Map
Link Copied
Listed price in listed location currency (USD).
$195,000
$199,000

000

MLS® 65025012461

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size -
Garage 
Taxes $1,435
Lot Size 
Approx. Age 1905
MLS® Number 65025012461

Property Address: 1403 Turner Ave Nw, Grand Rapids, MI, 49504-3236

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

Description

Property beats the 1% Rule! Excellent opportunity to own a two-unit residential rental property in the heart of downtown Grand Rapids. $2300/mo rents. Each unit features 1 bedroom, 1 bath, with long-term tenants already in place. All utilities are split, with tenants covering electricity, gas, and trash, while the owner pays for water and sewer--making for a low-maintenance investment.The upstairs unit has been updated with granite countertops, a stainless steel refrigerator and stove, adding value and appeal. The lower unit includes a basement laundry hookup, offering additional convenience for tenants.With strong rental demand in this prime location, there is significant potential to improve rent over time, increasing cash flow and long-term returns. Don't miss thissolid investment opportunity in a growing market! Back on market due to buyer financing.
MLS® Number65025012461
Laundry LevelLower
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1905
Basement
DrivewayNone
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

Aug 8, 2025End Date
$195,000Sold Price

Sold

Mar 30, 2025List Date
$199,000List Price
  • Commute

Commute

Starting Address
Destination Address
1403 Turner Ave Nw, Grand Rapids, MI

Similar Listings

Comparable Properties