1230-1246 Alpine Avenue Grand Rapids, MI ^$ 995,000

1230-1246 Alpine Avenue

^$ 995,000

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1230-1246 Alpine Avenue

Grand Rapids, MI, 49504

^$ 995,000

Studio Baths0.0 Sq 10,507

Monthly Estimate*

^$ 6,126

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Studio

Multi-Family Home for sale in Grand Rapids, MI

for $995,000. This 10,507 square foot home was built in 1888 on a lot size of 0.6.

High-Yield 13-Unit Portfolio | 0.6 Acres in Downtown Grand RapidsRare opportunity to acquire a stabilized, cash-flowing asset in the heart of Grand Rapids. This C+/B- class portfolio features 13 units spread across 6 homes on adjoining parcels, totaling 0.6 acres. With over $140,000 in annual gross rent and a history of low vacancy, this is a turnkey 'workforce housing' play. Major CapEx has already been addressed: all homes feature new roofs and the majority of furnaces have been recently updated. Controlled expenses and a prime location make this a premier addition to any institutional or private portfolio.

Multi-Family Pending

Price

^$ 995,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 12,404

Style

Lot Size

0.6

Year Built

1888

Town/City

Grand Rapids

County/Region

Kent

MLS | Web ID

70523014

Features

General

Heating Forced Air

Status Pending Pending

Year Built 1888

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

City Grand Rapids

School District Grand Rapids City School Distric

Financial Terms Cash

Legal Description LOT 1180* 1181* 1182* AND 1183* PANFIL S ASSESSOR S PLAT NO 54* OF LOTS 1 2 4 5 20 21 22 23 & 24 OF PATRICK TREGENT S ADD

DOM 14

Postal Code 49504

Price Per Sq Ft Total AG 94.7

Public Remarks High-Yield 13-Unit Portfolio 0.6 Acres in Downtown Grand RapidsRare opportunity to acquire a stabilized

Interior

Basement Other

Total Number of Units 13

Fuel Type Natural Gas

Exterior

Exterior Other Vinyl Siding

Frontage 194

Lot Size Area 0.6

Lot Dimensions 194x134

Lot Description Sidewalks

Roads City/County Paved Street

Waterfront Y/N No

* Excluded Features

List By

Ryan Ogle

Listing Agent

Exp Realty (Grand Rapids)

Broker

ryan@thinkbluhouse.com

Affordability Calculator

$7,160

Per Month

Monthly Principal & Interest: $6,126
Monthly Property Taxes: $1,034
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 ^$393,774

Percent of Sale Price 60%

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
4/3/2026	$995,000		Listed Price

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1230-1246 Alpine Avenue, Grand Rapids, MI, 49504 is a Multi-Family Home for sale at $995,000 with 10,507 sqft and a lot size of 0.6. 1230-1246 Alpine Avenue is a studio with 0.0 baths and was built in 1888. 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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1230-1246 Alpine Avenue

Multi-Family Home for sale in Grand Rapids, MI

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