23 Burton Street SW Grand Rapids, MI $ 329,500
23 Burton Street SW
$ 329,500
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23 Burton Street SW

Grand Rapids, MI, 49507
$ 329,500
Baths0.0

Monthly Estimate*

$ 2,029

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Studio

Multi-Family Home for sale in Grand Rapids, MI

for $329,500. This home was built in 1905 on a lot size of 0.1.

Four-unit investment property Excellent opportunity to own a fully occupied four-unit property with solid rental history and immediate income. This multi-family asset features long-term tenants on the first floor, providing stability and consistent cash flow from day one. The lower level includes two units: one spacious 3-bedroom, 1-bath and one 2-bedroom, 1-bath. The upper level offers additional value with a 2-bedroom, 1-bath unit featuring a private balcony, along with a larger 4-bedroom, 1-bath unit--also with its own balcony--ideal for maximizing rental income. The property includes off-street parking accessible from the alleyway.

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Multi-Family Active

Price

$ 329,500

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 4,850

Style

2 to 4 Units

Lot Size

0.1

Year Built

1905

Town/City

Grand Rapids

County/Region

Kent

MLS | Web ID

26020646

Features
General
Heating Forced Air
Utilities Cable Available Natural Gas Connected Electricity Connected
Possession Close Of Escrow
Roof Composition
Construction Materials Aluminum Siding
Year Built 1905
Tenant Pays Electric Gas
Township City of Grand Rapids
Property Subtype 2 to 4 Units
Tax Year 2025
Ownership Private Owned
County Kent
New Construction N
Property Type Multi Family
Attached Garage N
Status Active
City Grand Rapids
High School District Grand Rapids
Zoning Description NA
Number Of Units Total 4
Lot Size Units Acres
Lot Size Square Feet 4400.0
Listing Terms FHA Cash Conventional
Land Lease Y/N N
Tax Annual Amount 4850.49
Lease Renewal Y/N N
Additional Parcels Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Tenant
Tax Assessed Value 96474
Legal Description 411701480041 LOT 7* ELSTON SECOND ADDITION
Senior Community None
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Interior
Basement Full Michigan Basement
Basement (Y/N) Y
Heating Y/N Y
Laundry Features None
Total Baths 0
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Exterior
Parking Features Unpaved
Total Parking 4.0
Lot Size Area 0.1
Number of Buildings 1
Spa N
Lot Dimensions 0.101
Lot Size Acres 0.1
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 23
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* Excluded Features
List By
Urban Pharm, Llc

Broker

rahel@urbanpharm.com

Email

Affordability Calculator

$2,433
Per Month
83%
17%
0%
Monthly Principal & Interest
$2,029
Monthly Property Taxes
$404
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
250213 Elementary School
249218 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/7/2026$329,500 Listed Price

Map


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23 Burton Street SW, Grand Rapids, MI, 49507 is a Multi-Family Home for sale at $329,500 with a lot size of 0.1. 23 Burton Street SW is a studio with 0.0 baths and was built in 1905. The property's zip code is 49507 which is in Grand Rapids, MI