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3201 Marshall Avenue SE, Grand Rapids, MI 49508

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For Sale

$620,000

0.34 acres

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Newly Listed
    Time on Century 21

  • 0.3 acres
    Lot size

  • Over 50 Years Old
    Age

Explore this Property

Incredible all-brick income property located at the end of a quiet cul-de-sac, fully rented with long-term tenants and offering exceptional updates and investment potential. This solid multi-unit building features major mechanical upgrades completed in 2024, including a brand new high-efficiency boiler, updated plumbing, and a new hot water heater all designed to reduce ongoing maintenance and lower utility costs (current gas bill is only $150/month). 9Water 200 per month)One of the units, 3201, has been fully remodeled with a brand new kitchen, modern appliances, updated vinyl flooring, and fresh finishes throughout. It rents for $1,250/month and includes all utilities. The property also offers excellent amenities such as a 5-stall garage, additional storage shed, coin-operated laundry generating approximately $50/month, and a private backyard space. Tenants enjoy comfortable layouts, inviting vinyl flooring, a charming front porch, and basement storage rooms. Whether you're looking to expand your portfolio or live in one unit while renting the others, this property provides flexibility, stability, and strong income. high-performing property in a desirable location. All major systems have been recently upgraded, offering peace of mind and reduced operating costs. This is truly a turn-key investment that shows pride of ownership and consistent cash flow. Don't miss your chance to own a clean, updated building with great tenants, strong rental income, and excellent long-term potential
MLS# 25037907

Courtesy Of Lake Michigan Realty Management LLC
1777 28 St SW, Wyoming, MI 49519
(616) 304-1699

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Exterior Type
    Brick
  • Lot Size
    0.34 Acres

Map and Directions

Directions to 3201 Marshall Avenue SE, Grand Rapids, MI 49508

Home seller CENTURY 21 White House Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 White House Realty

(231) 972-7676
Learn More About Us

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Monthly Payment Breakdown

  • Principle and Interest
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  • Property Taxes
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  • Hazard Insurance
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  • Private Mortgage Insurance
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  • HOA Dues
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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Copyright © 2025 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is 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. Information being provided is 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.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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