127 Lexington Avenue SW Grand Rapids, MI ^$ 399,900

127 Lexington Avenue SW

^$ 399,900

Back to search

Recently Listed

127 Lexington Avenue SW

Grand Rapids, MI, 49504

^$ 399,900

Studio Baths3.0

Monthly Estimate*

^$ 2,525

127 Lexington Avenue SW, Grand Rapids, MI 49504 - Image 1

127 Lexington Avenue SW, Grand Rapids, MI 49504 - Image 2

127 Lexington Avenue SW, Grand Rapids, MI 49504 - Image 3

127 Lexington Avenue SW, Grand Rapids, MI 49504 - Image 4

127 Lexington Avenue SW, Grand Rapids, MI 49504 - Image 5

127 Lexington Avenue SW, Grand Rapids, MI 49504 - Image 6

127 Lexington Avenue SW, Grand Rapids, MI 49504 - Image 7

127 Lexington Avenue SW, Grand Rapids, MI 49504 - Image 8

127 Lexington Avenue SW, Grand Rapids, MI 49504 - Image 9

127 Lexington Avenue SW, Grand Rapids, MI 49504 - Image 10

127 Lexington Avenue SW, Grand Rapids, MI 49504 - Image 11

127 Lexington Avenue SW, Grand Rapids, MI 49504 - Image 12

127 Lexington Avenue SW, Grand Rapids, MI 49504 - Image 13

127 Lexington Avenue SW, Grand Rapids, MI 49504 - Image 14

127 Lexington Avenue SW, Grand Rapids, MI 49504 - Image 15

127 Lexington Avenue SW, Grand Rapids, MI 49504 - Image 16

127 Lexington Avenue SW, Grand Rapids, MI 49504 - Image 17

127 Lexington Avenue SW, Grand Rapids, MI 49504 - Image 18

127 Lexington Avenue SW, Grand Rapids, MI 49504 - Image 19

127 Lexington Avenue SW, Grand Rapids, MI 49504 - Image 20

127 Lexington Avenue SW, Grand Rapids, MI 49504 - Image 21

127 Lexington Avenue SW, Grand Rapids, MI 49504 - Image 22

127 Lexington Avenue SW, Grand Rapids, MI 49504 - Image 23

127 Lexington Avenue SW, Grand Rapids, MI 49504 - Image 24

127 Lexington Avenue SW, Grand Rapids, MI 49504 - Image 25

127 Lexington Avenue SW, Grand Rapids, MI 49504 - Image 26

127 Lexington Avenue SW, Grand Rapids, MI 49504 - Image 27

127 Lexington Avenue SW, Grand Rapids, MI 49504 - Image 28

127 Lexington Avenue SW, Grand Rapids, MI 49504 - Image 29

127 Lexington Avenue SW, Grand Rapids, MI 49504 - Image 30

127 Lexington Avenue SW, Grand Rapids, MI 49504 - Image 31

127 Lexington Avenue SW, Grand Rapids, MI 49504 - Image 32

127 Lexington Avenue SW, Grand Rapids, MI 49504 - Image 33

127 Lexington Avenue SW, Grand Rapids, MI 49504 - Image 34

127 Lexington Avenue SW, Grand Rapids, MI 49504 - Image 35

127 Lexington Avenue SW, Grand Rapids, MI 49504 - Image 36

Studio

Multi-Family Home for sale in Grand Rapids, MI

for $399,900 with 3 full baths. This home was built in 1880 on a lot size of 0.14.

Welcome to 127 Lexington, this is 3 Unit Multi Family that would be great for owner occupied or an investor! Building had new siding and roof installed in 2016. Each unit has separate furnace inside unit and separate electric. Tenants pay electric, owner pays for Natural Gas, Water and Trash. Property shows very well and has long term tenants. Ample parking off the alley or on the street.

Multi-Family Active

Price

^$ 399,900

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 2,137

Style

2 to 4 Units

Lot Size

0.14

Year Built

1880

Town/City

Grand Rapids

County/Region

Kent

MLS | Web ID

26048778

Features

General

Sewer Public Sewer

Heating Forced Air

Cooling Window Unit(s)

Utilities Phone Available Natural Gas Available Electricity Available Cable Available Natural Gas Connected Electricity Connected Storm Sewer

Possession Subject To Tenant Rights

Roof Composition

Construction Materials Vinyl Siding

Year Built 1880

Tenant Pays Electric

Township City of Grand Rapids

Property Subtype 2 to 4 Units

Tax Year 2026

Ownership Private Owned

Gross Income 33900.0

County Kent

Net Operating Income 30797.0

Operating Expense 3103.0

Insurance Expense 1667.0

New Construction N

Property Type Multi Family

Attached Garage N

MaintenanceExpense 500.0

Status Active

Directions Futlon St to Seward south to address

City Grand Rapids

High School District Grand Rapids

Zoning Description Res-Imp

Number Of Units Total 3

Lot Size Units Acres

Lot Size Square Feet 6100.0

Listing Terms FHA Cash Conventional

Land Lease Y/N N

Tax Annual Amount 2137.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Rent Control Y/N N

Standard Status Active

Occupancy Type Tenant

Tax Assessed Value 41636

Legal Description LOT 12 BLK 9* CONVERSE & TOLFORD S ADDITION

Senior Community None

Interior

Basement Crawl Space Michigan Basement Partial

Basement (Y/N) Y

Air Conditioning Y/N Y

Heating Y/N Y

Laundry Features Common Area

Total Baths 3

Exterior

Parking Features Aggregate Driveway

Lot Features Level Sidewalk

Total Parking 4.0

Lot Size Area 0.14

Number of Buildings 1

Spa N

Lot Dimensions 50x122

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

Internal Only

Street Number 1 127

* Excluded Features

List By

Berkshire Hathaway Homeservices Michigan Real Estate (Main)

Broker

keith@kingmovesgr.com

Affordability Calculator

$2,703

Per Month

Monthly Principal & Interest: $2,525
Monthly Property Taxes: $178
Monthly Home Insurance: --

Set your offer price

Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly 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

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

THE TIME TO SELL IS NOW! What's my home worth?

Nearby

Trends
Schools

Multi-family listings in Grand Rapids, MI

Average List Price ^$407,856

Percent of Sale Price 2%

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.

250213 Elementary School

249218 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
9/14/2026	$399,900		Listed Price

Map

More homes like this one

homes for you

See all

127 Lexington Avenue SW, Grand Rapids, MI, 49504 is a Multi-Family Home for sale at $399,900 with a lot size of 0.14. 127 Lexington Avenue SW is a studio with 3.0 baths and was built in 1880. The property's zip code is 49504 which is in Grand Rapids, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% 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.

Listing data provided courtesy of the Internet Data Exchange Program of MichRIC, LLC

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of MichRIC, LLC. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Information Deemed Reliable But Not Guaranteed

Data is updated as of 9/16/2026.

*Full Name

*Email

*Phone

I am interested in financing options

Get more info

By submitting the form, you agree that Weichert^® may contact you via phone or text about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. For any other information please read our privacy policy.

Get more info

Looking for an Associate?

Already Working with an Associate?

127 Lexington Avenue SW

Multi-Family Home for sale in Grand Rapids, MI

Affordability Calculator

Map

More homes like this one

Get more info about this home