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, adding additional value and peace of mind for the next owner.Whether youre looking to expand your rental portfolio, add a cash-flowing asset, or take advantage of Grand Rapids investment property demand, this is an opportunity you wont want to miss
Listed By
Agency Name: Five Star Real Estate (Grandv)
Agent Name: Anthony Hernandez
Agency Phone: 616-257-1500
Shown By
Agency Title: Coldwell Banker 1st Choice
Agency Phone: (219) 324-2121
![]() | The 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 06/26/2026. |
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1402 North Avenue Ne | MLS# 26010097
This multi-family property located at 1402 North Avenue Ne, Grand Rapids, MI 49505 is currently listed for sale with an asking price of $360,000. North Avenue Ne is located within the Grand Rapids school district. Search Grand Rapids real estate on www.coldwellbanker1stchoice.com today.