Grand Rapids, MI 49504
MLS# 26054324
Excellent investment opportunity in Grand Rapids' West Grand neighborhood! This fully occupied, five-unit property features a four-unit building plus a standalone single-family home, currently generating $64,920 in gross annual rental income (assuming full occupancy). The unit mix includes two 2-bedroom, 1-bathroom units, two 3-bedroom, 1-bathroom units, and a separate 2-bedroom, 1.5-bathroom home. Each unit is equipped with its own electric meter, water heater, and furnace, providing added independence for tenants and streamlined utility management. 4 of the 5 water heaters were replaced in September 2026. Even better, the property is certified with the City of Grand Rapids through 2030, with certification transferable to the new owner. A compelling opportunity for investors seeking an established, income-producing property or a potential destination for 1031 exchange funds. Add this West Grand multifamily investment to your portfolio!
Listed by Kyle P Naumann · Edison Brokers & Co LLC
Estimate only — principal & interest, no taxes or insurance. Rates change daily; confirm with your lender.
$3,029/mo
$119,800 down · $479,200 financed
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