938 5th Street NW, Grand Rapids, MI 49504

New Listing
$290,000
Property Type: Multi Family Lot Size (sq. ft.): 5,856 Status: Active
Current Price: $290,000 List Date: 4/22/2026 Last Modified: 4/22/2026

Overview

Description

Great investment opportunity on the NW side of Grand Rapids! This 2-family unit features two identical units, each offering a spacious living room, 2 bedrooms, dining room, and kitchen complete with stove and refrigerator, along with a full bathroom and private back deck. Separate utilities for each unit add convenience, with shared laundry located in the basement. The exterior boasts low-maintenance aluminum siding, plus a 2-stall garage and additional carport for ample parking. Ideal for investors or owner-occupants alike! Lower unit rent: $1,110 Upper unit rent: $1,295

Listing Details MLS# 26017207

Location Property Info

County
Kent
Street #
938
Street Name
5th
Suffix
Street
Post Direction
NW
State
MI
Zip Code
49504
Zip (4)
5137

General Property Info

Lot Measurement
Acres
Lot Square Footage
5856
Lot Acres
0.13
Lot Dimensions
48x122
Year Built
1915
New Construction
No
Financial Available
No
Cert of Compliance
Yes
Cert. of Compliance Exp Date
2021-06-12
Road Frontage
48
Total # Units
2
# of Diff Unit Floor Plans
2
Total # Bldgs
Yes
Total Approx. SqFt All Bldgs
2288
Total Parking Spaces
4
Waterfront
No
School District
Grand Rapids
Basement
Yes

Tax Info

Tax ID #
41-13-23-432-001
Taxable Value
102869
SEV
137600
For Tax Year
2025
Seller's Annual Property Tax
5311.63
Tax Year
2025
Spec Assessment & Ty
N/A
Zoning
R-3
Homestead %
0

Remarks Misc

Directions
S Off Walker On Pine, E On 5th St To Home

Waterfront Options

Water Access Y/N
No

More Information

Access Feat

Accessibility Features
No

Unit 1

Unit Description
LR,DR,KIT2BDR,BATH
SqFt
1144
Occupied
Yes
Monthly Rent
1110
Bathrooms
Yes
Full Baths
Yes
Deck/Patio
Yes
Garage
Yes
Range Oven
Yes
Refrigerator
Yes
Washer/Dryer
Yes

Unit 2

Unit Description
LR,DR,KIT2BDR,BATH
SqFt
1144
Occupied
Yes
Monthly Rent
1295
Bathrooms
Yes
Full Baths
Yes
Deck/Patio
Yes
Range/Oven
Yes
Refrigerator
Yes
Washer/Dryer
Yes

Location & Property Info

Cross Streets
5th Street NW / Fremont Ave NW
Property Sub-Type
2 to 4 Units
Municipality
City of Grand Rapids

Office/Contract Info

Auction or For Sale
For Sale
List Price/SqFt
126.75

Remarks & Misc

Public Remarks
Great investment opportunity on the NW side of Grand Rapids! This 2-family unit features two identical units, each offering a spacious living room, 2 bedrooms, dining room, and kitchen complete with stove and refrigerator, along with a full bathroom and private back deck. Separate utilities for each unit add convenience, with shared laundry located in the basement. The exterior boasts low-maintenance aluminum siding, plus a 2-stall garage and additional carport for ample parking. Ideal for investors or owner-occupants alike! Lower unit rent: $1,110 Upper unit rent: $1,295
Legal
W 46 1/2 FT OF LOTS 17 & 18* C L COVELL S ADDITION* ALSO PART OF LOT 24 MOLLOY S PINE AVENUE ADD COM ON E LINE SD LOT 24 AT A PT 23 FT N LY FROM SE COR THEREOF TH W LY PAR S LY LINE SD LOT 24 4 FT TH N LY TO A PT ON S LINE FIFTH ST 2 FT W LY FROM NE COR SD LOT 24 TH E LY TO NE COR SD LOT 24 TH S LY TO BEG

Lot Description

Sidewalk
Yes

Street Type

Paved
Yes

Util Avail at Street

Natural Gas Available
Yes
Public Sewer
Yes
Public Water
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
MSHDA
Yes
VA Loan
Yes

Mineral Rights

Unknown
Yes

Exterior Material

Aluminum Siding
Yes

Roofing

Composition
Yes

Heat Source

Natural Gas
Yes

Sale Conditions

None
Yes

Heat Type

Forced Air
Yes

Air Conditioning

None
Yes

Tenant Pays

Electric
Yes
Gas
Yes

Driveway

Paved
Yes

Substructure

Full
Yes
Michigan Basement
Yes

Extras

Garages
Yes
Laundry Facility
Yes
Sep Electric Meter
Yes
Sep Gas Meter
Yes

Owner Pays

Sewer
Yes
Trash Collection
Yes
Water
Yes

Possession

Close Of Escrow
Yes

Property Features

Exterior Material: Aluminum Siding Roofing: Composition Substructure: Full; Michigan Basement Lot Description: Sidewalk Sewer: Public Sewer Water: Public Water Utilities Attached: Electricity Connected; Natural Gas Connected Util Avail at Street: Natural Gas Available; Public Sewer; Public Water Extras: Garages; Laundry Facility; Sep Electric Meter; Sep Gas Meter Owner Pays: Sewer; Trash Collection; Water Tenant Pays: Electric; Gas Heat Source: Natural Gas Heat Type: Forced Air Air Conditioning: None Driveway: Paved Street Type: Paved Mineral Rights: Unknown Terms Available: Cash; Conventional; FHA; MSHDA; VA Loan Possession: Close Of Escrow Sale Conditions: None Unit 1: Deck/Patio; Garage; Range Oven; Refrigerator; Washer/Dryer Unit 2: Deck/Patio; Range/Oven; Refrigerator; Washer/Dryer
IDX
Listing Office: ReSIDE Grand Rapids
Listing Agent: Connor Anderson
Source MLS Verified
Last Updated: April - 22 - 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.