859 Butterworth Street Sw SW
Grand Rapids, Michigan 49504
3
Bed
0
Bath
0.20Acre(Lot)
Great investment opportunity on the desirable SW side! This 3-unit multifamily property features three spacious 1-bedroom, 1-bathroom units, each with split utilities and plenty of off-street parking. The property is currently professionally managed by United Properties, making it an excellent option for a hands-off investor. All three units are occupied and under current leases, generating $2,875 in total monthly rental income. Tenants are responsible for split utilities, while the owner is responsible for water and sewer. With a great location, strong occupancy, and existing rental income, this property is a great addition to any investment portfolio.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
-
Interior Features
Laundry Facility -
Heating & Cooling
Heating: Forced Air Heating Fuel: Natural Gas
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Building Information
Year Built: 1890 Total Units: 3 Foundation/Basement: Michigan Basement -
Utility Features
Sewer: Sewer (Sewer-Sanitary),Sewer at Street -
Water
Public (Municipal)
-
Lot Information
Lot Size: 0.20 Lot Dimensions: 179 x 49 Frontage Feet: 49 -
Property Information
Financing: Cash,Conventional,FHA,VA
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Listing Price Information
Original List Price: $329,900 -
Listing Information
Possession: At Close Legal Description: E 48 FT OF LOT 10 BLK 2* GUNNISON S SUBDIVISION* OF PART OF SHEPARD S ADDITION
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Tax Information
Annual Tax: $2,371 Parcel Number: 411326478017Possession
At CloseLegal Information
Legal Description: Section: E 48 FT OF LOT 10 BLK 2* GUNNISON S SUBDIVISION* OF PART OF SHEPARD S ADDITION
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Unit 1 Information
# of Bedrooms: 3
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School Information
School District: Grand Rapids -
Utility Information
Water: Public (Municipal) Sewer: Sewer (Sewer-Sanitary),Sewer at Street
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 646 Broadway Avenue Nw NW, Grand Rapids, MI, 49504 | $409,000 | 7 | -- | -- | |
| 1130 Jackson Street Nw NW, Grand Rapids, MI, 49504 | $449,900 | 7 | -- | -- | |
| 40 Lexington Avenue Nw NW, Grand Rapids, MI, 49504 | $1,275,000 | 4 | -- | -- | |
| 1313 Davis Avenue Nw NW, Grand Rapids, MI, 49504 | $279,000 | 4 | -- | -- | |
| 820 Mcreynolds Avenue N.., Grand Rapids, MI, 49504 | $352,000 | 4 | -- | -- | |
| 1246 Alpine Avenue Nw NW, Grand Rapids, MI, 49504 | $370,000 | 8 | -- | -- | |
| 1242 Alpine Avenue Nw NW, Grand Rapids, MI, 49504 | $220,000 | 2 | -- | -- | |
| 623 Lane Avenue Nw NW, Grand Rapids, MI, 49504 | $305,000 | 7 | -- | -- | |
| 1520 Quarry Avenue Nw NW, Grand Rapids, MI, 49504 | $335,000 | 4 | -- | -- | |
| 1129 Hamilton Avenue Nw.., Grand Rapids, MI, 49504 | $349,000 | 6 | -- | -- |
Similar Multifamily To 859 Butterworth Street Sw SW
Nearby For Sale
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ByOwner last updated this listing 08/13/2026 @ 08:48
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