1230 Alpine Avenue Nw, Grand Rapids, MI 49504

Grand Rapids
Local realty services provided by:Better Homes and Gardens Real Estate Connections
1230 Alpine Avenue Nw,Grand Rapids, MI 49504
$599,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: kyle p naumann
Office: edison brokers & co llc.
MLS#:26054324
Source:MI_MICHRIC

Price summary

  • Price:$599,000

About this home

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!

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Home facts

  • Year built:1888
  • Listing ID #:26054324
  • Added:1 day(s) ago
  • Updated:October 14, 2026 at 03:34 PM

Rooms and interior

  • Basement:Yes
  • Basement Description:Michigan Basement

Heating and cooling

  • Heating:Forced Air, Space Heater

Structure and exterior

  • Year built:1888
  • Lot area:0.15 Acres
  • Construction Materials:Vinyl Siding

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$599,000
  • Tax amount:$4,918 (2026)

Parking

  • Total parking spaces:6

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