1402 North Avenue Ne NE
Grand Rapids, Michigan 49505
6
Bed
0
Bath
Fully rented 3-unit investment property generating $3,300/month in rental income in Grand Rapids! This is a great opportunity for investors looking for a turnkey income-producing property or a potential DSCR loan opportunity.This unique parcel includes both a duplex and a fully renovated single-family home. The single-family home was taken down to the studs in 2022 and features updated HVAC, central air, electrical, plumbing, windows, and stainless steel appliances. That unit is currently rented for $1,300/month.The duplex is also fully occupied and includes a 2-bedroom, 2-bath lower unit rented at $900/month and a 1-bedroom, 1-bath upper unit rented at $900/month. The duplex roof has recently been replaced(2026), adding additional value and peace of mind for the next owner.Whether you're
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Interior Features
Laundry Facility Roof: Composition -
Heating & Cooling
Heating: Forced Air Heating Fuel: Natural Gas
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Building Information
Year Built: 1890 Total Units: 3 Roof: Composition Foundation/Basement: Crawl -
Utility Features
Sewer: Sewer (Sewer-Sanitary),Sewer at Street,Storm Drain -
Water
Public (Municipal)
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Lot Information
Lot Size: 0.00 Lot Dimensions: 44x49x25x49x19x99 Frontage Feet: 45 -
Property Information
Financing: Cash,Conventional,FHA,VA
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Listing Price Information
Original List Price: $360,000 -
Listing Information
Possession: At Close Legal Description: S 44.87 FT OF LOT 1 BLK 2 & S 19.87 FT OF LOT 2 BLK 2* PAGE S SUBDIVISION* OF BLOCKS 16 & 17 STEWART & IVES ADDITION
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Tax Information
Annual Tax: $5,030 Parcel Number: 411418451002Possession
At CloseLegal Information
Legal Description: Section: S 44.87 FT OF LOT 1 BLK 2 & S 19.87 FT OF LOT 2 BLK 2* PAGE S SUBDIVISION* OF BLOCKS 16 & 17 STEWART & IVES ADDITION
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Unit 1 Information
# of Bedrooms: 1 -
Unit 2 Information
# of Bedrooms: 1 -
Unit 3 Information
# of Bedrooms: 1
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School Information
School District: Grand Rapids -
Utility Information
Water: Public (Municipal) Sewer: Sewer (Sewer-Sanitary),Sewer at Street,Storm Drain
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1420 Buffalo Avenue Ne NE, Grand Rapids, MI, 49505 | $274,000 | 4 | -- | -- | |
| 238 Travis Street Ne NE, Grand Rapids, MI, 49505 | $247,000 | 3 | -- | -- | |
| 129 Palmer Street Ne NE, Grand Rapids, MI, 49505 | $309,000 | 4 | -- | -- | |
| 1501 College Avenue Ne NE, Grand Rapids, MI, 49505 | $299,900 | 4 | -- | -- |
Similar Multifamily To 1402 North Avenue Ne NE
Nearby For Sale
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ByOwner last updated this listing 08/06/2026 @ 00:09
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