LKV Realty
Logo
$350,000
$1,900Reward *
1402 North Avenue, Grand Rapids, MI 49505Listing ID 70519777

1402 North Avenue, Grand Rapids, MI 49505

Active
Grand Rapids (41032)
Time on site: 148 daysLast updated: Jul 10, 2026
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
-
Days on Site
Days on Site
147
Heating
Heating
Forced Air
Year Built
Year Built
1890

Fully rented 3-unit investment property generating $3,300/month in rental income in Grand Rapids! This is a great opportunity for investors looking for a turnkey income-producing property or a potential DSCR loan opportunity.This unique parcel includes both a duplex and a fully renovated single-family home. The single-family home was taken down to the studs in 2022 and features updated HVAC, central air, electrical, plumbing, windows, and stainless steel appliances. That unit is currently rented for $1,300/month.The duplex is also fully occupied and includes a 2-bedroom, 2-bath lower unit rented at $900/month and a 1-bedroom, 1-bath upper unit rented at $900/month. The duplex roof has recently been replaced(2026), adding additional value and peace of mind for the next owner.Whether you're looking to expand your rental portfolio, add a cash-flowing asset, or take advantage of Grand Rapids investment property demand, this is an opportunity you won't want to miss

Property Information

Property Details

Location

Address
1402 North Avenue
County
Kent
City
Grand Rapids
Zip Code
49505
Subdivision
Grand Rapids (41032)
School District
Grand Rapids City School District
MLS Area
Grand Rapids (41032)
Five Star Real Estate (Grandv), (616) 257-1500

Interior Features

Heating and Cooling

Heating
Forced Air

Building

Building Information

Year Built
1890
Construction
Vinyl Siding
Foundation
Basement, Crawl

Property Taxes

Tax Annual Amount
$5,030
Tax Year
2025

Market Report for 49505

* 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: MiRealSource
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Originating MLS: MiRealSource

Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2026 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource,Inc.

For corrections to this data please contact Brytecore MLS Support.

MR3072