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    Grand Rapids, MI
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    Grand Rapids, MI Multifamily Properties for Sale

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    Three-Unit Mixed-Use Property
    Updated: Sep 22
    Three-Unit Mixed-Use Property

    1205 Bridge Street NW, Grand Rapids, MI 49504

    $649,900
    2,789 sqft 0.11 AC lot
    Three units: one office space and two apartments
    2,789 square feet on a 0.11‑acre lot
    Apartments include one 1‑bedroom, 1‑bath unit and one 3‑bedroom, 1‑bath unit
    Four off‑street parking spaces
    Central air conditioning and broadband
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    6-Unit Townhouse-Style Apartment Building
    Updated: Oct 17
    6-Unit Townhouse-Style Apartment Building

    2951 Vineland Avenue SE, Grand Rapids, MI 49508

    $1,095,000
    0.68 AC lot
    Six townhouse‑style apartment units, each with 3 bedrooms
    Each unit has a mix of 2–4 bathrooms
    0.68‑acre property built in 1962
    Individual laundry hookups and exterior storage for each residence
    Off‑street parking on site
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    Four-Unit Apartment Building with Laundry
    Four-Unit Apartment Building with Laundry

    822 Carrier Creek Boulevard NE, Grand Rapids, MI 49503

    $650,000
    0.28 AC lot

    Each residence has separate heating and cooling equipment, plus a private outdoor area.

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    See hot listings in Grand Rapids

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

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    Victorian Duplex with Separate Apartment
    Victorian Duplex with Separate Apartment

    60 College Ave, Grand Rapids, MI 49503

    $995,000
    4,125 sqft

    Two distinct residences combine a renovated primary home with a separate apartment and shared basement laundry and storage.

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    Renovated Duplex with Garage
    Renovated Duplex with Garage

    60 College Avenue NE, Grand Rapids, MI 49503

    $937,500
    0.17 AC lot

    Two updated residences offer separate access, shared basement storage, and dedicated off-street parking.

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    4-Unit Updated Quadplex
    4-Unit Updated Quadplex

    802-808 Carrier Creek Boulevard NE, Grand Rapids, MI 49503

    $619,900
    0.33 AC lot

    All four residences are leased and feature separate utilities, central air, and in-unit laundry.

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    4-Unit Multifamily Property
    4-Unit Multifamily Property

    820 Carrier Creek Boulevard NE, Grand Rapids, MI 49503

    $619,900
    0.40 AC lot

    Updated apartments feature central air, in-unit laundry, and separately metered utilities.

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    Mixed-Use Property with Apartments
    Mixed-Use Property with Apartments

    900 College Ave NE, Grand Rapids, MI 49503

    $699,000
    2,595 sqft

    Ground-floor convenience retail is paired with two upstairs apartments and commercial zoning.

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    Duplex with Shared Three-Stall Garage
    Duplex with Shared Three-Stall Garage

    2321-2323 Saginaw Rd SE, Grand Rapids, MI 49506

    $435,000
    0.41 AC lot

    Two owner-occupied residences sit on a 0.41-acre parcel with a common garage.

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    Remodeled Four-Unit Quadplex
    Remodeled Four-Unit Quadplex

    823 Benson Avenue NE, Grand Rapids, MI 49503

    $629,900
    0.34 AC lot

    Four updated units offer private laundry, off-street parking, and a practical residential income configuration.

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    Five-Unit Apartment Building
    Five-Unit Apartment Building

    623 Cherry St SE, Grand Rapids, MI 49503

    $689,900
    3,017 sqft

    Five 1-bed, 1-bath units with off-street parking, currently generating stated monthly rent.

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    Historic Brick Triplex
    Historic Brick Triplex

    252 Madison Avenue SE, Grand Rapids, MI 49503

    $825,000
    0.18 AC lot

    Legally configured for separate units with updated mechanical systems, garage parking, and additional outdoor storage.

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    Duplex with Updated Upper Unit
    Duplex with Updated Upper Unit

    1057 Bridge Street NW, Grand Rapids, MI 49504

    $299,000
    0.10 AC lot

    A current City of Grand Rapids rental certificate accompanies two separately accessed units.

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    Renovated Historic Triplex
    Renovated Historic Triplex

    40 Lexington Avenue Northwest, Grand Rapids, MI 49504

    $1,195,000
    550 sqft

    Three-unit historic firehouse conversion with elevator access, garage parking, outdoor areas, and distinctive architectural details.

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    Side-by-Side Duplex with Basements
    Side-by-Side Duplex with Basements

    609 & 611 Wealthy Street SE, Grand Rapids, MI 49503

    $674,900
    0.19 AC lot

    Two-unit property with separate utilities, basement laundry, off-street parking, and unfinished attic space on each side.

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    Two-Unit Carriage House
    Two-Unit Carriage House

    211 Charles Avenue SE, Grand Rapids, MI 49503

    $335,000
    0.20 AC lot

    Rear-lot duplex with wood siding, forced-air heating, driveway parking, and public sewer service.

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    Historic Mixed-Use Redevelopment Property
    Historic Mixed-Use Redevelopment Property

    1007 Wealthy St SE, Grand Rapids, MI 49506

    $475,000
    3,600 sqft

    Approved plans combine residential units with adaptable main-floor commercial space along Wealthy Street.

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    Colonial Revival Duplex with Porches
    Colonial Revival Duplex with Porches

    631 Paris Avenue SE, Grand Rapids, MI 49503

    $410,000
    0.10 AC lot

    Two-unit residence with updated interiors, attic space, and off-street driveway parking.

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    Updated Up-and-Down Duplex
    Updated Up-and-Down Duplex

    939 Prospect Ave NE, Grand Rapids, MI 49503

    $249,900
    1,463 sqft

    Two vacant apartments offer separate electrical metering and rear off-street parking.

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    Duplex with Attached Garages
    Duplex with Attached Garages

    603 Clear Pointe Court SE, Grand Rapids, MI 49548

    $699,900
    0.47 AC lot

    The planned residences include separate garages, central air, and forced-air heating.

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    Updated Duplex with Rental Inspection
    Updated Duplex with Rental Inspection

    817 Veto St NW, Grand Rapids, MI 49504

    $295,000
    1,966 sqft

    Two-unit property with refreshed interiors and a current rental inspection.

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    Updated Two-Unit Duplex
    Updated Two-Unit Duplex

    1313 Davis Avenue NW, Grand Rapids, MI 49504

    $274,900
    0.10 AC lot

    Vacant upper and lower residences offer separate living areas with central air, public sewer, and garage storage.

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    Duplex with Separate Utility Meters
    Duplex with Separate Utility Meters

    909 Hall Street Southeast, Grand Rapids, MI 49507

    $254,900
    2,082 sqft

    Two separately metered residences have individual entrances, with front and rear access for the lower unit.

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    Three-Unit Triplex with Separate Utilities
    Three-Unit Triplex with Separate Utilities

    127 Lexington Avenue SW, Grand Rapids, MI 49504

    $399,900
    0.14 AC lot

    Multifamily property with individual furnaces and electric service for each residence.

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    Grand Rapids, MI Multifamily Properties Market Trends and Statistics

    Explore 212 multifamily properties for sale in Grand Rapids, MI, showcased through 212 active listings on our real estate platform. These investment opportunities span a total of 831,867 square feet of properties for sale, with an estimated market value of $102,790,097.

    Sale prices for multifamily properties in Grand Rapids, MI start at $192,500, averaging $489,476, and reaching up to $12,000,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 155
    Quadplexes 21
    Triplexes 17
    Apartment buildings 16

    Demographics Overview

    Population 434K
    Population Growth (5Y) +2.4%
    Median Household Income $74,271
    College Educated 24.5%

    High-Yield Neighborhoods for Investment

    Identify Grand Rapids submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    49534 $192.5K
    49507 $280.6K
    49544 $355K
    49504 $378.8K
    49506 $381.7K

    Taxes & Financing

    Tax Rate (average for all types) 3.15%
    Property Tax per SF $44.85 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Kent County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Kent County

    Retail

    Office

    Residential Income

    Property Size Breakdown

    The majority of commercial real estate listings in Grand Rapids fall within the 10,000 to 25,000 square foot range.

    How Realmo verifies these figures

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    Browse Multifamily properties for Sale Near Grand Rapids, MI

    Popular Searches in Grand Rapids, MI

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    Most Searched ZIP Codes in Grand Rapids, MI

    • 49503
    • 49504
    • 49507
    • 49506
    • 49505
    • 49546
    • 49508
    • 49501
    • 49548
    • 49544
    • 49534

    Featured Grand Rapids Real Estate Agencies

    Realmo connects you with licensed Grand Rapids CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Greenridge Realty Inc.
    3115 Orchard Vista Dr. S.E. Grand Rapids, MI 49546
    Phone: 16169745042
    www.greenridge.com/
    Berkshire Hathaway HomeServices Michigan Real Estate
    3000 E Beltline NE Grand Rapids, MI 49525
    Phone: 18778087007
    www.BHHSMichiganRealEstate.com
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