$349,900
Grand Rapids, MI 49506
MLS# 26053786
1 / 26
Property Description
Multi-unit investment property in Grand Rapids offering ownership of a 2 unit building! The lower, larger unit is occupied for $1,700 per month. It sports hard wood floors, two bedrooms, an updated kitchen with a dishwasher, and easy access the basement. The upper unit is a cozy 1 bed, 1 bath that was previously a furnished rental bringing in between $1,500 and $2,000 per month. Each unit has an off street parking spot. The compact lot size and split utilities keeps maintenance straightforward and operational costs efficient. Whether you're an experienced investor seeking to expand your portfolio or an owner-occupant looking to offset mortgage payments, this structure delivers versatility and long-term appreciation potential. Schedule your showing today!
Details
Location & Property Info
Cross Streets: Giddings & Sherman
Property Sub-Type: 2 to 4 Units
Municipality: City of Grand Rapids
Ownership Type: Private Owned
Office/Contract Info
Auction or For Sale: For Sale
General Property Info
New Construction: No
Lot Dimensions: 40 x 125
Road Frontage: 40
Cert of Compliance: Yes
Cert. of Compliance Exp Date: 2029-03-20
Waterfront: No
Basement: Yes
Total # Units: 2
# of Diff Unit Floor Plans: 2
Total # Bldgs: 1
Total Parking Spaces: 3
School District: Grand Rapids
Association YN: No
Lot Measurement: Acres
Lot Square Footage: 5009
Lot Acres: 0.12
Year Built: 1916
Tax Info
Taxable Value: 142800
SEV: 142800
For Tax Year: 2025
Seller's Annual Property Tax: 6335.09
Tax Year: 2025
Homestead %: 40
Spec Assessment & Ty: N
Zoning: res
Tax ID #: 41-14-32-276-005
Remarks & Misc
Public Remarks: Multi-unit investment property in Grand Rapids offering ownership of a 2 unit building! The lower, larger unit is occupied for $1,700 per month. It sports hard wood floors, two bedrooms, an updated kitchen with a dishwasher, and easy access the basement. The upper unit is a cozy 1 bed, 1 bath that was previously a furnished rental bringing in between $1,500 and $2,000 per month. Each unit has an off street parking spot. The compact lot size and split utilities keeps maintenance straightforward and operational costs efficient. Whether you're an experienced investor seeking to expand your portfolio or an owner-occupant looking to offset mortgage payments, this structure delivers versatility and long-term appreciation potential. Schedule your showing today!
Legal: LOT 4* J A GIDDINGS FIFTH AVENUE ADDITION
Lot Description
Sidewalk: 1
Street Type
Paved: 1
Util Avail at Street
Cable Available: 1
Utilities Attached
Electricity Connected: 1
Natural Gas Connected: 1
Sewer
Public Sewer: 1
Water
Public Water: 1
Terms Available
Cash: 1
Conventional: 1
FHA: 1
MSHDA: 1
Mineral Rights
Unknown: 1
Laundry Features
In Basement: 1
Exterior Material
Wood Siding: 1
Roofing
Composition: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Heat Type
Forced Air: 1
Air Conditioning
None: 1
Access Feat
Accessibility Features: No
Tenant Pays
Electric: 1
Gas: 1
Driveway
Gravel: 1
Substructure
Full: 1
Michigan Basement: 1
Owner Pays
Sewer: 1
Water: 1
Unit 1
Unit #: 1
Unit Description: main floor
SqFt: 1027
Occupied: Yes
Monthly Rent: 1700
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Dishwasher: 1
Range Oven: 1
Refrigerator: 1
Sep. Heat System: 1
Unit 2
Unit #: 2
Unit Description: upstairs
SqFt: 600
Occupied: No
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
A/C Unit: 1
Range/Oven: 1
Refrigerator: 1
Sep. Heat System: 1
Possession
Close Of Escrow: 1
Subject To Tenant Rights: 1
Location Property Info
County: Kent
Street #: 1412
Street Direction: SE
Street Name: Sherman
Suffix: Street
Post Direction: SE
State: MI
Zip Code: 49506
Zip (4): 2730
OfficeContract Info
Status: Active
Current Price: $349,900
List Price: $349,900
Listing Date: 2026-10-08
Property Features
Laundry Features: In Basement
Exterior Material: Wood Siding
Roofing: Composition
Substructure: Full; Michigan Basement
Lot Description: Sidewalk
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Electricity Connected; Natural Gas Connected
Util Avail at Street: Cable Available
Owner Pays: Sewer; Water
Tenant Pays: Electric; Gas
Heat Source: Natural Gas
Heat Type: Forced Air
Air Conditioning: None
Driveway: Gravel
Street Type: Paved
Mineral Rights: Unknown
Terms Available: Cash; Conventional; FHA; MSHDA
Possession: Close Of Escrow; Subject To Tenant Rights
Sale Conditions: None
Unit 1: Dishwasher; Range Oven; Refrigerator; Sep. Heat System
Unit 2: A/C Unit; Range/Oven; Refrigerator; Sep. Heat System
Listing Office: Cody and Co.
Listing Agent: Bryan J Cody
Last Updated: October - 08 - 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.