Active

$319,900

1010 Alpine Ave NW, Grand Rapids, MI 49504

6beds

2baths

1,642sqft

$2,321/mo

Get pre-qualified

2 to 4 Units

Built in 1900

-- sqft lot

$311,500 Zestimate^®

$195/sqft

$-- HOA

What's special

New windows throughout

Updated duplex in a strong rental corridor just minutes from downtown Grand Rapids, currently generating $3,095/month in gross rental income. The lower 4-bedroom, 1-bath unit is leased at $1,895/month, while the upper 2-bedroom, 1-bath unit is leased at $1,200/month, providing immediate cash flow from day one. Both units have been fully renovated with modern finishes, complemented by new windows throughout and a newer roof on the rear portion of the home. Solid unit mix with strong rental appeal and consistent tenant demand. Tenants pay gas, electric, and trash, helping reduce owner expenses. Located near major highways, downtown employers, shopping, and restaurants, this property offers a compelling investment opportunity with strong income potential and long-term upside.

27 days
499
35

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 2

Heating

Forced Air

Cooling

None

Features

Basement: Full

Interior area

Total interior livable area: 1,642 sqft

Property

Parking

Total spaces: 2

Lot

Size: 3,920 Square Feet
Dimensions: 33 x 122
Features: Sidewalk

Details

Parcel number: 411324104013
Zoning description: Res

Construction

Type & style

Home type: MultiFamily
Property subtype: 2 to 4 Units

Materials

Vinyl Siding

Condition

New construction: No
Year built: 1900

Utilities & green energy

Sewer: Public Sewer
Utilities for property: Natural Gas Connected, Electricity Connected

Community & HOA

Location

Region: Grand Rapids

Financial & listing details

Price per square foot: $195/sqft
Tax assessed value: $117,200
Annual tax amount: $6,051
Date on market: 8/14/2026
Listing terms: VA Loan,MSHDA,FHA,Cash,Conventional
Tenant pays: Electricity, Gas
Electric utility on property: Yes
Road surface type: Paved

Estimated market value

$311,500

$296,000 - $327,000

$1,518/mo

Price history

Date	Event	Price
8/14/2026	Listed for sale	$319,900$195/sqft
Source: MichRIC #26042773 Report a problem
7/31/2026	Listing removed	$319,900$195/sqft
Source: MichRIC #26014136 Report a problem
4/22/2026	Price change	$319,900-3%$195/sqft
Source: MichRIC #26014136 Report a problem
4/8/2026	Listed for sale	$329,900+38.6%$201/sqft
Source: MichRIC #26014136 Report a problem
4/23/2024	Sold	$238,000-0.8%$145/sqft
Source: MichRIC #24012912 Report a problem
3/25/2024	Pending sale	$239,900$146/sqft
Source: MichRIC #24012912 Report a problem
3/18/2024	Listed for sale	$239,900+859.6%$146/sqft
Source: MichRIC #24012912 Report a problem
4/14/2015	Sold	$25,000-16.4%$15/sqft
Source: Public Record Report a problem
2/24/2015	Listed for sale	$29,900-0.3%$18/sqft
Source: American REO Services #15007264 Report a problem
12/4/2014	Sold	$30,000-65.9%$18/sqft
Source: Public Record Report a problem
7/1/2003	Sold	$88,000$54/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,253	$117,200 +10%
2024	--	$106,500 +46.5%
2021	$1,970	$72,700 +13.4%
2020	$1,970 +3.2%	$64,100 +26.2%
2019	$1,910	$50,800 +22.1%
2018	--	$41,600 +18.9%
2017	$2,188	$35,000 +10.4%
2016	$2,188	$31,700
2015	$2,188 +50.7%	$31,700 +15.3%
2013	$1,451	$27,500 -25.5%
2011	--	$36,900 -15.9%
2010	--	$43,900 -12%
2009	--	$49,900 -0.8%
2007	--	$50,300 +3.1%
2006	--	$48,764 +3.7%
2005	--	$47,025 +3.3%
2004	--	$45,523 +45.2%
2002	--	$31,349 +3.2%
2001	--	$30,377