$250,000
Grand Rapids, MI 49506
MLS# 26037651
1 / 41
Property Description
Discover this well-maintained multi-unit investment property in Grand Rapids, MI, offering exceptional potential for investors and owner-occupants alike. This property features in-unit laundry, an updated kitchen, a garage, and a fully fenced yard. The lower unit offers 2 bedrooms and 1 bathroom, while the upper unit features 1 bedroom and 1 bathroom, providing flexible living and rental opportunities. Recently remodeled with updated electrical, a new roof, and new appliances, the property has since received additional valuable improvements. In 2022, all windows throughout the home were replaced. The lower unit features energy-efficient triple-pane windows that provide enhanced insulation and added sound reduction, while the upper unit was updated with energy-efficient double-pane tempered glass windows for increased safety and efficiency. The property has previously been certified as a rental and is code compliant awaiting its new owner. Schedule your showing today!
Details
Maps
Location & Property Info
Cross Streets: Eastern and Franklin
Property Sub-Type: 2 to 4 Units
Municipality: City of Grand Rapids
Ownership Type: Private Owned
Office/Contract Info
Auction or For Sale: For Sale
General Property Info
New Construction: No
Lot Dimensions: 50 x 124
Financial Available: No
Road Frontage: 50
Waterfront: No
Basement: Yes
Total # Units: 2
# of Diff Unit Floor Plans: 2
Total # Bldgs: 1
Total Parking Spaces: 4
School District: Grand Rapids
Association YN: No
Lot Measurement: Acres
Lot Square Footage: 6186
Lot Acres: 0.14
Year Built: 1890
Tax Info
Taxable Value: 60586
SEV: 86500
For Tax Year: 2025
Seller's Annual Property Tax: 2558.7
Tax Year: 2025
Homestead %: 50
Spec Assessment & Ty: N/A
Zoning: Res
Tax ID #: 41-14-32-153-007
Remarks & Misc
Public Remarks: Discover this well-maintained multi-unit investment property in Grand Rapids, MI, offering exceptional potential for investors and owner-occupants alike. This property features in-unit laundry, an updated kitchen, a garage, and a fully fenced yard. The lower unit offers 2 bedrooms and 1 bathroom, while the upper unit features 1 bedroom and 1 bathroom, providing flexible living and rental opportunities. Recently remodeled with updated electrical, a new roof, and new appliances, the property has since received additional valuable improvements. In 2022, all windows throughout the home were replaced. The lower unit features energy-efficient triple-pane windows that provide enhanced insulation and added sound reduction, while the upper unit was updated with energy-efficient double-pane tempered glass windows for increased safety and efficiency. The property has previously been certified as a rental and is code compliant awaiting its new owner. Schedule your showing today!
Legal: LOT 10* JENKS, DREW & NICHOLS ADDITION
Waterfront Options
Water Access Y/N: No
Street Type
Paved: 1
Util Avail at Street
Public Sewer: 1
Public Water: 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
MSHDA: 1
VA Loan: 1
Mineral Rights
Unknown: 1
Laundry Features
Common Area: 1
In Unit: 1
Lower Level: 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
None: 1
Driveway
Paved: 1
Substructure
Crawl Space: 1
Owner Pays
None: 1
Unit 1
Unit #: 1
Unit Description: Lower unit
SqFt: 870
Occupied: No
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Dishwasher: 1
Garage: 1
Range Oven: 1
Refrigerator: 1
Washer/Dryer: 1
Unit 2
Unit #: 2
Unit Description: Upper
SqFt: 600
Occupied: No
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Deck/Patio: 1
Garage: 1
Range/Oven: 1
Refrigerator: 1
Washer/Dryer: 1
Possession
Close Of Escrow: 1
Location Property Info
County: Kent
Street #: 832
Street Name: Thomas
Suffix: Street
Post Direction: SE
State: MI
Zip Code: 49506
Zip (4): 2645
OfficeContract Info
Status: Active
Current Price: $250,000
List Price: $250,000
Listing Date: 2026-07-22
Property Features
Laundry Features: Common Area; In Unit; Lower Level
Exterior Material: Vinyl Siding
Substructure: Crawl Space
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected
Util Avail at Street: Public Sewer; Public Water
Owner Pays: None
Tenant Pays: None
Heat Source: Natural Gas
Heat Type: Forced Air
Air Conditioning: Window Unit(s)
Driveway: Paved
Street Type: Paved
Mineral Rights: Unknown
Terms Available: Cash; Conventional; FHA; MSHDA; VA Loan
Possession: Close Of Escrow
Sale Conditions: None
Unit 1: Dishwasher; Garage; Range Oven; Refrigerator; Washer/Dryer
Unit 2: Deck/Patio; Garage; Range/Oven; Refrigerator; Washer/Dryer
Listing Office: Bellabay Realty (SW)
Listing Agent: Britton Curtiss
Last Updated: July - 23 - 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.