1757 4th Street NW, Grand Rapids, MI 49504
- Added:
- May 7, 2026
- Days on Market:
- 47
- Last Refresh:
- Jun 22 at 3:06 am
Property Features for 1757 4th Street NW
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 5
- Rooms
- Bedroom 2, Bedroom 3, Bedroom 5, Basement, Bathroom 2, Bedroom 1, Bathroom 3, Bedroom 4, Bathroom 1
- Parking
- 4
- Basement
- Partial
- Standard status
- Pending
- APN
- 41-13-22-428-020
- Size
- 2,690 SF
- Lot size
- 0.56 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- Lengthy - see documents
- Tax Annual Amount
- 3492
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 1890
- Number of units
- 2
- Building materials
- Vinyl Siding
- Roof type
- Composition
Listing agent Mark Blashkiw License #6502410373 (616) 706-5341
Listing office Blueprint Properties LLC 415 Covell Ave NW, Grand Rapids, MI (616) 706-2459
Listing date May 7, 2026
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.
HighLights
- Rare 0.56‑acre double lot offering a private urban park feel.
- Meticulously maintained 1890s farmhouse with 2,690 sq ft of finished space.
- Flexible dual‑unit residence: use as a 5‑bedroom home or rental with a 2‑bedroom suite.
- Modernized mechanicals include a new roof (2016), and high‑efficiency furnaces (2017‑2018).
- Pristine original features: unpainted oak trim and stained glass.
- Oversized 2‑stall detached garage and ample driveway parking.
Overview
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $43.6k | $16.20 |
| − Vacancy | −$2.8k | −$1.05 |
| EGI | $40.7k | $15.15 |
| − OpEx | −$12.2k | −$4.54 |
| NOI | $28.5k | $10.60 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Grand Rapids
- County
- Kent
- State
- Michigan
- Longitude
- -85.711916
- Latitude
- 42.977245
