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1230 Alpine Avenue NW, Grand Rapids, MI 49504

Grand Rapids
Local realty services provided by:CENTURY 21 Signature Realty
1230 Alpine Avenue NW,Grandrapids, MI 49504
$599,000
  • - Beds
  • - Baths
  • 4,285 sq. ft.
  • Multi-family
  • Active
Listed by: kyle p naumann
Office: edison brokers & co llc.
MLS#:65026054324
Source:MI_REALCOMP

Price summary

  • Price:$599,000
  • Price per sq. ft.:$139.79

About this home

Excellent investment opportunity in Grand Rapids' West Grand neighborhood! This fully occupied, five-unit property features a four-unit building plus a standalone single-family home, currently generating $64,920 in gross annual rental income (assuming full occupancy). The unit mix includes two 2-bedroom, 1-bathroom units, two 3-bedroom, 1-bathroom units, and a separate 2-bedroom, 1.5-bathroom home. Each unit is equipped with its own electric meter, water heater, and furnace, providing added independence for tenants and streamlined utility management. 4 of the 5 water heaters were replaced in September 2026. Even better, the property is certified with the City of Grand Rapids through 2030, with certification transferable to the new owner. A compelling opportunity for investors seeking an established, income-producing property or a potential destination for 1031 exchange funds. Add this West Grand multifamily investment to your portfolio!

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Home facts

  • Year built:1888
  • Listing ID #:65026054324
  • Added:11 day(s) ago
  • Updated:October 24, 2026 at 10:03 AM

Rooms and interior

  • Living area:4,285 sq. ft.

Heating and cooling

  • Heating:Forced Air, Natural Gas, Space Heater

Structure and exterior

  • Roof:Rubber
  • Year built:1888
  • Building area:4,285 sq. ft.
  • Lot area:0.15 Acres
  • Construction Materials:Vinyl Siding
  • Foundation Description:Michigan Basement

Utilities

  • Water:Public
  • Sewer:Public Sewer, Sewer at Street

Finances and disclosures

  • Price:$599,000
  • Price per sq. ft.:$139.79
  • Tax amount:$4,917

Parking

  • Total parking spaces:6
  • Parking description:Asphalt, Gravel
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