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
145 days
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513
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35
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Zillow last checked:
Listing updated:
Listed by:
Anthony Hernandez616-295-6229,
Five Star Real Estate (Grandv)616-257-1500
Source: MichRIC,MLS#: 26010097
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 6
Bathrooms: 5
Heating
Forced Air
Appliances
Laundry: Laundry Room
Features
Basement: Crawl Space,Full
Interior area
Total interior livable area: 2,300 sqft
Property
Lot
Dimensions: 44 x 49 x 25 x 49 x 19 x 99
Features: Sidewalk
Details
Parcel number: 411418451002
Zoning description: Res improved
Construction
Type & style
Home type: MultiFamily
Property subtype: 2 to 4 Units
Materials
Vinyl Siding
Roof: Composition
Condition
New construction: No
Year built: 1890
Utilities & green energy
Sewer: Public Sewer, Storm Sewer
Utilities for property: Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected
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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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