1230 Alpine NW Avenue, Grand Rapids, MI 49504
1230 Alpine NW Avenue, Grand Rapids, MI 49504
1230 Alpine NW Avenue, Grand Rapids, MI 49504
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$599,000
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6,469 Sqft Lot
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1230 Alpine NW Avenue Grand Rapids, MI 49504

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Jonathan Stowers

Jonathan Stowers

+1(269) 675-0215

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 5+ Units

Listing Status Active

Purchase Type For Sale

Municipality City of Grand Rapids

MLS Listing ID 26054324

Year Built 1888

Annual Tax Amount $4,917

Tax Year 2026

Lot Size 6,469 Sqft

Acres 0.15

Lot Dimensions 49.33 x 131.16

Property Sub-Type 5+ Units

Source Michigan Regional Information Center (MichRIC)

Property Description

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, with certification transferable to the new owner. A compelling opportunity for investors seeking an established, income-producing property or a potential destination for 1031 exchange funds. Add this West Grand multifamily investment to your portfolio!

Location

State MI

County Kent

Rooms

Basement Michigan Basement

Interior

Heating Forced Air, Space Heater

Laundry None

Exterior

Parking Features Asphalt, Driveway, Gravel

Utilities Available Phone Available, Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected

View Y/N No

Roof Type Rubber

Total Parking Spaces 6

Building

Sewer Public Sewer

Structure Type Vinyl Siding

New Construction No

Schools

School District Grand Rapids

Others

Tax ID 41-13-13-356-012

Acceptable Financing Cash, Conventional, Tax Def Exchange

Listing Terms Cash, Conventional, Tax Def Exchange

Listed by Edison Brokers & Co LLC

NEARBY SCHOOL & BUSINESS

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Jonathan Stowers

Jonathan Stowers

Agent License ID: 6501449876

+1(269) 675-0215

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1230 Alpine NW Avenue