Multifamily Property with Vacant
New
For Sale
$249,000
1021 Broadway Ave NW, Grand Rapids, MI 49504
The lower unit is tenant-occupied, while the upper unit is vacant and available for leasing or owner occupancy.
Property SizeContact for details
Lot Size0.07 Acres
Days on Market3
Property Features for 1021 Broadway Ave NW
General Information
Standard status
Active
Lot size
0.07 Acres
Property subtype
Investment
Taxes and HOA fees
Annual Taxes
$4,249
Building Details
Year Built
1900
Units
2
Listed By:
Kaden Buchholz
(616) 843-4017
Source:
Elliman
Added: Oct 14
Changed: Oct 15
Last Checked: Oct 15 at 2:36AM
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 Kaden Buchholz
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Investment Insights
Based on property information with market context.
This multifamily property in Grand Rapids has an occupied lower unit and a vacant upper unit. The upstairs space is available for a new lease or owner occupancy, while the existing tenant provides current occupancy in the lower unit. The property was built in 1900 and sits on a 2,875-square-foot lot.
The area has a Walk Score of 56, a Bike Score of 36, and a Transit Score of 28.
The area has a Walk Score of 56, a Bike Score of 36, and a Transit Score of 28.
Key Highlights
- Lower unit is occupied by a tenant; upper unit is vacant
- 2,875‑square‑foot lot
- Built in 1900
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,455
Businesses Nearby
Explore this area
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?
Multifamily property - The lower unit is tenant-occupied, while the upper unit is vacant and available for leasing or owner occupancy.
Where is this multifamily property located?
The property is located at 1021 Broadway Ave NW Grand Rapids, MI.
What is the asking price?
The asking price for this property is $249,000.
What are key features of this property?
This property features: Lower unit is occupied by a tenant; upper unit is vacant; 2,875‑square‑foot lot; Built in 1900
