$299,900
Grand Rapids, MI 49504
MLS# 26042168
1 / 22
Property Description
Grand Rapids Two-Unit - Long-Term Tenants in Place Solid, low-maintenance investment opportunity in Grand Rapids. This vinyl-sided two-unit offers upper and lower apartments, each with 3 bedrooms and 1 bath. Utilities are split between units for easy management. Both units feature long-term, stable tenants. Convenient alley access leads to a detached garage plus two additional parking spaces. Basement offers shared laundry hookups and extra storage for both units, with additional storage available in the garage. This property just passed the Grand Rapids rental certification. A great addition to any workforce housing portfolio, offering proven occupancy history and dependable, established tenants who know and maintain the property. Lease terms: one unit runs through 10/31/26, the other through 4/31/27.
Details
Location & Property Info
Cross Streets: 7th St NW
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: 40*122
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
Association YN: No
Lot Measurement: Acres
Lot Square Footage: 4879
Lot Acres: 0.11
Year Built: 1885
Tax Info
Taxable Value: 71197
SEV: 110500
For Tax Year: 2025
Seller's Annual Property Tax: 3753.16
Tax Year: 2026
Homestead %: 0
Spec Assessment & Ty: 0
Tax ID #: 41-13-24-155-020
Remarks & Misc
Public Remarks: Grand Rapids Two-Unit - Long-Term Tenants in Place Solid, low-maintenance investment opportunity in Grand Rapids. This vinyl-sided two-unit offers upper and lower apartments, each with 3 bedrooms and 1 bath. Utilities are split between units for easy management. Both units feature long-term, stable tenants. Convenient alley access leads to a detached garage plus two additional parking spaces. Basement offers shared laundry hookups and extra storage for both units, with additional storage available in the garage. This property just passed the Grand Rapids rental certification. A great addition to any workforce housing portfolio, offering proven occupancy history and dependable, established tenants who know and maintain the property. Lease terms: one unit runs through 10/31/26, the other through 4/31/27.
Street Type
Public: 1
Util Avail at Street
Cable Available: 1
Electricity Available: 1
Natural Gas 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
FHA: 1
Land Contract: 1
MSHDA: 1
VA Loan: 1
Laundry Features
In Basement: 1
Exterior Material
Vinyl Siding: 1
Roofing
Composition: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Heat Type
Forced Air: 1
Air Conditioning
Window Unit(s): 1
Access Feat
Accessibility Features: No
Tenant Pays
Electric: 1
Gas: 1
Trash: 1
Driveway
None: 1
Substructure
Michigan Basement: 1
Partial: 1
Owner Pays
Sewer: 1
Water: 1
Unit 1
Unit #: 1
Unit Description: lower
SqFt: 1030
Occupied: Yes
Bedrooms: 3
Bathrooms: 1
Full Baths: 1
Sep. Heat System: 1
Unit 2
Unit #: 2
Unit Description: upper
SqFt: 860
Occupied: Yes
Bedrooms: 3
Bathrooms: 1
Full Baths: 1
Sep. Heat System: 1
Possession
Close Of Escrow: 1
Location Property Info
County: Kent
Street #: 823
Street Name: Mc Reynolds
Suffix: Avenue
Post Direction: NW
State: MI
Zip Code: 49504
OfficeContract Info
Status: Active
Current Price: $299,900
List Price: $299,900
Listing Date: 2026-08-12
Property Features
Laundry Features: In Basement
Exterior Material: Vinyl Siding
Roofing: Composition
Substructure: Michigan Basement; Partial
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Electricity Connected; Natural Gas Connected
Util Avail at Street: Cable Available; Electricity Available; Natural Gas Available; Public Sewer; Public Water
Owner Pays: Sewer; Water
Tenant Pays: Electric; Gas; Trash
Heat Source: Natural Gas
Heat Type: Forced Air
Air Conditioning: Window Unit(s)
Driveway: None
Street Type: Public
Terms Available: Cash; Conventional; FHA; Land Contract; MSHDA; VA Loan
Possession: Close Of Escrow
Sale Conditions: None
Unit 1: Sep. Heat System
Unit 2: Sep. Heat System
Listing Office: Tall Tree Realty and Property Management LLC
Listing Agent: Lewis Smalligan
Last Updated: September - 01 - 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.