Active

Price cut: $5K (7/21)

$220,000

1242 Alpine Ave NW, Grand Rapids, MI 49504

2beds

2baths

1,442sqft

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2 to 4 Units

Built in 1880

-- sqft lot

$213,900 Zestimate^®

$153/sqft

$-- HOA

What's special

Ample off-street parking

Investment opportunity in the heart of Grand Rapids' Northwest side! This fully occupied up/down duplex at 1242 Alpine Ave NW offers immediate cash flow with two 1-bedroom, 1-bathroom units and separately metered utilities, helping minimize owner expenses. Tenants enjoy ample off-street parking, a sought-after feature in this high-demand rental corridor. Conveniently located near downtown Grand Rapids, major employers, shopping, restaurants, and public transportation, this property presents an excellent opportunity for investors seeking a stable addition to their portfolio. Whether you're expanding your holdings or entering the multifamily market, this turnkey duplex offers strong rental appeal and long-term upside in a proven rental location. Priced right for a quick sale! Looking for more? 1246 and 1236 Alpine are also available, creating an 8 unit pack opportunity. Inquire for more details.

37 days

338

11

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2

Heating

Forced Air

Features

Basement: Full,Michigan Basement

Interior area

Total interior livable area: 1,442 sqft

Property

Parking

Total spaces: 4

Lot

Size: 6,534 Square Feet
Dimensions: .15

Details

Parcel number: 411313356010
Zoning description: 401 Res Imp

Construction

Type & style

Home type: MultiFamily
Property subtype: 2 to 4 Units

Materials

Aluminum Siding

Condition

New construction: No
Year built: 1880

Utilities & green energy

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

Community & HOA

Location

Region: Grand Rapids

Financial & listing details

Price per square foot: $153/sqft
Tax assessed value: $41,336
Annual tax amount: $2,078
Date on market: 6/14/2026
Listing terms: FHA,Cash,Conventional
Tenant pays: Electricity, Gas
Electric utility on property: Yes

Estimated market value

$213,900

$203,000 - $225,000

$1,567/mo

Price history

Date	Event	Price
7/21/2026	Price change	$220,000-2.2%$153/sqft
Source: MichRIC #26029274 Report a problem
6/14/2026	Listed for sale	$225,000$156/sqft
Source: MichRIC #26029274 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,024	$90,000 +11.8%
2024	--	$80,500 +51.9%
2021	$1,770	$53,000 +11.3%
2020	$1,770 +3.2%	$47,600 +24%
2019	$1,716	$38,400 +18.5%
2018	--	$32,400 +17.4%
2017	$1,268	$27,600 +8.2%
2016	$1,268	$25,500
2015	$1,268 +5%	$25,500 +11.4%
2013	$1,208	$22,900 -21.8%
2011	--	$29,300 -4.2%
2010	--	$30,600 -11.6%
2009	--	$34,600 +2.1%
2007	--	$33,900 +41.5%
2006	--	$23,960 +3.7%
2005	--	$23,106 +3.3%
2004	--	$22,368 +6.2%
2002	--	$21,060 +3.2%
2001	--	$20,407

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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