Renovated Triplex with On-Site
For Sale
$315,000
1340 Plainfield Avenue NE, Grand Rapids, MI 49505
Multi Family, Grand Rapids, MI
Property SizeContact for details
Lot Size0.14 Acres
Days on Market26
Property Features for 1340 Plainfield Avenue NE
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning description
Residential
Bedrooms
5
Full bathrooms
3
Rooms
Basement, Bedroom 5, Bathroom 2, Bedroom 1, Bathroom 1, Bedroom 4, Bathroom 3, Bedroom 3, Bedroom 2
Parking
2
Basement
Full
Elementary school district
Grand Rapids
Middle school district
Grand Rapids
High school district
Grand Rapids
Standard status
Active
APN
411418357005
Lot size
0.14 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
LOT 8 BLK 5 EXCEPT E 40 FT* HOGEBOOM S SECOND ADDITION
Tax Annual Amount
4626
Legal Description
LOT 8 BLK 5 EXCEPT E 40 FT* HOGEBOOM S SECOND ADDITION
Utilities
Heating system
Wall Furnace, Forced Air
Amenities
on-site laundry
Building Details
Year built
1900
Number of units
3
Building materials
Wood Siding
Roof type
Composition
Listing Agency:
Edison Brokers & Co LLC
(616) 439-1190
Listed By:
Mitchell D Luban · License #6506047711
(616) 375-0775
Added: Aug 19
Changed: Sep 12
Last Checked: Sep 13 at 2:06AM
MLS# 26043692
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 three-unit residential income property includes two recently renovated units that are vacant at the time of sale. The available units and common area can be toured, while access to Unit 3 is provided after an accepted offer. On-site laundry serves the property, and utility costs are split so power usage is assigned to the residents. The building sits on a 0.14-acre lot and dates to 1900, with wood siding, a composition roof, forced-air heat, and a wall furnace. Located on Plainfield Avenue NE in Grand Rapids, the property is in the Creston neighborhood and offers proximity to dining, parks, Downtown Grand Rapids, and major highways as described in the listing information.
Key Highlights
- Triplex with 3 residential units on a 0.14‑acre lot
- Units 1 and 2 recently renovated and vacant
- On‑site laundry facilities
Property Analytics
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Current Use
Lease Details
3
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
930
Businesses Nearby
Explore this area
Business Placement
Demographics for 49505, MI
31,444
Population
14,197
Households
2.2
Avg Household Size
36
Median Age
40%
College-Educated
96%
High-School Grad
8.8 sq mi
ZIP Area
3,573
Density / Sq Mi
$71,692
Median Household Income
$43,778
Median Earnings
$1,248
Median Rent
$227,900
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Triplex - Two updated units are vacant, with split utilities and laundry facilities available on the property.
Where is this triplex located?
The property is located at 1340 Plainfield Avenue NE Grand Rapids, MI.
What is the asking price?
The asking price for this property is $315,000.
What are key features of this property?
This property features: Triplex with 3 residential units on a 0.14‑acre lot; Units 1 and 2 recently renovated and vacant; On‑site laundry facilities
