$724,900
Grand Rapids, MI 49548
MLS# 26007667
1 / 68
Property Description
Turnkey 4-unit investment opportunity with strong in-place income and upside potential. Three units are occupied by long-term, reliable tenants, while the fourth has been fully renovated and is ready for a new tenant, or ideal for owner-occupancy to maximize mortgage and tax advantages. Each unit offers an identical 3-bedroom, 1.5-bath layout with in-unit laundry, making it highly desirable for tenants. Projected gross monthly rents of $7,300 based on current market rates. Live in one unit and let the other three help pay your mortgage while you build equity! Conveniently located within walking distance to bus stops, grocery stores, and everyday amenities. Major capital improvements include a new roof (2023), new composite rear deck (2024), and fresh exterior paint (2025). A rare blend of stability, cash flow, and long-term appreciation potential. Showings begin 3/6 Fri&Sat 4-7pm, Sun 2-4pm.
Details
Maps
Location & Property Info
Cross Streets: BUCHANAN & 44TH
Property Sub-Type: 2 to 4 Units
Municipality: City of Wyoming
Office/Contract Info
Auction or For Sale: For Sale
List Price/SqFt: 161.09
General Property Info
New Construction: No
Lot Dimensions: 85X135
Financial Available: No
Road Frontage: 85
Cert of Compliance: Yes
Waterfront: No
Basement: No
Total # Units: 4
# of Diff Unit Floor Plans: 1
Total # Bldgs: 1
Total Approx. SqFt All Bldgs: 4500
Total Parking Spaces: 8
School District: Kelloggsville
Lot Measurement: Acres
Lot Square Footage: 11369
Lot Acres: 0.26
Year Built: 1969
Tax Info
Taxable Value: 129466
SEV: 185800
For Tax Year: 2025
Seller's Annual Property Tax: 8285.08
Tax Year: 2025
Homestead %: 0
Spec Assessment & Ty: NA
Zoning: Res
Tax ID #: 41-17-24-480-010
Remarks & Misc
Public Remarks: Turnkey 4-unit investment opportunity with strong in-place income and upside potential. Three units are occupied by long-term, reliable tenants, while the fourth has been fully renovated and is ready for a new tenant, or ideal for owner-occupancy to maximize mortgage and tax advantages. Each unit offers an identical 3-bedroom, 1.5-bath layout with in-unit laundry, making it highly desirable for tenants. Projected gross monthly rents of $7,300 based on current market rates. Live in one unit and let the other three help pay your mortgage while you build equity! Conveniently located within walking distance to bus stops, grocery stores, and everyday amenities. Major capital improvements include a new roof (2023), new composite rear deck (2024), and fresh exterior paint (2025). A rare blend of stability, cash flow, and long-term appreciation potential. Showings begin 3/6 Fri&Sat 4-7pm, Sun 2-4pm.
Legal: LOTS 19 & 20 * SOUTH GARDEN PARK
Lot Description
Sidewalk: 1
Street Type
Paved: 1
Public: 1
Util Avail at Street
Cable Available: 1
Electricity Available: 1
High Speed Internet: 1
Natural Gas Available: 1
Phone Available: 1
Public Water: 1
Utilities Attached
Electricity Connected: 1
Natural Gas Connected: 1
Phone Connected: 1
Sewer
Public Sewer: 1
Water
Public Water: 1
Terms Available
Cash: 1
FHA: 1
VA Loan: 1
Laundry Features
In Unit: 1
Exterior Material
Aluminum Siding: 1
Brick: 1
Roofing
Composition: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Heat Type
Hot Water: 1
Air Conditioning
Wall Unit(s): 1
Access Feat
Accessibility Features: No
Tenant Pays
Electric: 1
Gas: 1
Sewer: 1
Trash: 1
Water: 1
None: 1
Driveway
Paved: 1
Substructure
Slab: 1
Extras
Sep Electric Meter: 1
Owner Pays
Gas: 1
Sewer: 1
Trash Collection: 1
Water: 1
Unit 1
Unit #: 1
Unit Description: 102
Identical Units: 4
SqFt: 1005
Occupied: Yes
Monthly Rent: 1450
Bedrooms: 3
Bathrooms: 2
Full Baths: 1
Half Baths: 1
A/C Unit: 1
Deck/Patio: 1
Range Oven: 1
Refrigerator: 1
Unit 2
Unit #: 2
Unit Description: 104
SqFt: 1005
Occupied: Yes
Monthly Rent: 1825
Bedrooms: 3
Bathrooms: 2
Full Baths: 1
Half Baths: 1
A/C Unit: 1
Deck/Patio: 1
Range/Oven: 1
Unit 3
Unit #: 3
Unit Description: 106
SqFt: 1005
Occupied: No
Monthly Rent: 1850
Bedrooms: 3
Bathrooms: 2
Full Baths: 1
Half Baths: 1
Range/Oven: 1
A/C Unit: 1
Deck/Patio: 1
Refrigerator: 1
Unit 4
Unit #: 4
Unit Description: 108
SqFt: 1005
Occupied: Yes
Monthly Rent: 1500
Bedrooms: 3
Bathrooms: 2
Full Baths: 1
Half Baths: 1
A/C Unit: 1
Deck/Patio: 1
Range/Oven: 1
Refrigerator: 1
Possession
Close Of Escrow: 1
Location Property Info
County: Kent
Street #: 100
Street Name: 43rd
Suffix: Street
Post Direction: SW
State: MI
Zip Code: 49548
Zip (4): 3142
OfficeContract Info
Status: Active
Current Price: $724,900
List Price: $724,900
Listing Date: 2026-03-02
Property Features
Laundry Features: In Unit
Exterior Material: Aluminum Siding; Brick
Roofing: Composition
Substructure: Slab
Lot Description: Sidewalk
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Electricity Connected; Natural Gas Connected; Phone Connected
Util Avail at Street: Cable Available; Electricity Available; High Speed Internet; Natural Gas Available; Phone Available; Public Water
Extras: Sep Electric Meter
Owner Pays: Gas; Sewer; Trash Collection; Water
Tenant Pays: Electric; Gas; Sewer; Trash; Water; None
Heat Source: Natural Gas
Heat Type: Hot Water
Air Conditioning: Wall Unit(s)
Driveway: Paved
Street Type: Paved; Public
Terms Available: Cash; FHA; VA Loan
Possession: Close Of Escrow
Sale Conditions: None
Unit 1: A/C Unit; Deck/Patio; Range Oven; Refrigerator
Unit 2: A/C Unit; Deck/Patio; Range/Oven
Unit 3: Range/Oven; A/C Unit; Deck/Patio; Refrigerator
Unit 4: A/C Unit; Deck/Patio; Range/Oven; Refrigerator
Listing Office: Keller Williams GR East
Listing Agent: Casity H Kao
Last Updated: March - 03 - 2026
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