939 Prospect Avenue NE, Grand Rapids, MI 49503

New Listing
$259,900
Property Type: Multi Family Lot Size (sq. ft.): 4,182 Status: Active
Current Price: $259,900 List Date: 5/06/2026 Last Modified: 5/06/2026

Overview

Description

Up/down duplex opportunity in one of Grand Rapids' most desirable rental corridors. This multi-family property features two units, including a 3-bedroom, 1-bath upper unit and recent rents at $1,395. The main level offers a 2-bedroom, 1-bath with recent rent of $1,295. Both units are vacant allowing an investor to immediately set market rent or an owner-occupant to move in while offsetting their mortgage. Major capital improvements have already been completed, including a new roof, replacement windows, updated electrical with separate meters and panels, and an updated upper unit bathroom. While there is no in-unit laundry, the property features off-street parking in the rear with alley access, adding convenience and tenant appeal. Located within walking distance to Belknap Park and Griffs Icehouse and less than a mile from the Medical Mile. Easy access for showings. Property management can remain in place making this a truly turn key opportunity.

Listing Details MLS# 26020372

Location Property Info

County
Kent
Street #
939
Street Name
Prospect
Suffix
Avenue
Post Direction
NE
State
MI
Zip Code
49503
Zip (4)
1636

General Property Info

Lot Measurement
Acres
Lot Square Footage
4182
Lot Acres
0.1
Lot Dimensions
34 x 123
Year Built
1900
New Construction
No
Cert of Compliance
Yes
Cert. of Compliance Exp Date
2030-11-09
Road Frontage
34
Total # Units
2
# of Diff Unit Floor Plans
2
Total # Bldgs
Yes
Total Approx. SqFt All Bldgs
1463
Total Parking Spaces
2
Waterfront
No
School District
Grand Rapids
Basement
Yes

Tax Info

Tax ID #
41-14-19-178-020
Taxable Value
36400
SEV
77000
For Tax Year
2025
Seller's Annual Property Tax
1879.46
Tax Year
2025
Spec Assessment & Ty
N/A
Zoning
RES
Homestead %
0

Remarks Misc

Directions
Follow Google Maps

Access Feat

Accessibility Features
No

More Information

Unit 1

Unit #
Yes
Unit Description
2B,1BA,LV,KEA
SqFt
836
Occupied
Yes
Monthly Rent
1195
Bathrooms
Yes
Full Baths
Yes
Range Oven
Yes
Refrigerator
Yes

Unit 2

Unit #
2
Unit Description
3B,1BA,LV,KEA
SqFt
836
Occupied
No
Monthly Rent
1295
Bathrooms
Yes
Full Baths
Yes
Range/Oven
Yes
Refrigerator
Yes

Location & Property Info

Cross Streets
Prospect & Cedar
Property Sub-Type
2 to 4 Units
Municipality
City of Grand Rapids
Ownership Type
Private Owned

Office/Contract Info

Auction or For Sale
For Sale
List Price/SqFt
177.65

Remarks & Misc

Public Remarks
Up/down duplex opportunity in one of Grand Rapids' most desirable rental corridors. This multi-family property features two units, including a 3-bedroom, 1-bath upper unit and recent rents at $1,395. The main level offers a 2-bedroom, 1-bath with recent rent of $1,295. Both units are vacant allowing an investor to immediately set market rent or an owner-occupant to move in while offsetting their mortgage. Major capital improvements have already been completed, including a new roof, replacement windows, updated electrical with separate meters and panels, and an updated upper unit bathroom. While there is no in-unit laundry, the property features off-street parking in the rear with alley access, adding convenience and tenant appeal. Located within walking distance to Belknap Park and Griffs Icehouse and less than a mile from the Medical Mile. Easy access for showings. Property management can remain in place making this a truly turn key opportunity.
Legal
N 34 FT OF LOT 7 BLK 2* W C BRADFORD S ADDITION

Street Type

Paved
Yes

Util Avail at Street

Cable Available
Yes

Utilities Attached

Electricity Connected
Yes
Natural Gas Connected
Yes

Sewer

Public Sewer
Yes

Water

Public Water
Yes

Terms Available

Cash
Yes
Conventional
Yes

Exterior Material

Aluminum Siding
Yes

Roofing

Composition
Yes

Heat Source

Natural Gas
Yes

Sale Conditions

None
Yes

Heat Type

Forced Air
Yes

Tenant Pays

Electric
Yes
Trash
Yes

Driveway

Paved
Yes

Substructure

Full
Yes
Michigan Basement
Yes

Extras

Sep Electric Meter
Yes

Owner Pays

Gas
Yes
Sewer
Yes
Water
Yes

Possession

Close Of Escrow
Yes

Property Features

Exterior Material: Aluminum Siding Roofing: Composition Substructure: Full; Michigan Basement Sewer: Public Sewer Water: Public Water Utilities Attached: Electricity Connected; Natural Gas Connected Util Avail at Street: Cable Available Extras: Sep Electric Meter Owner Pays: Gas; Sewer; Water Tenant Pays: Electric; Trash Heat Source: Natural Gas Heat Type: Forced Air Driveway: Paved Street Type: Paved Terms Available: Cash; Conventional Possession: Close Of Escrow Sale Conditions: None Unit 1: Range Oven; Refrigerator Unit 2: Range/Oven; Refrigerator
IDX
Listing Office: United Realty Services LLC
Listing Agent: Chris M Good
Source MLS Verified
Last Updated: May - 06 - 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.