Triplex with Updated Upper
For Sale
$455,000
112 Eastern Ave SE, Grand Rapids, MI 49503
The vacant residence offers two bonus rooms, new kitchen and bath finishes, and new appliances.
Property SizeContact for details
Days on Market9
Property Features for 112 Eastern Ave SE
General Information
Standard status
Active
Property subtype
Investment
Taxes and HOA fees
Annual Taxes
$6,378
Building Details
Year Built
1900
Units
3
Listing Agency:
Fathom Realty MI LLC
Listed By:
Olvi Tole
(616) 328-4740
Source:
Elliman
Added: Sep 29
Last Checked: Oct 5 at 7:19PM
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 Fathom Realty MI LLC
Investment Insights
Based on property information with market context.
This 1900-built triplex contains three residences. The main-floor apartment has one bedroom, one bathroom, a large kitchen, and a spacious living room. A second- and third-floor unit includes two bedrooms, one bathroom, and two bonus rooms; its kitchen, bathroom, and appliances have been updated. The other second-floor apartment has one bedroom and one bathroom. Hardwood flooring, original woodwork, and basement laundry are also part of the property. The roof and chimney are approximately 3 years old.
The property is in Grand Rapids’ East Hills neighborhood, near Wealthy Street shops and dining. Walk Score is 94, Bike Score is 61, and Transit Score is 40. The two-bedroom unit is vacant.
The property is in Grand Rapids’ East Hills neighborhood, near Wealthy Street shops and dining. Walk Score is 94, Bike Score is 61, and Transit Score is 40. The two-bedroom unit is vacant.
Key Highlights
- Three residential units in a 1900‑built property
- Main‑floor apartment has 1 bedroom, 1 bathroom, a large kitchen, and spacious living room
- Upper unit spans the second and third floors and includes 2 bedrooms, 1 bathroom, and 2 bonus rooms
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,651
Businesses Nearby
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Business Placement
Demographics for 49503, MI
39,344
Population
19,017
Households
2.1
Avg Household Size
30
Median Age
44%
College-Educated
88%
High-School Grad
7.3 sq mi
ZIP Area
5,390
Density / Sq Mi
$61,734
Median Household Income
$36,694
Median Earnings
$1,207
Median Rent
$224,100
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Triplex - The vacant residence offers two bonus rooms, new kitchen and bath finishes, and new appliances.
Where is this triplex located?
The property is located at 112 Eastern Ave SE Grand Rapids, MI.
What is the asking price?
The asking price for this property is $455,000.
What are key features of this property?
This property features: Three residential units in a 1900‑built property; Main‑floor apartment has 1 bedroom, 1 bathroom, a large kitchen, and spacious living room; Upper unit spans the second and third floors and includes 2 bedrooms, 1 bathroom, and 2 bonus rooms
