Renovated Two-Unit
For Sale
$319,900
1010 Alpine Avenue Nw, Grand Rapids, MI 49504
Two leased apartments offer different bedroom configurations, and tenants cover gas, electric, and trash service.
Property SizeContact for details
Days on Market11
Property Features for 1010 Alpine Avenue Nw
General Information
Standard status
Active
Property subtype
Multi Family
Zoning
Res
Occupancy
100%
Site & Location
Neighborhood
West Grand
Highway Access
Yes
Units
Unit Mix
1 x 4BR/1BA, 1 x 2BR/1BA
Multifamily Units
2
Additional Details
Gross Income
$37,140
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$6,051
Amenities
Full
true
false
Sidewalk
0.09
2
33 x 122
Paved
1
Building Details
Year Built
1900
Listing Agency:
(616) 402-4115
Listed By:
Dan Hendrick
(616) 842-5970
Source:
Danhendrick.clydehendrickrealtors
Added: Oct 19
Changed: Oct 28
Last Checked: Oct 28 at 3:09PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Dan Hendrick
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Investment Insights
Based on property information with market context.
This duplex contains two renovated apartments: a four-bedroom, one-bath unit on the lower level and a two-bedroom, one-bath unit above. Improvements include new windows throughout and a newer roof on the rear portion of the home. The property was built in 1900 and is zoned Res.
The address is minutes from downtown Grand Rapids, with major highways, employers, shopping, and restaurants in the surrounding area. Both apartments are leased, and tenants pay for gas, electricity, and trash service.
The address is minutes from downtown Grand Rapids, with major highways, employers, shopping, and restaurants in the surrounding area. Both apartments are leased, and tenants pay for gas, electricity, and trash service.
Key Highlights
- Two leased apartments: lower unit has 4 bedrooms and 1 bath; upper unit has 2 bedrooms and 1 bath
- Renovations completed in both units
- New windows throughout the property
Property Analytics
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Lease Details
2
Residential units
100%
Occupancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
912
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Two leased apartments offer different bedroom configurations, and tenants cover gas, electric, and trash service.
Where is this duplex located?
The property is located at 1010 Alpine Avenue Nw Grand Rapids, MI.
What is the asking price?
The asking price for this property is $319,900.
What are key features of this property?
This property features: Two leased apartments: lower unit has 4 bedrooms and 1 bath; upper unit has 2 bedrooms and 1 bath; Renovations completed in both units; New windows throughout the property
