Multi Family homes for sale & real estate in 49505, MI

Multi Family Home for sale in 49505, MI:

Excellent investment opportunity in Grand Rapids' West Grand neighborhood! This fully occupied, five-unit property features a four-unit building plus a standalone single-family home, currently generating $64,920 in gross annual rental income (assuming full occupancy). The unit mix includes two 2-bedroom, 1-bathroom units, two 3-bedroom, 1-bathroom units, and a separate 2-bedroom, 1.5-bathroom home. Each unit is equipped with its own electric meter, water heater, and furnace, providing added independence for tenants and streamlined utility management. 4 of the 5 water heaters were replaced in September 2026. Even better, the property is certified with the City of Grand Rapids through 2030, w

Multi Family Home for sale in 49505, MI:

Discover an investment opportunity in Grand Rapids with this two- to four-unit multifamily property. The lower unit is occupied by a tenant, providing income from day one, while the upstairs unit is vacant and available for a new lease or owner occupancy. The compact 2,875-square-foot lot provides efficient land use in an established area. Whether you're building equity through ownership or seeking to diversify your investment portfolio, this property offers the potential for steady value appreciation. The configuration supports multiple income streams or flexible living arrangements, making it a practical choice for ownership-focused buyers seeking long-term financial stability.

Multi Family Home for sale in 49505, MI:

511 Emerald is a real Gem! Just two blocks north of Michigan St. NE. Walking distance to a variety of restaurants and hospitals, this up and down duplex has been extensively updated. Ribbon Driveway off street parking for one. Large Deck off sliders in back yard. Downstairs Apartment is larger with additional dining area and slider to deck. Access to basement is accessed from outside. Laundry area is in basement and traditionally has been used by only Apartment 1-first floor tenant. First time on the market in 26 years. This two story duplex is ready to take over ownership and find your renter. In the last year, new kitchens with new stove and dishwashers in each apartment. furnaces and hea

Multi Family Home for sale in 49505, MI:

Welcome to your completely renovated side-by-side duplex at 47-49 Straight Ave SW, Grand Rapids, MI! This exceptional property offers two thoughtfully designed units: a spacious 3-bedroom, 1-bath residence and a versatile 2-bedroom plus bonus room, 1-bath unit--ideal for owner-occupants or investors seeking strong rental potential. Every detail has been meticulously updated. Enjoy a brand-new electrical, plumbing, roof and siding, LVP flooring on the main levels, soft carpet upstairs, and beautifully tiled bathrooms. The gourmet kitchens feature new appliances, deep sinks, elegant countertops, modern lighting, and fresh flooring throughout. Both units have been fully transformed from top to

Multi Family Home for sale in 49505, MI:

Midtown Two unit rental Great Opportunity for owner occupied or investor. $4000 seller concessions toward Mgt costs try FHA, VA, MSHDA for low or zero down payment. Convenient NE location walkable to coffee n donut shop or local pub, close to Downtown Grand Rapids, Medical Mile and expressway access. Owner occupied for many years with many updates such as vinyl sided, newer windows, Separate gas and electric, shared laundry. Both units have 2 bedrooms 1 bath, porch or deck. fenced in yard 1 1/2 stall garage. Super opportunity to own your home and have a lower payment, or rent out both units as an income property. Ez to show quick possession.

Multi Family Home for sale in 49505, MI:

Here's an opportunity to own a classic Heritage Hill 2 family. Both units have been updated with modern kitchens & newer floor coverings. Both are 2 bedrooms & 1 bath. Large parking pad behind the home can accommodate as many vehicles as needed. Showings will begin at the Open House on Sunday, 10/4, from 2-4 PM. Private showings with 48 hour notice can be scheduled on Tuesday, Thursday, & Saturdays from Noon-2 PM.