Three-Unit Residential Income
For Sale
$449,900
1130 Jackson St NW, Grand Rapids, MI 49504
Three-unit rental mix of two 2-bedroom units and one 3-bedroom, with alley-access parking and shared basement laundry.
Property SizeContact for details
Days on Market61
Property Features for 1130 Jackson St NW
General Information
Standard status
Active
Property subtype
Investment
Additional Details
Multifamily Units
3
Taxes and HOA fees
Annual Taxes
$7,184
Building Details
Year Built
1895
Units
3
Tenancy
Multi
Listing Agency:
Five Star Real Estate (Jenison)
(616) 443-7703
Listed By:
Linda M Tanis
(616) 443-7703
Source:
Elliman
Added: Jun 24
Changed: Aug 14
Last Checked: Aug 23 at 5:40AM
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 Five Star Real Estate (Jenison)
Investment Insights
Based on property information with market context.
This spacious three-unit residential income property offers two 2-bedroom units and one 3-bedroom unit. During recent turnovers, two of the units have been updated, giving the building a mix of modern finishes and continued long-term upside through future management. A parking pad with alley access supports off-street parking convenience, and the basement includes shared laundry facilities.
The property is positioned across from Lincoln Park and near the West Side corridor, with proximity to shops, dining, and everyday amenities. BikeScore is 64 and WalkScore is 69, indicating a somewhat walkable and bikeable area, while transitScore is 38.
With a unit mix that can serve multiple household types, the building is well suited for investors seeking a multi-tenant structure and for owner-occupants who want the option to live in one unit while renting the others. Turnover updates to two units may help reduce immediate update needs, while the remaining unit offers an opportunity for buyers to align improvements with their plan for the property.
The property is positioned across from Lincoln Park and near the West Side corridor, with proximity to shops, dining, and everyday amenities. BikeScore is 64 and WalkScore is 69, indicating a somewhat walkable and bikeable area, while transitScore is 38.
With a unit mix that can serve multiple household types, the building is well suited for investors seeking a multi-tenant structure and for owner-occupants who want the option to live in one unit while renting the others. Turnover updates to two units may help reduce immediate update needs, while the remaining unit offers an opportunity for buyers to align improvements with their plan for the property.
Key Highlights
- 3‑unit multifamily built in 1895 with two 2‑bedroom units and one 3‑bedroom unit
- Parking pad with alley access
- Shared basement laundry
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
477
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
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Three-unit rental mix of two 2-bedroom units and one 3-bedroom, with alley-access parking and shared basement laundry.
Where is this triplex located?
The property is located at 1130 Jackson St NW Grand Rapids, MI.
What is the asking price?
The asking price for this property is $449,900.
What are key features of this property?
This property features: 3‑unit multifamily built in 1895 with two 2‑bedroom units and one 3‑bedroom unit; Parking pad with alley access; Shared basement laundry
