$349,900
Grand Rapids, MI 49506
MLS# 26032283
1 / 42
Property Description
Rare opportunity to acquire a value-add triplex in the heart of East Hills, one of Grand Rapids' most sought-after neighborhoods. With a brand new roof in 2024 this historic property offers over 2,100 square feet across three units and is primed for its next transformation. All units are vacant, providing immediate flexibility to renovate, lease at current market rates, or customize the property without tenant restrictions. Post-construction permits have been obtained, and the property has recently appraised as-is above the current list price, presenting an exceptional opportunity to build equity from day one. Located just minutes from downtown, restaurants, breweries, shopping, and everything East Hills has to offer, this is an ideal investment for a flipper, long-term investor, or owner-occupant looking to capitalize on one of Grand Rapids' strongest rental markets.
Details
Location & Property Info
Cross Streets: Cherry and Fairmount
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: 51 x 116
Financial Comments: 51 x 116
Road Frontage: 51
Cert of Compliance: Yes
Waterfront: No
Basement: Yes
Total # Units: 3
# of Diff Unit Floor Plans: 3
Total # Bldgs: 1
Total Parking Spaces: 3
School District: Grand Rapids
Lot Measurement: Acres
Lot Square Footage: 5924
Lot Acres: 0.14
Year Built: 1884
Tax Info
Taxable Value: 169200
SEV: 169200
For Tax Year: 2025
Seller's Annual Property Tax: 9402.83
Tax Year: 2025
Homestead %: 0
Spec Assessment & Ty: None
Zoning: Res
Tax ID #: 41-14-29-351-022
Remarks & Misc
Public Remarks: Rare opportunity to acquire a value-add triplex in the heart of East Hills, one of Grand Rapids' most sought-after neighborhoods. With a brand new roof in 2024 this historic property offers over 2,100 square feet across three units and is primed for its next transformation. All units are vacant, providing immediate flexibility to renovate, lease at current market rates, or customize the property without tenant restrictions. Post-construction permits have been obtained, and the property has recently appraised as-is above the current list price, presenting an exceptional opportunity to build equity from day one. Located just minutes from downtown, restaurants, breweries, shopping, and everything East Hills has to offer, this is an ideal investment for a flipper, long-term investor, or owner-occupant looking to capitalize on one of Grand Rapids' strongest rental markets.
Legal: LOT 1* STEVENS & PIERCE S SUBDIVISION OF LOTS 6, 7, 8, 9, 10 & 11 OF BARCLAY S ADDITION
Util Avail at Street
Electricity Available: 1
Public Sewer: 1
Public Water: 1
Utilities Attached
Electricity Connected: 1
Natural Gas Connected: 1
Sewer
Public Sewer: 1
Water
Public Water: 1
Terms Available
Cash: 1
Conventional: 1
Mineral Rights
Unknown: 1
Exterior Material
Wood Siding: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Heat Type
Forced Air: 1
Access Feat
Accessibility Features: No
Tenant Pays
None: 1
Substructure
Michigan Basement: 1
Owner Pays
None: 1
Unit 1
Unit Description: Unit 1
SqFt: 1109
Occupied: No
Monthly Rent: 0
Bedrooms: 3
Bathrooms: 1
Full Baths: 1
Unit 2
Unit Description: Unit 2
SqFt: 666
Occupied: No
Monthly Rent: 0
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Unit 3
Unit Description: Unit 3
SqFt: 435
Occupied: No
Monthly Rent: 0
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Possession
Close Of Escrow: 1
Location Property Info
County: Kent
Street #: 233
Street Name: Hollister
Suffix: Avenue
Post Direction: SE
State: MI
Zip Code: 49506
Zip (4): 1530
OfficeContract Info
Status: Active
Current Price: $349,900
List Price: $349,900
Listing Date: 2026-06-26
Remarks Misc
Directions: East on Cherry Street. South on Hollister Avenue
Property Features
Exterior Material: Wood Siding
Substructure: Michigan Basement
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Electricity Connected; Natural Gas Connected
Util Avail at Street: Electricity Available; Public Sewer; Public Water
Owner Pays: None
Tenant Pays: None
Heat Source: Natural Gas
Heat Type: Forced Air
Mineral Rights: Unknown
Terms Available: Cash; Conventional
Possession: Close Of Escrow
Sale Conditions: None
Listing Office: Realify Properties
Listing Agent: Marcus Love
Last Updated: June - 26 - 2026
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