Properties for sale in Michigan

1340 Plainfield Avenue NE, Grand Rapids, MI 49505

$315,000

Property Type: Multi Family Lot Size (sq. ft.): 6,186 Status: Active

Current Price: $315,000 List Date: 8/19/2026 Last Modified: 8/28/2026

Overview

Description

Unlock instant equity and strong cash flow at 1340 Plainfield Ave NE! Whether you are seeking a lucrative house-hack to live nearly rent-free or adding a high-performing asset to your portfolio, this versatile triplex delivers on all fronts. Newly Renovated & Vacant Units: Units 1 and 2 have been freshly updated from top to bottom. Intentionally left vacant for the sale, they are completely move-in ready for an owner-occupant or immediate market-rate tenant placement. Low Landlord Overhead: Split utilities put the power bills on the tenants, maximizing your net operating income. High-Demand Amenities: Features on-site laundry—a premier driver for tenant retention and premium rental rates in this corridor. Prime Location: Situated in the vibrant Creston neighborhood, tenants will love being minutes from local dining, parks, and quick access to Downtown Grand Rapids and major highways.

Supplements: Units 1,2, & common space available to tour anytime. Unit 3 only available after accepted offer. Please view photos which were just taken and floor plans.

Listing Details MLS# 26043692

Location Property Info

County: Kent
Street #: 1340
Street Name: Plainfield
Suffix: Avenue
Post Direction: NE
State: MI
Zip Code: 49505

General Property Info

Lot Measurement: Acres
Lot Square Footage: 6186
Lot Acres: 0.14
Lot Dimensions: 57.43x107.75
Year Built: 1900
New Construction: No
Financial Available: No
Cert of Compliance: Yes
Road Frontage: 57
Total # Units: 3
# of Diff Unit Floor Plans: 3
Total # Bldgs: Yes
Total Parking Spaces: 2
Waterfront: No
School District: Grand Rapids
Association YN: No

Tax Info

Tax ID #: 411418357005
Taxable Value: 92005
SEV: 143700
For Tax Year: 2026
Seller's Annual Property Tax: 4625.81
Tax Year: 2025
Spec Assessment & Ty: N/A
Zoning: Residential

Access Feat

Accessibility Features: No

Unit 1

Unit #: Yes
Unit Description: Unit 1
SqFt: 475
Occupied: No
Bathrooms: Yes
Full Baths: Yes

More Information

Unit 2

Unit #: 2
Unit Description: Unit 2
SqFt: 825
Occupied: No
Bathrooms: Yes
Full Baths: Yes

Unit 3

Unit #: 3
Unit Description: Unit 3
SqFt: 825
Occupied: Yes
Monthly Rent: 950
Bathrooms: Yes
Full Baths: Yes

Property Features

Laundry Features: Common Area Exterior Material: Wood Siding Roofing: Composition Substructure: Full Sewer: Public Sewer Water: Public Water Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected; Phone Connected Util Avail at Street: None Owner Pays: Sewer; Trash Collection; Water Tenant Pays: Electric; Gas Heat Source: Natural Gas Heat Type: Forced Air; Wall Furnace Street Type: Paved; Public Mineral Rights: Unknown Terms Available: Cash; Conventional; FHA; MSHDA Possession: Close Of Escrow Sale Conditions: None Unit 1: Range Oven; Refrigerator; Sep. Heat System Unit 2: Range/Oven; Refrigerator; Sep. Heat System Unit 3: Range/Oven; Sep. Heat System; Washer/Dryer

Listing Office: Edison Brokers & Co LLC

Listing Agent: Mitchell D Luban

Last Updated: August - 28 - 2026

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