3241 Marshall Avenue SE, Grand Rapids, MI 49508
Local realty services provided by:CENTURY 21 Affiliated
3241 Marshall Avenue SE,Grandrapids, MI 49508
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Sold
Listed by: vung l mang
Office: vj real estate
MLS#:65025060041
Source:MI_REALCOMP
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Price summary
- Price:
About this home
Owner occupied or Investment Opportunity!Welcome to 3241 Marshall Ave SE, a well-maintained and income-producing apartment building offering immediate cash flow and long-term upside. This solid property features three turnkey 2-bedroom, 1-bath units, each renting for $1,300/month, and one 1-bedroom, 1-bath unit renting for $1,100/month. One 2-bedroom unit is currently vacant for showings, making it ideal for owner-occupants or investors looking to fill at market rent. All units are occupied on month-to-month leases, providing excellent stability with the flexibility for future adjustments. Tenants are responsible for their own electric and trash, further maximizing net income for the new owner. Recent 2024 upgrades elevate the building's appeal and reduce future maintenance costs, including: Brand new roofs on both the main building and garage port-Fully updated Unit # 2-New front and back doors with enhanced security locks-Updated electrical systems-Updated common hallways
-New coin-operated laundry area
-Fresh interior and exterior paint
-Updated landscaping
-New mailboxes & exterior security lighting
-Full camera system covering outdoor areas and interior hallways
This is a clean, professionally updated building in strong rental conditionperfect for both seasoned investors and first-time multifamily buyers. Three of the occupied units will be made available for walkthrough after an accepted offer.
Don't miss this chance to add a high-performing property to your portfolio!...
Contact an agent
Home facts
- Year built:1964
- Listing ID #:65025060041
- Added:126 day(s) ago
- Updated:April 03, 2026 at 06:54 AM
Rooms and interior
- Basement Description:Daylight
Heating and cooling
- Cooling:Window Units
- Heating:Natural Gas, Radiant
Structure and exterior
- Roof:Composition
- Year built:1964
- Construction Materials:Brick
Utilities
- Water:Public
- Sewer:Public Sewer, Sewer at Street
Finances and disclosures
- Price:
- Tax amount:$8,842
Parking
- Total parking spaces:5
- Parking description:Carport, Concrete
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