12

Days on homefello

1966

Year Built

$173

Price Per Sqft

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Price vs Median

Could you see yourself in this home?

Full Home Description

Incredible all-brick income property located at the end of a quiet cul-de-sac, fully rented with long-term tenants and offering exceptional updates and strong investment potential. This solid multi-unit building features major mechanical upgrades completed in 2025, including a brand-new high-efficiency boiler, updated plumbing, and a new hot water heater -- all designed to reduce ongoing maintenance and lower utility costs (current gas bill averages approximately $150/month and water approximately $200/month).One of the units, 3201, has been fully remodeled with a brand-new kitchen, modern appliances, updated vinyl flooring, and fresh finishes throughout. This unit rents for $1,250/month and includes all utilities.The property offers excellent additional amenities, including a 5-stall garage, an extra storage shed, private backyard space, and basement storage rooms for tenants. There is also a coin-operated washer and dryer on-site, generating approximately $50/month in additional

Listed by Javier Rodriguez · Lake Michigan Realty Mgmt · (616) 438-9082

Comfort & Climate
  • Hot Water, Natural Gas

  • Natural Gas Available

Property Overview
  • Lot size: 0.3400 acres

  • Built in 1966

  • Multi-Family

  • Zoning: Residential

Construction
  • Brick

Community
  • Kent County

Estimate Your Mortgage Payment
Offer Purchase Price

$

List Price Offer
Down Payment

$

%

No PMI
Loan Type
Loan Term
Zip Code
Interest Rate

%

Default area avg

Property Tax (%)
Home Insurance ($/yr)
HOA ($/mo)

Monthly Mortgage
$3,611
/mo

Principal & Interest:

$2,911

Taxes:

$600

Insurance:

$100

HOA Fees:

$0

Loan Types You May Qualify For
FHA Loans
  • 3.5% down payment
  • Lower credit scores

VA Loans (Veterans)
  • $0 down payment
  • No PMI
  • Often lower rates

Conventional Loans
  • Good for great credit
  • May not require PMI
First-Time Buyer Programs
  • Low down payment
  • Reduced rates
Down Payment Assistance
  • Forgivable loans & grants
  • DPA programs

Rating

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Distance

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Reported Incidents (Last 5 Years)

From: 3201 Marshall Avenue, Grand Rapids 49508

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IDX provided courtesy of Realcomp II Ltd. via GoodHome Realty and MLS. Copyright 2026 Realcomp II Ltd. Shareholders. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

The data relating to real estate properties on this website was last updated as recently as .

Listing Information presented by local MLS brokerage: GoodHome Realty and MLS, Inc., REALTOR® - Quinton Lemond - (248) 928-4992.