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1402 North

Grand Rapids, MI 49505
  • $350,000
  • STATUS: Active
  • ON SITE: 149 Days
  • MLS #: 26010097
UPDATED: 62 min ago
$350,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1890
County:

School Ratings & Info

Description

Fully rented 3-unit investment property generating $3,300/month in rental income in Grand Rapids! This is a great opportunity for investors looking for a turnkey income-producing property or a potential DSCR loan opportunity.This unique parcel includes both a duplex and a fully renovated single-family home. The single-family home was taken down to the studs in 2022 and features updated HVAC, central air, electrical, plumbing, windows, and stainless steel appliances. That unit is currently rented for $1,300/month.The duplex is also fully occupied and includes a 2-bedroom, 2-bath lower unit rented at $900/month and a 1-bedroom, 1-bath upper unit rented at $900/month. The duplex roof has recently been replaced(2026), adding additional value and peace of mind for the next owner.Whether you're looking to expand your rental portfolio, add a cash-flowing asset, or take advantage of Grand Rapids investment property demand, this is an opportunity you won't want to miss

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[MiRealSource] logo ©2026 MiRealSource (Michigan Multiple Listing Service). All rights reserved. IDX information is provided exclusively 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 is deemed reliable but is not guaranteed accurate by the MLS or The BRAND Real Estate. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Data last updated: 2026-08-13T22:52:27.197.
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1402 North Grand Rapids, MI 49505

  • Price: $350,000
  • Status: Active
  • On Site: 149 Days
  • Updated: 62 min ago
  • MLS #: 26010097
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1890
Built
Neighborhood:
Grand Rapids (41032)
County:
Kent
Area:
Grand Rapids (41032)
School District:
Grand Rapids City School Distric
Property Description
Fully rented 3-unit investment property generating $3,300/month in rental income in Grand Rapids! This is a great opportunity for investors looking for a turnkey income-producing property or a potential DSCR loan opportunity.This unique parcel includes both a duplex and a fully renovated single-family home. The single-family home was taken down to the studs in 2022 and features updated HVAC, central air, electrical, plumbing, windows, and stainless steel appliances. That unit is currently rented for $1,300/month.The duplex is also fully occupied and includes a 2-bedroom, 2-bath lower unit rented at $900/month and a 1-bedroom, 1-bath upper unit rented at $900/month. The duplex roof has recently been replaced(2026), adding additional value and peace of mind for the next owner.Whether you're looking to expand your rental portfolio, add a cash-flowing asset, or take advantage of Grand Rapids investment property demand, this is an opportunity you won't want to miss
Exterior Features

Exterior Construction Vinyl Siding Foundation Type BasementCrawl Frontage 44 Lot Description Sidewalks Lot Size 44x49x25x49x19x99 Roads City/County Waterfront YN No

Interior Features

Basement YN No Fuel Type Natural Gas Heating System Forced Air

Property Features

Association Or Landlord Pays Water/Sewer Financial Terms CashConventionalFHAVA For Sale Or Rent For Sale Municipality Grand Rapids Principal Res Exempt YN No Property Type Multi-Family SEV 129500 Taxable Value 100615 Total Tax Amount 5030 Total Tax Year 2025 Unit1 Occupied YN Yes Unit1 Rent Rate 1100 Unit2 Occupied YN No Unit2 Rent Rate 900 Unit3 Occupied YN No Unit3 Rent Rate 1300 Zoning Residential

Listing courtesy of Five Star Real Estate (Grandv) : (616) 257-1500.

Source MLS: MiRealSource
Originating MLS: Greater Regional AOR MLS

[MiRealSource] logoProvided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.


[MiRealSource] logo ©2026 MiRealSource (Michigan Multiple Listing Service). All rights reserved. IDX information is provided exclusively 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 is deemed reliable but is not guaranteed accurate by the MLS or The BRAND Real Estate. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Data last updated: 2026-08-13T22:52:27.197.
 
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5400 Gateway Center Ste B
Mundy Twp MI, 48507