$649,000
Grand Rapids, MI 49505
MLS# 26024823
1 / 14
Open House (05/30/2026 - 11:00 am - 1:00 pm)
Property Description
One unit shown at open house; all layouts are identical. Remaining units available during inspection. Exceptional investment opportunity at 1258 Northfield NE in the heart of Grand Rapids. This solid brick 4-unit Townhouse can be fully rented for strong cash flow or owner-occupied while generating rental income from the remaining units. Seller is offering five separate 4-unit buildings , a total of 20 units (1258, 1336, 1238 , 1239, 1226 Northfield NE) available individually or as a package portfolio purchase. Conveniently located near Medical Mile and all the exciting new downtown Grand Rapids developments, this property offers both stability and long-term growth potential. Each units has its own furnace and water heater and also includes its own rear carport parking space. A rare opportunity to own a well-built multifamily property in a rapidly growing area. Each units condition may varies. All offer to be reviewed on Monday June 1st at 7 PM
Details
Location & Property Info
Cross Streets: Leonard st
Property Sub-Type: 2 to 4 Units
Municipality: City of Grand Rapids
Ownership Type: Broker/Agent Owned
Office/Contract Info
Auction or For Sale: For Sale
General Property Info
New Construction: No
Lot Dimensions: 109x110
Road Frontage: 109
Cert of Compliance: Yes
Waterfront: No
Basement: Yes
Total # Units: 4
# of Diff Unit Floor Plans: 4
Total # Bldgs: 1
Total Parking Spaces: 4
School District: Grand Rapids
Lot Measurement: Acres
Lot Square Footage: 11979
Lot Acres: 0.28
Year Built: 1961
Tax Info
Taxable Value: 166024
SEV: 216000
For Tax Year: 2026
Seller's Annual Property Tax: 8347.38
Tax Year: 2025
Homestead %: 0
Spec Assessment & Ty: None
Zoning: Res.
Tax ID #: 41-14-17-352-027
Remarks & Misc
Public Remarks: One unit shown at open house; all layouts are identical. Remaining units available during inspection. Exceptional investment opportunity at 1258 Northfield NE in the heart of Grand Rapids. This solid brick 4-unit Townhouse can be fully rented for strong cash flow or owner-occupied while generating rental income from the remaining units. Seller is offering five separate 4-unit buildings , a total of 20 units (1258, 1336, 1238 , 1239, 1226 Northfield NE) available individually or as a package portfolio purchase. Conveniently located near Medical Mile and all the exciting new downtown Grand Rapids developments, this property offers both stability and long-term growth potential. Each units has its own furnace and water heater and also includes its own rear carport parking space. A rare opportunity to own a well-built multifamily property in a rapidly growing area. Each units condition may varies. All offer to be reviewed on Monday June 1st at 7 PM
Legal: LOT 20* DE VAN ADDITION
Street Type
Paved: 1
Public: 1
Util Avail at Street
Public Sewer: 1
Public Water: 1
Utilities Attached
Cable Connected: 1
Electricity Connected: 1
Natural Gas Connected: 1
Sewer
Public Sewer: 1
Water
Public Water: 1
Terms Available
Cash: 1
Conventional: 1
FHA: 1
VA Loan: 1
Laundry Features
In Basement: 1
Exterior Material
Brick: 1
Roofing
Metal: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Heat Type
Forced Air: 1
Access Feat
Accessibility Features: No
Tenant Pays
Electric: 1
Gas: 1
Trash: 1
Driveway
Asphalt: 1
Paved: 1
Shared Paved: 1
Substructure
Full: 1
Owner Pays
Sewer: 1
Water: 1
Unit 1
Unit #: 1
Unit Description: 1
Identical Units: 1
SqFt: 1131
Occupied: Yes
Monthly Rent: 1500
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
A/C Unit: 1
Dishwasher: 1
Garage: 1
Range Oven: 1
Refrigerator: 1
Washer/Dryer: 1
Unit 2
Unit #: 2
Unit Description: 2
SqFt: 1131
Occupied: Yes
Monthly Rent: 1500
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Unit 3
Unit #: 3
Unit Description: 3
SqFt: 1131
Occupied: Yes
Monthly Rent: 1500
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Unit 4
Unit #: 4
Unit Description: 4
SqFt: 1131
Occupied: Yes
Monthly Rent: 1500
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Possession
Close Of Escrow: 1
Location Property Info
County: Kent
Street #: 1226
Street Name: Northfield
Suffix: Avenue
Post Direction: NE
State: MI
Zip Code: 49505
Zip (4): 5240
OfficeContract Info
Status: Active
Current Price: $649,000
List Price: $649,000
Listing Date: 2026-05-26
Remarks Misc
Directions: N of Leonard st/W of Fuller ave
Property Features
Laundry Features: In Basement
Exterior Material: Brick
Roofing: Metal
Substructure: Full
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected
Util Avail at Street: Public Sewer; Public Water
Owner Pays: Sewer; Water
Tenant Pays: Electric; Gas; Trash
Heat Source: Natural Gas
Heat Type: Forced Air
Driveway: Asphalt; Paved; Shared Paved
Street Type: Paved; Public
Terms Available: Cash; Conventional; FHA; VA Loan
Possession: Close Of Escrow
Sale Conditions: None
Unit 1: A/C Unit; Dishwasher; Garage; Range Oven; Refrigerator; Washer/Dryer
Supplements
Seller is a licensed real estate broker in the State of Michigan.
Listing Office: VJ Real Estate
Listing Agent: Vung L Mang
Last Updated: May - 26 - 2026
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