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Fully Occupied Up-Down Duplex
For Sale
$220,000

1242 Alpine Avenue NW, Grand Rapids, MI 49504

MULTI_FAMILY - Grand Rapids, MI

Property SizeContact for details
Lot Size0.15 Acres
Days on Market61

Property Features for 1242 Alpine Avenue NW

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description 401 Res Imp
Bedrooms 2
Full bathrooms 2
Rooms Basement, Bedroom 1, Bedroom 2, Bathroom 1, Bathroom 2
Parking 4
Basement Full
Elementary school district Grand Rapids
Middle school district Grand Rapids
High school district Grand Rapids
Standard status Active
APN 41-13-13-356-010
Lot size 0.15 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description LOT 1181* PANFIL S ASSESSOR S PLAT NO 54* OF LOTS 1, 2, 4, 5, 20, 21, 22, 23 & 24 OF PATRICK TREGENT S ADDITION
Tax Annual Amount 2078
Legal Description LOT 1181* PANFIL S ASSESSOR S PLAT NO 54* OF LOTS 1, 2, 4, 5, 20, 21, 22, 23 & 24 OF PATRICK TREGENT S ADDITION

Utilities

Utilities Natural Gas Available
Sewer type Public Sewer
Heating system Forced Air

Building Details

Year built 1880
Number of units 2
Building materials Aluminum Siding
Listing Agency: Edison Brokers & Co LLC
Listed By: Kyle P Naumann · License #6502426806
Added: Jun 13 Changed: Jul 25 Last Checked: Aug 12 at 10:06AM
MLS# 26029274

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 fully occupied up/down duplex offers two separate 1-bedroom, 1-bath units. Utilities are separately metered, supporting independent expense allocation by unit. The property also includes ample off-street parking for tenant convenience.

The address is 1242 Alpine Avenue NW in Grand Rapids, on the Northwest side, with access to downtown Grand Rapids and nearby major employers, shopping, restaurants, and public transportation.

For buyers interested in expanding beyond a single duplex, 1246 and 1236 Alpine are also available, creating an 8-unit pack opportunity when purchased together. Please inquire for details on package terms and availability.

Key Highlights

  • Fully occupied up/down duplex at 1242 Alpine Ave NW with two 1‑bedroom, 1‑bathroom units
  • Separately metered utilities for the two units
  • Aluminum siding exterior; forced‑air heating

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Dental Office Parking Lot & Garage Daycare Center Nail Salon Cafe & Coffee Shop Food Market

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

2
Residential units
100%
Occupancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

916
Businesses Nearby

Demographics for 49504, MI

41,249
Population
18,830
Households
2.2
Avg Household Size
33
Median Age
39%
College-Educated
90%
High-School Grad
11.1 sq mi
ZIP Area
3,716
Density / Sq Mi
$68,326
Median Household Income
$41,138
Median Earnings
$1,145
Median Rent
$222,600
Median Home Value

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?
Duplex - Up-down duplex with two 1-bedroom, 1-bath units and separately metered utilities, includes off-street parking.
Where is this duplex located?
The property is located at 1242 Alpine Avenue NW Grand Rapids, MI.
What is the asking price?
The asking price for this property is $220,000.
What are key features of this property?
This property features: Fully occupied up/down duplex at 1242 Alpine Ave NW with two 1‑bedroom, 1‑bathroom units; Separately metered utilities for the two units; Aluminum siding exterior; forced‑air heating
More about this property
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