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Triplex with Updated Unit
For Sale
$455,000

112 Eastern Avenue SE, Grand Rapids, MI 49503

Multi Family, Grand Rapids, MI

Property SizeContact for details
Lot Size0.07 Acres
Days on Market12

Property Features for 112 Eastern Avenue SE

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description RI
Bedrooms 4
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 3, Basement, Bedroom 2, Bedroom 1, Bathroom 1, Bedroom 3, Bathroom 2, Bedroom 4
Parking 1
Parking features Driveway
Lot features Level, Sidewalk
Elementary school district Grand Rapids
Middle school district Grand Rapids
High school district Grand Rapids
Standard status Active
APN 41-14-29-310-002
Lot size 0.07 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description S 50 FT OF W 60 FT OF LOT 15* ARUNA BRADFORD S ADDITION
Tax Annual Amount 6378
Legal Description S 50 FT OF W 60 FT OF LOT 15* ARUNA BRADFORD S ADDITION

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Forced Air

Amenities

laundry

Building Details

Year built 1900
Number of units 3
Building materials Wood Siding
Roof type Composition
Listing Agency: Fathom Realty MI LLC
Listed By: Olvi Tole
Added: Sep 26 Changed: Oct 4 Last Checked: Oct 7 at 5:06AM
MLS# 26051529

Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1900-built triplex contains three apartments. The main-floor unit has one bedroom, one bathroom, a living room, and a large kitchen. Another apartment occupies the second and third floors and includes two bedrooms, one bathroom, and two bonus rooms; its kitchen, bathroom, and appliances have been replaced. The remaining second-floor unit has one bedroom and one bathroom. Hardwood flooring, original woodwork, and basement laundry are among the building’s interior features. The roof and chimney are approximately 3 years old.

The property is in Grand Rapids’ East Hills neighborhood, near shops and dining along Wealthy Street. The lot measures 0.07 acres. Parking is provided by a driveway, and the property has forced-air heat, public sewer, and cable availability.

Key Highlights

  • Three apartments: one on the main floor, one spanning the second and third floors, and one on the second floor
  • Main‑floor unit has 1 bedroom, 1 bathroom, a living room, and a large kitchen
  • Second- and third‑floor unit includes 2 bedrooms, 1 bathroom, and 2 bonus rooms

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Auto Parts Store Electrical Service Plumbing Service Locksmith Carpet & Flooring Store Tech Support Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

1,651
Businesses Nearby

Demographics for 49503, MI

39,344
Population
19,017
Households
2.1
Avg Household Size
30
Median Age
44%
College-Educated
88%
High-School Grad
7.3 sq mi
ZIP Area
5,390
Density / Sq Mi
$61,734
Median Household Income
$36,694
Median Earnings
$1,207
Median Rent
$224,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - A vacant apartment across the second and third floors has a new kitchen, bathroom, and appliances.
Where is this triplex located?
The property is located at 112 Eastern Avenue SE Grand Rapids, MI.
What is the asking price?
The asking price for this property is $455,000.
What are key features of this property?
This property features: Three apartments: one on the main floor, one spanning the second and third floors, and one on the second floor; Main‑floor unit has 1 bedroom, 1 bathroom, a living room, and a large kitchen; Second- and third‑floor unit includes 2 bedrooms, 1 bathroom, and 2 bonus rooms
More about this property
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