$379,900
Grand Rapids, MI 49504
MLS# 26021176
1 / 36
Property Description
Updated, versatile, and packed with potential, this unique 2-unit property offers flexibility for owner-occupants, investors, or multigenerational living. The main unit is currently owner occupied, while the upper unit is leased through March 2027, providing immediate and stable rental income. In October 2023, the home was professionally lifted 3 feet and upgraded with a brand-new foundation, new water and sewer lines, 2 new water heaters, and all new ductwork. The result is an impressive lower level that feels more like a daylight basement than a traditional basement space. Featuring 4 egress windows, the lower level includes 2 bedrooms, a full bathroom, living area, and plumbing already in place for a future wet bar or small kitchenette. A separate private exterior entrance adds even more flexibility for extended living space, guest quarters, or future expansion possibilities. The basement is ready for floor coverings, and all city permits have been finalized. Outside, the
Details
Maps
Location & Property Info
Cross Streets: Leonard and Lincoln
Property Sub-Type: 2 to 4 Units
Municipality: City of Grand Rapids
Office/Contract Info
Auction or For Sale: For Sale
General Property Info
New Construction: No
Lot Dimensions: 40.6x123
Road Frontage: 40123
Cert of Compliance: Yes
Waterfront: No
Basement: Yes
Total # Units: 2
# of Diff Unit Floor Plans: 2
Total # Bldgs: 1
Total Parking Spaces: 2
School District: Grand Rapids
Lot Measurement: Acres
Lot Square Footage: 4994
Lot Acres: 0.11
Year Built: 1880
Tax Info
Taxable Value: 75320
SEV: 101400
For Tax Year: 2025
Seller's Annual Property Tax: 3204
Tax Year: 2025
Homestead %: 50
Spec Assessment & Ty: no
Zoning: residential 1-5
Tax ID #: 41-13-23-202-014
Remarks & Misc
Public Remarks: Updated, versatile, and packed with potential, this unique 2-unit property offers flexibility for owner-occupants, investors, or multigenerational living. The main unit is currently owner occupied, while the upper unit is leased through March 2027, providing immediate and stable rental income.
In October 2023, the home was professionally lifted 3 feet and upgraded with a brand-new foundation, new water and sewer lines, 2 new water heaters, and all new ductwork. The result is an impressive lower level that feels more like a daylight basement than a traditional basement space. Featuring 4 egress windows, the lower level includes 2 bedrooms, a full bathroom, living area, and plumbing already in place for a future wet bar or small kitchenette. A separate private exterior entrance adds even more flexibility for extended living space, guest quarters, or future expansion possibilities. The basement is ready for floor coverings, and all city permits have been finalized.
Outside, the
Legal: LOT 12* N W NORTHROP S FIFTH ADDITION
Street Type
Paved: 1
Util Avail at Street
Cable Available: 1
Electricity Available: 1
High Speed Internet: 1
Natural Gas Available: 1
Phone Available: 1
Public Sewer: 1
Public Water: 1
Storm Sewer: 1
Utilities Attached
Cable Connected: 1
Electricity Connected: 1
Natural Gas Connected: 1
Sewer
Public Sewer: 1
Water
Public Water: 1
Terms Available
Cash: 1
Conventional: 1
FHA: 1
Exterior Material
Vinyl Siding: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Heat Type
Forced Air: 1
Air Conditioning
Window Unit(s): 1
Access Feat
Accessibility Features: No
Tenant Pays
Electric: 1
Gas: 1
Driveway
Unpaved: 1
Substructure
Daylight: 1
Full: 1
Walk-Out Access: 1
Owner Pays
Sewer: 1
Trash Collection: 1
Water: 1
Unit 1
Unit #: 1
Unit Description: owner occupied
SqFt: 1050
Occupied: Yes
Monthly Rent: 0
Bedrooms: 4
Bathrooms: 2
Full Baths: 2
A/C Unit: 1
Deck/Patio: 1
Dishwasher: 1
Garb Disp: 1
Range Oven: 1
Refrigerator: 1
W/D Hookup: 1
Washer/Dryer: 1
Unit 2
Unit #: 2
Unit Description: upper unit
SqFt: 831
Occupied: Yes
Monthly Rent: 1300
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
A/C Unit: 1
Range/Oven: 1
Refrigerator: 1
Possession
Close Plus 3 to 5 Days: 1
Location Property Info
County: Kent
Street #: 1100
Street Name: Lincoln
Suffix: Avenue
Post Direction: NW
State: MI
Zip Code: 49504
Zip (4): 4116
OfficeContract Info
Status: Active
Current Price: $379,900
List Price: $379,900
Listing Date: 2026-05-09
Property Features
Exterior Material: Vinyl Siding
Substructure: Daylight; Full; Walk-Out Access
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected
Util Avail at Street: Cable Available; Electricity Available; High Speed Internet; Natural Gas Available; Phone Available; Public Sewer; Public Water; Storm Sewer
Owner Pays: Sewer; Trash Collection; Water
Tenant Pays: Electric; Gas
Heat Source: Natural Gas
Heat Type: Forced Air
Air Conditioning: Window Unit(s)
Driveway: Unpaved
Street Type: Paved
Terms Available: Cash; Conventional; FHA
Possession: Close Plus 3 to 5 Days
Sale Conditions: None
Unit 1: A/C Unit; Deck/Patio; Dishwasher; Garb Disp; Range Oven; Refrigerator; W/D Hookup; Washer/Dryer
Unit 2: A/C Unit; Range/Oven; Refrigerator
Supplements
garage will require repair or possible replacement, creating an opportunity for, additional off-street parking, storage, or potential accessory dwelling unit (ADU) possibilities, subject to local approvals.
A rare opportunity to own a property where the major structural and mechanical improvements have already been completed, while still offering significant upside potential for future value and income growth.
Listing agent is the owner.
Listing Office: Baragar Realty LLC
Listing Agent: Ronald J Barstow
Last Updated: May - 09 - 2026
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