39 Fair Street SE
City of Grand Rapids, MI, 49507 $ 399,900
Bedrooms7 Baths0.0 Sq 2,592 Monthly Estimate*
$ 2,525
Multi-Family Home for sale in City of Grand Rapids, MI
for $399,900 with 7 bedrooms. This 2,592 square foot home was built in 1915 on a lot size of 0.18.
Say "Hello!" to this fully updated 2-unit property offering an exceptional investment or house hacking opportunity! Both units feature neutral flooring and carpeting, creating bright, modern interiors that are move-in ready. Separate gas and electric utilities for each unit make ownership and tenant management even easier.Unit A features 4 bedrooms and 1 full updated bathroom. The beautifully renovated kitchen boasts quartz countertops, stainless steel appliances, open shelving, and dining area. The stylish bathroom includes hexagon floor tile and a modern vanity. Laundry is conveniently located in the basement, where you'll also find plenty of storage space.Unit B offers 3 bedrooms and 1 full bathroom. Enjoy a comfortable living room and an updated kitchen complete with quartz countertops, stainless steel appliances, open shelving, and abundant cabinet storage. An in-unit washer and dryer add everyday convenience. Two bedrooms and the updated bathroom are on the second floor, whilethe third bedroom occupies the finished attic. Outside, a large barn provides excellent potential for use as a garage, workshop, or additional storage. Major mechanical updates were completed in 2024, including all new electrical, plumbing, and HVAC systems, offering peace of mind for years to come. Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the other, this property checks all the boxes. Schedule your showing today!
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FeaturesGeneralSewer PublicSewer SewerAtStreet
Heating ForcedAir NaturalGas
Cooling CentralAir
Utilities ElectricityConnected NaturalGasConnected PhoneAvailable SewerConnected
Possession CloseOfEscrow
Construction Materials VinylSiding
Year Built 1915
Property Subtype MultiFamily
Tax Year 2026
Community Features Sidewalks
County Kent
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Garage Y/N N
Status Active
Directions Hall to Division. South to Fair. East to property.
City GrandRapidsCity_Kent
Senior Community Y/N N
High School District GrandRapids
Zoning Description Other
Number Of Units Total 2
MLS Area Area41142GrandRapids
Lot Size Units SquareFeet
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 6741.81
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 Active
Occupancy Type Tenant
Tax Assessed Value 123900
Legal Description 411806107037 E 35 FT OF LOTS 1 & 2 BLK 2 CENTENNIAL PLAT & PART OF SPACE A LYING BETWEEN BLKS 1 & 2 OF CENTENNIAL PLAT & PART OF S 50 FT OF LOT 10 BLK 5 SCRANTON'S ADD COM AT SW COR OF SD SPACE A TH
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ExteriorParking Features Garage SharedDriveway
Water Source Public
Total Parking 2.0
Lot Size Area 7623.0
Foundation Details MichiganBasement
Number of Buildings 1
Spa N
Building Area Total 2592.0
Lot Dimensions Irregular
Lot Size Acres 0.18
Road Surface Type Paved
Waterfront Y/N N
Crops Included Y/N N
Road Responsibility PublicMaintainedRoad
Horse Y/N N
Irrigation Water Rights Y/N N
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InteriorBasement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Laundry Features InBasement InUnit UpperLevel
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* Excluded FeaturesList ByAshley SchaeferListing Agent
Affordability Calculator
- Monthly Principal & Interest
- $2,525
- Monthly Property Taxes
- $562
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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.
Learn more about how to save NearbyMulti-family listings in Grand Rapids, MI
Average List Price $411,181
Percent of Sale Price 3%
About Grand Rapids, MI 199,553 Population
1% Since 2002
$ 43,558 Median Income
34 Median Age
26% Households with Children
Trends Information provided by ATTOM Data Solutions.
4909624 Elementary School
4909684 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 8/5/2026 | $399,900 | | Listed Price |