938 5th Street Grand Rapids, MI ^$ 290,000

938 5th Street

^$ 290,000

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Recently Listed

938 5th Street

Grand Rapids, MI, 49504

^$ 290,000

Studio Baths0.0 Sq 2,288

Monthly Estimate*

^$ 1,786

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Studio

Multi-Family Home for sale in Grand Rapids, MI

for $290,000. This 2,288 square foot home was built in 1915 on a lot size of 0.13.

Great investment opportunity on the NW side of Grand Rapids! This 2-family unit features two identical units, each offering a spacious living room, 2 bedrooms, dining room, and kitchen complete with stove and refrigerator, along with a full bathroom and private back deck. Separate utilities for each unit add convenience, with shared laundry located in the basement. The exterior boasts low-maintenance aluminum siding, plus a 2-stall garage and additional carport for ample parking. Ideal for investors or owner-occupants alike! Lower unit rent: $1,110 Upper unit rent: $1,295

Multi-Family Active

Price

^$ 290,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 5,311

Style

Lot Size

0.13

Year Built

1915

Town/City

Grand Rapids

County/Region

Kent

MLS | Web ID

70526901

Features

General

Heating Forced Air

Cooling None

Garage Additional Garage(s)

Status Active Active

Year Built 1915

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 S Off Walker On Pine E On 5th St To Home

City Grand Rapids

School District Grand Rapids City School Distric

Financial Terms Cash Conventional FHA VA

Legal Description W 46 1/2 FT OF LOTS 17 & 18* C L COVELL S ADDITION* ALSO PART OF LOT 24 MOLLOY S PINE AVENUE ADD COM ON E LINE SD LOT 24 AT A PT 23 FT N LY FROM SE COR THEREOF TH W LY PAR S LY LINE SD LOT 24 4 FT TH

DOM 1

Postal Code 49504

Price Per Sq Ft Total AG 126.75

Public Remarks Great investment opportunity on the NW side of Grand Rapids! This 2-family unit features two identical units each offering a spacious living room 2 bedrooms dining room

Interior

Basement MI Basement

Total Number of Units 2

Fuel Type Natural Gas

Exterior

Exterior Aluminum

Frontage 48

Lot Size Area 0.13

Lot Dimensions 48x122

Lot Description Sidewalks

Roads Paved Street

Waterfront Y/N No

* Excluded Features

List By

Connor Anderson

Listing Agent

Reside Grand Rapids

Broker

connor@buysellinvest.co

Affordability Calculator

$2,228

Per Month

Monthly Principal & Interest: $1,786
Monthly Property Taxes: $443
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 ^$402,234

Percent of Sale Price 39%

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
4/22/2026	$290,000		Listed Price

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938 5th Street, Grand Rapids, MI, 49504 is a Multi-Family Home for sale at $290,000 with 2,288 sqft and a lot size of 0.13. 938 5th Street is a studio with 0.0 baths and was built in 1915. 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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938 5th Street

Multi-Family Home for sale in Grand Rapids, MI

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