Grand Rapids, MI 49503
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Grand Rapids, MI 49503
Grand Rapids, MI 49503
Grand Rapids, MI 49503
Grand Rapids, MI 49503
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Kersh Ruhl

Kersh Ruhl

+1(616) 212-8418
$ 665,000
Est. payment /mo
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Active

Grand Rapids, MI 49503

3,703 Sqft Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 2 to 4 Units

Listing Status Active

Purchase Type For Sale

Municipality City of Grand Rapids

MLS Listing ID 26006764

Year Built 1900

Annual Tax Amount $7,058

Tax Year 2025

Lot Size 3,703 Sqft

Acres 0.09

Lot Dimensions 50x48

Property Sub-Type 2 to 4 Units

Source Michigan Regional Information Center (MichRIC)

Property Description

Exceptional mixed-use investment opportunity in the heart of Grand Rapids! Located on the vibrant South Division Avenue corridor, this property offers two spacious apartments and two leased commercial spaces, delivering immediate, diversified cash flow with established tenants already in place. Street-level commercial units benefit from high visibility and strong foot traffic, while the generously sized residential units attract quality long-term tenants. Whether you're expanding your portfolio or seeking an owner-occupy opportunity, this property delivers prime urban positioning amid the continued growth and revitalization of downtown Grand Rapids. Don't miss your chance to own a piece of one of Michigan's most dynamic real estate markets!

Opportunity to bump rents and make improvements to commercial spaces as well.
This property requires a accepted LOI in order to show.Please do not contact or disrupt tenants.

Location

State MI

County Kent

Direction Take Cherry south to Division turn east on Division property has a blue garage door.

Rooms

Basement Michigan Basement

Interior

Heating Forced Air

Cooling Central Air

Laundry Common Area

Exterior

Utilities Available Natural Gas Connected, Electricity Connected

View Y/N No

Roof Type Rubber

Total Parking Spaces 4

Building

Lot Description Sidewalk

Sewer Public Sewer

Structure Type Brick

New Construction No

Schools

School District Grand Rapids

Others

Acceptable Financing Cash, Conventional, Tax Def Exchange

Listing Terms Cash, Conventional, Tax Def Exchange

Listed by Apex Realty Group
Kersh Ruhl

Kersh Ruhl

+1(616) 212-8418

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