$725,000
1053 1055 3rd Street NW
Grand Rapids, MI 49504
MLS# 26002440



1053 1055 3rd Street NW, Grand Rapids, MI 49504
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Property Description
Well-maintained 3-unit income property located in the heart of Grand Rapids' west side. This property features 3 residential units across 2 separate buildings, offering flexibility for investors or owner-occupants. Situated on a 60 ft road frontage lot, the parcel provides approximately 2,942 sq ft of total building area and ample off-street parking with up to 6 spaces. The property includes basement space, separate living areas, and multiple unit layouts. Conveniently located near downtown Grand Rapids, major highways, public transportation, schools, and local amenities.

Details
Maps
Documents
Location Property Info
County: Kent
Street #: 1053
Street Name: 3rd
Suffix: Street
Post Direction: NW
State: MI
Zip Code: 49504
Zip (4): 5081
Area: Grand Rapids - G
OfficeContract Info
Status: Active
Current Price: $725,000
List Price: $725,000
Listing Date: 2026-01-20
General Property Info
Lot Measurement: Acres
Lot Square Footage: 3554
Lot Acres: 0.08
Lot Dimensions: 60 X 104
Year Built: 1870
New Construction: No
Financial Available: No
Financial Comments: Cash, Conventional
Cert of Compliance: No
Road Frontage: 60
Total # Units: 3
# of Diff Unit Floor Plans: 2
Total # Bldgs: 2
Total Approx. SqFt All Bldgs: 2942
Total Parking Spaces: 6
Waterfront: No
School District: Grand Rapids
Tax Info
Tax ID #: 41-13-23-412-033
Taxable Value: 53304
SEV: 165400
For Tax Year: 2025
Seller's Annual Property Tax: 2340.26
Tax Year: 2025
Spec Assessment & Ty: N/A
Zoning: TN-TBA
Remarks Misc
Directions: U.S. 196 to Lane Ave, North to 3rd St NW, West to address
Waterfront Options
Water Access Y/N: No
Access Feat
Accessibility Features: No
Unit 1
Unit #: 1
Unit Description: 1053
SqFt: 772
Occupied: Yes
Bedrooms: 3
Bathrooms: 1
Full Baths: 1
Unit 2
Unit #: 1055
Unit Description: Apto 1
SqFt: 931
Occupied: Yes
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Unit 3
Unit #: 1055
Unit Description: Apto 2
SqFt: 884
Occupied: Yes
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Property Features
Laundry Features: Common Area; Laundry Room
Water Type: Other
Exterior Material: Wood Siding
Roofing: Composition
Substructure: Full
Lot Description: Wooded
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected; Phone Connected
Util Avail at Street: Cable Available; Electricity Available; High Speed Internet; Natural Gas Available; Phone Available; Public Sewer; Public Water; Storm Sewer; None
Owner Pays: None
Tenant Pays: None
Heat Source: Natural Gas
Heat Type: Forced Air
Driveway: Paved
Street Type: Paved; Public
Mineral Rights: Unknown
Terms Available: Cash; Conventional
Possession: Close Of Escrow
Sale Conditions: None
Unit 1: Deck/Patio; Dishwasher; Garage
Unit 2: Deck/Patio; Dishwasher; Garage
Unit 3: Range/Oven; Dishwasher; Garage

Listing Office: Lake Michigan Realty Mgmt

Listing Agent: Javier Rodriguez

Last Updated: January - 20 - 2026

1053 1055 3rd Street NW, Grand Rapids, MI 49504 - MLS# 26002440

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