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

23 Burton Street

^$ 329,500

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23 Burton Street

Grand Rapids, MI, 49507

^$ 329,500

Studio Baths0.0 Sq 3,292

Monthly Estimate*

^$ 2,029

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Studio

Multi-Family Home for sale in Grand Rapids, MI

for $329,500. 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.

Multi-Family Active

Price

^$ 329,500

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 4,850

Style

Lot Size

0.1

Year Built

1905

Town/City

Grand Rapids

County/Region

Kent

MLS | Web ID

70530344

Features

General

Heating Forced Air

Status Active Active

Year Built 1905

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 Conventional FHA

Legal Description 411701480041 LOT 7* ELSTON SECOND ADDITION

DOM 10

Postal Code 49507

Price Per Sq Ft Total AG 100.09

Public Remarks

Interior

Basement MI Basement

Total Number of Units 4

Fuel Type Natural Gas

Exterior

Exterior Aluminum

Frontage 44

Lot Size Area 0.1

Lot Dimensions 0.101

Roads Paved Street

Waterfront Y/N No

* Excluded Features

List By

Rahel Gebrekristos

Listing Agent

Urban Pharm, Llc

Broker

rahel@urbanpharm.com

Affordability Calculator

$2,433

Per Month

Monthly Principal & Interest: $2,029
Monthly Property Taxes: $404
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 ^$418,530

Percent of Sale Price 27%

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
5/7/2026	$329,500		Listed Price

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23 Burton Street, 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 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

*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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23 Burton Street

Multi-Family Home for sale in Grand Rapids, MI

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