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    Grand Rapids, MI Apartment Buildings for Sale

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    Belmont, MI Comstock Park, MI Ada, MI
    8 results
    Versatile Commercial Building in Grand Rapids
    $1,050,000
    4,614 SF

    Versatile Commercial Building in Grand Rapids

    953 Fulton Street E, Grand Rapids, MI 49503

    Renovated commercial building with retail and apartment income potential.

    • Prime location in the heart of the Fulton Heights Business District, minutes from downtown Grand Rapids and I‑96.
    • Versatile commercial building with retail space (market, hair salon) and two remodeled apartments.
    • Recently renovated with new roof (20‑year warranty), new HVAC, updated plumbing and electrical.
    • Income potential from retail spaces and apartments.
    • Brick and stone construction.
    Updated: Jan 15
    View details
    Grand Rapids Multifamily Investment Opportunity
    $995,000
    0.60 Acres

    Grand Rapids Multifamily Investment Opportunity

    1230-1246 Alpine Avenue NW, Grand Rapids, MI 49504

    Thirteen-unit portfolio on 0.6 acres in downtown Grand Rapids.

    • High‑yield, stabilized 13‑unit portfolio generating over $140,000 in annual gross rent.
    • Prime downtown Grand Rapids location on 0.6 acres.
    • Turnkey 'workforce housing' asset with a history of low vacancy.
    • Major CapEx already addressed: new roofs on all homes.
    • Majority of furnaces have been recently updated.
    Updated: Apr 1
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    Mixed-Use Building in Grand Rapids
    $1,500,000
    0.07 Acres

    Mixed-Use Building in Grand Rapids

    Four-story mixed-use building with redevelopment potential in downtown Grand Rapids.

    20 & 22 Crescent Street NE, Grand Rapids, MI 49501
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    Mixed-Use Building in Easttown
    $489,900
    0.26 Acres

    Mixed-Use Building in Easttown

    Mixed-use building with apartments and commercial space in Easttown.

    613 Fuller Avenue SE, Grand Rapids, MI 49506
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    Grand Rapids Multifamily Investment Opportunity
    $995,000
    0.60 Acres

    Grand Rapids Multifamily Investment Opportunity

    Stabilized 13-unit portfolio in downtown Grand Rapids.

    1230-1246 Alpine Ave NW, Grand Rapids, MI 49504
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    Renovated Mixed-Use Building in Fulton
    $1,050,000

    Renovated Mixed-Use Building in Fulton

    Recently renovated commercial building with retail and apartment spaces.

    953 Fulton St E, Grand Rapids, MI 49503
    View details
    Downtown Grand Rapids Mixed-Use Building
    $1,500,000

    Downtown Grand Rapids Mixed-Use Building

    Four-story mixed-use building in downtown Grand Rapids for sale.

    20 & 22 Crescent St NE, Grand Rapids, MI 49501
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    Modern Condominium in Alger Heights
    $231,000

    Modern Condominium in Alger Heights

    Income-qualified 2-3 bedroom condominium in the heart of Alger Heights.

    2550 Eastern Avenue SE #120, Grand Rapids, MI 49507
    View details
    Based on your search, we've compiled 17 Potential Opportunities for your consideration. Besides 8 Active listings in Grand Rapids, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Renovated Multifamily Property in Holland
    $925,000
    0.50 Acres

    Renovated Multifamily Property in Holland

    Turnkey, fully renovated multifamily property in Holland, Michigan.

    1051 Abbey Court, Holland, MI 49423
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    Wyoming Multifamily Investment Opportunity
    $690,000
    0.28 Acres

    Wyoming Multifamily Investment Opportunity

    Six-unit apartment building in Wyoming, MI, near 28th St.

    1920 Porter Street SW, Wyoming, MI 49519
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    Wyoming 6-Unit Apartment Building
    $690,000

    Wyoming 6-Unit Apartment Building

    Six-unit apartment building in Wyoming, featuring remodeled units.

    1920 Porter St SW, Wyoming, MI 49519
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    Renovated Multifamily Property in Holland
    $925,000

    Renovated Multifamily Property in Holland

    Turnkey investment with updated units and strong income potential.

    1051 Abbey Ct, Holland, MI 49423
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Land Near Shepherd University
    $650,000
    3.70 Acres

    Land Near Shepherd University

    Prime land near Shepherd University with development potential.

    8285 MARTINSBURG Pike, Shepherdstown, WV 25443
    View details
    Asheville Development Opportunity: 5.94 Acres
    $2,500,000
    5.94 Acres

    Asheville Development Opportunity: 5.94 Acres

    5.94-acre parcel zoned RM6, ideal for multi-family development.

    215 N Bear Creek Road, Asheville, NC 28806
    View details
    Prime Development Land, Springfield MO
    $2,850,000
    29.20 Acres

    Prime Development Land, Springfield MO

    29.2 acres of retail-zoned land for mixed-use development.

    N West Bypass, Springfield, MO 65802
    View details
    Greenville Development Opportunity: 1.33 Acres
    $699,900
    1.33 Acres

    Greenville Development Opportunity: 1.33 Acres

    1.33 acre parcel suitable for multi-family development near downtown.

    71 Salters Road, Greenville, SC 29607
    View details

    Off-Market Properties in Grand Rapids, MI

    Consider similar Off-Market properties in Grand Rapids, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1 Oakes St

    1 Oakes St

    Multifamily properties • 15,556 SF
    Value Estimation by Request
    1 Oakes St, Grand Rapids, MI 49503
    View details

    Grand Rapids, MI Apartment Buildings Investment Opportunities Market Analysis

    Explore 9 apartment buildings for sale in Grand Rapids, MI, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 4,614 square feet of properties for sale, with an estimated market value of $1,050,000.

    Sale prices for two-family homes in Grand Rapids, MI start at $1,050,000, averaging $1,050,000, and reaching up to $1,050,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Small apartment buildings 1

    Property Size Breakdown

    The majority of commercial real estate listings in Grand Rapids fall within the 10,000 to 25,000 square foot range.

    Demographics Overview

    Population 434K
    Population Growth (5Y) +2.4%
    Median Household Income $74,271
    College Educated 24.5%

    High-Yield Neighborhoods for Strategic Investment

    Identify Grand Rapids submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    49507 $231K
    49503 $930K
    49504 $995K
    49501 $1.5M

    Taxes & Financing

    Tax Rate (average for all types) 3.15%
    Property Tax per SF $44.85 per sq ft
    Average Loan-to-Value 65.0%

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    Most Searched ZIP Codes in Grand Rapids, MI

    • 49501
    • 49503
    • 49504
    • 49506
    • 49507

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