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127 Lexington Avenue SW City of Grand Rapids, MI $ 399,900
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127 Lexington Avenue SW
$ 399,900
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127 Lexington Avenue SW

City of Grand Rapids, MI, 49504
$ 399,900
Bedrooms3 Baths0.0 Sq 1,896

Monthly Estimate*

$ 2,525

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Multi-Family Home for sale in City of Grand Rapids, MI for $399,900 with 3 bedrooms. This 1,896 square foot 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.

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Multi-Family Active

Price

$ 399,900

Bedrooms

3

Property Type

Multi-Family

Taxes

$ 2,137

Style

MultiFamily

Lot Size

0.14

Year Built

1880

Town/City

City of Grand Rapids

County/Region

KENT

MLS | Web ID

65026048778
Features
General
Sewer PublicSewer SewerAtStreet StormDrain
Heating ForcedAir NaturalGas
Cooling WindowUnits
Utilities ElectricityConnected NaturalGasConnected PhoneAvailable SewerConnected
Possession SubjectToTenantRights
Roof Composition
Construction Materials VinylSiding
Year Built 1880
Property Subtype MultiFamily
Tax Year 2026
Community Features Sidewalks
County Kent
Net Operating Income 30797.0
Operating Expense 3103.0
Insurance Expense 1667.0
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
MaintenanceExpense 500.0
Garage Y/N N
Status Active
Directions Futlon St to Seward south to address
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 2137.0
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 41636
Legal Description LOT 12 BLK 9* CONVERSE & TOLFORD S ADDITION
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Interior
Basement Partial
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Laundry Features CommonArea
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Exterior
Parking Features Aggregate
Lot Features Level
Water Source Public
Total Parking 4.0
Lot Size Area 6100.0
Foundation Details CrawlSpace MichiganBasement
Number of Buildings 1
Spa N
Building Area Total 1896.0
Lot Dimensions 50x122
Lot Size Acres 0.14
Road Surface Type Gravel 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 1 127
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* Excluded Features
List By
Keith J King

Listing Agent

Berkshire Hathaway Homeservices Michigan Real Estate (Main)

Broker

(616) 437-2297

Phone

Affordability Calculator

$2,703
Per Month
93%
7%
0%
Monthly Principal & Interest
$2,525
Monthly Property Taxes
$178
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
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Pricing History
DatePricePrice ChangeDescription
9/14/2026$399,900 Listed Price

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127 Lexington Avenue SW, City of Grand Rapids, MI, 49504 is a Multi-Family Home for sale at $399,900 with 1,896 sqft and a lot size of 0.14. 127 Lexington Avenue SW has 3 bedrooms, 0.0 baths, and was built in 1880. The property's zip code is 49504 which is in City of Grand Rapids, MI

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