116 and146 Coleman Street Se, Grand Rapids, MI 49548

Local realty services provided by:Better Homes and Gardens Real Estate Connections
116 and146 Coleman Street Se,Grand Rapids, MI 49548
$1,999,900
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Pending
Listed by: dwight j berens
Office: re/max of grand rapids (stndl)
MLS#:25051684
Source:MI_GRAR

Price summary

  • Price:$1,999,900

About this home

This is a rare opportunity for the smaller investor or investment group to own a solid 16-unit (2 building) apartment complex in desirable Gaines Township (lower millage rates than Kentwood or Wyoming). Units include five-1 bedroom units and eleven 2-bedroom units, a laundry room in each building, plus two 8-car carports and 12 more open air parking spaces. This is a one owner (seller bought from builder in 1985) - seller have enjoyed this investment for 40 years but ready to turn it over to younger buyers and then go sit in the sun. Rent has been kept below market for many long-term tenants. All units have separate heat and electric, owner pays for gas and electric in laundry room. Units are in a variety of updated conditions; some units have been recently updated while a few could use freshing up. Convenient to US 131 via 76th St. Seller will sell as a package, or is also willing to split the buildings into two properties (each building has its own parcel number and legal

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Home facts

  • Year built:1984
  • Listing ID #:25051684
  • Added:84 day(s) ago
  • Updated:December 17, 2025 at 10:05 AM

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Year built:1984
  • Lot area:1.2 Acres

Finances and disclosures

  • Price:$1,999,900
  • Tax amount:$13,800 (2025)

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