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

City of Grand Rapids, MI, 49507
$ 329,500
Bedrooms4 Baths0.0 Sq 3,292

Monthly Estimate*

$ 2,029

23 Burton Street SW, City of Grand Rapids, MI 49507 - Image 1
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23 Burton Street SW, City of Grand Rapids, MI 49507 - Image 18
Multi-Family Home for sale in City of Grand Rapids, MI for $329,500 with 4 bedrooms. This 3,292 square foot 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 Pending

Price

$ 329,500

Bedrooms

4

Property Type

Multi-Family

Taxes

$ 4,850

Style

MultiFamily

Lot Size

0.1

Year Built

1905

Town/City

City of Grand Rapids

County/Region

KENT

MLS | Web ID

65026020646

Features
General
Sewer PublicSewer
Heating ForcedAir NaturalGas
Utilities ElectricityConnected NaturalGasConnected
Possession CloseOfEscrow
Roof Composition
Construction Materials AluminumSiding
Year Built 1905
Property Subtype MultiFamily
Tax Year 2025
County Kent
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Garage Y/N N
Status Pending
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 4850.49
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
Building Area Units SquareFeet
Standard Status Pending
Occupancy Type Tenant
Tax Assessed Value 96474
Legal Description 411701480041 LOT 7* ELSTON SECOND ADDITION
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Interior
Basement Full
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Laundry Features None
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Exterior
Parking Features Unpaved
Water Source Public
Total Parking 4.0
Lot Size Area 4400.0
Foundation Details MichiganBasement
Number of Buildings 1
Spa N
Building Area Total 3292.0
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
Rahel A Gebrekristos

Listing Agent

Urban Pharm, Llc

Broker

(616) 485-2189

Phone

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
4909624 Elementary School
4909684 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, City of Grand Rapids, MI, 49507 is a Multi-Family Home for sale at $329,500 with 3,292 sqft and a lot size of 0.1. 23 Burton Street SW has 4 bedrooms, 0.0 baths, and was built in 1905. The property's zip code is 49507 which is in City of Grand Rapids, MI