$279,900
Grand Rapids, MI 49504
MLS# 26020826
1 / 27
Property Description
Located in the heart of Grand Rapids' bustling West Side, this fully rented investment property offers a rare opportunity to own in one of the city's fastest-growing and most vibrant neighborhoods. Just minutes from the new soccer stadium, this income-producing asset is surrounded by popular bars, restaurants, breweries, and entertainment destinations that continue to drive strong demand and neighborhood growth. With stable tenants already in place and unbeatable proximity to downtown attractions, this property is ideal for investors seeking immediate cash flow and long-term appreciation potential in a thriving urban corridor.
Details
Maps
Location & Property Info
Cross Streets: Indiana Ave SW
Property Sub-Type: 2 to 4 Units
Municipality: City of Grand Rapids
Ownership Type: Broker/Agent Owned
Office/Contract Info
Auction or For Sale: For Sale
General Property Info
New Construction: No
Lot Dimensions: 50 x 66
Road Frontage: 50
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
Association YN: No
Lot Measurement: Acres
Lot Square Footage: 3311
Lot Acres: 0.08
Year Built: 1910
Tax Info
Taxable Value: 58232
SEV: 117700
For Tax Year: 2025
Seller's Annual Property Tax: 3006.76
Tax Year: 2025
Homestead %: 0
Spec Assessment & Ty: N/A
Zoning: R-2
Tax ID #: 41-13-26-437-002
Remarks & Misc
Public Remarks: Located in the heart of Grand Rapids' bustling West Side, this fully rented investment property offers a rare opportunity to own in one of the city's fastest-growing and most vibrant neighborhoods. Just minutes from the new soccer stadium, this income-producing asset is surrounded by popular bars, restaurants, breweries, and entertainment destinations that continue to drive strong demand and neighborhood growth. With stable tenants already in place and unbeatable proximity to downtown attractions, this property is ideal for investors seeking immediate cash flow and long-term appreciation potential in a thriving urban corridor.
Legal: N 1/2 OF LOT 5 BLK 7* SHEPARD S ADDITION
Waterfront Options
Water Access Y/N: No
Lot Description
Sidewalk: 1
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
Utilities Attached
Natural Gas Connected: 1
Sewer
Public Sewer: 1
Water
Public Water: 1
Terms Available
Cash: 1
Conventional: 1
FHA: 1
MSHDA: 1
VA Loan: 1
Mineral Rights
Unknown: 1
Laundry Features
In Unit: 1
Exterior Material
Shingle Siding: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Heat Type
Forced Air: 1
Access Feat
Accessibility Features: No
Tenant Pays
Electric: 1
Gas: 1
Driveway
Paved: 1
Substructure
Michigan Basement: 1
Owner Pays
Sewer: 1
Trash Collection: 1
Water: 1
Unit 1
Unit Description: Unit One
SqFt: 0
Occupied: Yes
Monthly Rent: 1300
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Unit 2
Unit Description: Unit 2
SqFt: 0
Occupied: Yes
Monthly Rent: 1175
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Possession
Close Of Escrow: 1
Location Property Info
County: Kent
Street #: 820
Street Name: Watson
Suffix: Street
Post Direction: SW
State: MI
Zip Code: 49504
Zip (4): 6248
OfficeContract Info
Status: Active
Current Price: $279,900
List Price: $279,900
Listing Date: 2026-05-08
Property Features
Laundry Features: In Unit
Exterior Material: Shingle Siding
Substructure: Michigan Basement
Lot Description: Sidewalk
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Natural Gas Connected
Util Avail at Street: Cable Available; Electricity Available; High Speed Internet; Natural Gas Available; Phone Available; Public Sewer; Public Water
Owner Pays: Sewer; Trash Collection; Water
Tenant Pays: Electric; Gas
Heat Source: Natural Gas
Heat Type: Forced Air
Driveway: Paved
Street Type: Paved
Mineral Rights: Unknown
Terms Available: Cash; Conventional; FHA; MSHDA; VA Loan
Possession: Close Of Escrow
Sale Conditions: None
Listing Office: Cody and Co.
Listing Agent: Ricardo S Cottengim
Last Updated: May - 08 - 2026
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