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

City of Grand Rapids, MI, 49505
$ 315,000
Bedrooms5 Baths0.0

Monthly Estimate*

$ 1,989

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Multi-Family Home for sale in City of Grand Rapids, MI for $315,000 with 5 bedrooms. 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

5

Property Type

Multi-Family

Taxes

$ 4,625

Style

MultiFamily

Lot Size

0.14

Year Built

1900

Town/City

City of Grand Rapids

County/Region

KENT

MLS | Web ID

65026043692
Features
General
Sewer PublicSewer
Heating ForcedAir NaturalGas WallFurnace
Utilities CableConnected ElectricityConnected NaturalGasConnected PhoneConnected
Possession CloseOfEscrow
Roof Composition
Construction Materials WoodSiding
Year Built 1900
Property Subtype MultiFamily
Tax Year 2025
County Kent
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Garage Y/N N
Status Active
City GrandRapidsCity_Kent
Senior Community Y/N N
High School District GrandRapids
Zoning Description Residential
Number Of Units Total 3
MLS Area Area41142GrandRapids
Lot Size Units SquareFeet
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 4625.81
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
Standard Status Active
Occupancy Type Tenant
Tax Assessed Value 92005
Legal Description LOT 8 BLK 5 EXCEPT E 40 FT* HOGEBOOM S 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 CommonArea
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Exterior
Water Source Public
Total Parking 2.0
Lot Size Area 6186.0
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
Road Responsibility PublicMaintainedRoad
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
Mitchell D Luban

Listing Agent

Edison Brokers & Co Llc

Broker

(616) 375-0775

Phone

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
4909624 Elementary School
4909684 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
8/19/2026$315,000 Listed Price

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1340 Plainfield Avenue NE, City of 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 has 5 bedrooms, 0.0 baths, and was built in 1900. The property's zip code is 49505 which is in City of Grand Rapids, MI

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