rapids

County/Region

Kent

MLS | Web ID

26007237

Features
General
Sewer Public Sewer
Heating Hot Water
Cooling Wall Unit(s)
Utilities Natural Gas Connected
Possession Close Of Escrow Subject To Tenant Rights
Construction Materials Brick
Year Built 1966
Tenant Pays Electric
Township City of Grand Rapids
Property Subtype 2 to 4 Units
Tax Year 2025
County Kent
New Construction N
Property Type Multi Family
Attached Garage N
Status Active
Directions Eastern to 33rd E on 33rd to Marshall
City Grand Rapids
High School District Grand Rapids
Zoning Description RES
Number Of Units Total 4
Lot Size Units Acres
Lot Size Square Feet 14985.0
Listing Terms FHA Cash Conventional
Land Lease Y/N N
Tax Annual Amount 0.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Tenant
Tax Assessed Value 148360
Legal Description LOT 16 EX THE S 3 FT THEREOF* GREEN ACRES PLAT NO 1
Senior Community None
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Interior
Basement Full
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 0
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Exterior
Parking Features Paved
Total Parking 5.0
Lot Size Area 0.34
Number of Buildings 1
Spa N
Lot Dimensions 81 X 185
Lot Size Acres 0.34
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 3201
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* Excluded Features
List By
Lake Michigan Realty Mgmt

Broker

javier@lmrealtym.com

Email

Affordability Calculator

$3,614
Per Month
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Monthly Principal & Interest
$3,614
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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
3/25/2026$586,900 -2.17% Price Down
2/27/2026$599,900 Listed Price

Map


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3201 Marshall Avenue SE, Grand Rapids, MI, 49508 is a Multi-Family Home for sale at $586,900 with a lot size of 0.34. 3201 Marshall Avenue SE is a studio with 0.0 baths and was built in 1966. The property's zip code is 49508 which is in Grand Rapids, MI