$525,000

836 Sherman Street SE, Grand Rapids, MI 49506

Grand Rapids, MI 49506

MLS# 26035888

Bedrooms: 4
Bathrooms: 2
Sq ft: 6,970
Year built: 1929
Days on market: 0

About this property

This fully occupied 4-unit apartment building is an excellent investment opportunity just 5 minutes from Downtown Grand Rapids and Trinity Health Hospital. Located on the border of the desirable East Hills and Madison neighborhoods, the property features two 2-bedroom units and two 1-bedroom units. Recently updated (2024-2025) with luxury vinyl plank flooring, granite countertops, and modern cabinetry, this turnkey investment offers immediate cash flow in a high-demand rental market.

Interior

Living area: 6,970 sq ft
Appliances: Refrigerator, Range
Heating: Forced Air
Levels: Quad-Level
Stories: 2

Exterior & construction

Construction: Concrete
Lot size: 0 sq ft
Lot dimensions: 0

Utilities

Water source: Public

Financial

Annual tax: $7,110
Tax year: 2025
Assessed value: $144,100

Location

Listed by Stewart Beal · Beal Properties LLC

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Home priceDown payment (20%)Interest rate (%)Loan term

$2,655/mo

$105,000 down · $420,000 financed

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Listing information is deemed reliable but not guaranteed and is provided exclusively for consumers' personal, non-commercial use. Listings are provided courtesy of the participating listing broker. This information is believed accurate but is not warranted and all measurements and calculations are approximate.