Active

Price cut: $5K (7/21)

$220,000

1242 Alpine Ave NW, Grand Rapids, MI 49504

2beds

2baths

1,442sqft

$1,640/mo

Get pre-qualified

2 to 4 Units

Built in 1880

-- sqft lot

$214,800 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.

88 days
307
17

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

$214,800

$204,000 - $226,000

$1,600/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