$309,000
Grand Rapids, MI 49507
MLS# 26042678
1 / 17
Property Description
Multi-unit investment property in Grand Rapids offers multiple income streams and long-term appreciation potential. This 2 unit building is situated on a compact 4,792-square-foot lot, making efficient use of space while maintaining manageability. Ownership of this property provides the foundation for building equity and establishing a solid real estate portfolio. The configuration supports diverse ownership strategies and delivers steady returns through diversified occupancy.
Details
Location & Property Info
Cross Streets: Buchanan and Division
Property Sub-Type: 2 to 4 Units
Municipality: City of Grand Rapids
Office/Contract Info
Auction or For Sale: For Sale
General Property Info
New Construction: No
Lot Dimensions: 40x120
Road Frontage: 40
Waterfront: No
Basement: Yes
Total # Units: 2
# of Diff Unit Floor Plans: 2
Total # Bldgs: 1
Total Parking Spaces: 2
School District: Grand Rapids
Lot Measurement: Acres
Lot Square Footage: 4792
Lot Acres: 0.11
Year Built: 1900
Tax Info
Taxable Value: 36322
SEV: 107700
For Tax Year: 2025
Seller's Annual Property Tax: 0
Tax Year: 2025
Homestead %: 0
Spec Assessment & Ty: N/A
Zoning: RES
Tax ID #: 41-17-01-479-014
Remarks & Misc
Public Remarks: Multi-unit investment property in Grand Rapids offers multiple income streams and long-term appreciation potential. This 2 unit building is situated on a compact 4,792-square-foot lot, making efficient use of space while maintaining manageability. Ownership of this property provides the foundation for building equity and establishing a solid real estate portfolio. The configuration supports diverse ownership strategies and delivers steady returns through diversified occupancy.
Legal: N 120.53 FT OF LOT 44* T STEWART WHITE S ADDITION
Street Type
Paved: 1
Util Avail at Street
None: 1
Utilities Attached
Electricity Connected: 1
Sewer
Public Sewer: 1
Water
Public Water: 1
Terms Available
Cash: 1
Conventional: 1
Laundry Features
None: 1
Exterior Material
Vinyl Siding: 1
Heat Source
Electric: 1
Sale Conditions
None: 1
Heat Type
Forced Air: 1
Access Feat
Accessibility Features: No
Tenant Pays
Electric: 1
Gas: 1
Driveway
Unpaved: 1
Substructure
Michigan Basement: 1
Owner Pays
Sewer: 1
Water: 1
Unit 1
Unit Description: lower
Occupied: No
Monthly Rent: 1000
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Unit 2
Unit Description: upper
Occupied: Yes
Monthly Rent: 1000
Bedrooms: 4
Bathrooms: 1
Full Baths: 1
Possession
Close Of Escrow: 1
Location Property Info
County: Kent
Street #: 106
Street Name: Stewart
Suffix: Street
Post Direction: SW
State: MI
Zip Code: 49507
Zip (4): 2447
OfficeContract Info
Status: Active
Current Price: $309,000
List Price: $309,000
Listing Date: 2026-08-13
Property Features
Laundry Features: None
Exterior Material: Vinyl Siding
Substructure: Michigan Basement
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Electricity Connected
Util Avail at Street: None
Owner Pays: Sewer; Water
Tenant Pays: Electric; Gas
Heat Source: Electric
Heat Type: Forced Air
Driveway: Unpaved
Street Type: Paved
Terms Available: Cash; Conventional
Possession: Close Of Escrow
Sale Conditions: None
Listing Office: Coldwell Banker Woodland Schmidt
Listing Agent: JJ Lozano
Last Updated: August - 14 - 2026
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. 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.