Property Type:
Multi Family
Status:
Active
Current Price:
$360,000
List Date:
3/16/2026
Last Modified:
6/19/2026
1402 North Avenue NE, Grand Rapids, MI 49505
$360,000
Overview
Description
Listing Details MLS# 26010097
Location Property Info
- County
- Kent
- Street #
- 1402
- Street Name
- North
- Suffix
- Avenue
- Post Direction
- NE
- State
- MI
- Zip Code
- 49505
General Property Info
- Lot Measurement
- Acres
- Lot Dimensions
- 44x49x25x49x19x99
- Year Built
- 1890
- New Construction
- No
- Financial Available
- Yes
- Cert of Compliance
- Yes
- Road Frontage
- 44.87
- Total # Units
- 3
- # of Diff Unit Floor Plans
- 3
- Total # Bldgs
- 2
- Waterfront
- No
- School District
- Grand Rapids
- Basement
- Yes
- Total Parking Spaces
- 0
Tax Info
- Tax ID #
- 41-14-18-451-002
- Taxable Value
- 100615
- SEV
- 129500
- For Tax Year
- 2026
- Seller's Annual Property Tax
- 5030
- Tax Year
- 2025
- Spec Assessment & Ty
- No
- Zoning
- Res improved
- Homestead %
- 0
Remarks Misc
- Directions
- North of Leonard to North St.
Access Feat
- Accessibility Features
- No
More Information
Unit 1
- Unit Description
- Lower Unit
- SqFt
- 700
- Occupied
- Yes
- Monthly Rent
- 900
- Bathrooms
- 2
- Full Baths
- 2
Unit 2
- Unit Description
- Upper Unit
- SqFt
- 700
- Occupied
- No
- Monthly Rent
- 900
- Bathrooms
- Yes
- Full Baths
- Yes
Unit 3
- Unit Description
- Single Family
- SqFt
- 900
- Occupied
- No
- Monthly Rent
- 1300
- Bathrooms
- 2
- Full Baths
- Yes
- Half Baths
- Yes
Location & Property Info
- Cross Streets
- Fernando and Spencer
- Property Sub-Type
- 2 to 4 Units
- Municipality
- City of Grand Rapids
Office/Contract Info
- Auction or For Sale
- For Sale
Remarks & Misc
- Public Remarks
- Fully rented 3-unit investment property generating $3,300/month in rental income in Grand Rapids! This is a great opportunity for investors looking for a turnkey income-producing property or a potential DSCR loan opportunity.This unique parcel includes both a duplex and a fully renovated single-family home. The single-family home was taken down to the studs in 2022 and features updated HVAC, central air, electrical, plumbing, windows, and stainless steel appliances. That unit is currently rented for $1,300/month.The duplex is also fully occupied and includes a 2-bedroom, 2-bath lower unit rented at $900/month and a 1-bedroom, 1-bath upper unit rented at $900/month. The duplex roof has recently been replaced, adding additional value and peace of mind for the next owner.Whether you're looking to expand your rental portfolio, add a cash-flowing asset, or take advantage of Grand Rapids investment property demand, this is an opportunity you won't want to miss
- Legal
- S 44.87 FT OF LOT 1 BLK 2 & S 19.87 FT OF LOT 2 BLK 2* PAGE S SUBDIVISION* OF BLOCKS 16 & 17 STEWART & IVES ADDITION
Lot Description
- Sidewalk
- Yes
Street Type
- Public
- Yes
Util Avail at Street
- Cable Available
- Yes
- Electricity Available
- Yes
- Natural Gas Available
- Yes
- Public Sewer
- Yes
- Public Water
- Yes
- Storm Sewer
- Yes
Utilities Attached
- Electricity Connected
- Yes
- Natural Gas Connected
- Yes
Sewer
- Public Sewer
- Yes
Water
- Public Water
- Yes
Terms Available
- Cash
- Yes
- Conventional
- Yes
- FHA
- Yes
- VA Loan
- Yes
Laundry Features
- Laundry Room
- Yes
Exterior Material
- Vinyl Siding
- Yes
Roofing
- Composition
- Yes
Heat Source
- Natural Gas
- Yes
Sale Conditions
- None
- Yes
Heat Type
- Forced Air
- Yes
Tenant Pays
- Electric
- Yes
- Gas
- Yes
Driveway
- None
- Yes
Substructure
- Crawl Space
- Yes
- Full
- Yes
Owner Pays
- Water
- Yes
Possession
- Close Of Escrow
- Yes
Property Features
Laundry Features:
Laundry Room
Exterior Material:
Vinyl Siding
Roofing:
Composition
Substructure:
Crawl Space; Full
Lot Description:
Sidewalk
Sewer:
Public Sewer
Water:
Public Water
Utilities Attached:
Electricity Connected; Natural Gas Connected
Util Avail at Street:
Cable Available; Electricity Available; Natural Gas Available; Public Sewer; Public Water; Storm Sewer
Owner Pays:
Water
Tenant Pays:
Electric; Gas
Heat Source:
Natural Gas
Heat Type:
Forced Air
Driveway:
None
Street Type:
Public
Terms Available:
Cash; Conventional; FHA; VA Loan
Possession:
Close Of Escrow
Sale Conditions:
None
Listing Office:
Five Star Real Estate (Grandv)
Listing Agent:
Anthony Hernandez
Last Updated: June - 19 - 2026
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