1230-1246 Alpine Avenue NW, Grand Rapids, MI 49504
- $900,001
- Sold Price
- $900,001
- List Price
- $995,000
- Closing Date
- Jun 09, 2026
- Days on Market
- 14
- MLS#
- 26013335
- Status
- SOLD
- Type
- Multifamily
Property Description
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.
/u.realgeeks.media/homesjavier/Capture.png)
Additional Information
- Owner Pays
- Trash Collection, Water
- Taxes
- $12,404
- Acres
- 0.60
- Basement
- Full, Other
- Heating
- Forced Air
- School District
- Grand Rapids
- Sewer
- Public Sewer
- Tenant Pays
- Electricity, Gas
- Total Parking Spaces
- 13
- Utilities
- Natural Gas Connected, Electricity Available, Natural Gas Available, Phone Available
- Water
- Public Water
Mortgage Calculator
Listing courtesy of Listing Agent: Ryan Ogle from Listing Office: EXP Realty (Grand Rapids).
Selling Agent: Selling Office: .
© 2026 Southwestern Michigan Regional Information Center, LLC. All rights reserved. Information deemed reliable but not guaranteed. The properties on this website come in part from the Broker Reciprocity Program of the Member MLSs of the Southwestern Michigan Regional Information Center. Data last updated .