$550,000
Grand Rapids, MI 49507
MLS# 26028358
9 beds | 3 baths | 2569 sqft
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Property Description
Investor Opportunity: 3-Home Package in Grand Rapids Excellent opportunity to acquire three income-producing single-family homes as a package: 1722, 1726, and 1727 Alto Ave SE, Grand Rapids, MI. Offered together at $550,000, this portfolio provides immediate rental income with additional upside potential. 1722 Alto Ave SE features 4 bedrooms and 1 bath, 1726 Alto Ave SE features 3 bedrooms and 1 bath. Both are currently rented at $1,400/month. Both properties have long-term tenants in place dating back to before 2015, contributing to a strong history of occupancy and consistent rental performance. Given the length of tenancy, current rents may be below today's market levels, offering potential future upside for the next owner. The third home, 1727 Alto Ave SE, features 2 bedrooms and 1 bath and was recently remodeled. The most recent rent was $1,250/month, with strong potential for increased rental income following the updates. Seller is a licensed REALTOR in MI.
Details
Documents
Location & Property Info
Cross Streets: Kalamazoo and Dickinson
Property Sub-Type: Single Family Residence
Municipality: City of Grand Rapids
Office/Contract Info
Auction or For Sale: For Sale
List Price/SqFt: 214.09
General Property Info
New Construction: No
Lot Dimensions: 3x 40x120
Road Frontage: 40
Garage Y/N: Yes
Garage Spaces: 3
Fireplace: No
Waterfront: No
Income Property: Yes
Basement: Yes
Total Rooms AG: 15
Total Fin SqFt All Levels: 2569
SqFt Above Grade: 2569
Below Grade Finished SqFt: 0
Below Grade Unfinished SqFt: 2569
Building Total SqFt: 5138
Total Beds Above Grade: 8
Main Level Primary: Yes
Stories: 2
School District: Grand Rapids
Association YN: No
Lot Measurement: Acres
Lot Acres: 0.33
Lot Square Footage: 14375
Year Built: 1946
Total Bedrooms: 9
Full Baths: 3
Total Baths: 3
Tax Info
Taxable Value: 273300
SEV: 105665
For Tax Year: 2026
Seller's Annual Property Tax: 5313
Tax Year: 2025
Homestead %: 0
Spec Assessment & Type: None Known
Zoning: Res
Tax ID #: 41-18-05-331-016
Remarks & Misc
Public Remarks: Investor Opportunity: 3-Home Package in Grand Rapids Excellent opportunity to acquire three income-producing single-family homes as a package: 1722, 1726, and 1727 Alto Ave SE, Grand Rapids, MI. Offered together at $550,000, this portfolio provides immediate rental income with additional upside potential. 1722 Alto Ave SE features 4 bedrooms and 1 bath, 1726 Alto Ave SE features 3 bedrooms and 1 bath. Both are currently rented at $1,400/month. Both properties have long-term tenants in place dating back to before 2015, contributing to a strong history of occupancy and consistent rental performance. Given the length of tenancy, current rents may be below today's market levels, offering potential future upside for the next owner. The third home, 1727 Alto Ave SE, features 2 bedrooms and 1 bath and was recently remodeled. The most recent rent was $1,250/month, with strong potential for increased rental income following the updates. Seller is a licensed REALTOR in MI.
Legal: LOT 151* SEYMOUR AND LOT 145* SEYMOUR AND LOT 144* SEYMOUR
Lot Description
Sidewalk: 1
Street Type
Paved: 1
Public: 1
Util Avail at Street
Cable Available: 1
Electricity Available: 1
High Speed Internet: 1
Natural Gas Available: 1
Phone Available: 1
Storm Sewer: 1
Utilities Attached
Natural Gas Connected: 1
Sewer
Public Sewer: 1
Water
Public: 1
Terms Available
Cash: 1
Conventional: 1
Mineral Rights
Unknown: 1
Laundry Features
Gas Dryer Hookup: 1
Washer Hookup: 1
Exterior Material
Aluminum Siding: 1
Brick: 1
Wood Siding: 1
Roofing
Shingle: 1
Parking Features
Detached: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Heat Type
Forced Air: 1
Access Feat
Accessibility Features: No
Upper Rooms
Upper Bedrooms: 3
Upper Level Square Feet: 0
Total Baths Above Grade: 3
Main Rooms
Main Bedrooms: 5
Main Full Baths: 3
Main Level SQFT: 2569
Lower Rooms
Lower Finished SQFT: 0
Total Lower SQFT: 0
Basement Rooms
Basement Bedrooms: 1
Basement Finished SQFT: 0
Total Basement SQFT: 2569
Substructure
Full: 1
Water Heater
Natural Gas: 1
Architectural Style
Ranch: 1
Possession
Close Of Escrow: 1
Subject To Tenant Rights: 1
Location Property Info
County: Kent
Street #: 1722-1727
Street Name: Alto
Suffix: Avenue
Post Direction: SE
State: MI
Zip Code: 49507
Zip (4): 2101
OfficeContract Info
Status: Active
List Price: $550,000
Current Price: $550,000
Listing Date: 2026-06-10
Property Features
Laundry Features: Gas Dryer Hookup; Washer Hookup
Exterior Material: Aluminum Siding; Brick; Wood Siding
Roofing: Shingle
Substructure: Full
Lot Description: Sidewalk
Sewer: Public Sewer
Water: Public
Utilities Attached: Natural Gas Connected
Util Avail at Street: Cable Available; Electricity Available; High Speed Internet; Natural Gas Available; Phone Available; Storm Sewer
Heat Source: Natural Gas
Heat Type: Forced Air
Water Heater: Natural Gas
Parking Features: Detached
Architectural Style: Ranch
Street Type: Paved; Public
Mineral Rights: Unknown
Terms Available: Cash; Conventional
Possession: Close Of Escrow; Subject To Tenant Rights
Sale Conditions: None
Supplements
All three properties have recently received 6-year City of Grand Rapids rental certifications, adding value and peace of mind for investors. Whether you are expanding an existing portfolio or looking for a multi-property investment with established rental history, this package offers a compelling combination of current cash flow, long-term tenant stability, below-market rent potential, and future rent growth opportunity.
1727 Alto SD LBP 
Listing Office: Paul Bunce Real Estate
Listing Agent: Paul Bunce
Last Updated: June - 10 - 2026
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