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    914 Courtney St NW Grand Rapids, MI 49504

    For Sale
    $399,999

    Four-unit property with long-term tenants, ideal for investors.

    Lot size:
    0.15 Acres

    Property Features for 914 Courtney St NW

    General Information

    Lot size
    0.15 Acres

    Building Details

    Year built
    1910

    Source: Five Star Real Estate (Main) Agent Jeffrey M Blahnik

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Northwest Grand Rapids Fourplex

    This four-unit property is located in Northwest Grand Rapids. It is suitable for investors. One unit is currently vacant, while the other three units are occupied by long-term tenants on month-to-month leases. The property includes off-street parking, with an alleyway in the back providing space for 4-5 vehicles, and an additional 3 parking spaces available along the street in front. Each unit has a separate entrance, and utilities are split. The basement contains two furnaces that service the lower units. The upper units are heated by natural gas space heaters. The lower unit at 914 has an additional non-conforming bedroom in the basement. Buyers are advised to verify the square footage.
    Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Grand Rapids
    County
    Kent
    State
    Michigan
    Longitude
    -85.6921791
    Latitude
    42.9860739

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    FAQs

    What type of property is this?
    Quadplex - Four-unit property with long-term tenants, ideal for investors.
    Where is this quadplex located?
    The property is located at 914 Courtney St NW Grand Rapids, MI.
    What is the asking price?
    The asking price for this property is $399,999.
    What are key features of this property?
    This property features: - Solid 4-unit property, ideal for investors.; - Vacant unit available for immediate occupancy or rental increase.; - Long-term tenants in the other 3 units.
    (616) 791-8181
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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
    914 Courtney St NW Grand Rapids, MI 49504
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