118 Elm Street SW Grand Rapids, MI $ 250,000
118 Elm Street SW
$ 250,000
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118 Elm Street SW

Grand Rapids, MI, 49507
$ 250,000
Bedrooms-- Baths2.0

Monthly Estimate*

$ 1,727

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Multi-Family Home for sale in Grand Rapids, MI

for $250,000 with 2 full baths. This home was built in 1900 on a lot size of 0.09.

Great investment opportunity! This two-unit property offers an excellent addition to any investment portfolio. Both units are currently occupied and professionally managed, providing an established rental opportunity. Conveniently located near downtown Grand Rapids, with easy access to shopping, dining, and entertainment. Schedule your private showing today! Photos are from prior to tenants moving in. Professionally managed property. Current property management is available to continue after closing for a seamless transition.

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Multi-Family Active

Price

$ 250,000

Full Bath

2

Property Type

Multi-Family

Taxes

$ 3,332

Style

2 to 4 Units

Lot Size

0.09

Year Built

1900

Town/City

Grand Rapids

County/Region

Kent

MLS | Web ID

26057829

Features
General
Heating Forced Air
Utilities Natural Gas Available Electricity Available Natural Gas Connected Electricity Connected
Possession Close Plus 30 Days Subject To Tenant Rights
Construction Materials Aluminum Siding
Year Built 1900
Tenant Pays Electric Gas
Township City of Grand Rapids
Property Subtype 2 to 4 Units
Tax Year 2026
County Kent
New Construction N
Property Type Multi Family
Attached Garage N
Status Active
Directions Burton Ave to Division St north to Elm St west to address.
City Grand Rapids
High School District Grand Rapids
Number Of Units Total 2
Lot Size Units Acres
Lot Size Square Feet 3790.0
Listing Terms Cash Conventional
Land Lease Y/N N
Tax Annual Amount 3332.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Rent Control Y/N N
Virtual Tour https://www.propertypanorama.com/instaview/wmlar/26057829
Standard Status Active
Tax Assessed Value 64905
Legal Description LOT 34* KIRTLAND ADDITION
Senior Community None
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Interior
Basement Michigan Basement
Basement (Y/N) Y
Heating Y/N Y
Total Baths 2
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Exterior
Parking Features Paved
Total Parking 4.0
Lot Size Area 0.09
Number of Buildings 1
Spa N
Lot Dimensions 40 x 95
Lot Size Acres 0.09
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 1 118
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* Excluded Features
List By
Keller Williams Harbortown

Broker

rickgenzink@gmail.com

Email

Affordability Calculator

$2,004
Per Month
86%
14%
0%
Monthly Principal & Interest
$1,727
Monthly Property Taxes
$278
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
10/30/2026$250,000 Listed Price

Map


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118 Elm Street SW, Grand Rapids, MI, 49507 is a Multi-Family Home for sale at $250,000 with a lot size of 0.09. 118 Elm Street SW has 2.0 baths and was built in 1900. The property's zip code is 49507 which is in Grand Rapids, MI