3201 Marshall Ave SE, Grand Rapids, MI 49508

Building Details

Year Built

1966

Listing office j***@lmrealtym.com Show Phone

Listing date Apr 24, 2026

Source Elliman

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 Javier Rodriguez

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Overview

This all-brick income property is located at the end of a quiet cul-de-sac. The property is fully rented with long-term tenants. Both units, 3201 and 3203, have been fully remodeled with a new kitchen, modern appliances, updated vinyl flooring, and fresh finishes. A new coin-operated washer and dryer are scheduled for installation in 2026, providing additional income potential. The property features a new high-efficiency boiler, updated plumbing, and a new hot water heater. Current gas bill averages approximately $150 per month, and water averages approximately $200 per month. Additional amenities include a 5-stall garage, an extra storage shed, private backyard space, and basement storage rooms for tenants. There is also a coin-operated washer and dryer on-site.

Suggested Use

Law Firm Skin Care Clinic Real Estate Agency Dental Office Travel Agency Clothing & Fashion Store Bar & Pub Restaurant Locksmith (Bike/Boat/Book/etc) Store

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

Location Insight

• Map
• Local Demand

City

Grand Rapids

County

Kent

State

Michigan

Longitude

-85.6452233

Latitude

42.9054607

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FAQs

What type of property is this?

Duplex - Fully rented duplex with updates and strong investment potential.

Where is this duplex located?

The property is located at 3201 Marshall Ave SE Grand Rapids, MI.

What is the asking price?

The asking price for this property is $586,900.

What are key features of this property?

This property features: Fully rented with long‑term tenants, providing immediate income.; **Completely remodeled units with new kitchens, modern appliances, vinyl flooring, and fresh finishes.**; **New high‑efficiency boiler, updated plumbing, and new hot water heater for reduced maintenance and lower utility costs.**