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Jenn Smart

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1246 Alpine , Grand Rapids, MI 49504
$370,000
Est. Payment: $1,928.12/mo
0 Bed
0 Bath
0 Sqft
Status: pending | Days on site: 57
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House Description

An opportunity to own two duplexes on one parcel in Grand Rapids' booming West Grand neighborhood! This strategically priced four-unit multifamily asset is generating $3,695 per month in gross rents, providing investors an attractive entry point into the thriving rental market. The front duplex offers a 2-bed/1-bath lower unit and 3-bed/1-bath upper unit with newer roof and vinyl siding. The rear duplex includes a 1-bed/1-bath lower unit and 2-bed/1-bath upper unit with additional upside potential through future improvements. Conveniently located near downtown Grand Rapids, Alpine Avenue, Bridge Street, shopping, dining, breweries, and neighborhood amenities, making it attractive to both current and future tenants. A rare opportunity to acquire a four-unit investment property in one of the city's fastest-growing rental markets. Looking for more? 1242 and 1236 Alpine are also available, creating an 8 unit pack opportunity. Inquire for more details.

Highlights

Listed by Kyle Naumann , Edison Brokers & Co LLC , (616) 439-1190. MiRealSource, Inc. mls logo

Property Type

Multi-Family

Lot/Acreage
0.14

Year Built

1910

County

Kent

Area

Grand Rapids (41032)

School District

Grand Rapids City School District

Listing ID

70538593

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Basement:MI Basement

Exterior Features

Lot Dimensions:48*131.16
Zoning:Residential
Principal Interest
$1,928
Taxes
$298

Home Price

$370,000

Loan Details

30 yrs
6.792%

Down Payment

20%
$74,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,928.12

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,928.12 $298.28 $0.00 $2,226.40
Yearly $23,137.46 $3,579.34 $0.00 $26,716.80
Total $694,123.73 $107,380.20 $0.00 $801,503.93
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So-Crates Johnson
Dust, Wind, Dude
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Market insight data is pulled from the same city as the listing being viewed (Grand Rapids, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

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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.

Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.

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Data last updated: 2026-09-02T01:10:54.300Z

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