1340 Plainfield Avenue NE Grand Rapids, MI $ 315,000
1340 Plainfield Avenue NE
$ 315,000
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1340 Plainfield Avenue NE

Grand Rapids, MI, 49505
$ 315,000
Baths0.0

Monthly Estimate*

$ 1,989

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Studio

Multi-Family Home for sale in Grand Rapids, MI

for $315,000. This home was built in 1900 on a lot size of 0.14.

Unlock instant equity and strong cash flow at 1340 Plainfield Ave NE! Whether you are seeking a lucrative house-hack to live nearly rent-free or adding a high-performing asset to your portfolio, this versatile triplex delivers on all fronts. Newly Renovated & Vacant Units: Units 1 and 2 have been freshly updated from top to bottom. Intentionally left vacant for the sale, they are completely move-in ready for an owner-occupant or immediate market-rate tenant placement. Low Landlord Overhead: Split utilities put the power bills on the tenants, maximizing your net operating income. High-Demand Amenities: Features on-site laundry—a premier driver for tenant retention and premium rental rates in this corridor. Prime Location: Situated in the vibrant Creston neighborhood, tenants will love being minutes from local dining, parks, and quick access to Downtown Grand Rapids and major highways. Units 1,2, & common space available to tour anytime. Unit 3 only available after accepted offer. Please view photos which were just taken and floor plans.

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Multi-Family Active

Price

$ 315,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 4,625

Style

2 to 4 Units

Lot Size

0.14

Year Built

1900

Town/City

Grand Rapids

County/Region

Kent

MLS | Web ID

26043692

Features
General
Heating Forced Air Wall Furnace
Utilities Phone Connected Natural Gas Connected Electricity Connected Cable Connected
Possession Close Of Escrow
Roof Composition
Construction Materials Wood Siding
Year Built 1900
Tenant Pays Electric Gas
Township City of Grand Rapids
Property Subtype 2 to 4 Units
Tax Year 2026
Ownership Private Owned
County Kent
New Construction N
Property Type Multi Family
Status Active
City Grand Rapids
High School District Grand Rapids
Zoning Description Residential
Number Of Units Total 3
Lot Size Units Acres
Lot Size Square Feet 6186.0
Listing Terms MSHDA FHA Cash Conventional
Land Lease Y/N N
Tax Annual Amount 4625.81
Lease Renewal Y/N N
Additional Parcels Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Tenant
Tax Assessed Value 92005
Legal Description LOT 8 BLK 5 EXCEPT E 40 FT* HOGEBOOM S SECOND ADDITION
Senior Community None
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Interior
Basement Full
Basement (Y/N) Y
Heating Y/N Y
Laundry Features Common Area
Total Baths 0
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Exterior
Total Parking 2.0
Lot Size Area 0.14
Number of Buildings 1
Spa N
Lot Dimensions 57.43x107.75
Lot Size Acres 0.14
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 1340
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* Excluded Features
List By
Edison Brokers & Co Llc

Broker

mitch@thelubangroup.com

Email

Affordability Calculator

$2,374
Per Month
84%
16%
0%
Monthly Principal & Interest
$1,989
Monthly Property Taxes
$385
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.
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Nearby
250213 Elementary School
249218 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/19/2026$315,000 Listed Price

Map


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1340 Plainfield Avenue NE, Grand Rapids, MI, 49505 is a Multi-Family Home for sale at $315,000 with a lot size of 0.14. 1340 Plainfield Avenue NE is a studio with 0.0 baths and was built in 1900. The property's zip code is 49505 which is in Grand Rapids, MI