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Listed price in listed location currency (USD).
$995,000

221213

MLS® 26013335

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size -
Garage No
Taxes $12,404
Lot Size 0.6 acres
Approx. Age 1888
MLS® Number 26013335

Property Address: 1230-1246 Alpine Ave Nw, Grand Rapids, MI, 49504-3140

Average square foot calculated using Size range provided by listing agent.

Description

High-Yield 13-Unit Portfolio | 0.6 Acres in Downtown Grand Rapids Rare 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.
MLS® Number26013335
Laundry Level
Central VacNo
FireplaceNo
Acreage0.6
Exterior
GarageNo
Approx. Age1888
BasementFull, Other
DrivewayPaved, Unpaved
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
-Sold Price

Pending

Apr 1, 2026List Date
$995,000List Price
  • Commute

Commute

Starting Address
Destination Address
1230-1246 Alpine Ave Nw, Grand Rapids, MI

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