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1230-1246 Alpine Avenue Nw
Grand Rapids, MI 49504

$995,000 - Status: Pending
MLS# 26013335

High-Yield 13-Unit Portfolio | 0.6 Acres in Downtown Grand RapidsRare opportunity to acquire a stabilized, cash-flowing asset in the heart of Grand Rapids. This C+/B- class portfolio features 13 units spread across 6 homes on adjoining parcels, totaling 0.6 acres. With over $140,000 in annual gross rent and a history of low vacancy, this is a turnkey workforce housing play. Major CapEx has already been addressed: all homes feature new roofs and the majority of furnaces have been recently updated. Controlled expenses and a prime location make this a premier addition to any institutional or private portfolio.

Property Features

MLS#: 26013335
Zip: 49504
Subdivision:
Development: City Of Grand Rapids
Property Type: Multi Unit - Multiple
Number of Units: 13
Basement: Full, Other
Days on Site: 30
Heating: Forced Air
Lot Size: 0.60 acres
Taxes: $12,404
Year Built: 1888

Feature Descriptions

Exterior: Vinyl Siding, Other
Lot Description: Level, Sidewalk
Lot Dimensions: 194x134
Owner Pays: Trash Collection, Water
Parcel Number: 41-13-13-356-009 --012
Parking: Paved, Unpaved
Parking Total: 13
Road Surface: Paved
Sewer: Public Sewer
Sub Type: 5+ Units
Tenant Pays: Electric, Gas
Units: 13
Utilities: Phone Available, Natural Gas Available, Electricity Available, Natural Gas Connected

Local Schools

School District: Grand Rapids

1230-1246 Alpine Avenue Nw | MLS# 26013335

This multi-family property located at 1230-1246 Alpine Avenue Nw, Grand Rapids, MI 49504 is currently listed for sale with an asking price of $995,000. 1230-1246 Alpine Avenue Nw is located within the Grand Rapids school district. Search Grand Rapids real estate on www.coldwellbanker1stchoice.com today.

Listed By / Shown By

Listed By

Agency Name: EXP Realty (Grand Rapids)
Agency Phone: 616-901-3620
Agent Name: Ryan Ogle

Shown By

Agency Title: Coldwell Banker 1st Choice
Agency Phone: (219) 324-2121

IDX logoThe property comes from the Member MLS's of the Michigan Regional Information Center, LLC (MichRIC). Copyright 2026 Michigan Regional Information Center, LLC (MichRIC). All rights reserved. Information deemed reliable, but not guaranteed. Data Last Updated 05/03/2026.

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