Property Type:
Multi Family
Lot Size (sq. ft.):
6,100
Status:
Active
Current Price:
$399,900
List Date:
9/14/2026
Last Modified:
9/14/2026
127 Lexington Avenue SW, Grand Rapids, MI 49504
New Listing
$399,900
Overview
Description
Listing Details MLS# 26048778
Location Property Info
- County
- Kent
- Street #
- 127
- Street Name
- Lexington
- Suffix
- Avenue
- Post Direction
- SW
- State
- MI
- Zip Code
- 49504
General Property Info
- Lot Measurement
- Acres
- Lot Square Footage
- 6100
- Lot Acres
- 0.14
- Lot Dimensions
- 50x122
- Year Built
- 1880
- New Construction
- No
- Cert of Compliance
- Yes
- Cert. of Compliance Exp Date
- 2031-08-11
- Road Frontage
- 50
- Total # Units
- 3
- # of Diff Unit Floor Plans
- 3
- Total # Bldgs
- Yes
- Total Approx. SqFt All Bldgs
- 1896
- Total Parking Spaces
- 4
- Waterfront
- No
- School District
- Grand Rapids
- Association YN
- No
Tax Info
- Tax ID #
- 41-13-25-307-022
- Taxable Value
- 41636
- SEV
- 153500
- For Tax Year
- 2026
- Seller's Annual Property Tax
- 2137
- Tax Year
- 2026
- Spec Assessment & Ty
- NK
- Zoning
- Res-Imp
Remarks Misc
- Directions
- Futlon St to Seward, south to address
Access Feat
- Accessibility Features
- No
More Information
Income and Expenses
- Annual Insurance
- 1667
- Annual Maintenance
- 500
- Annual Utilities
- 2603
- Gross Op. Inc.
- 33900
- Net Operating Income
- 30797
- Operating Expense
- 3103
Unit 1
- Unit #
- Yes
- Unit Description
- Efficiency
- Identical Units
- Yes
- SqFt
- 400
- Occupied
- Yes
- Monthly Rent
- 800
- Bathrooms
- Yes
- Full Baths
- Yes
Unit 2
- Unit #
- 2
- Unit Description
- Unit 2.Main Level.1b
- Identical Units
- Yes
- SqFt
- 700
- Occupied
- Yes
- Monthly Rent
- 925
- Bathrooms
- Yes
- Full Baths
- Yes
Unit 3
- Unit #
- 3
- Unit Description
- Upper Unit.2bed
- Identical Units
- Yes
- SqFt
- 797
- Occupied
- Yes
- Monthly Rent
- 1100
- Bathrooms
- Yes
- Full Baths
- Yes
Property Features
Laundry Features:
Common Area
Exterior Material:
Vinyl Siding
Roofing:
Composition
Substructure:
Crawl Space; Michigan Basement; Partial
Lot Description:
Level; Sidewalk
Sewer:
Public Sewer
Water:
Public Water
Utilities Attached:
Electricity Connected; Natural Gas Connected
Util Avail at Street:
Cable Available; Electricity Available; High Speed Internet; Natural Gas Available; Phone Available; Public Sewer; Public Water; Storm Sewer
Extras:
Sep Electric Meter
Owner Pays:
Gas; Trash Collection; Water
Tenant Pays:
Electric
Heat Source:
Natural Gas
Heat Type:
Forced Air
Air Conditioning:
Window Unit(s)
Driveway:
Aggregate
Street Type:
Gravel; Paved
Mineral Rights:
Unknown
Terms Available:
Cash; Conventional; FHA
Possession:
Subject To Tenant Rights
Sale Conditions:
None
Unit 1:
Range Oven; Refrigerator; Sep. Heat System; Washer/Dryer
Unit 2:
Range/Oven; Refrigerator; Sep. Heat System; Washer/Dryer
Unit 3:
Range/Oven; Refrigerator; Washer/Dryer
Listing Office:
Berkshire Hathaway HomeServices Michigan Real Estate (Main)
Listing Agent:
Keith J King
Last Updated: September - 14 - 2026
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
