Property Type:
Multi Family
Lot Size (sq. ft.):
3,554
Status:
Active
Current Price:
$725,000
List Date:
1/20/2026
Last Modified:
2/13/2026
1053 1055 3rd Street NW, Grand Rapids, MI 49504
$725,000
Description
Well-maintained 3-unit income property located in the heart of Grand Rapids' west side. This property features 3 residential units across 2 separate buildings, offering flexibility for investors or owner-occupants. Situated on a 60 ft road frontage lot, the parcel provides approximately 2,942 sq ft of total building area and ample off-street parking with up to 6 spaces.The property includes basement space, separate living areas, and multiple unit layouts. Conveniently located near downtown Grand Rapids, major highways, public transportation, schools, and local amenities.
More Information MLS# 26002440
Location & Property Info
Modifier: 1055
Cross Streets: Pine Av NW & 3rd St NW
Property Sub-Type: 2 to 4 Units
Area: Grand Rapids - G
Municipality: City of Grand Rapids
Office/Contract Info
Auction or For Sale: For Sale
List Price/SqFt: 246.43
General Property Info
New Construction: No
Lot Dimensions: 60 X 104
Financial Available: No
Financial Comments: Cash, Conventional
Road Frontage: 60
Cert of Compliance: No
Waterfront: No
Basement: Yes
Total # Units: 3
# of Diff Unit Floor Plans: 2
Total # Bldgs: 2
Total Approx. SqFt All Bldgs: 2942
Total Parking Spaces: 6
School District: Grand Rapids
Lot Measurement: Acres
Lot Square Footage: 3554
Lot Acres: 0.08
Year Built: 1870
Tax Info
Taxable Value: 53304
SEV: 165400
For Tax Year: 2025
Seller's Annual Property Tax: 2340.26
Tax Year: 2025
Homestead %: 0
Spec Assessment & Ty: N/A
Zoning: TN-TBA
Tax ID #: 41-13-23-412-033
Remarks & Misc
Public Remarks: Well-maintained 3-unit income property located in the heart of Grand Rapids' west side. This property features 3 residential units across 2 separate buildings, offering flexibility for investors or owner-occupants. Situated on a 60 ft road frontage lot, the parcel provides approximately 2,942 sq ft of total building area and ample off-street parking with up to 6 spaces.The property includes basement space, separate living areas, and multiple unit layouts. Conveniently located near downtown Grand Rapids, major highways, public transportation, schools, and local amenities.
Legal: LOT 4* G M BARKERS SUBDIVISION
Waterfront Options
Water Access Y/N: No
Water Type
Other: 1
Lot Description
Wooded: 1
Street Type
Paved: 1
Public: 1
Util Avail at Street
Cable Available: 1
Electricity Available: 1
High Speed Internet: 1
Natural Gas Available: 1
Phone Available: 1
Public Sewer: 1
Public Water: 1
Storm Sewer: 1
None: 1
Utilities Attached
Cable Connected: 1
Electricity Connected: 1
Natural Gas Connected: 1
Phone Connected: 1
Sewer
Public Sewer: 1
Water
Public Water: 1
Terms Available
Cash: 1
Conventional: 1
Mineral Rights
Unknown: 1
Laundry Features
Common Area: 1
Laundry Room: 1
Exterior Material
Wood Siding: 1
Roofing
Composition: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Heat Type
Forced Air: 1
Access Feat
Accessibility Features: No
Tenant Pays
None: 1
Driveway
Paved: 1
Substructure
Full: 1
Owner Pays
None: 1
Unit 1
Unit #: 1
Unit Description: 1053
SqFt: 772
Occupied: Yes
Monthly Rent: 0
Bedrooms: 3
Bathrooms: 1
Full Baths: 1
Deck/Patio: 1
Dishwasher: 1
Garage: 1
Unit 2
Unit #: 1055
Unit Description: Apto 1
SqFt: 931
Occupied: Yes
Monthly Rent: 0
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Deck/Patio: 1
Dishwasher: 1
Garage: 1
Unit 3
Unit #: 1055
Unit Description: Apto 2
SqFt: 884
Occupied: Yes
Monthly Rent: 0
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Range/Oven: 1
Dishwasher: 1
Garage: 1
Possession
Close Of Escrow: 1
Location Property Info
County: Kent
Street #: 1053
Street Name: 3rd
Suffix: Street
Post Direction: NW
State: MI
Zip Code: 49504
Zip (4): 5081
OfficeContract Info
Status: Active
Current Price: $725,000
List Price: $725,000
Listing Date: 2026-01-20
Remarks Misc
Directions: U.S. 196 to Lane Ave, North to 3rd St NW, West to address
Property Features
Laundry Features: Common Area; Laundry Room
Water Type: Other
Exterior Material: Wood Siding
Roofing: Composition
Substructure: Full
Lot Description: Wooded
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected; Phone Connected
Util Avail at Street: Cable Available; Electricity Available; High Speed Internet; Natural Gas Available; Phone Available; Public Sewer; Public Water; Storm Sewer; None
Owner Pays: None
Tenant Pays: None
Heat Source: Natural Gas
Heat Type: Forced Air
Driveway: Paved
Street Type: Paved; Public
Mineral Rights: Unknown
Terms Available: Cash; Conventional
Possession: Close Of Escrow
Sale Conditions: None
Unit 1: Deck/Patio; Dishwasher; Garage
Unit 2: Deck/Patio; Dishwasher; Garage
Unit 3: Range/Oven; Dishwasher; Garage
Seller's Disclosure ›
Listing Office:
Lake Michigan Realty Mgmt
Listing Agent:
Javier Rodriguez
Last Updated: February - 13 - 2026
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