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    3020 Alger St SE Grand Rapids, MI 49546

    For Sale
    $425,000

    MULTI_FAMILY - Grand Rapids, MI

    Lot size:
    0.25 Acres
    Days on Market:
    24
    Last Refresh:
    Dec 8 at 6:06 am

    Property Features for 3020 Alger St SE

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bedroom 3, Basement, Bathroom 3, Bedroom 4, Bedroom 1, Bedroom 2, Bedroom 5, Bathroom 1, Bathroom 2
    Bedrooms
    5
    APN
    411810427015
    Parking
    3
    Basement
    Full
    Lot size
    0.25 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Hot Water(Heating)

    Building Details

    Year built
    1969
    Number of units
    2
    Building materials
    Brick
    Roof type
    Composition

    The Local Element (616) 202-6551

    Listing agent John D Szakal (616) 202-6551

    Listing date Nov 15, 2025

    MLS# 25058518 Listing URL

    Copyright © 2025 Montcalm County Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Grand Rapids Multifamily Property

    The property at 3020 Alger St SE, Grand Rapids, MI 49546, is a multifamily property situated near Breton Village, Woodland Mall, various shops and dining options, trails, and The Beltline. The property includes two units. One unit features updated flooring, three bedrooms, two bathrooms, an enclosed porch, main-floor laundry, a full basement, and an attached two-stall garage. The second unit offers two bedrooms, one bath, its own attached one-stall garage, a full basement, and in-unit laundry. The property will transfer vacant, providing house-hack potential and the flexibility to update and set rental rates. This property presents an opportunity to live in one unit and rent the other or add a duplex to an investment portfolio. The lot size is 0.25 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Grand Rapids
    County
    Kent
    State
    Michigan
    Longitude
    -85.592837
    Latitude
    42.919533

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    FAQs

    What type of property is this?
    Duplex - Multifamily property with house-hack potential and flexible rental options.
    Where is this duplex located?
    The property is located at 3020 Alger St SE Grand Rapids, MI.
    What is the asking price?
    The asking price for this property is $425,000.
    What are key features of this property?
    This property features: - Vacant duplex offers immediate house-hacking potential and the freedom to set rental rates.; - Two units: one with **three bedrooms and two bathrooms**, the other with **two bedrooms and one bathroom**.; - Updated flooring in the vacant unit.
    (616) 202-6551
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3020 Alger St SE Grand Rapids, MI 49546
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