BEDS0
BATHS
MLS#26013335
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLGrand Rapids
Property Description
High-Yield 13-Unit Portfolio | 0.6 Acres in Downtown Grand RapidsRare opportunity to acquire a stabilized, cash-flowing asset in the heart of Grand Rapids. This C+/B- class portfolio features 13 units spread across 6 homes on adjoining parcels, totaling 0.6 acres. With over $140,000 in annual gross rent and a history of low vacancy, this is a turnkey workforce housing play. Major CapEx has already been addressed: all homes feature new roofs and the majority of furnaces have been recently updated. Controlled expenses and a prime location make this a premier addition to any institutional or private portfolio.
Property Features
Property Type: Multi Unit - Multiple
Basement: Full, Other
Heating: Forced Air
Lot Size: 0.60 Acres
Taxes: $12,404
Year Built: 1888
Feature Descriptions
Days on Site: 2
Exterior: Vinyl Siding, Other
Lot: Level, Sidewalk
Lot Dimensions: 194x134
Owner Pays: Trash Collection, Water
Parcel Number: 41-13-13-356-009 --012
Parking: Paved, Unpaved
Parking Total: 13
Road Surface: Paved
Sewer: Public Sewer
Sub Type: 5+ Units
Tenant Pays: Electric, Gas
Units: 13
Utilities: Phone Available, Natural Gas Available, Electricity Available, Natural Gas Connected
Local Schools
School District: Grand Rapids
Listed By / Shown By
Listed By
Agency Name: EXP Realty (Grand Rapids)
Agency Phone: 616-901-3620
Agent Name: Ryan Ogle
Shown By
Agent Name: Danielle Strickler
Agent Phone: (419) 290-9674
Agency Title: Key Realty
 | The property comes from the Member MLS's of the Michigan Regional Information Center, LLC (MichRIC). Copyright 2026 Michigan Regional Information Center, LLC (MichRIC). All rights reserved. Information deemed reliable, but not guaranteed. Data Last Updated 04/05/2026. |
Estimate Your Payment
Estimated Payment
$ 6,889.62 per month $5,565.75 Principal & Interest $1,033.67 Property Tax $290.21 Homeowner's Insurance
1230-1246 Alpine Avenue Nw | MLS# 26013335
This multi-family property located at 1230-1246 Alpine Avenue Nw, Grand Rapids, MI 49504 is currently listed for sale with an asking price of $995,000. 1230-1246 Alpine Avenue Nw is located within the Grand Rapids school district. Search Grand Rapids real estate on www.danielle-realty.com today.