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$995,000
36 Days On Site
1230-1246 Alpine Avenue NWGrand Rapids City, MI 49504
For Sale|Multi Family|Pending
22
Beds
0
Total Baths
10,507
SqFt
$95
/SqFt
1888
Built
County:
Kent
Call Now: 810-360-3488
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810-360-3488
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Monthly Payment (Est.)
$4,540Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.
High-Yield 13-Unit Portfolio \ 0.6 Acres in Downtown Grand RapidsRare opportunity to acquire a stabilized, cash-flowing asset in the heart of Grand Rapids. This C+/B- class portfolio features 13 units spread across 6 homes on adjoining parcels, totaling 0.6 acres. With over $140,000 in annual gross rent and a history of low vacancy, this is a turnkey 'workforce housing' play. Major CapEx has already been addressed: all homes feature new roofs and the majority of furnaces have been recently updated. Controlled expenses and a prime location make this a premier addition to any institutional or private portfolio.
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Listing Snapshot
Price
$995,000
Days On Site
36 Days
Bedrooms
22
Inside Area (SqFt)
10,507 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.6 Acres
Year Built
1888
MLS® Number
65026013335
Status
Pending
Property Tax
$12,404.16
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| 3 weeks ago | Listing updated with changes from the MLS® | |
| 3 weeks ago | Status changed to Pending | |
| a month ago | Listing first seen on site |
General Features
Acres
0.6
Cross Street
Courtney
Parking
PavedShared DrivewayUnpaved
Parking Spaces
13
Property Sub Type
Multi Family
Sewer
Public Sewer
SqFt Total
10507
Utilities
Natural Gas ConnectedPhone AvailableSewer ConnectedSewer Available
Water Source
Public
Zoning
Other
Interior Features
Basement
Full
Heating
Forced AirNatural Gas
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Exterior Features
Construction Details
OtherVinyl Siding
Lot Features
Level
Community Features
Community Features
Sidewalks
Financing Terms Available
Cash
MLS Area
Area41142GrandRapids
Roads
Paved
School District
GrandRapids
Schools
School District
GrandRapids
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of EXP Realty (Grand Rapids): [email protected]
IDX provided courtesy of Realcomp II Ltd. via GreaterRegionalAllianceofREALTORS. Copyright © 2026 Realcomp II Ltd. Shareholders.
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 and that the data is deemed reliable but not guaranteed accurate by the MLS.
IDX provided courtesy of Realcomp II Ltd. via GreaterRegionalAllianceofREALTORS. Copyright © 2026 Realcomp II Ltd. Shareholders.
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 and that the data is deemed reliable but not guaranteed accurate by the MLS.
Neighborhood & Commute
Source: Walkscore
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