1230-1246 Alpine Avenue NW, Grand Rapids, MI 49504
- Bedrooms
- Bathrooms
- SQ. FT.
- Schools Grand Rapids
- County Kent
- Township City of Grand Rapids
- Above Grade Sq. Ft.
- Below Grade Sq. Ft.
- Bedrooms
- Bathrooms
- Basement Full, Other
- Garage
- Acreage 0.6
- Heat Type Forced Air
- Central Air
- Year Built 1888
- Style
- Exterior
- Taxes
- SEV 523200
- Zoning COMM-IMP
- Parcel 41-13-13-356-009 --012
- Lot Size 194x134
Features
High-Yield 13-Unit Portfolio | 0.6 Acres in Downtown Grand Rapids
Rare 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.
The content relating to real estate for sale on this web site comes in part from the IDX program of the Michigan Regional Information Center, LLC. © 2026 MichRIC, LLC. All rights reserved.
All information provided is deemed reliable but is not guaranteed and should be independently verified.