$599,900
Grand Rapids, MI 49508
MLS# 26007237
Status: Coming Soon
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Property Description
Incredible all-brick income property located at the end of a quiet cul-de-sac, fully rented with long-term tenants and offering exceptional updates and strong investment potential. This solid multi-unit building features major mechanical upgrades completed in 2025, including a brand-new high-efficiency boiler, updated plumbing, and a new hot water heater -- all designed to reduce ongoing maintenance and lower utility costs (current gas bill averages approximately $150/month and water approximately $200/month). One of the units, 3201, has been fully remodeled with a brand-new kitchen, modern appliances, updated vinyl flooring, and fresh finishes throughout. This unit rents for $1,250/month and includes all utilities. The property offers excellent additional amenities, including a 5-stall garage, an extra storage shed, private backyard space, and basement storage rooms for tenants. There is also a coin-operated washer and dryer on-site, generating approximately $50/month in additional
Details
Maps
Documents
Location Property Info
County: Kent
Street #: 3201
Street Name: Marshall
Suffix: Avenue
Post Direction: SE
State: MI
Zip Code: 49508
Zip (4): 2424
OfficeContract Info
Status: Coming Soon
Current Price: $599,900
List Price: $599,900
Listing Date: 2026-02-27
General Property Info
Lot Measurement: Acres
Lot Square Footage: 14985
Lot Acres: 0.34
Lot Dimensions: 81 X 185
Year Built: 1966
New Construction: No
Cert of Compliance: Yes
Road Frontage: 81
Total # Units: 4
# of Diff Unit Floor Plans: 2
Total # Bldgs: 1
Total Approx. SqFt All Bldgs: 3464
Total Parking Spaces: 5
Waterfront: No
School District: Grand Rapids
Tax Info
Tax ID #: 41-18-17-301-005
Taxable Value: 148360
SEV: 207100
For Tax Year: 2025
Tax Year: 2025
Spec Assessment & Ty: N/A
Zoning: RES
Remarks Misc
Directions: Eastern to 33rd, E on 33rd to Marshall
Waterfront Options
Water Access Y/N: No
Access Feat
Accessibility Features: No
Unit 1
Unit #: 3201
Unit Description: 2 Bed / 1 Bath, Livi
SqFt: 869
Occupied: Yes
Monthly Rent: 1250
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Unit 2
Unit #: 3203
Unit Description: 2 Bed / 1 Bath, Livi
SqFt: 869
Occupied: Yes
Monthly Rent: 1200
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Unit 3
Unit #: 3205
Unit Description: 2 Bed / 1 Bath, Livi
SqFt: 869
Occupied: Yes
Monthly Rent: 1200
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Unit 4
Unit #: 3207
Unit Description: 2 Bed / 1 Bath, Livi
SqFt: 869
Occupied: Yes
Monthly Rent: 1199
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Property Features
Exterior Material: Brick
Substructure: Full
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Natural Gas Connected
Util Avail at Street: Public Sewer
Owner Pays: Gas; Sewer; Trash Collection; Water
Tenant Pays: Electric
Heat Source: Natural Gas
Heat Type: Hot Water
Air Conditioning: Wall Unit(s)
Driveway: Paved
Street Type: Paved; Public
Terms Available: Cash; Conventional
Possession: Close Plus 30 Days
Sale Conditions: None
Unit 1: Garage
Unit 2: Garage
Unit 3: Garage
Unit 4: Garage
Delays & Coming Soon 
Listing Office: Lake Michigan Realty Mgmt
Listing Agent: Javier Rodriguez
Last Updated: February - 27 - 2026
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.