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LKV Realty, LLC

4425 Ponce de Leon

2nd Floor

Coral Gables, FL 33146

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$600,000

$3,400Reward *

125 Eastern Avenue SE, Grand Rapids, MI 49503Listing ID 24059658

125 Eastern Avenue SE, Grand Rapids, MI 49503

Active

Grand Rapids - G

Time on site: 575 days • Last updated: Aug 14, 2025

Property Type

Multi Family

Property Sub Type

2 to 4 Units

Acres

0.1

Days on Site

602

Cooling

None

Heating

Baseboard, Forced Air

Year Built

1878

This fully rented 4-unit property in a prime location offers great cash flow and numerous upgrades! Recent improvements include refreshed common areas with new carpet runners, vinyl plank flooring, and fresh paint; new double-pane vinyl windows with aluminum wrap; plumbing overhaul with PEX; and four dedicated water heaters (one per unit). Units #1 and #2 feature in-unit laundry, while Units #3 and #4 have shared laundry in the basement. Other updates include new landscaping timbers, glass block windows with dryer vents, re-poured concrete steps, and newly installed gutters and downspouts. Well-maintained and ready for tenants!

Listing provided by Michael Smallegan • Smallegan Real Estate, (616) 209-4304

Market Report for 49503

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: Michigan Regional Information Center, LLC

For corrections to this data please contact Brytecore MLS Support.

gsmal0401

Property Information

Property Details

Location

Address

125 Eastern Avenue SE

County

Kent

City

Grand Rapids

Zip Code

49503

Subdivision

Grand Rapids - G

School District

Grand Rapids

MLS Area

Grand Rapids - G

Interior Features

Other Rooms

Laundry Features

Common Area, In Basement, In Unit

Building

Building Information

Year Built

1878

Construction

Vinyl Siding

Roof

Composition

Property Taxes

Tax Annual Amount

$7,400

Tax Year

2024