$599,900
Grand Rapids, MI 49508
MLS# 26007237
1 / 36
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. Brand new coin-operated washer & dryer installed in 2026, providing additional income potential for investors, 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. The units, 3201 AND 3203, has been fully remodeled with a brand-new kitchen, modern appliances, updated vinyl flooring, and fresh finishes throughout. 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 approximate
Details
Maps
Documents
Location & Property Info
Cross Streets: Marshall Ave SE
Property Sub-Type: 2 to 4 Units
Municipality: City of Grand Rapids
Office/Contract Info
On-Market Date: 2026-03-03
Auction or For Sale: For Sale
List Price/SqFt: 173.18
General Property Info
New Construction: No
Lot Dimensions: 81 X 185
Road Frontage: 81
Cert of Compliance: Yes
Waterfront: No
Basement: Yes
Total # Units: 4
# of Diff Unit Floor Plans: 2
Total # Bldgs: 1
Total Approx. SqFt All Bldgs: 3464
Total Parking Spaces: 5
School District: Grand Rapids
Lot Measurement: Acres
Lot Square Footage: 14985
Lot Acres: 0.34
Year Built: 1966
Tax Info
Taxable Value: 148360
SEV: 207100
For Tax Year: 2025
Seller's Annual Property Tax: 0
Tax Year: 2025
Homestead %: 0
Spec Assessment & Ty: N/A
Zoning: RES
Tax ID #: 41-18-17-301-005
Remarks & Misc
Public Remarks: 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. Brand new coin-operated washer & dryer installed in 2026, providing additional income potential for investors, 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. The units, 3201 AND 3203, has been fully remodeled with a brand-new kitchen, modern appliances, updated vinyl flooring, and fresh finishes throughout. 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 approximate
Legal: LOT 16 EX THE S 3 FT THEREOF* GREEN ACRES PLAT NO 1
Waterfront Options
Water Access Y/N: No
Street Type
Paved: 1
Public: 1
Util Avail at Street
Public Sewer: 1
Utilities Attached
Natural Gas Connected: 1
Sewer
Public Sewer: 1
Water
Public Water: 1
Terms Available
Cash: 1
Conventional: 1
Exterior Material
Brick: 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
Driveway
Paved: 1
Substructure
Full: 1
Owner Pays
Gas: 1
Sewer: 1
Trash Collection: 1
Water: 1
Unit 1
Unit #: 3201
Unit Description: 2 Bed / 1 Bath, Livi
SqFt: 869
Occupied: Yes
Monthly Rent: 1350
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Garage: 1
Unit 2
Unit #: 3203
Unit Description: 2 Bed / 1 Bath, Livi
SqFt: 869
Occupied: Yes
Monthly Rent: 1045
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Garage: 1
Unit 3
Unit #: 3205
Unit Description: 2 Bed / 1 Bath, Livi
SqFt: 869
Occupied: Yes
Monthly Rent: 1100
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Garage: 1
Unit 4
Unit #: 3207
Unit Description: 2 Bed / 1 Bath, Livi
SqFt: 869
Occupied: Yes
Monthly Rent: 1099
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Garage: 1
Possession
Close Plus 30 Days: 1
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: Active
Current Price: $599,900
List Price: $599,900
Listing Date: 2026-02-27
Remarks Misc
Directions: Eastern to 33rd, E on 33rd to Marshall
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: March - 20 - 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.