Properties for sale in Michigan

Overview

Description

Incredible all-brick income property located at the end of a quiet cul-de-sac, fully rented with long-term tenants and offering exceptional updates and strong investment potential. Brand new coin-operated washer & dryer installed in 2026, providing additional income potential for investors, including a brand-new high-efficiency boiler, updated plumbing, and a new hot water heater -- all designed to reduce ongoing maintenance and lower utility costs (current gas bill averages approximately $150/month and water approximately $200/month. The units, 3201 AND 3203, has been fully remodeled with a brand-new kitchen, modern appliances, updated vinyl flooring, and fresh finishes throughout. The property offers excellent additional amenities, including a 5-stall garage, an extra storage shed, private backyard space, and basement storage rooms for tenants. There is also a coin-operated washer and dryer on-site, generating approximate

Location Property Info

County: Kent
Street #: 3201
Street Name: Marshall
Suffix: Avenue
Post Direction: SE
State: MI
Zip Code: 49508
Zip (4): 2424

General Property Info

Lot Measurement: Acres
Lot Square Footage: 14985
Lot Acres: 0.34
Lot Dimensions: 81 X 185
Year Built: 1966
New Construction: No
Cert of Compliance: Yes
Road Frontage: 81
Total # Units: 4
# of Diff Unit Floor Plans: 2
Total # Bldgs: Yes
Total Approx. SqFt All Bldgs: 3464
Total Parking Spaces: 5
Waterfront: No
School District: Grand Rapids
Basement: Yes

Tax Info

Tax ID #: 41-18-17-301-005
Taxable Value: 148360
SEV: 207100
For Tax Year: 2025
Tax Year: 2025
Spec Assessment & Ty: N/A
Zoning: RES
Seller's Annual Property Tax: 0
Homestead %: 0

Remarks Misc

Directions: Eastern to 33rd, E on 33rd to Marshall

Waterfront Options

Water Access Y/N: No

More Information

Access Feat

Accessibility Features: No

Unit 1

Unit #: 3201
Unit Description: 2 Bed / 1 Bath, Livi
SqFt: 869
Occupied: Yes
Monthly Rent: 1350
Bathrooms: Yes
Full Baths: Yes
Garage: Yes

Unit 2

Unit #: 3203
Unit Description: 2 Bed / 1 Bath, Livi
SqFt: 869
Occupied: Yes
Monthly Rent: 1045
Bathrooms: Yes
Full Baths: Yes
Garage: Yes

Unit 3

Unit #: 3205
Unit Description: 2 Bed / 1 Bath, Livi
SqFt: 869
Occupied: Yes
Monthly Rent: 1100
Bathrooms: Yes
Full Baths: Yes
Garage: Yes

Unit 4

Unit #: 3207
Unit Description: 2 Bed / 1 Bath, Livi
SqFt: 869
Occupied: Yes
Monthly Rent: 1099
Bathrooms: Yes
Full Baths: Yes
Garage: Yes

Location & Property Info

Cross Streets: Marshall Ave SE
Property Sub-Type: 2 to 4 Units
Municipality: City of Grand Rapids

Office/Contract Info

On-Market Date: 2026-03-03
Auction or For Sale: For Sale
List Price/SqFt: 167.09

Remarks & Misc

Public Remarks: Incredible all-brick income property located at the end of a quiet cul-de-sac, fully rented with long-term tenants and offering exceptional updates and strong investment potential. Brand new coin-operated washer & dryer installed in 2026, providing additional income potential for investors, including a brand-new high-efficiency boiler, updated plumbing, and a new hot water heater -- all designed to reduce ongoing maintenance and lower utility costs (current gas bill averages approximately $150/month and water approximately $200/month. The units, 3201 AND 3203, has been fully remodeled with a brand-new kitchen, modern appliances, updated vinyl flooring, and fresh finishes throughout. The property offers excellent additional amenities, including a 5-stall garage, an extra storage shed, private backyard space, and basement storage rooms for tenants. There is also a coin-operated washer and dryer on-site, generating approximate
Legal: LOT 16 EX THE S 3 FT THEREOF* GREEN ACRES PLAT NO 1

Street Type

Paved: Yes
Public: Yes

Util Avail at Street

Public Sewer: Yes

Utilities Attached

Natural Gas Connected: Yes

Sewer

Public Sewer: Yes

Water

Public Water: Yes

Terms Available

Cash: Yes
Conventional: Yes
FHA: Yes

Exterior Material

Brick: Yes

Heat Source

Natural Gas: Yes

Sale Conditions

None: Yes

Heat Type

Hot Water: Yes

Air Conditioning

Wall Unit(s): Yes

Tenant Pays

Electric: Yes

Driveway

Paved: Yes

Substructure

Full: Yes

Owner Pays

Gas: Yes
Sewer: Yes
Trash Collection: Yes
Water: Yes

Possession

Close Of Escrow: Yes
Subject To Tenant Rights: Yes

Property Features

Exterior Material: Brick Substructure: Full Sewer: Public Sewer Water: Public Water Utilities Attached: Natural Gas Connected Util Avail at Street: Public Sewer Owner Pays: Gas; Sewer; Trash Collection; Water Tenant Pays: Electric Heat Source: Natural Gas Heat Type: Hot Water Air Conditioning: Wall Unit(s) Driveway: Paved Street Type: Paved; Public Terms Available: Cash; Conventional; FHA Possession: Close Of Escrow; Subject To Tenant Rights Sale Conditions: None Unit 1: Garage Unit 2: Garage Unit 3: Garage Unit 4: Garage

3201 Marshall Avenue SE, Grand Rapids, MI 49508